Now that ABRY Partners has completed its acquisition of RCN, it has rechristened the former RCN Metro Optical Networks as Sidera Networks.
Leading the Sidera management team will be Michael Sicoli, who was appointed as the company's CEO as part of a newly reorganized company that divided RCN's residential and business services segments as two standalone businesses.
ABRY Partners did not have to look too far to find Sicoli. Since 2005, Sicoli served as RCN Corp.'s Chief Financial Officer, where he was one of the major executives that helped take RCN private this year.
While the company may be run by a new leader and name, Sidera, which is the Latin word for a constellation of stars, the company will continue build off the foundation that RCN Metro created for data, Ethernet, optical and video transport services for business customers.
Along with Sicoli, the rest of Sidera's management consists of many RCN Metro and residential veterans. Joining Sicoli is Ed O'Hara, who previously served as CFO Residential and Business Services segment of RCN Corp., as CFO in addition to Felipe Alvarez, President and COO, Paul Eskildsen, General Counsel, Patrick O'Hare, VP Engineering and Operations, and Maura Mahoney, VP Sales and Marketing.
For more:
- see the release here
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