Managing Principal and President
Mr. Hassett has overall responsibility for the management of Little Harbor Advisors.
Mr. Hassett is best known as the founder of three technology companies: Multilink, AT/Comm and Vialog. Multilink introduced the first full-duplex conferencing bridge in 1983, paving the way for the emergence of conference calling as a business norm today. Multilink was acquired by PictureTel Corporation to form what was then the largest teleconferencing systems company in the world. AT/Comm pioneered the use of microwave for electronic toll collection and other transportation uses, installing the largest such system in use at the time on the Illinois Tollway in 1993 and later in many other locations in the U.S. and overseas. Mr. Hassett holds seven important patents in microwave systems for this area, and the firm and technology was acquired by a then division of Scientific Applications International Corporation in 1997, consolidating the industry and later establishing EZ-Pass and other interstate electronic toll systems.
In 1997, Mr. Hassett led the consolidation of nine privately owned conference services companies to form Vialog Corporation, which went public in 1999 and was acquired by a French firm in 2002 for a substantial multiple of its then trading price. Vialog became the subject of a Harvard Business School case, based on its unique financing and the successful integration of so many companies in such a short period. Mr. Hassett is responsible for numerous licensing agreements, M&A transactions, private and public equity and debt financing, and business restructurings, and has in-depth experience in corporate finance, business integration, and strategic planning.