Enterasys India chief quits
By siliconindia   |   Wednesday, 05 November 2003, 20:30 IST
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BANGALORE: Enterasys Networks India country manager Uday Birje has resigned from the company. Citing "personal reasons" for leaving, Birje said he had a few options for the future and would make an announcement on the same soon. Birje, who played a leading role in Enterasys’ Indian operations since 1992, declined to comment on reports that the company's restructuring process in India had run into stormy seas or that it was downsizing its sales team in India . Enterasys was working on revamping its sales and marketing teams from March this year, and raised its focus on network security products when it released its Intrusion Detection System Dragon 6 range. Earlier, industry sources said that the company’s WLAN and network security products lacked enough visibility and were unable to instil confidence in a still volatile market, though Birje denied the same. “Enterasys put undue pressure on its top management through large-scale restructuring without factoring in market realities, and this was reflecting on its bottomline,” the source added. $300-million Enterasys Networks, which merged with Cabletron Systems in March 2000, announced Q3 net revenues of $98.4 million, compared with net revenues of $108.4 million for the second quarter of 2003, with net loss for the quarter ending September 27 at $56.1 million. A leader in the enterprise networking area, the company has worked at further building up its LAN market competencies through a series of restructuring measures at the sales and marketing levels over the last eight months. Late last year, Enterasys delayed announcing its fourth quarter and 2001 year-end financial results so it could review some sales and revenue recognition practices in its Asia-Pacific business. The Asia-Pacific region has historically represented 13 per cent — about $25 million to $30 million a quarter — of Enterasys’ revenues. (Source: Economic Times)

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