Update: Here's what's going on with Myrio

UPDATE: As promised, I spoke with Myrio’s VP of Home Entertainment, Kevin Kosche today about the rumored staff hemorrhaging at the recently acquired middleware company. Kosche assured me the loss was an inconsequential percentage, which should be expected after a 465,000 employee-large company like Siemens acquires a start-up with a staff of 75 people. The die-hard entrepreneurs never stay following an acquisition, but in all fairness Kosche did not provide a specific number. Instead, he pointed to a particularly trying time in Myrio’s history—following the “dot-splat” at the turn of the century. Myrio had about 110 employees at the time of the Bubble, but following the crash had to strip down to 45 staffers and transition to a middleware-only business (used to be an end-to-end company). Forty of those 45 employees stayed with the company until the acquisition and a great majority is still with the company today. So, fears allayed? You tell me who left the company that's worth mentioning? Original post: After a long chat with a Tier 3 telco president, who extolled Siemens for getting on the right track by acquiring Myrio and discontinuing their fixed-line telephony products, within the SURPASS group, a dear friend in the industry told me Myrio is bleeding. They are apparently losing people left and right, his word was "crumbling." Despite those claims, the middleware vendor has had a few good months: ABI just named Siemens-Myrio as the top middleware vendor in the space (over Microsoft) using their vendor matrix analysis tool. I wonder if that takes into account whether employees are jumping ship? Acquisition fall-out or signs of a larger problem? Please feel free to comment on this--I'd like more clarification. I'll ask Siemens about it today.

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