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Azanda Lands a Buyer

Chip maker Azanda Network Devices has been quietly acquired by startup Cortina Systems Inc.

The deal was completed more than a week ago, but neither side has announced anything yet. Cortina is awaiting customer approvals on its press release before formally launching the news or commenting on it, says Zino Chair, vice president of marketing.

The deal ends a long wait for Azanda, which few believed could continue standing on its own selling traffic manager chips. Many network processor and switch fabric companies offer their own traffic managers, sometimes integrated into one of those chips. That puts Azanda's standalone traffic manager at a disadvantage (see Azanda Moves On and Traffic Managers Update).

Azanda faced a lack of likely suitors among the network processor population, but Cortina doesn't come from that crowd. Its chip places multiple types of traffic, including Ethernet and RPR, onto Sonet rings (see AMCC, Cortina Chip Into Multiservice).

Why the interest in Azanda, then? The acquisition probably came at the request of Cisco Systems Inc. (Nasdaq: CSCO), says one source requesting anonymity. The buzz on Azanda has long been that a Cisco design win was its primary source of sustenance, and the source notes that Cortina's chip is being used in Cisco's RPR efforts.

It appears the deal was more than an asset sale and included some Azanda employees. "A team moved across, but definitely not all the people," the source says.

Azanda officials couldn't be located for comment. Azanda's Website is intact, but its phones have been disconnected, with the main number forwarded to Cortina's West Coast office.

— Craig Matsumoto, Senior Editor, Light Reading
marete 12/5/2012 | 3:29:14 AM
re: Azanda Lands a Buyer
What about Teradiant? Are they still alive?
phonon99 12/5/2012 | 3:29:10 AM
re: Azanda Lands a Buyer Only two cars were in the parking lot yesterday! You can guess what's going on there.
marete 12/5/2012 | 3:29:10 AM
re: Azanda Lands a Buyer
I interviewed for an ASIC design verification position with them over the phone sometime ago, though they never invited me to the company. It seemed they were doing leading-edge work at the time. Now I am surprised they are doing down.

===============================================

Good, if only slightly cocky, crew. Believe they're down for the count.


Sibylle 12/5/2012 | 3:29:10 AM
re: Azanda Lands a Buyer Good, if only slightly cocky, crew. Believe they're down for the count.

startup.reality 12/5/2012 | 3:29:09 AM
re: Azanda Lands a Buyer
we have interviewed one of their employees recently.

Heard that they laid off everybody and closed the doors.

the two cars might be the people who are trying
to salvage some money by selling the office stuff.
marete 12/5/2012 | 3:29:08 AM
re: Azanda Lands a Buyer startup.reality,
which company do you work for?

Thanks

===============================================
we have interviewed one of their employees recently.

Heard that they laid off everybody and closed the doors.

the two cars might be the people who are trying
to salvage some money by selling the office stuff.
startup.reality 12/5/2012 | 3:29:02 AM
re: Azanda Lands a Buyer i work for a startup in silicon valley. can't tell
you which one since we are in stealth mode.
marete 12/5/2012 | 3:29:01 AM
re: Azanda Lands a Buyer startup.reality,
I understand thanks. I only wanted to e-mail my resume for an ASIC design verification engineer, if such positions were available.

----------------------------------------------
i work for a startup in silicon valley. can't tell
you which one since we are in stealth mode.
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