What does CENX mean in NASDAQ Symbols?

CENX

CENX, provides interconnect services for the new generation of Ethernet-based backhaul networks. Awarded by multiple leading publications for its innovation, CENX’s Ethernet Backhaul Management Service aggregates and translates different Ethernet backhaul services from multiple access providers to all cell sites in a given market. CENX provides a normalized Carrier Ethernet handoff to a given wireless provider enabling ubiquitous 4G-LTE Ethernet backhaul coverage to all cell sites in that market. CENX manages the entire circuit life cycle, yielding better quality of service, reduced CapEx and a level of monitoring of Ethernet Backhaul service traffic that has not been feasible previously. CENX’s investors include its management and a number of leading firms, including DCM (whose co-founder, Dixon Doll, is the Chairman of the CENX Board of Directors), Highland Capital Partners and Mesirow Financial. Through its work in the MEF (Metro Ethernet Forum) and in the industry, the CENX management team has played a critical role in the definition of standards and the development of the Carrier Ethernet market over the past ten years.

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