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FatherTime 12/4/2012 | 9:07:20 PM
re: Is Celox Farewell an Omen? Take heart, Celox-ers. Your stories are amazingly similar to another IP Services/Edge router in MA. This other company will likely shutter the doors the first week of January or the next crescent moon, which ever is occurs first.

glad2Bgone 12/4/2012 | 9:07:13 PM
re: Is Celox Farewell an Omen? you are correct on almost everything!!! Otto was 6 months late on the ASIC's tho....
lightlogic 12/4/2012 | 9:07:04 PM
re: Is Celox Farewell an Omen? A thought...

Could it be possible that the CEO of the company didn't entertain offers for Celox before the fourth round because the third round investors had such favorable terms? Maybe he wanted the company to go through a fourth round, which basically wiped out the previous investors. (The CEO had mentioned that he and a close relative had invested in one of the first rounds, and ended up heavily diluted by the third rounders.) The fourth round was like starting over, a "new" company. If certain individuals had insider knowledge that an acquisition was a very high possibility, they could have made a decent size investment, grabbed a percentage of the company, with a good chance to flip it within a few months.

After the Alcatel deal fell through, those that invested based off that insider knowledge probably wanted to get as much of their money back as possible, because they didn't invest for company development reasons. Thus the immediate shutdown.

It would be interesting to see the list of investors and dollar amounts for the fourth round.
Any comments? Far-fetched?
metro_ether_man 12/4/2012 | 9:05:54 PM
re: Is Celox Farewell an Omen? Marguerite Reardon,

The IP Services Router/Switch market is not doomed! either is the Multi-Service Provisioning platforms market, which is in effect the same kind
of box, just marketing hype for one or the other.

There all High Performance Router/Switches with
various flavors of OS's, Switch Fabrics, Hardware/Software Architectures Etc..

I can remeber when Time Warner asked us to show them how to use utuilize these systems, they didn't know how or what to use them for, new carrier ISP's/ASP's are a breeze, and they "get it".

The whole reason for these types of market is
to deliver advances in material science (Chips)
in new products that are faster, cheaper, more functionality, smaller, less power, Etc.., Etc..
Etc.. So when you say the market is doomed, I think not. Yes, Cisco's 6500 and 8500 series platforms address these markets, just like everyone else's also. This is why we have competetion(a would/could be better mouse trap).

It is a matter of economics, I think companies would be a lot better of addressing the needs of new carriers, businesses-small and medium, R&D labs, Data Centers, Etc.. Nothing like a little applied engineering, sheeer will and determination and a little vision.

If they can't figure out what to do with it or your fighting the internal decesion maker then deliver it to your prospective client, show them how it works, makes money, fixes itself, automatically provisions wnating and waiting customers.

It just amazes me how some $%&^*#@ people
have know clue. In Today's market it takes an inside deal (Your business business plan) to establish growth.

I know this is all obvious to the casual's.

But some analysts say that CeloxG«÷s market was simply doomed. They say the need for IP service switches is waning, as much of the functionality is becoming incorporated into existing edge routing platforms. Cisco Systems Inc. (Nasdaq: CSCO - message board) and Juniper Networks Inc. (Nasdaq: JNPR - message board), for instance, have released various versions of software to create IP VPNs, aggregate traffic, and enable other IP services (see Edge Routing Gets Service Friendly ).

G«£There arenG«÷t too many IP networks out there that donG«÷t have Cisco routers in them,G«• says Curtis Price, an analyst with Stratecast Partners. G«£ItG«÷s much easier to upgrade what you already have than to deploy something completely new. Carriers are looking to cut operational costs and squeeze as much as they can out of what they have.
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