Telecom Lead America: Meru Networks, a provider of
virtualized 802.11 enterprise wireless networking, has appointed Bami Bastani,
as president and CEO.
Bastani will focus on virtualized wireless LAN solutions
technology leadership, revenue growth, global expansion. Development of a
high-performance, knowledge-based organization that is optimized to capture a
large share of the multi-billion dollar wireless networking market will also be
a focus area.
The wireless LAN market is expected to grow at a CAGR of
36 percent over the period of 2011-2014.
“Bastani was chosen for his distinguished track
record of executive leadership in both public and private companies as well as
his proven ability to build highly effective organizations. Bastani has
demonstrated an ability to drive shareholder value in competitive market
segments and he brings experience driving technology excellence and global
growth,” said Barry A. Newman, vice chairman of the board of directors and
member of the CEO search team.
Bastani has served as the president and CEO as well as in
board of director positions in the mobility, consumer, and broadband markets.
These include president and CEO roles at Trident Microsystems and Anadigics.
Bastani also served in executive positions Fujitsu
Microelectronics, National Semiconductor and Intel.
“Meru’s differentiated Virtual Cell single channel
wireless technologies provide simple and effective solutions where ease of
installation and operation, reliability, scalability, density, and quality of
service challenges of BYOD (bring your own device) must be met head on now.
This is the opportunity that I aim to capitalize on for Meru shareholders,
employees and partners,” Bastani said.
Meru Networks and Wavelink to expand team to address Australian
Recently, Meru Networks and Wavelink, its Australian
distributor, said that they will expand its team in Australia to address
growing demands of enterprises. Meru will add a team of technical sales
professionals including territory account managers and sales engineers.
The expansion will enable Meru Networks to focus on
target markets including education, healthcare, enterprise, government and