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Routing start-up Hyperchip names CEO

Start-up Hyperchip named the former president and chief executive of Ericsson Canada as its first CEO. Brian Barry, a 20-year veteran of the telecommunications industry, will lead the Montreal, Canada-based company as it commercializes the product and expands into new markets, the company said in a statement. Hyperchip is in the process of developing a new network routing system that can carry traffic at "petabit" speeds, far greater than current systems that can process data at "gigabit" and "terabit" speeds. A gigabit represents speeds of 1,000 Megabits per second.

Start-up Hyperchip named the former president and chief executive of Ericsson Canada as its first CEO. Brian Barry, a 20-year veteran of the telecommunications industry, will lead the Montreal, Canada-based company as it commercializes the product and expands into new markets, the company said in a statement.

Hyperchip is in the process of developing a new network routing system that can carry traffic at "petabit" speeds, far greater than current systems that can process data at "gigabit" and "terabit" speeds. A gigabit represents speeds of 1,000 Megabits per second.