Dangerous to speculate, not enough actual information. I would observe that a bankruptcy is hard to hide for long, documents need to filed with courts, and creditors need to be notified. On the other hand, it seems that ownership changes can be kept secret for at least a couple months. We see it all the time when WISPs are purchased. I wonder if someone bought them and they are trying to time the announcement with a show or something. If so, that seems to be backfiring. Maybe they use the same PR consultant as the NFL.
From: cstanners--- via Af Sent: Monday, September 22, 2014 8:43 PM To: af@afmug.com Subject: Re: [AFMUG] Exalt part 2 This is scary, I hope they're just reorganizing, not really closed - not good to lose competition. Their licensed radios looked really good, and the unlicensed, while quite 'dumb' RF-wise, were solidly built. -------------------------------------------------------------------------------- From: Eric Kuhnke via Af <af@afmug.com> Sender: "Af" <af-bounces+cstanners=gmail....@afmug.com> Date: Tue, 23 Sep 2014 00:53:27 +0000 To: af@afmug.com<af@afmug.com> ReplyTo: af@afmug.com Subject: [AFMUG] Exalt part 2 http://www.lightreading.com/mobile/backhaul/exclusive-microwave-maven-exalt-is-cooked/d/d-id/710995? Exclusive: Microwave Maven Exalt is Cooked News Analysis Dan Jones, Mobile Editor 9/22/2014 Comment (6)Login 50% 50% inShare2Microwave maven Exalt Communications appears to have shut up shop after 10 years in the backhaul business, Light Reading has learned. Industry sources say Exalt Communications Inc. has gone under. The company was started in 2004 by Western Multiplex president Amir Zoufonoun, who acted as CEO from the beginning, and was focused on selling microwave backhaul to mobile operators and wireless ISPs. (See Exalt Beams Up Microwaves and US Wireless ISPs: What's on Their Minds?) Multiple calls by Light Reading to the Campbell, Calif.-based company's main switchboard were sent straight to voicemail Monday afternoon. The customer care support line also goes to voicemail. "Their office doesn't seem to be open...doors closed and parking lot empty," says one source, who had heard the company may be undergoing a change of ownership. Pam Valentine, VP of outbound marketing at Exalt, meanwhile, is still listed on the website as the media contact for the company, but left this month, according to her LinkedIn profile. She has not responded to calls or an email from Light Reading as this article was published. -------------------------------------------------------------------------------- Hey, backhaul sounds like a fun business to be in doesn't it? Find out more by visiting Light Reading's dedicated backhaul channel. -------------------------------------------------------------------------------- The company's last update on its own LinkedIn page was 5 months ago and its last press release was issued on July 16. CEO Zoufonoun, however, is still currently listed as the head of the company on his LinkedIn profile. The company had raised almost $30 million in VC funding. The last $15 million series C round was closed in February 2009. On its website the company, which competes with the likes of Ceragon Networks Ltd. (Nasdaq: CRNT), DragonWave Inc. (AIM/Toronto: DWI; Nasdaq: DRWI) and Siklu Communications Ltd. among others, claims to have more than 2,000 customers globally, though it seems many of these may be enterprise customers and very small ISPs. (See Exalt Raises $15M.) We'll update the story with any further details that come in. — Dan Jones, Mobile Editor, Light Reading
