Juniper Hires Former ISS Researcher
Former Internet Security Systems Inc. researcher Michael Lynn has landed at networking vendor Juniper Networks Inc. Sunnyvale, Calif.-based Juniper confirmed Lynn's hiring for the undisclosed job just months after he created an international stir at July's Black Hat USA conference by disclosing information about security weaknesses in Cisco Systems Inc. routers. Lynn was forced to quit his ISS job in order to give the presentation.
Investment Firm to Acquire CRM Vendor
Investment firm Francisco Partners Management LLC in Menlo Park, Calif., has agreed to acquire all of CRM software maker FrontRange Ltd.'s outstanding shares. South Africa-based Front-Range valued the deal, expected to close within 90 days, at about $200 million. Under its new ownership, Front-Range plans to continue seeking growth in the midmarket, said CEO Michael McCloskey.
Former Oracle Exec Named Liberty CEO
Greg Maffei, whose resignation as Oracle Corp.'s chief financial officer was disclosed earlier this month, will soon become the CEO of Liberty Media Corp., an Englewood, Colo.-based investment company. The longtime Microsoft Corp. executive was CEO of 360networks Corp. in Seattle for five years before joining Oracle.
CEO Pledges More Palm OS Products
Palm Inc. President and CEO Ed Colligan has penned a letter to Palm's developer community promising to continue releasing Palm OS personal digital assistants and smart phones. There has been unrest among Palm developers over fears that the company's forthcoming Windows Mobile-based Treo smart phone indicated waning support for Palm OS.