Redback racks up wins
I'll be the first one to admit that I thought Redback Networks was a goner. But thanks to U.S. bankruptcy laws, the company could be on the comeback trail.
Redback filed for bankruptcy protection in November 2003 and emerged in January 2004 having wiped out about $467 million in debt.
Now the Silicon Valley broadband networking gear maker has been announcing contracts left and right. On Wednesday, it announced a deal with Bosnia Herzegovina Telecom to build out its next generation broadband network. Earlier this week it announced Turk Telekom in Turkey would be using its SmartEdge gear … Read more