Cambium Networks Appoints Atul Bhatnagar As President And Chief Executive Officer

Fri Feb 22, 2013 10:11am EST

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ROLLING MEADOWS, Ill.,  Feb. 22, 2013  /PRNewswire/ -- Cambium Networks, a
leading provider of IP wireless broadband access and transport solutions, today
announced the appointment of  Atul Bhatnagar, a distinguished executive with
transformational experience at growing technology businesses, as the company's
new president and chief executive officer (CEO). Bhatnagar will also join the
company's board of directors.  

Rob Amen, a managing director at Vector Capital and member of Cambium's board of
directors said, "Atul is a seasoned technology executive with unparalleled
strategic and operational leadership experience. We believe his industry
expertise, operational acumen and relentless dedication to innovation will allow
Cambium to accelerate growth and continue its long history of delivering the
industry's most novel products to the wireless broadband market. We are excited
to welcome Atul to Cambium and look forward to working with him."

Bhatnagar has extensive experience leading innovative high-growth global
wireless businesses and has an exceptional track record of accelerating new
product development. Bhatnagar spent more than four years as president and CEO
of Ixia Communications (NASDAQ: XXIA). At Ixia, he was responsible for the
development and execution of the company's wired and wireless convergence
strategy, which further solidified Ixia's position as a world leader in
converged IP services testing solutions. During his tenure at Ixia, Bhatnagar
doubled revenues to  $350 million  and increased the market value of Ixia from 
$400 million  to more than  $1 billion.

Earlier in his career, Bhatnagar worked for Divitas Networks, Nortel, HP and
Tektronix in a wide range of positions. Bhatnagar received his Bachelor of
Science in Electrical Engineering from Birla Institute of Technology and Science
and his Master of Science in Electrical Engineering from  University of New
Mexico.

"I'm excited to join Cambium Networks and humbled to be part of a legacy that
has transformed the wireless communications industry," said Bhatnagar. "Cambium
is uniquely positioned to take advantage of vast market opportunities and I look
forward to working with this talented team to continue to build upon the
company's momentum as a standalone entity."

Bhatnagar succeeds  Phil Bolt, who facilitated the spin-out of Cambium Networks
from Motorola Solutions. Bolt has been the company's president and chief
executive officer since the creation of Cambium Networks in 2011 and spent nine
years with the predecessors of Cambium Networks as vice-president of wireless
networks solutions at Motorola Solutions and CEO of Orthogon Systems. During his
tenure, Bolt oversaw the establishment of Cambium as a stand-alone entity,
strengthened the company's point-to-point and point-to-multipoint wireless
product portfolios and positioned the company to capitalize on opportunities in
the industrial communications, public safety and global service provider
markets. Bolt will continue to serve on Cambium's board of directors and will
assist with the leadership transition.  

Bolt commented, "With the divestiture from Motorola Solutions complete and the
establishment of Cambium as truly a stand-alone entity, I feel that now is a
good time for me to let go of my day-to-day responsibilities at the company.
Atul is a highly qualified executive with the right industry expertise,
leadership qualities and creative personality to further transform the company
and accelerate its growth. I'm excited about the future of Cambium and I look
forward to continuing to serve on the board of directors."

Amen said, "We want to thank Phil for his strong leadership as the CEO of
Cambium Networks over the past two years. The complex spin-out from Motorola
Solutions would simply not have been possible without Phil's hard work,
leadership and dedication to the company. We look forward to continuing our
relationship with Phil as a board member of Cambium Networks."

About Cambium Networks:
Cambium Networks is a leading provider of IP wireless broadband access and
transport solutions for Service Providers, enterprise customers, military,
government, and municipal networks around the world. It currently has more than
four million products deployed in thousands of networks in over 150 countries,
with its innovative technologies providing reliable, secure, cost-effective
connectivity that is easy to deploy and proven to deliver outstanding metrics.
Cambium's ecosystem of partners, development engineers, and support teams work
together to design and deliver innovative, forward-looking solutions that
provide data, voice and video connectivity when and where it's needed. For more
information, visit:  www.cambiumnetworks.com.

 

Media Contact:
Lisa Melsted
Bateman Group for Cambium Networks
Tel: +1 415 503-1818
Email:  cambium@bateman-group.com

SOURCE  Cambium Networks

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