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MRV Names Sales, Marketing VP

socalTECH

Chatsworth-based MRV Communications , the developer of optical communications and networking equipment, said today that it has name David Stehlin as Senior Vice President of Sales and Marketing of its Optical Communications System Division. READ MORE>>.

Sales 185
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MRV Names New VP Sales

socalTECH

Chatsworth-based MRV Communications , which develops optical communications and packet communications hardware, announced this morning that it has named Scott St. John as its new Senior Vice President of Sales for its Optical Communications System division. Johns has over 20 years in the network industry. The company said St.

Sales 147
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DataDirect Networks Expands In Paris, Claims Growth

socalTECH

DataDirect Networks , the data storage systems developer which has significant operations in Chatsworth, reports that it is opening up a new technology center in Paris. The company said that, due to the sales growth, it has expanded its overall headcount by 20 percent since Q1. DDN is led by Alex Bouzari. READ MORE>>.

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QLogic Snags Sales VP From DataDirect

socalTECH

Aliso Viejo-based data storage networking hardware firm QLogic Corp. has snagged a sales VP from Chatsworth-based DataDirect Networks, naming Scott Genereux as Senior Vice President of Worldwide Sales. QLogic is a manufacturer of host bus adapters, switches, and ASICs for the storage area networking market.

Sales 100
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MRV Gets More From Tecnonet Sale

socalTECH

Chatsworth-based optical networking equipment provider MRV Communications said the price of its sale of Tecnonet S.p.A. in the sale. has increased, and that it has received an additional $4.8M The deal now amounts to $26.4M. According to MRV, the payment relates to an intercompany obligation.

Sales 100
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MRV Sells CES Creative Electronic Systems SA

socalTECH

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV said the sale will help it to focus on its core business of network infrastructure equipment and network management products.

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MRV Communications Sells Avionics Systems Unit

socalTECH

Chatsworth-based MRV Communications , which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA. MRV said the deal is worth approximately $24.6M.