Uncategorized Enablence is now flush Howard Solomon @HowardITWC Published: May 12th, 2009Taking advantage of seemingly bouyant markets, an Ottawa makerof components for network equipment makers and service providers, hasraised another $13.8 million on the Toronto Venture Exchange. It wasthe fourth time Enablence Technologies has gone to the market for moneyin the company’s history, and comes after its purchase in November of Panaway Networks pushed it into the red.The company, headed by president and CEO Arvind Chhatbar, said it willuse the the net proceeds for working capital to strengthen its balancesheet, expand product lines, vertical integration and for generalcorporate, research and development, and marketing activities.Enablence’s latest products are a 40 Gbps tunable optical dispersioncompensator (TODC), a multicast switch, a high speed DWDM forTransmitter/Receiver Optical Sub-Assembly (TOSA/ROSA), and a photodiodechip with integrated bandpass filter.Would you recommend this article?00 Thanks for taking the time to let us know what you think of this article! We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →Jim Love, Chief Content Officer, IT World Canada Related Download Sponsor: Carbon60 Moving to the Cloud: Beyond the Myths Get on the road to cloud success by moving past the myths around it. Register Now Uncategorized