PictureTel names Bond as new chief executive

PictureTel names Bond as new chief executive

Videoconferencing developer PictureTel has tapped Bruce Bond as president and CEO, effective March 1. Bond replaces Dr. Norman Gaut, who will continue to serve as chairman. Bond previously was CEO at ANS, America Online's networking subsidiary that was recently sold to WorldCom.

In other PictureTel news, the Andover, MA-based firm has signed a joint development and marketing agreement with networking firm Fore Systems to develop standards-based LAN videoconferencing over ATM networks. Under the terms of the deal, Fore will develop ATM interfaces for PictureTel's family of LAN-based, H.323 videoconferencing client and server products. The addition of ATM network interfaces to the product family will enhance the quality, reliability, and performance of LAN-based videoconferencing over ATM networks, according to the firm.

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