NET2PHONE’S
INTERNET TELEPHONY RECEIVES KEY ENDORSEMENTS FROM AT&T, YAHOO!
An AT&T-led
consortium acquired a 39% stake in Net2Phone, the leading provider
of Internet telephony services.
AT&T and Net2Phone plan to jointly develop new Internet
voice applications for cable telephony and the business
communications market. The deal gives AT&T a license to deploy
Net2Phone's technologies on a guaranteed lowest cost basis.
The AT&T consortium, which also includes BT and Liberty
Media, has the right of first refusal to purchase IDT's remaining
stake, potentially giving the consortium 59% control.
The AT&T consortium deal was valued at approximately
$1.4 billion (March 30). Separately,
Yahoo! purchased a minority equity interest in Net2Phone
representing a 5% stake for $150 million.
http://www.net2phone.com
Net2Phone, March 31, 2000
- Net2Phone
claims to handle 40% of all voice calls currently routed over
the Internet.
DELTATHREE.COM
REACHES TWO MILLION MEMBERS
deltathree.com, which provides Internet telephony
services, said its worldwide customer base has exceeded 2 million
subscribers. The
company currently has 64 POPs in 37 countries.
http://www.deltathree.com/investors/index.asp
deltathree.com,
March 31, 2000
ARROWPOINT
COMMUNICATIONS SURGES IN IPO
Shares of
ArrowPoint Communications (NASDAQ: ARPT),
a developer of content aware Web switches, surged 248% on Friday
after an IPO of 5 million shares priced at $34.
ARPT closed on Friday at $118.48.
http://www.arrowpoint.com/
March 31. 200
- ArrowPoint's Web switches are
designed to dynamically direct specific content requests to
the best site and best server at that moment.
The switches look into the HTTP request headers all the
way down to the URL and into cookies with strings of more than
256 bytes to determine what content is being requested.
ArrowPoint's Web switches can bypass caches for non-cacheable
content, such as Common Gateway Interface (CGI), Active Server
Pages (ASP), or database queries, and transmit these
non-cacheable requests directly to the origin server.
- Last October, Alcatel signed an
OEM agreement to resell ArrowPoint Communications' Content
Smart web Switches. Lucent
also OEMs the product.
QEYTON
SYSTEMS SECURES $18 MILLION IN NEW FUNDING FOR ITS DWDM
Qeyton Systems, a start-up developing metropolitan DWDM
system, secured $18 million in second round funding from Spectrum
Equity Investors, Goldman Sachs, and Novare Kapital AB, a Swedish
investment firm wholly owned by Investor AB. Qeyton offers a
highly scalable OADM (Optical Add/Drop Mux) that can handle any
traffic mix, while providing sub-millisecond optical protection
switching. The
platform supports unamplified spans of up to 100 km, depending on
the number of nodes and wavelength channels.
Qeyton is headquartered in Stockholm, Sweden.
The Qeyton product family is currently undergoing customer
trials in both the US and Europe.
http://www.qeyton.com/
Qeyton Systems,
March 31, 2000
- Last month, Qeyton named Claes
Rickeby as its new CEO. Rickeby
previously served as Senior Executive Advisor for Ericsson,
where he headed developed a strategy for the company’s
Internet over Cable activities and chaired the development of
early products in the DWDM arena.
ARTEL
OFFERS GIGABIT ETHERNET TRANSCEIVER WITH 120 KM RANGE
Artel Video Systems, a start-up based in
Marlborough, Mass. announced a Gigabit optical transceiver that
delivers 100Base-T Fast Ethernet or Gigabit Ethernet IP service up
to 120 km over fiber. The
company offers a DWDM transport solution for up to eight
bi-directional Gigabit Ethernet payloads.
http://www.artel.com
Artel Video Systems, March 30, 2000
- Artel Video Systems originally
was part of Chipcom Corporation, which 3Com bought in 1995.
The Artel group was bought out of 3Com in 1996.
The company’s existing product line includes digital
video transport and multiplexing systems.
EXBIT
TECHNOLOGY TARGETS 10 GBPS ETHERNET SILICON
Exbit Technology, a fabless semiconductor start-up based
in Denmark, announced its entrance into the market for 10 Gbps
Ethernet. The company
has joined the "10 Gigabit Ethernet Alliance."
Exbit Technology was founded in June 1999 by Ole Christian
Andersen, former ASIC development manager at Intel Denmark.
Its first product is a 10/100/1000 Mbps Ethernet Media
Access Controller (MAC).
http://www.exbit.com/
Exbit Technology, March 31, 2000
BANTER
RECEIVES LUCENT INVESTMENT FOR CUSTOMER SERVICE MANAGEMENT
Banter,
a start-up based in San Francisco, received $15 million in
funding from Mayfield Fund, Lucent Venture Partners and other
investors to develop a “customer relationship modeling
engine.” The Banter
application would understand natural language, customer intent and
context in processing customer e-mail, web forms, chat, self-help,
knowledge bases, and other types of text-based communication.
http://www.banter.com/
Banter,
March 30, 2000
ITU
APPROVES IP OVER ATM
The
International Telecommunication Union approved a standard for
Transport of IP over ATM in Public Networks (ITU-T Recommendation
Y.1310). The standard
is the second major IP-related standard issued by ITU-T Study
Group 13.
http://www.itu.int/newsroom/press/releases/2000/01NP.html
ITU.
March 30, 2000
| CONFERENCE
ANNOUNCEMENT: OPTICON
2000, JULY 31- AUG 3, SAN FRANCISCO
OPTICON,
a new conference and exhibition covering optical
networking, will be held July 31st to August 3rd at the
Hyatt Regency in
Burlingame, California (near San Francisco Airport).
The conference will cover long
haul technologies, metropolitan area solutions and optical
components. Keynote
speakers at OPTICON 2000 include:
-
Wu-Fu
Chen, speaking
on "Investing in Optical Networking
Technology." Chen is currently chairman of
ANDA Networks, Cinta, Geyser Networks, Optimight
Communications, Santera and Zettacom
(all optical start-ups).
-
Dan
Smith, speaking
on "Identifying and Leveraging the
Optical Opportunity."
Smith is president and CEO of Sycamore Networks
and was previously a top executive with
Cascade/Ascend.
- Carl
Russo, discussing
“The Optical Internet.”
Russo is group vice president, optical
networking at Cisco Systems and previously the CEO of
Cerent Corp.
- Vab
Goel, discussing
"How to Choose the Right Optical Networking
Technology and Vendor."
Goel is a general partner at Norwest Venture
Partners and previously VP of emerging technologies
for Qwest Communications.
OPTICON
2000 is organized by BCR.
Registration information is online.
http://www.bcr.com/opticon/default.asp
April
3, 2000
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