Azanda Sold to Cortina

SUNNYVALE, Calif., Feb. 2 /PRNewswire/ -- Cortina Systems, a provider of integrated circuits that allow network systems designers to economically integrate bandwidth, computing power and storage into a single piece of equipment, has acquired Azanda Network Devices. Effective immediately, Cortina will offer its customers the industry's leading traffic management and ATM SAR (Segmentation And Reassembly) products. Azanda's support and development team, which has moved into Cortina's new Sunnyvale headquarters and has been integrated into Cortina's team, will continue to support existing and future customers.

"Azanda's solutions are the best-in-class," said Amir Nayyerhabibi, Cortina's President and CEO. "There is a great synergy between Azanda's and Cortina's products which fit into the same systems and often the same line cards. Our top tier systems customers encouraged us to go forward with this acquisition."

Both Cortina and Azanda had their origins amidst a strong industry drive to consolidate the physical layer of networks. Such consolidation, which replaces multiple line cards with single integrated circuits, dramatically reduces system footprint and costs. At the same time, both Cortina and Azanda structured their solutions to permit service providers to retain much of their legacy infrastructure as their systems evolve towards universal use of Internet Protocol (IP).

Cortina's multiple product lines support SONET/SDH, POS/GFP, as well as RPR and Ethernet and are tailored to Routing, Transport and Enterprise applications. Azanda, by contrast, has concentrated on ATM-to-IP protocol conversion, a particularly complex engineering problem. In combining the two approaches, Cortina will now be able to offer a total solution to its customers.

Cortina Systems develops highly integrated, complex ICs that address the challenging requirements of today's networking and communication systems. With offices in Sunnyvale, CA, and Ottawa, Canada, Cortina has assembled a world-class team that has already demonstrated the ability to meet customers' requirements by bringing complex products to market in a record time. The company is backed by leading venture capital firms: Morgenthaler Ventures, El Dorado Ventures, INVESCO Private Capital, Redpoint Ventures, Kodiak Venture Partners, and Hotung Capital Management, Inc.