Local Tech Wire
RESEARCH TRIANGLE PARK, N.C. – is pulling the plug on its operations in RTP as part of a reorganization.
Some 190 people work in RTP for the company, which moved its corporate headquarters to Santa Clara, Calif. in June.
Aviat (Nasdaq: AVNW), formerly known as Harris Stratex Networks, announced the closure Wednesday after the markets closed.
A “majority” of the RTP workers will be affected by the shutdown as work is shifted to other locations during a six-month transition, the company said. The consolidation will save the firm between $30-35 million a year, Aviat said.
Aviat’s network operations center, IT, network and applications support and financial operations will be moved to California. Some engineering responsibilities will be moved to New Zealand and Slovenia.
Aviat changed its name in January, and the company moved into a new 128,000 square foot facility in Santa Clara in June,
"Over the last 20 years, Aviat Networks has built a solid reputation in Silicon Valley as a leader of high quality and innovative mobile wireless solutions,” said former Aviat Chief Executive Officer Harald Braun in a statement at the time.
“As a leading hub for research, cutting edge technology and investment, we believe this is the best place to relocate our headquarters," he added.
Aviat focuses on wireless networks and technology such as WiMAX and LTE for use in wireless 4G broadband.
Chuck Kissner, the firm’s chairman, later replaced Braun in June as CEO after Braun resigned. Aviat did not disclose why Braun left the company.
Kissner was CEO of Stratex Networks from 1995 to 2000 and 2001 through 2006.
"The closing of the RTP facility is an extension of Aviat Networks’ restructuring plan aimed at reducing costs, streamlining operations, and optimizing the company’s business model," Kissner said in a statement Wednesday.
"The board and management team continue to move quickly and decisively to implement the key actions of our restructuring plan. As we continue to roll out the plan, we expect to build a solid platform to restore profitability and drive revenue growth going forward," he added.
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