socalTECH

SEPTEMBER 6, 2018

DataDirect Networks , which develops high performance data storage for the enterprise and high-performance-computing (HPC) market, has completed its acquisition of Tintri , the bankrupt flash data storage developer. DDN--which has major operations in Chatsworth, but calls Santa Clara its headquarters--said it paid $60M for Tintri.

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Acquisition Chatsworth Networking Custom 100

socalTECH

DECEMBER 8, 2015

Chatsworth-based MRV Communications , which designs and manufactures optical networking equipment, said late Monday afternoon that it has closed its sale of Tecnonet S.p.A. Its Italian subsidiary provided network integration services. MRV said the sale will let it focus all of its energy on its network equipment business.

Chatsworth 100

Chatsworth Networking Sales Design 100

socalTECH

OCTOBER 27, 2010

Chatsworth-based MRV Communications said late Tuesday evening that it has sold its Source Photonics unit to private equity firm Francisco Partners. MRV said the move is part of its "strategic shift" away from fiber optic components, and into optical networking products, services, and solutions.

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Chatsworth Equity Acquisition Networking 124