Light Reading
Colin Doherty is a 25-year telecom vet who headed Arbor through its acquisition and beyond.

BTI Names Former Arbor Boss as CEO

Mitch Wagner
4/9/2014
50%
50%

BTI Systems has named named Colin Doherty, a 25-year-global telecom industry veteran who formerly headed up Arbor Networks, as its new CEO.

BTI, which makes SDN-enabled multiservice transport systems and software that's commonly used in data center interconnect networks, is looking to Doherty to lead the company "during its next stage of rapid customer and revenue expansion." (See BTI Names New CEO.)

Former CEO Steve Waszak, who led the company since 2010, left the company "for personal reasons," according to the statement.

BTI is "experiencing the best growth and performance in the company's history," board chairman Neil Ferris says in the BTI statement. Customers include Equinix, Digital Realty, and VK. Compound annual revenue growth was 33 percent between 2007 and 2013, "with more than 40 percent of revenues coming from top-tier content, colocation and service providers, and doubling revenue growth in the Asia-Pacific region," BTI says.

BTI's New CEO
Colin Doherty
Colin Doherty

Industry changes are helping to fuel BTI growth, the company says:

    "Business and consumer demand for cloud services, mobility and video content is forcing the re-architecting of content and service provider networks - particularly in metro and regional areas, where the most substantial changes are occurring," said Deepak Sindwani, partner at Bain Capital Ventures and BTI board member.

Doherty was named CEO at Arbor Networks in 2009, guiding that company through its acquisition by Danaher in 2010. Last year, Arbor acquired Packetloop. Previously, Doherty was VP for worldwide sales at Arbor, CEO of Mangrove Systems, and held senior management, sales, and operations positions with NMS Communications and Nortel Networks.

BTI has raised $60 million in funding since 2011, including $27 million in a round closed in December. Investors include Bain Capital Ventures, BDC, Covington Capital, and GrowthWorks. (See BTI Raises Cash, Embraces SDN.)

BTI recently made other changes to its executive team. It added Tod Nielsen, former VMware co-president and current Heroku CEO, to its board. The company named Ken Taylor from March Communications as CFO, and Tim Nolette from Crossbeam Systems as senior vice president of global operations.

Taylor has public listing experience, and his appointment in August led Light Reading to speculate the company was planning an IPO. BTI was non-committal. (See Is BTI Heading for an IPO?)

Speculation that BTI was set to unveil IPO plans flared up again during the recent OFC conference in San Francisco, but a company source told Light Reading that the company was nowhere near that stage.

BTI was a finalist in the Company of the Year (Private) category of the Leading Lights awards, but Guavus Inc. won the trophy. (See Light Reading Announces 2013 Leading Lights Winners and 2013 Leading Lights Finalists: Company of the Year (Private).)

— Mitch Wagner, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profileFollow me on Facebook, West Coast Bureau Chief, Light Reading. Got a tip about SDN or NFV? Send it to mwagner@lightreading.com.


Want to learn more about SDN and the transport network? Check out the agenda for Light Reading's Big Telecom Event (BTE), which will take place on June 17 and 18 at the Sheraton Chicago Hotel and Towers. The event combines the educational power of interactive conference sessions devised and hosted by Heavy Reading's experienced industry analysts with multi-vendor interoperability and proof-of-concept networking and application showcases. For more on the event, the topics, and the stellar service provider speaker lineup, see Telecommunication Luminaries to Discuss the Hottest Industry Trends at Light Reading's Big Telecom Event in June.


(4)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/10/2014 | 4:27:57 PM
Re: BTI is on a tear...
I talked with the new CEO this morning. Still no word on an IPO -- or an acquisition either, for that matte.r 
DOShea
50%
50%
DOShea,
User Rank: Blogger
4/9/2014 | 9:51:28 PM
Re: BTI is on a tear...
I thought maybe they were getting close to that IPO, with companies like Infinera and Cyan generating a lot of buzz after they went public. There was also a lot of speculation about BTI supplying Google, which they could have rode into a nice IPO. But, now we're two years distant from the first Google rumors, and BTI has never admitted anything.
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/9/2014 | 7:06:05 PM
Re: BTI is on a tear...
I'm looking to get an interview with the new boss in the next day or so. We're looking to lock down a mutually convenient time now. 
Ray@LR
50%
50%
Ray@LR,
User Rank: Blogger
4/9/2014 | 11:08:44 AM
BTI is on a tear...
In many ways BTI has been a 'slow burner' over the years, always respected and solid, but now the heat has been turned up -- this looks like a very good time to be taking the helm!
Flash Poll
From The Founder
Is your network built on 'The Old IP,' or are you part of 'The New IP' revolution?
LRTV Documentaries
A Cultural Shift for an OTT World

9|26|14   |   01:41   |   (3) comments


Telcos need to embrace a new approach to partnerships if they are to generate extra revenues quickly and give customers what they want.
LRTV Documentaries
New Skills Needed as Telecom, IT Collide

9|26|14   |   4:07   |   (1) comment


As telecom and IT collide, new technologies are emerging, new skills are needed and new opportunities for women are arising.
UBB Forum News
Do IP Networks Need An Overhaul?

9|25|14   |   02:01   |   (0) comments


As traffic levels ramp, do IP networks need new technologies and topologies?
LRTV Documentaries
Sprint Wields Its Influence in the Valley

9|25|14   |   3:09   |   (11) comments


Anne-Louise Kardas, Sprint's connection to startups in the Valley, explains how telcos can be innovative and find new opportunities with partners.
LRTV Documentaries
SDN, NFV & The Future of XO's Network

9|25|14   |   3:47   |   (1) comment


XO Communications COO Don MacNeil explains how cloud, SDN and NFV are altering its network requirements as well as changing data centers of the future.
UBB Forum News
The OTT Conundrum

9|24|14   |   01:39   |   (0) comments


What is holding back prosperous partnerships between telcos and the OTT players?
LRTV Documentaries
Putting Broadband to Work

9|24|14   |   01:26   |   (0) comments


High-speed broadband network rollout is key to telco strategies, but it's what happens after the network is built that counts.
Light Reedy
Light Reading's Women in Telecom Recap

9|24|14   |   0:55   |   (4) comments


Our first Women in Telecom breakfast was a huge success, and we hope you'll join us in London for the next event on November 6.
UBB Forum News
Monetizing Ultra-Broadband

9|24|14   |   01:43   |   (2) comments


Ultra-broadband networks need to be built, with fiber-to-the-premises the ultimate goal, but they need to be monetized, too.
LRTV Huawei Video Resource Center
Sales Director of INIT on Plug & Play Switch Devices

9|19|14   |   3:21   |   (0) comments


INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
LRTV Huawei Video Resource Center
Saudi Arabia Upgrades Vocational Training System

9|19|14   |   3:31   |   (0) comments


The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
LRTV Huawei Video Resource Center
Huawei's Media Solutions Are Here to Stay

9|19|14   |   4:35   |   (0) comments


The current media revolution requires rapid upgrades in technology. New formats (HD, 3D, 4K etc.) and the subsequent explosion of file sizes demand sophisticated network and storage architecture. Social media and the multiple distribution channels require a robust asset management system. Gartner analyst Venecia Liu speaks about the current technological trends in ...
Upcoming Live Events
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Half of the world's population will be connected to the Internet by 2017, but not just by smartphones and desktops.
Hot Topics
Facebook Pokes Around LTE Direct
Sarah Reedy, Senior Editor, 9/25/2014
Is Redbox Instant Shutting Down?
Mari Silbey, Independent Technology Editor, 9/30/2014
Sprint Wields Its Influence in the Valley
Sarah Reedy, Senior Editor, 9/25/2014
US Ignite Cultivates Gigabit Apps
Jason Meyers, Senior Editor, Utility Communications/IoT, 9/25/2014
Like Us on Facebook
Twitter Feed