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Byline: Mike Angell
Henry Fiallo came to Cabletron Systems Inc. three years ago just to hook up the computers. Now he's shopping the company to investors.
The former chief information officer of Cabletron is the chief executive of its biggest unit, Enterasys Networks Inc. (See related story, page A4.) He's traveling through the U.S. to speak to mutual funds and investment bankers about Enterasys' upcoming debut on the New York Stock Exchange.
Enterasys will take Cabletron's place on the exchange next week. Cabletron will then cease to exist.
Cabletron -- along with companies like WellFleet, Synoptics, IBM Corp., AT&T Corp. and 3Com Corp. -- were once the leading sellers of gear to build computer networks. That is, until a start-up called Cisco Systems Inc. ate all their lunches.
But around 1998, Cabletron bought a small firm named Yago Systems. The Yago team and technology brought a new entrepreneurial spirit to Cabletron.
To focus better on the market, Cabletron decided to split into four separate units. Fiallo's unit is the latest to be spun out to shareholders.