Premises Networks: People and Places, 4-12-99

A roundup of personnel changes, company relocations, and other items of interest in the premises networks industry.

Altiga Networks (Franklin, MA) has appointed Martin Falaro Jr. as VP of business development and Richard White as VP of operations and customer service. Altiga designs and sells virtual private network traffic concentrators for the enterprise...

Infineon Technologies Corp. (San Jose, CA), formerly Siemens Microelectronics Inc., has named Dan Castellano director of the company's Wireless Customer Solutions Center. Castellano will be responsible for marketing Infineon's technology for emerging wireless applications...

Network services company Wang Global (Billerica, MA) has appointed Michael Levinger as senior VP of marketing. Levinger succeeds David Goulden, who held the position for two years before assuming the post of president, Wang Global US Operations...

Network Alchemy, (Santa Cruz, CA), a provider of large-scale virtual private networks, has completed its first round of funding with Silicon Valley investment firm Trinity Ventures. Established by former Cisco Systems engineers and the founders of TGV Software, Network Alchemy raised nearly $7 million in its first round, including an unusual $2 million seed investment from its founders...

F5 Labs Inc. has been renamed F5 Networks Inc. The Seattle firm is a provider of Internet traffic management products and services...

NEC America Inc. has selected a site for the construction of a new campus facility in the Las Colinas Corporate Center in Irving, TX. The new campus, to be developed by the Archon Group, will house than 1,000 employees from NEC America's Corporate Networks Group, Communications Terminals Group, the Public Networks Group's Switching Division, NEC Business Networks Solutions Inc., as well as its corporate headquarters staff. The 500,000 square foot building is expected to be completed by December 2000...

Extreme Networks Inc. (Santa Clara, CA), a developer of Layer 3 LAN switches for enterprise networks, today announced the initial public offering of its common stock on the Nasdaq National Market under symbol "EXTR." The initial public offering price for the 7 million shares, all of which were offered by the company, was $17 per share. Net proceeds from the offering are expected to be used for general corporate purposes, including working capital and capital expenditures...

CrossKeys Systems Corp. (Kanata, ON), a supplier of software for telecommunication service providers, has appointed Ian McLaren as president and CEO. McLaren's appointment is expected to take effect in the first quarter of CrossKeys new fiscal year, which begins May 1, 1999. John Selwyn, the company's founding president and CEO, will continue with CrossKeys as a member of the Board of Directors and as a senior advisor...

To better reflect its emphasis on the Internet, Alteon Networks Inc. (San Jose CA), has changed its name to Alteon WebSystems Inc. The company provides Internet protocol traffic management products including a "Layer 4" Web switching system.