Application performance vendor Ipanema Technologies has named Riverbed SVP Jim Darragh as its new CEO.
Darragh – who was CEO of Zeus Technology, when it was sold to Riverbed (NASDAQ:RVBD) in 2011 – has been tasked with aggressively pushing Ipanema in the WAN Optimisation Controllers (WOC) and Services (WOS) markets.
The firm describes him as being “expertly aware of the market in which Ipanema operates” and “understands the current shift in the marketplace towards WOS”.
“This sector is set for explosive growth in the coming years and I’m thrilled to have the opportunity to be at the helm of a company that can capitalise on this,” says Darragh. “Ipanema Technologies offers the perfect antidote to everyone currently under pressure to operate, deliver and control networks cost effectively in what is an increasingly complex environment with more and more applications being added daily.”
Darragh continues, “There are four things that attracted me to Ipanema Technologies – customers, technology, the market, and the people. Ipanema works with an impressive list of big, global brand names; the technology is cutting-edge and there’s a culture of innovation that I believe will keep it that way, the market is ripe for the picking and the people are passionate and committed.
“This is a mix that I can work with and I’m confident that I can take Ipanema Technologies to the next level.”
Jean-Yves Leclerc, executive chairman at Ipanema Technologies, adds that “Darragh’s previous leadership has been visionary and this is exactly what we need.
“The challenge for Ipanema Technologies now is to be part of every business IT consideration; that’s the kind of attention our technology warrants. It’s not every day that you meet someone who understands our market and has the leadership and operational skills to make something happen; Darragh is that man.”
