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Optical/IP

Appian Goes to Auction

Oh, the things you'll find trolling the auction sites on a slow Friday.

How about second-hand fine art rescued from the Enron shipwreck? Or the infamous David Beckham soccer ball from Euro 2004 -- what better way to torment your U.K. colleagues? (Actually, there is a better way: seven days with the guy who wrote Chicken Soup for the Soul.)

Or maybe... an optical networking company that's given up the ghost?

The latest casualty to join the selloff crowd is Appian Communications Inc., with assets due to be auctioned in October by Advanced Asset Services Inc., the same outfit that presided over a sale of Équipe Communications assets on June 22 (see Equipe Assets Go to Auction).

For those who want to get all technical, the Appian sale is a "Complete Liquidation of an Optical Switching & Transmission Equipment Development Firm," according to the AAS site. The auction's Web page can be found here.

The site provides lovely color photographs of some of the assets, such as a whole mess of tangled cables, something every networking operation needs. Of course, the auction also includes servers, chairs, and some of your more mission-critical items.

Appian shut down in January, apparently stung by a failed France Telecom SA (NYSE: FTE) bid that could have triggered a $12 million funding round (see Appian Closes With No Cigar).

— Craig Matsumoto, Senior Editor, Light Reading

rajsharma 12/5/2012 | 1:26:51 AM
re: Appian Goes to Auction Sumitomo has bought the assets.
LR is late
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