BROADCOM DEBUTS 4-CHANNEL CMOS TRANSCEIVER FOR 10 GBPS METRO ETHERNET
Broadcom Corporation began sampling a single-chip, 10 Gbps Ethernet transceiver that supports the proposed IEEE 802.3ae standard.  When combined with Coarse Wave Division Multiplexer (CWDM) fiber optic modules, Broadcom claims its device is capable of transmitting and receiving 10 Gbps Ethernet at distances of 50 km over existing single mode fiber.  The BCM8010 10 Gigabit Transceiver integrates four channels of the company’s programmable FusionCore mixed-signal transceiver core, each of which is capable of transmitting and receiving at rates from 1.25 to 3.125 Gbps.  The device is implemented in standard 0.22 micron CMOS process.  http://www.broadcom.com
Broadcom, May 2, 2000

More News Digest summaries on 10 Gbps Ethernet
http://www.convergedigest.com/10GbpsEthernet/TenG.htm

SBC EXTENDS ITS GIGAMAN FOR GIGABIT ETHERNET SERVICE
SBC Communications began offering metropolitan Gigabit Ethernet LAN interconnect service within its Ameritech region. GigaMAN is a fiber-based, point-to-point interconnection service with 1 Gbps rates and offering direct connections to Gigabit Ethernet ports on a customer’s enterprise backbone switch.  Compared to DS3 service, SBC said GigaMAN offers data transmission rates up to 22 times faster for approximately 2.5 times the cost. The service will be offered throughout SBC’s 13-state service territory.  http://www.sbc.com
SBC Communications, May 2, 2000

TELSEON RAISES $80 MILLION FOR ITS MANAGED GIGABIT SERVICES
Telseon, a start-up service provider planning to offer metropolitan Ethernet services, secured $80 million in second-round funding.  Investors include Pivotal Asset Management, Sevin Rosen Funds, Crosspoint Ventures, Morgan Stanley Dean Witter, The Goldman Sachs Group, Donaldson Lufkin, & Jenrette, and Hunt Ventures. Other investors/partners include Level 3 Communications, Nextlink and Enron.  http://www.telseon.com/frames.html?/pr050200.html
Telseon, May 2, 2000

• Earlier this week, Level 3 announced a $43 million dark fiber lease with Telseon to support its rollout of managed Gigabit Ethernet services in 23 US markets. 

CISCO INTRODUCES METRO DWDM PRODUCT, SIGNS OEM DEAL WITH ADVA OPTICAL
Cisco Systems introduced a metropolitan DWDM solution aimed at large enterprise networks.  The Cisco Metro 1500 platform, which is a re-labeled product developed by ADVA Optical Networking, offers protocol-independent optical transport for metro point-to-point, add/drop and ring topologies with up to 32 wavelengths per fiber.  The DWDM system supports Gigabit Ethernet, packet over SONET, ESCON/FICON, ATM and Fiber Channel.  Pricing starts at US$11,000 list per channel.  Cisco also noted that it is working with EMC Corp. on distributed enterprise storage networks.  http://www.cisco.com/warp/public/146/pressroom/2000/may00/ent_050200.htm
Cisco Systems, May 2, 2000

• Cisco Systems also offers a service provider DWDM platform capable of 128-channels at 10 Gbps.  (Cisco acquired Pirelli Optical Systems in December 1999).

LUMINOUS NETWORKS RAISES $60 MILLION FOR GIGABIT IP OVER FIBER SWITCHES
Luminous Networks, a start-up developing Gigabit IP over Fiber optical access switches, received an additional $60 million in funding to support its ongoing product development.  Scientific Atlanta contributed $10 million to the funding round.  Product plans have not yet been disclosed.  Luminous Networks is based in Cupertino, California.  Investors include Morgan Stanley Dean Witter Venture Partners, DynaFund Ventures, Vanguard Venture Partners, Doll Capital Management, Thomas Weisel Partners, RWI Group and Rader Reinfrank.  http://www.luminousnetworks.com/
Luminous Networks, May 2, 2000

• Luminous Networks is led by Alex Naqvi, formerly VP and General Manager at Chips and Technologies.  The company was founded by Dr. Charles Barry, who was involved in pioneering research at Stanford University on STARNET, an early Multi-Gigabit DWDM network.

NETWORK PHOTONICS RAISES $10 MILLION FOR ITS ALL-OPTICAL DWDM PLANS
Network Photonics, a start-up developing all-optical DWDM systems, received $10 million in first round funding.  The company said its patent-pending CrossWave technology would enable DWDM networks without resorting to expensive optical-to-electronic-to-optical conversion.  The company is based in Boulder, Colorado.  Investors include New Enterprise Associates and US Venture Partners.  http://www.networkphotonics.com/
Network Photonics, May 2, 2000

• Network Photonics is led by Steve Georgis, previously a co-founder of Exabyte Corporation.

LUCENT TO INTEGRATE FIBRE CHANNEL SWITCHING FROM VIXEL INTO OPTICAL PLATFORM
Lucent Technologies will integrate Vixel's Fibre Channel switching technology into its OptiStar optical product line.  The solution is aimed at interconnecting Fibre Channel Storage Area Networks (SANs) over high-performance IP.  http://www.vixel.com/pressroom/05022000.html
Vixel, May 2, 2000

• Lucent's OptiStar OC48 and OptiStar OC12 IP network adapter cards allow servers to be connected directly optical backbone network at 2.5 Gbps and 622 Mbps, respectively.  Last October, Lucent also announced a 10 Gbps IP-based OptiStar EdgeSwitch for connecting multiple servers to a backbone network or to one another.  http://www.lucent-optical.com/oan/

TELIGENT ANNOUNCES ANTENNA TECHNOLOGY FOR SOLVING WIRELESS LINE OF SIGHT PROBLEM
Teligent and REMEC, a developer of broadband wireless microwave and millimeter-wave systems, announced a new antenna technology to address direct "line of sight" problems in fixed wireless networks.  The Teligent-REMEC active antenna repeater, which operates in the 24 GHz band, redirects microwave signals from a network base station.  Teligent said the technology would enable it to reach more than 90% of all buildings within range of its base stations.  Teligent has an exclusive right to deploy the first generation active antenna repeater for eight months.
http://www.teligent.com/   http://www.remec.com/
Teligent, May 2, 2000

MMC NETWORKS AND FAST-CHIP PARTNER FOR SECURITY DEVICES
Fast-Chip, a start-up developing network acceleration silicon, will include support for MMC Networks' external coprocessor interface in its PolicyEdge family of high-speed classification processors.  The joint solution will enable Fast-Chip's PolicyEdge classification processors to work with MMC nP policy-enabled network processors in high-speed security applications, such as firewalls and VPNs.  http://www.mmcnet.com/  http://www.fast-chip.com/
MMC Networks, May 2, 2000

CLARENT ACQUIRES ACT NETWORKS FOR ITS MULTI-SERVICE ACCESS DEVICES
Clarent Corporation, a provider of IP telephony solutions, will acquire ACT Networks for approximately $189 million in stock (May 1 prices).  ACT provides multi-service access and voice/data integration products with advanced voice and data compression algorithms.  http://www.clarent.com/news/pressreleases/pr_2000-05-02.html
http://www.actnetworks.com 
Clarent, May 2, 2000

JTEC EXPANDS IN CHINA, NAMES ACTING CEO
JTEC, a developer of carrier grade ATM products, appointed Keith Murray as its new acting CEO.  Murray previously served as General Manager of Jtec's Product Division.  John Riedl, Jtec's Executive Chairman and CEO, will lead a new subsidiary, Jtec China, which will offer infrastructure products in China’s growing market.  Jtec's Panaseer Division provides VPN solutions and value-added services to Australian corporate and government customers.  Its Product Division offers a range of ATM switching and access devices.  http://www.jtec.com.au/
JTEC, May 2, 2000

NEWBRIDGE NETWORKS TO RESELL MARIPOSA'S ATM INTEGRATED ACCESS DEVICES
Newbridge Networks signed an OEM agreement to resell integrated access devices from Mariposa Technology, a start-up based in Petaluma, California.
http://www.mariposatech.com/index_media.html
Mariposa, May 2, 2000

• Earlier this year, Mariposa announced that its access devices would work with MCI WorldCom’s new SmartBandwidth service, which uses ATM SVCs to offer customer re-configurable bandwidth options.  Mariposa's IADs use both ATM Adaptation Layer-1 (AAL-1) and AAL-5 protocols for establishing switched virtual circuits (SVCs), and can determine which protocol to use based on the telephone number dialed by the subscriber.

NEWBRIDGE EXPECTS RECORD QUARTERLY REVENUE
Newbridge Networks reported strong growth in customer demand for its products in its recently ended fiscal quarter.  The company expects to report revenues of over $600 million, and earning per share in the range of $0.20 to $0.25 prior to merger related costs.  http://www.newbridge.com
Newbridge Networks, May 2, 2000

• Consensus estimates were $0.17 p/s