Exit Legra, Stage Right
It's been an open secret in the industry that Legra has been struggling for some time (see Is Legra Feeling the Sprain?). Now it appears the hammer may have fallen on the hapless startup.
The firm's Website was up and running on Thursday, but is now blocked from public view. Nobody from the firm returned calls by press time.
Behind the scenes, sources tell Unstrung that Legra has been looking to sell off its intellectual property. These sources finger NextHop as having bought wireless routing capabilities from Legra.
NextHop isn't talking about the deal yet. "I really can't comment," said Dennis Tsu, VP of marketing at NextHop, in a conversation yesterday.
"So you haven't bought any part of Legra," Unstrung pressed the marketing man.
"I didn't say that," he replied.
Other sources suggest fellow wireless LAN startup Colubris Networks Inc. may have bought some of Legra's intellectual property.
But Bob Olson, PR director at Colubris, denied this outright.
— Dan Jones, Site Editor, Unstrung