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Vubiquity (nee Avail-TVN) CEO To Join VC

Light Reading
LR Cable News Wire Feed
Light Reading
3/22/2013
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RESTON, Va. -- Ramu Potarazu, founder and CEO of Vubiquity – formerly Avail-TVN – the largest global provider of multiplatform video services, today announced that he will transition to the vice chairman role on Vubiquity’s Board of Directors, and will join investor Columbia Capital as a venture partner. He will assume his new role effective April 1. During the search for a replacement, Potarazu’s duties will be handled by The Office of the CEO – a group consisting of Vubiquity’s president, Doug Sylvester; CFO Bill Arendt; and Chairman of the Board Phil Herget. “I’m extremely proud of the work the Vubiquity team has done over the past seven years. We’ve created not just a company, but a global market leader,” said Potarazu. “This company’s best resources have been its employees and our strong relationships with a stellar roster of customers. Now is the proper time for me to take on a steward role on the Board as Vubiquity moves to the next level.” moves to the next level.”

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