The Siemens Communications Group will acquire Chantry Networks, a Boston-based start-up that provides secure integrated mobility management solutions for WLANs. Financial terms were not disclosed. Unlike traditional Layer 2 switch-based offerings, Chantry Networks' BeaconWorks provides wireless connectivity directly over IP. Intelligent wireless subnets enable differentiated provisioning and policing between different types of user groups, over one physical network.
The Chantry architecture is ready for later integration of WiMAX, and the access points are designed in such a way that devices from different third-party manufacturers can be integrated.
Siemens said the acquisition would expand its expertise within the HiPath portfolio to the rapidly growing WLAN market. http://www.chantrynetworks.comhttp://www.siemens.com/hipath
- Founded in April of 2002, Chantry Networks is headquartered in Boston with product development center in Toronto and offices in Chicago, Denver, New York, San Francisco and Washington, D.C. and has more than 70 employees.
- Investors in Chantry Networks include Flagship Ventures, Primaxis Technology Ventures, Venture Coaches/Skypoint Capital, Ventures West and Siemens Venture Capital.
- Chantry Networks is headed by Peter N. Vicars, who previously served as President and CEO of Cayman Systems, a provider of broadband access solutions. The company was co-founded by Brian Collie, formerly Vice President and General Manager of Nortel Networks' Wireless LAN & PAN Division, and Robert Myers, who previously was Senior Product Architect for Nortel Networks' Dial Access product line.
