AKAMAI ACQUIRES INTERVU FOR $2.8 BILLION, EXPANDING STREAMING NETWORK 
Akamai Technologies will acquire INTERVU, a pioneer in the quickly expanding content streaming business, for $2.8 billion in stock.  INTERVU delivers live and on-demand audio and video streaming over the Internet.  Its customers include CNET, CNN, Excite@Home, House of Blues, Investor Broadcast Network, Microsoft, MSNBC, NBC, NetRadio.com, Quokka Sports, Saatchi & Saatchi, Tunes.com and Turner Broadcasting.  Together Akamai and INTERVU have more than 3,000 servers in 100 networks across 40 countries.   http://www.intervu.net/coinfo_pressrel4.html  http://www.akamai.com
Akamai Technologies, February 7, 2000

LOUDCLUD SETS COURSE FOR WEB SITE SCALABILITY
Loudcloud, the start-up formed by Netscape co-founder Marc Andreessen and partners, unveiled plans to offer highly reliable and scalable web site infrastructure software and operations.  The “Smart Cloud” services, which includes software, hardware and web operations infrastructure, will leverage automation technology for capacity scaling, system configuration, provisioning, versioning, and monitoring of high-volume Web sites.  LoudCloud has formed partnerships with Sun Microsystems, Hewlett-Packard., Exodus., GlobalCenter, EMC, iPlanet and Oracle.  The company has $68 million in funding from Benchmark Capital and Morgan Stanley Dean Witter.  http://www.loudcloud.com/
LoudCloud, February 7, 2000

LUCENT TO ACQUIRE ORTEL FOR CATV OPTOELECTRONIC COMPONENTS
Lucent Technologies' Microelectronics Group will acquire Ortel Corporation, a developer of optoelectronic components for cable TV networks, for approximately $2.95 billion in stock. Ortel's product line includes 10 Gbps digital receivers and lasers, 1310nm and 1550nm lasers, transmitter engines, photodiodes, DWDM lasers, fiber optic links for satellite communications and wideband transceivers and modules.  The company supplies its components to General Instrument, Antec and other major CATV equipment manufacturers.  Ortel is based in Alhambra, CA.  http://www.lucent.com/press/0200/000207.mea.html
http://www.ortel.com
Lucent Technologies, February 7, 2000

EMC INTRODUCES STORAGE-BASED REMOTE DATA REPLICATION OVER IP
EMC will integrate IP support into its data replication and information protection software, called SRDF (Symmetrix Remote Data Facility).  The SRDF Over IP support aims to simplify and reduce the cost of replicating files, databases and applications between geographically separated EMC Symmetrix Enterprise Storage systems, compared to data mirroring using dedicated T1, T3 or ATM networks.  http://www.emc.com/news/press_releases/2000/feb7a-00.htm
EMC, February 7, 2000

GTS TO LIGHT NEW FIBERS WITH CIENA'S DWDM, BRING EUROPEAN NET TO 1 TBPS
Global TeleSystems will light additional fiber pairs across its European cross-border backbone during Q2, increasing the currently operational 100 Gbps network by up to 960 Gbps of aggregate capacity.  GTS is deploying CIENA 96 wavelength, 10 Gbps-capable MultiWave CoreStream system.   http://www.gtsgroup.com/news/news_archive/2000/2ndfibrepair.htm
GTS, February 7, 2000

CISCO ANNOUNCES ITS VOFDM-BASED WIRELESS CARRIER TRIAL WITH NUCENTRIX
Nucentrix Broadband Networks, which holds Multichannel Multipoint Distribution Service (MMDS) spectrum licenses in markets across the US, will begin testing Cisco Systems' Vector Orthogonal Frequency Division Multiplexing (VOFDM) technology for offering wireless broadband Internet access.  The first trial will be conducted in Austin, Texas beginning in April.  http://www.cisco.com/warp/public/146/pressroom/2000/feb00/sp_020400.htm
Cisco Systems, February 7, 2000

Vector Orthogonal Frequency Division Multiplexing (VOFDM) provides a mechanism for reassembling MMDS signals at a receiving site. The technology is designed to support data rates of 50 Mbps while overcoming line-of-sight issues.

Last October, Cisco Systems and ten other technology companies formed a wireless standards coalition to standardize a Media Access Control (MAC) and a VOFDM Physical Layer specification for broadband wireless services.  Cisco gained VOFDM technology through its acquisition of Clarity Wireless in September 1998.

AANETCOM'S OCTALPHY AIMS TO REPLACE PARALLEL BACKPLANES OF ROUTERS/SWITCHES
AANetcom, a start-up based in San Jose, California announced an "OctalPHY" chip designed to boost the bandwidth of routers and switches by replacing parallel backplane designs with high-speed serial links.  AANetcom said that unlike the conventional method of using parallel busses and backplanes, its high-speed serial links would scale over multiple generations as improving process technology allows increased baud rates.  The approach enables the integration of large numbers of serial I/O ports with millions of gates of logic.  The AANetcom device can convert a 160 bit wide parallel backplane operating at 125 MHz into sixteen differential pair serial connections each operating up to 1.56 Gbps.  The company is funded by Cisco Systems and Safeguard Scientifics.  http://www.aanetcom.com/frproducts.html
AANetcom, February 7, 2000

COSINE LANDS MULTIMILLION ORDER FROM QWEST
Qwest placed a multi-million dollar purchase order for CoSine Communications' IP Service Delivery platforms.  CoSine's platform can be used to create a service-processing layer between the access concentration edge of service provider networks and their high-speed cores, enabling valued-added Virtual Private Networks (VPN) services.  CoSine's product includes an IPSX 9000 service processing switch with a 22 Gbps midplane (11 Gbps with protection), hot- swappable Services Blades, automatic failover and redundant power systems. Each CoSine Processor Blade includes multiple RISC-based CPUs and built-in memory to power future services. Services planned for the IPSX 9000 include IPSec (dedicated and dial), Layer 2 Tunneling Protocol (L2TP), Point-to-Point Protocol (PPTP), application proxy firewall, key management, bandwidth management, packet filtering, MPLS and Network Address Translation (NAT). The platform connects to enterprise routers via Frame Relay or private- line connections; uplinks to the service provider's core routers and switches use 10/100 Ethernet, DS-3, OC-3c ATM or OC-3c Packet-Over-SONET links.  http://www.cosinecom.com
CoSine Communications, February 7, 2000

AFC AND MARCONI SIGN DISTRIBUTION PACT, SETTLE SUIT
Marconi Communications agreed to distribute Advanced Fibre Communications' UMC1000 Multi Service Access Platform in various countries throughout Asia, Europe and Africa under a three-year agreement valued at $110 million.  The pact and a cash payment of $32.75 million by Marconi settle a lawsuit brought by AFC against RELTEC, which has since been acquired by Marconi.  http://www.afc.com/
AFC, February 7, 2000

LIGHTWAVE RAISES $49 MILLION FOR OPTICAL CHIPS
Lightwave Microsystems of San Jose, California secured a fourth round of financing totaling $48 million for its development of planar lightwave circuits for DWDM systems.  Lightwave combines silica and polymer waveguide technology in its planar lightwave circuits to produce passive and active components.  http://www.lightwavemicro.com/
Lightwave Microsystems, February 7, 2000

ENNOVATE RECEIVES $59 MILLION IN NEW FUNDING FOR ITS IP SERVICE PROVISIONING
Ennovate Networks, a start-up based in Boxborough, Mass., received $59 million in mezzanine funding, bring total investment in the company to $81.5 million.  The new funding came from Lehman Brothers Venture Partners and Pequot Capital Management and included investments from Kohlberg, Kravis, Roberts & Co., Tudor Investments, The Sprout Group, Marquette Venture Partners and

Spectrum Equity Investors.  Ennovate also received investments from two key strategic partners: PSINet, the Internet super carrier; and Enron Ventures.  http://www.ennovatenetworks.com/press/release/00_02_07.htm
Ennovate Networks, February 7, 2000

In December, Ennovate announced that PSINet would deploy its Envoy 1600 IP Services Switch as its next-generation edge platform. 

RAPID5 NETWORKS RAISES $17 MILLION FOR CONVERGENCE SOLUTIONS
Rapid5 Networks, a start-up developing infrastructure products for converged voice/data networks, secured $17 million in a first round of funding led by Redpoint Ventures and U.S. Venture Partners. Product plans have not yet been disclosed.  The company is based in Sunnyvale, California with a design center in Richardson, Texas.  http://www.rapid5.com/
Rapid5, February 7, 2000

DIGITAL FOUNTAIN TARGETS IP MULTICASTING SYSTEMS, NAMES CISCO EXEC AS CEO
Digital Fountain, a start-up developing IP Multicasting technology for content delivery networks, named Cliff Meltzer as its new CEO.  Meltzer most recently served as Senior Vice President of Cisco Systems' IOS Technologies Division, Meltzer oversaw development and marketing of IOS.  Digital Fountain is developing content delivery technology that combines advanced mathematical algorithms with standards-based IP Multicasting.  The San Francisco-based company recently closed $7 million in venture funding led by Hambrecht & Quist Venture Associates, and including Adobe Ventures, Cisco Systems, Sony and Texas Instruments.  http://www.dfountain.com/
Digital Fountain, February 7, 2000

FORMER TELEDESIC, NORTEL EXEC JOINS ENSEMBLE AS CEO
Ensemble Communications, a start-up developing broadband wireless systems, named David Twyver as its new CEO.  Twyver is the former CEO of Teledesic Corp. and held numerous leadership roles at Nortel, most recently as president of Nortel Wireless Networks.  http://www.ensemblecom.com
Ensemble Communications, February 7, 2000

Ensemble is developing a point-to-multipoint wireless system capable of providing burst rates of up to 120 Mbps to hundreds of buildings.  The company uses a proprietary Adaptive Time Division Duplexing (Adaptive TDD), Adaptive TDMA and Adaptive modulation system for the 10 to 43.5 GHz frequencies.  The solution employs an adaptive modulation technique to optimize range and capacity.  In December, Ensemble closed a $25 million round of venture funding with backing from Digital Microwave, Intel and Korea Telecom Bank Venture Capital.

DR. ROBERT GOURLEY, MCI WORLDCOM SENIOR SCIENTIST, JOINS TACHION
Dr. Robert Gourley, a senior scientist at MCI WorldCom's service provider infrastructure testing laboratory, Tachion Networks, a start-up developing a collapsed central office switching platform.  Tachion’s FUSION 5000 platform integrates transport, switching, routing and signaling into a single box.  The product was recently selected as the best new network infrastructure product at ComNet 2000 in Washington D.C.  Last month, Tachion closed a $26 million second round of venture funding led by Goldman Sachs and J.P. Morgan, and which included the participation of Roy Wilkens, Chairman of Williams Communications, Clark McLeod, Chairman of McLeodUSA, Gabriel Communications (Chairman is Bob Brooks, former founder of Brooks Fiber), and UniDial Communications.  http://www.tachion.com
Tachion, February 7, 2000