Narad shuffles exec deck, secures Japan trial
Narad Networks Inc., provider of gear for the commercial broadband services sector, on Thursday announced it had shuffled and promoted some of its senior executives, and matched those moves with some new business in Japan.
For starters, Narad founder and CEO Dev Gupta will become chairman of the company's board, and hand off the CEO slot and duties to Craig Dynes, the company's chief financial officer.
Chuck Kaplan, Narad's vice president of marketing, will become chief operating officer, and Marc Aldrich will add worldwide sales and customer service duties to his present role as vice president of North American Sales.
The moves were necessary, the company noted, as Narad shifts its focus from research and development to the trial and deployment stage. Narad is targeting MSOs with a broadband platform designed to allow them to extend their cable networks and services to business customers.
The new management team "along with additional funding, will give Narad the resources to execute its business strategy," said Jonathan Flint, a Narad co-founder and Polaris Venture Partners managing general partner.
Narad also announced its first cable field trial. Narad, working with distribution partner Synclayer Inc., said Japan-based MSO StarCat Cable Network is testing Narad's gear in the field to offer high-speed data access and 30 Mbps video streams to businesses via the operator's legacy HFC network. Following the trial, StarCat is expected this spring to deploy the service to small- and medium-sized businesses in the Nagoya area.
StarCat serves 300,000 subs and passes about 610,000 homes. Narad said the StarCat trial is one of several currently underway, but was not more specific.