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Katana Becomes Virtual Iron

Its all change at data center startup Katana Technology Inc., which has changed its name to Virtual Iron Software Inc. and hired a new CEO as it prepares to launch its first product.

Virtual Iron is hoping to make its name in the growing market for data center virtualization products. The Acton, Mass.-based firm is pinning its future on a software technology that creates virtual servers from any number of physical servers.

But what was wrong with Katana? “We came up with a better name,” is the simple explanation from the company’s new president and CEO John C.Thibault, who has taken the reins from founder Scott Davis. Prior to joining Virtual Iron, Thibault was CEO of GeoTel Communications Corp., which was snapped up by Cisco Systems Inc. (Nasdaq: CSCO) in a $2 billion deal back in 1999.

Davis will remain with the company as CTO and executive vice president of strategy.

At this stage, company execs are unwilling to give away too much detail about Virtual Iron's software other than that it's built around open standards.

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