Industry veteran Bob Jones is planing to re-enter the IT market by establishing another UK startup which will reunite a number of ex-Sonix employees.
Jones, who founded Sonix in 1992 - later sold to 3Com in 1995 for #43 million - officially launched Equiinet to the industry on 23 April. He remains industry specialist at Schroders Ventures.
According to Nick Morse, business development director at ACC and previous Sonix employee, Jones has been developing products for the last two years.
He said: 'I understand that products are ready at this time.'
He added that John Summers, former technical director at Sonix, is now MD and Andrew Hurdle has been appointed business development director.
Jones confirmed that he was involved in another venture with a number of ex-Sonix employees: 'A couple of companies will be spun out of Sonix and both will eventually succeed,' he said. Jones is Equiinet chairman.
Bernie Wheaton, business development manager at Logitek, who was present at the launch along with other distributors DMST and Data Connectivity, said: 'We are always interested in what Bob develops, but are having a meeting to discuss finance and sales strategy.'
During the 1980s, Jones set up communications companies Steebek Systems and Mayze Systems which sold for #4 million and #6 million respectively.
Chief exec Jens Montanana claims Logicalis performed well despite 'currency headwinds'
All the photos from last night's event, which saw over 600 people congregate at the Hilton London Bankside
Five year deal with Essex NHS Trust will cover 400 sites, including hospitals, clinics and GP practices
18 individuals and three companies walked away as winners at CRN's inaugural Women in Channel Awards last night