Movaz sold to ADVA Optical Networking
<p><a href="http://www.bizjournals.com/search/bin/search?q=%22Movaz%20Networks%20Inc%22t=atlanta">Movaz Networks Inc.</a>, one of the most heavily-funded private companies in Georgia history, will be bought by a German company for $76 million -- substantially less than Movaz has raised in private equity since being founded in 2000. </p><p><a href="http://www.bizjournals.com/search/bin/search?q=%22ADVA%20Optical%20Networking%22t=atlanta">ADVA Optical Networking</a> will buy the Norcross maker of fiber-optic equipment for $6 million in cash plus about 6.5 million shares of ADVA common stock. The sale is expected to close in July. </p><p>ADVA (Pink Sheets: ADVOF) said a majority of Movaz's 150 employees will be integrated into ADVA's North American organization. The Norcross facilities will become an ADVA distribution and engineering site. </p><p>Movaz, which has raised at least $180 million in venture capital over its lifetime -- including a $20 million round during the first quarter this year -- was expected by many in Atlanta's tech community to go public in 2005. Investors include cable company Comcast Corp.'s venture capital fund, Menlo Ventures, Oak Investment Partners and others. </p><p>Movaz CEO Bijan Khosravi recently told trade magazine Light Reading that the first quarter venture deal would propel Movaz into a $100 million company. With 2003 revenue of $37.1 million, the company won an award in 2004 as having the fastest revenue growth of any Georgia-based proprietary technology company. </p><p>Movaz's customers include telecos, cable network providers, research and educational organizations and government agencies. </p><p>原文网址：<a href="http://www.bizjournals.com/atlanta/stories/2006/06/05/daily17.html">http://www.bizjournals.com/atlanta/stories/2006/06/05/daily17.html</a></p> 关于光纤网络的，不是很熟悉
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