A View on View :: Meriton Networks: Start-up in the Sweet Spot

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Meriton Networks: Start-up in the Sweet Spot

by Mark Evans on Thu 30 Jun 2005 09:40 PM EDT | Permanent Link

It's nice to be in the right place at the right time - just ask Meriton Networks, which may reap the benefits of the metro WDM market's 60% growth over the next three years. According to Infonetics Research, metro WDM equipment sales will jump to $7.4-billion in 2008 from $4.6-billion this year. The other parts of the optical market will account for only $2.4-billion of the $10-billion market in 2008. Merito, which won part of BT's NGN contract through a partnership with Fujitsu, recently raised $54-million in a third round of private equity. How long do you think it will be before Meriton is snapped up? Nortel has some major R&D facilities in Meriton's backyard so you never know, right?

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