Sunday, March 20, 2011

Overture Networks Completes Merger, Focuses on Carrier Ethernet

Overture Networks and Hatteras Networks completed their previously-announced merger. The new Overture Networks will continue to be headquartered in Research Triangle Park, NC and focused on the Carrier Ethernet market.

Jeff Reedy will lead the new management team as CEO. Kevin Sheehan will take on the role of company President, Prayson Pate becomes Senior Vice President of Engineering and Matt Squire, will assume the position of Overture's Chief Technology Officer.