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Nextiraone Company

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BUSINESS
July 4, 2002 | JAMES S. GRANELLI, TIMES STAFF WRITER
In a telecom industry clogged with familiar names, little-known Los Angeles financier Tom T. Gores is emerging as a strong candidate to buy the core fiber-optic network business of Global Crossing Ltd.--if the process doesn't wear him out first.
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BUSINESS
April 22, 2003 | James S. Granelli
Platinum Equity, a private Los Angeles buyout firm headed by financier Tom Gores, said telecommunications veteran Michael S. Ruley has been hired as president and chief executive of its telecom subsidiary, NextiraOne. Ruley, 43, a former president of market sales at XO Communications Inc., succeeds Robert J. Wentworth, a Platinum executive who helped form NextiraOne in 2001. Wentworth will resume his Platinum post as executive vice president for strategic investments.
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BUSINESS
April 22, 2003 | James S. Granelli
Platinum Equity, a private Los Angeles buyout firm headed by financier Tom Gores, said telecommunications veteran Michael S. Ruley has been hired as president and chief executive of its telecom subsidiary, NextiraOne. Ruley, 43, a former president of market sales at XO Communications Inc., succeeds Robert J. Wentworth, a Platinum executive who helped form NextiraOne in 2001. Wentworth will resume his Platinum post as executive vice president for strategic investments.
BUSINESS
July 4, 2002 | JAMES S. GRANELLI, TIMES STAFF WRITER
In a telecom industry clogged with familiar names, little-known Los Angeles financier Tom T. Gores is emerging as a strong candidate to buy the core fiber-optic network business of Global Crossing Ltd.--if the process doesn't wear him out first.
BUSINESS
January 16, 2002 | Bloomberg News
Platinum Equity, a Los Angeles buyout firm, agreed to buy French phone giant Alcatel's telecommunications services unit. Terms weren't disclosed. The acquisition is Platinum's largest in Europe. The Alcatel division, which advises and equips companies looking to set up telephone networks, has 6,500 employees and 400,000 customers in Europe, and had revenue of $1.3 billion last year.
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