Infinera (Nasdaq: INFN) has promoted Deryck Robinson as its new Vice President of Subsea Sales in an effort to capitalize in ongoing SLTE (Submarine Line Terminal Equipment) growth.
Robinson will lead a team inside Infinera focused on expanding Infinera's business in the growing subsea networking segment. Prior to taking on his new role, Robinson has served as a Senior Sales Director, a position he held since joining the company in 2006, where he helped drive Infinera's position in the North American long-haul optical equipment market.
Infinera is no stranger to the subsea network market. In addition to being deployed in various subsea networks in the Atlantic, between North and South America, and in the Indian Ocean regions, Infinera won a subsea network contract from MedNautilus, a division of Telecom Italia for its DTN-based SLTE equipment in February.
Overall, the submarine network market continues to enjoy an ongoing renaissance. Buoyed by projects such as APCN2, MedNautilus, and the European to India Gateway (EIG) consortium network projects, a recent Ovum report forecasts the submarine market to be worth about $891 million this year, up 15 percent from 2010.
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- see the release
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