Tuesday, February 1, 2005

Cortina Acquires Azanda Network Devices

Cortina Systems has acquired Azanda Network Devices. Financial terms were not disclosed. Cortina will offer its customers Azanda's traffic management and ATM SAR (Segmentation And Reassembly) products. Azanda's support and development team, which has moved into Cortina's new Sunnyvale headquarters and has been integrated into Cortina's team, will continue to support existing and future customers.

Cortina's multiple product lines support SONET/SDH, POS/GFP, as well as RPR and Ethernet and are tailored to Routing, Transport and Enterprise applications. Azanda, by contrast, has concentrated on ATM-to-IP protocol conversion, a particularly complex engineering problem.

In combining the two approaches, Cortina said it will now be able to offer a total solution to its customers.

  • In April 2004, Cortina Systems, a start-up based in Mountain View, California, raised $20 million in new venture funding for its analog and digital integrated circuits for the networking and communications equipment. Cortina's technology enables very high-speed analog and digital capabilities to be combined on the same CMOS device while meeting stringent SONET jitter requirements. The company is currently shipping chips that support multiple protocols, which include RPR and Ethernet MACs, SONET/SDH/Ethernet framers, and high speed SERDES, running at multiple rates from OC3 to OC192 and GE to 10GE.

  • Cortina Systems is headed by Amir Nayyerhabibi, who previously was co-founder and Vice President of Engineering at StratumOne Communications, which was acquired by Cisco in 1999. He also managed the development of 12416 and 12410 Cisco GSR Router programs.

  • In December 2003, Azanda Network Devices, a start-up based in Sunnyvale, California, closed $10 million in a Series C funding round for its advanced traffic management silicon. All of Azanda's current major investors participated in the funding round, including Bessemer Venture Partners, Highland Capital Partners, Newbury Ventures, Commonwealth Capital Ventures, GS PEP Technology Fund, an affiliate of Goldman Sachs Asset Management, and Wall Street Technology Partners LP, a New York-based technology fund managed by Dresdner Kleinwort Capital (DrKC). Total announced funding in the company at that point was around $53 million since its founding in 2000.

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