CableLabs has rebranded its three-year-old for-profit, security-focused spin-off subsidiary, NetworkFX, into the more broadly skewing "Kyrio."
"Since 2012, Kyrio has expanded into additional service offerings. In addition to managed PKI security services, Kyrio provides the Go2Broadband service, wi-fi testing services, and piloting a wi-fi roaming hub service with wi-fi network providers," said Mitchell Ashley, president and general manager of Kyrio.
"The driving strategy of Kyrio is to expand the impact of technologies created at CableLabs, beyond the well proven technology transfer model that's made CableLabs a successful global cable industry R&D organization," he added.
As for the name, he added: "The origin of Kyrio comes from the Greek word kyrios meaning 'lord' or 'master,' representing the deep technology heritage and skills of the people at Kyrio and our collective industries. Our name also embodies the curiousness that drives us to bring new technologies and services to market."
CableLabs launched the Louisville, Colo., unit after the cable industry consortium worked for the previous 12 years to issue and manage more than 200 million digital PKI certificates ensuring secure broadband connections for networked devices.
The Kyrio rebrand comes after CableLabs confirmed that it will lay off 27 staffers as it refocuses on what it terms "innovation projects" and "game-changing initiatives."
"The freed up headcount will be allocated to innovation where we will open a significant number of new hire positions with a range of skills sets needed for us to build out and sustain our innovation pipeline," CableLabs CEO Phil McKinney told FierceCable last month. "The total funding to CableLabs is not affected. This is a reallocation of resources as we increase the priority of longer range innovation."
For more:
- read this CableLabs blog post
- read this Multichannel News story
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