re: TiMetra for Sale?- How could TiMetra exist for 3+ years with $23.6m of funding ? With almost 100 people at peak (average 50 people over the 3 years?) Can anyone estimate the yearly cost for a 50 people company ? - Timetra had a deal with a chip company for $18m in 2001, is this true ? - What does Timetra stand for ?
re: TiMetra for Sale?- How could TiMetra exist for 3+ years with $23.6m of funding ? With almost 100 people at peak (average 50 people over the 3 years?) Can anyone estimate the yearly cost for a 50 people company ? --------------------------------
good point, doesn't really add up:
let's just consider compensation: 50 people x 3 years x 200K/person = 30 mil
that's already over their funding.
200K/person/year is conservative, considering execs and good hw/sw engineers make that much in salary alone (without including 15-25% more for benies like vacation, 401K, insurance, etc.). They must be paying their employees with stock options :)
There are many other costs: the office space, administrative, lab/prototypes, systest, marketing, travel, etc...
re: TiMetra for Sale? Sure, big companies will pick up distressed companies rather than develop the stuff from scratch. But these "buyouts" will happen at prices nowhere near 135 mil. They'll be modeled more like Alliance's buyout of chip engines - where Alliance bought them out for essentially nothing. Agreeing to simply pay their salaries. And any other payments contingent - not on revenue - but on real operating earnings.
Remember real operating earnings ? Anyone ?
================================================= Word in the investment community is that, the remaining few companies around, with even "decent" technology will be picked up. Big comapanies looking to expand their product line would rather pick up these distressed companies than develop stuff from scratch.
re: TiMetra for Sale?Alcatel Strengthens IP Portfolio with Acquisition of TiMetra, Inc
Friday May 16, 3:04 am ET
Positions Alcatel as Powerful Contender in IP Market, Enables Delivery of New, Higher-Margin Data Services
PARIS & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 16, 2003--Alcatel (Paris: CGEP.PA and NYSE: ALA), a world leader in carrier-class network infrastructure solutions, today announced that it has entered into a definitive agreement to acquire TiMetra, Inc., a privately held, Silicon Valley based company specialized in IP/MPLS service routing at the network edge. The acquisition of TiMetra will allow Alcatel to increase its addressable market for IP solutions, and provide customers unmatched flexibility to migrate their offerings toward new, higher-margin IP or MPLS based services, based on the industry's most comprehensive and reliable family of carrier-class products.
re: TiMetra for Sale?Vivace and TiMetra acquired within the same week. Now that Alcatel and Tellabs can claim they have IP-Edge platforms, and Lucent has a deal with Juniper, does this mean that Siemens and Nortel will have to make some acquisitions? Will Nokia buy Redback?
$23.6m of funding ? With almost 100 people
at peak (average 50 people over the 3 years?)
Can anyone estimate the yearly cost for
a 50 people company ?
- Timetra had a deal with a chip company
for $18m in 2001, is this true ?
- What does Timetra stand for ?