Is Celox Farewell an Omen?

COMMENTS

Newest First | Oldest First | Threaded View

Add Comment

Page 1 / 8 > >>

glad2Bgone 12/5/2012 | 12:56:12 AM

re: Is Celox Farewell an Omen? RIP Celox - 300 casualties

I wonder who will pick the bones?

Reply | Post Message | MESSAGES LIST | START A BOARD

atogas_dead 12/5/2012 | 12:55:13 AM

re: Is Celox Farewell an Omen? Well, nothing left but the crying I guess....

Atoga has gone into receivership and its creditors have brought in the hatchet crew to slice and dice. Board of directors was dissolved before Christmas and the remaining employees had to take off the last 2 weeks of December without pay while the new "management" team came up with a restructuring plan.

Today it was announced that the new plan calls for most of the employees to be taken around the back of the building and summarily shot. They were given the following package:
-- 1 days severance (no kidding, today is their severance)
-- Option to buy Cobra insurance (until they close down for good)
-- 401k roll-over (like this is something special)
-- 90 days to exercise their worthless stock (most likely granted at $.10 to $.30, now worth $.00)

Those that were asked to stay do so at 50% salary (following an earlier 10% reduction) and no guarentee that they will in fact get paid. Sounds like the ones terminated came out better on the deal.

LR - better put in a call quick to validate... Tomorrow the PBX is listed on Comdisco's site. If you hurry you might be able to find the "Most Promising New Public Network Technology Introduced at SUPERCOMM 2001 Optical Networking Winner: ATOGA Systems Inc" on Ebay.

Reply | Post Message | MESSAGES LIST | START A BOARD

cyber_techy 12/5/2012 | 12:54:21 AM

re: Is Celox Farewell an Omen? Celox was actively advertising new positions less than 2 weeks before closing.

Job Summary
Job Number: 886265

Job Title: Routing Protocol SWE

Company Job ID:

Company: Celox Networks, Inc.

Location: US - MA, Southborough

Job Start/End Date: not provided

Job Type: Permanent

Job Classification : Full Time

Hours/Week: 40 hrs/week

Salary Range: not provided

Education: Bachelors Degree

Required Degree/
Formal Training: not provided

Required Licenses/
Certificates : not provided

Experience: Entry Level (0 - 2 years)

Company
Homepage: not provided

More Information

America's Career InfoNet has information about jobs at the national level:

General Outlook on the U.S. Job Market
Additional Career Resources
Wage and Trend information related to this type of job
Profile of Massachusetts

Job Description

The Routing Protocol SWE (Job # 0208SBO131) will be part of a team responsible for the design, development, testing, and maintenance of SNMP protocol software for a high-performance network system.

Job Requirements/Skills/Experience:
This job requires 0-1 years of relevant experience in the areas of SNMP, OSPF, or IPSec software development. Experience in embedded systems programming is essential Knowledge of one or more of the following protocols is essential: SNMP v1/v2/v3 or other Network Management tools.

The individual should have strong programming and debugging skills in C/C++ in a Unix and/or embedded software environment.

The individual must be able to work in a team environment. Develop large portions of software independently and rapidly. Work across organizational and geographic boundaries to deliver quality software to market in a timely manner.

Education:
BSCS or appropriate experience.

To apply please reference Job #0208SBO131:

Human Resources
Celox Networks
2 Park Central Dr.
Southborough, MA 01772
FAX: 508-305-7004
EMAIL: [email protected]

Reply | Post Message | MESSAGES LIST | START A BOARD

dm4089 12/5/2012 | 12:54:14 AM

re: Is Celox Farewell an Omen? OOOH, OOOH, OOOH!

One of those part-time (40 hours / week) jobs a Celox. I always wanted one of those. Is it too late to apply?

Reply | Post Message | MESSAGES LIST | START A BOARD

Peter Heywood 12/4/2012 | 9:08:49 PM

re: Is Celox Farewell an Omen? One of the things I've heard about these types of boxes is that they're incredibly hard to configure - so hard that they're not really a practical proposition for carriers.

Comments?

Reply | Post Message | MESSAGES LIST | START A BOARD

gigeguy 12/4/2012 | 9:08:46 PM

re: Is Celox Farewell an Omen? > One of the things I've heard about these types of boxes is that they're incredibly hard to configure - so hard that they're not really a practical proposition for carriers. Comments?

That's typically a vendor-by-vendor issue rather than something that can be generalized across the board. Those vendors that succeed often do so by delivering their products complete with provisioning and other management tools, either in an NMS or as an adjunct to the CLI.

Reply | Post Message | MESSAGES LIST | START A BOARD

BobbyMax 12/4/2012 | 9:08:44 PM

re: Is Celox Farewell an Omen? There are many vendors that have IP Service Switch. The worst thing for the investor is that Celox did not disclose honestly about its business prospects. The Celox management only decided to close the company as it did not receive any additional funding.

Some wild animals have to destroyed as their population growth cannot be supported by the resources. The same thing is happening with respect to IP switches, IP Aggregation Devices, and Routers. This phenomenon leads to company closures and consolidations. The vendors of these equipment think that thge customers would buy every month. The world has never seen this kind of mushrooming growth inspired by VC funds.

Reply | Post Message | MESSAGES LIST | START A BOARD

rainbowarrior 12/4/2012 | 9:08:44 PM

re: Is Celox Farewell an Omen?
What a suprise! A negative post from BobbyMax.

From what I've heard about Celox, they had a good, solid product based on a powerful, working ASIC design. They set out to provide basic "smaller, denser, faster" functionality and they succeeded. Only problem is that market fell away from them.

No company is perfect, but this is the kind of company that could have provided real value to the industry if it lasted through the telecom depression.

I'm sorry to see it pass away.

Reply | Post Message | MESSAGES LIST | START A BOARD

Scott Clavenna 12/4/2012 | 9:08:43 PM

re: Is Celox Farewell an Omen? Hard to say if Celox is characteristic of the whole IP Service switch market. That market has many applications and aspects: VPN service, security services, "IP-enabled-Frame," and broadband aggregation, among others. Services like IP-enabled-Frame are very real within the large IXCs and require scalability going forward that incumbent suppliers may not be able to supply.

I think Celox had a product that could wear many of these hats well, and was addressing a real need in the market; they are a victim primarily of a market slowdown, not a market rejection, per se. Timing is everything in Big Iron investments, and a change in plans from large carriers as to when they roll out advanced IP services or scale their existing L2 services with MPLS has dramatic impact on venture-backed startups. But it doesn't necessarily mean the idea is flawed.

On tough to configure, that is definitely going to be an issue as carriers move to L3 service infrastructures, with any-to-any kind of connectivity supplanting classic hub-and-spoke, connection-oriented L2 services. All vendors will have to step up to that challenge.

Managed security services are going to be hell, I would assume. Configuration complexities being just the beginning.

Scott

Reply | Post Message | MESSAGES LIST | START A BOARD

FISH 12/4/2012 | 9:08:42 PM

re: Is Celox Farewell an Omen? What about Atoga ?
Is this a good product ?
Do you think they will make it ?

Reply | Post Message | MESSAGES LIST | START A BOARD

Page 1 / 8 > >>