2Wire buys Kenati, to extend broadband service platform
2Wire, a San Jose, Calif. provider of broadband service products for companies serving consumers, said it has acquired Kenati Technologies, a home networking software maker, for an undisclosed amount
2Wire, a decade old company that has raised around $200 million from investors such as Venrock Associates, Oak Investment Partners and Dell Ventures, is mulling a public offering next year.
2Wire said Kenati’s technology will help it better server telecom operators as it works with them to sell digital media services to consumers.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
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