Pedestal Networks Names ADC Executive as its New CEO

Pedestal Networks, a start-up based in Fremont, California, named Greg Daily as its new CEO, replacing Dan Kohn, general partner of Skymoon Ventures, who served as the interim CEO during Pedestal's two-year product development phase. Daily previously served as general manager of ADC's $200 million Loop Transport Products division. Pedestal Networks developed a universal broadband solution designed to eliminate technical and economic barriers for DSL deployments. The company's first product is expected to be unveiled shortly.
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