You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live



▼  9th Inning 2 outs

Marlin Equity Partners launches Sycamore Networks Solutions

Marlin Equity Partners, a global private investment firm, has launched a new privately held company following the completion of its $18.75 million purchase of the bandwidth management product and service business from Sycamore Networks Inc. of Chelmsford.

The new company will be called Sycamore Networks Solutions Inc., and it will be headed by John Scully, who previously served as vice president of worldwide sales and support for Sycamore Networks Inc., the new company said in a Friday press release.

Continue reading below

Last fall, Sycamore Networks Inc. disclosed plans to wind down its operations. A Globe story from October noted that during the telecommunications boom of the late 1990s, Sycamore was one of the state’s hottest companies. Its cofounders were high-profile entrepreneurs Dan Smith and Desh Deshpande.

In a Friday press release, Sycamore Networks Inc. said that a Jan. 29 stockholders meeting authorized the previously announced sale of the bandwidth business. At the meeting, the stockholders also approved the dissolution of the company following the asset sale and adopted a plan of complete liquidation and dissolution.

Chris Reidy can be reached at
Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of