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MaXXan Seeks CEO - and Sales

MaXXan Systems Inc. is searching for a CEO as the market for intelligent switches is finally forming.

The next few months will be pivotal for MaXXan, which has already outlived several intelligent-switch startups and now faces the established players. Founder and interim CEO Ray Kao is looking for a permanent replacement for Vic Mahadevan, who left in January after a bit more than three years in the chief's chair (see MaXXan Snags $20M, Hires CEO).

Brocade Communications Systems Inc. (Nasdaq: BRCD) and Cisco Systems Inc. (Nasdaq: CSCO) are preparing to bring out intelligent switches in support of the Invista virtualization product from EMC Corp. (NYSE: EMC). Thanks to Invista, industry insiders suspect the window of opportunity is rapidly closing for startup intelligent-switch vendors (see EMC Unveils Invista).

Kao, though, says the window is just opening, thanks to the attention the segment received from EMCs entry. Even if Kao’s correct, MaXXan needs to take advantage quickly.

The official word from MaXXan is that Mahadevan left to pursue other interests, but sources say the board wanted a change, in the wake of disappointing sales. Kao, who founded the company in 2000, says the next CEO will be expected to significantly bump up revenues.

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