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Circadiant Systems Gets Funding from Intel Capital

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ALLENTOWN, Penn., Oct. 30 -- Circadiant Systems Inc., an optical networking testing equipment company, announced today it has secured an investment from Intel Capital. Circadiant announced on Sept. 10 that it received $10 million in second-round financing. The new capital will help the company accelerate the growth and deployment of its products and services. Testing equipment is one segment of the optical networking market expected to experience steady growth over the next three years. According to Frost & Sullivan, the optical testing market is currently estimated at $2.3 billion and...Read full article

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    Published: October 2001
    CommunicationsNews & Features

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