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Ken Biba, resigned as chairman of Vivato. Geoffrey Baehr, a director at the company, is now chairman. Biba had resigned as CEO a few months ago. Vivato has an interim CEO but is looking for a permenant leader.
The spotlight fell on Vivato when it laid off 34 workers starting in the summer. Biba’s resignation as CEO encouraged speculation that there was trouble at the company. Vivato has 54 customers.
The interim CEO says, in this article, that Vivato doesn’t come up against much competition as it chases university customers. That’s very funny as I know of a handful of other switch or gateway makers that have university customers. Vivato has plenty of competition for university customers.
The story comes from VentureWire, which appears to be a subscription news and information service.
Posted by nancyg at December 22, 2003 11:56 AM
Categories: Enterprise
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