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To start up here, companies hire over there

OfficeTiger is the sort of young technology company that once created thousands of high-paying jobs in the USA, fueling sizzling economic growth. The 5-year-old business employs 200 in the USA. Yet it employs 2,000 more in southern India, with plans for hundreds more performing tech-heavy financial services and other tasks. None of those jobs got there through traditional “offshoring.” They were never in the USA to begin with. Nearly 40% of start-ups in a new USA TODAY study employ engineers, marketers, analysts and others in Continue reading →

Sources: Juniper Eyeing Trapeze

Sources close to Juniper Networks Inc. (Nasdaq: JNPR – message board) say the company is still on the prowl for a wireless LAN switch vendor to acquire. They say the firm may be examining switch startup Trapeze Networks Inc. as a possible acquisition target. “They’re doing more than sniffing around,” notes one industry source. A spokesperson for Juniper refused to comment on “rumors and speculation” about acquisition possibilities. No one from Trapeze has returned calls about this matter yet. Unlike the majority of its major Continue reading →

Is Juniper out shopping?

Ever since Cisco acquired wireless LAN switch maker Airespace three weeks ago, speculation has swirled about how router rival Juniper might respond. It’s no secret that Juniper, which until its acquisition of security vendor NetScreen Technologies last year focused exclusively on the service provider market, is looking to raise its profile in enterprise networking. Juniper also is shipping a new line of access routers developed for enterprise networks. Analysts expect Juniper to acquire companies this year to deepen its reach into the enterprise market – Continue reading →

Juniper in Search of Wireless LAN Switching Firm

Consider Juniper Networks Inc. among the many networking companies scrambling to improve their wireless portfolios. According to sources, the Sunnyvale, Calif., company is working to buy a wireless LAN switching startup to keep pace with competitors such as Cisco Systems Inc., which earlier this month announced the acquisition of Airespace Inc. The move boosts Cisco in the burgeoning centrally managed, “thin access point” enterprise WLAN space. According to sources, Juniper also bid to acquire Airespace with an offer that fell far short of the $450 Continue reading →

Trusted LANs set to take off

LAN changes have ebbed and flowed on a nearly consistent five-year basis. In 1990, 10M bit/sec shared Ethernet emerged as the LAN standard – only to be usurped five years later by the introduction of Fast Ethernet and Ethernet switching. Between 1995 and 2000, two important innovations occurred: virtual LANs and Gigabit Ethernet. Now in 2005, the LAN market is about to make another fundamental transition: from virtual LANs to trusted LANs, which let secure internal networks be provisioned at high speeds whether transport is Continue reading →

Incipient, Inc., Secures $20M Series C Funding With Top Tier Venture Firms; Funds Slated for Advanced Development of Storage Software for Intelligent Switch Platforms and Fulfillment of OEM Business Partner Agreements

Incipient, Inc., a leading provider of intelligent switch-resident storage software, today announced it has successfully closed a third round of $20 million in equity financing, bringing total equity capital raised to $55 million. GrandBanks Capital led the Series C round, with full participation from existing major investors; Globespan Capital Partners, Greylock, HLM Venture Partners, and Sigma Partners. Proceeds of this latest round will be targeted for advanced development, as well as executing on go-to-market relationships with existing and prospective OEM business partners.  Charley Lax, managing Continue reading →

Incipient Inhales $20M

Incipient Inc., a maker of virtualization software for OEM use by intelligent storage switches, has gotten $20 million in new funding. The Series C round brings Incipient's total to $55 million.

Incipient inks $20M VC round

Software developer Incipient Inc. has closed on a $20 million third round of funding, bringing the firm's total venture backing to $55 million.