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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
TechCloud Computing

Exclusive: Former HPE Executive Named CEO of This Cloud Company

Barb Darrow
By
Barb Darrow
Barb Darrow
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Barb Darrow
By
Barb Darrow
Barb Darrow
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October 9, 2017, 7:46 PM ET

Saar Gillai, a former Hewlett-Packard Enterprise senior vice president, is now CEO of Teridion, an Israeli-American cloud-based networking company.

Teridion, with offices in San Francisco and Israel, claims to create “fast lanes” that move content between software cloud providers, like Box (BOX) and Egnyte, and their users.

The four-year-old company puts its software on rented servers in Amazon (AMZN) Web Services, IBM (IBM) SoftLayer, Microsoft (MSFT) Azure, and Google (GOOG) Cloud Platform. There it acts as a traffic cop for data that needs to move. Teridion’s technology finds the best way to route data, Gillai tells Fortune.

“We map the Internet in real time and change routes on the fly, so if there’s an outage in one area, we route around it,” he said.

Related: Welcome to the Era of Data Center Consolidation

Gillai has a lot of experience in networking. He was at Cisco (CSCO) from 1998 to 2005 before joining 3Com, a Cisco rival that was acquired by pre-split Hewlett Packard in 2010. As senior vice president, he helped lead HP’s cloud computing effort for two years. Then in 2014, when HP split into HP Inc., (HPQ) and HPE (HPE), he went with HPE where he remained until last year.

As CEO, Gillai succeeds Chris Keene, who held that position for a year.

Get Data Sheet, Fortune’s daily tech newsletter.

“Saar Gillai is well respected in both the cloud and networking worlds,” Teridion chairman Ronnie Kenneth said in a statement. “He brings more than 20 years of building innovative and successful businesses.”

 

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