Data switch-maker Hammerhead dead in the water
Telecom data-switching company Hammerhead Systems has folded due to the poor economy, reports VentureWire. Specifically, the Mountain View, Calif.-based company failed to recruit enough mobile carriers as customers for its Ethernet aggregation switches, which rout data from mobile users back to operator networks.
The company claims this functionality helped carriers adapt aging equipment to modern traffic demands — but to no avail. It just let go 50 of its 53 employees, and the several that remain… Continue Reading