1. Sycamore Networks Acquires Sirocco Systems for Metro Access

2. Optical Mergers/Acquisitions 
3. Marconi Integrates Optical Crossconnect, SONET ADM and Switch/Router

4. Lucent Introduces its FTTH Access Solution

5. Lucent Introduces Smaller Nexabit Switch/Router, Enhances GX 550 ATM Switch

6. Nortel Networks Outlines "Virtualized Network" Vision

7. Intel Introduces 7 Optical Silicon Chips
8. Nortel Networks and AT&T to Begin GPRS Trials in Major US Cities
9. Marconi to OEM Copper Mountain DSL Equipment

SYCAMORE NETWORKS ACQUIRES SIROCCO SYSTEMS FOR METRO ACCESS
Sycamore Networks will acquire Sirocco Systems, a start-up developing optical access equipment for metropolitan area networks, for approximately $2.9 billion in stock. Sirocco is developing an Optical Service Delivery Network (OSDN) platform with full packet/cell switching and processing capabilities, DWDM, synchronous cross-connection and grooming, as well as a sub-lambda switching fabric that allows each port or wavelength to support multiple simultaneous services. The platform allows multiplexing of multiple service types onto a single wavelength (sub-lambda multiplexing) and it provides switching of sub-lambda streams at each node (sub-lambda-switching). Stream merging capabilities would enable large numbers of DS1/E1, DS3, OC-3/STM-1 streams of IP traffic, ATM traffic and Private Line traffic to be concentrated prior to being handed off to core routers and switches.  Sirocco’s product line-up includes Optical Access Devices (OADs), which are designed for deployment in the Metro or Access layer of the network in central office, multi-tenant buildings and high-end CPE applications, amd Optical Edge Switches (OES), which aggregate, concentrate and groom multi-service streams on multiple wavelengths directly into the optical core.  http://www.siroccosystems.com/   http://www.sycamorenetworks.com
Sycamore Networks, June 6, 2000

In December, Sirocco closed a second round of financing with the backing of Weiss Peck & Greer Venture Partners, Bessemer Venture Partners and Greylock Ventures. The company is led by Jonathan Reeves, who previously was the founder and CEO of Sahara Networks, an early developer of ATM access systems which was acquired by Cascade/Ascend/Lucent. Sirocco is based in Wallingford, CT and was founded in January 1999. 

OPTICAL MERGERS/ACQUISITIONS

Summary Buyer Target Valuation Date
  Sycamore Networks Sirocco Systems $2.9 billion June 00
Lucent Chromatis Networks $4.5 billion May 00
Nortel Networks Photonic Technologies US$35.5 million in cash May 00
Avanex Holographix $75 million May 00
Cisco Systems Qeyton Systems $800 million May 00
Kymata BBV Design not disclosed May 00
SDL Photonic Integration Research $1.8 billion May 00
Corvis Algety Telecom not disclosed May 00
ADC Altitun $872 million May 00
ADC IBSEN $80 million May 00

MRV JOLT US$234 million Apr 00

MRV Optronics International Apr 00

MRV Quantum Optech Apr 00

Agilent American Holographic not disclosed Apr 00

Corning NZ Applied Technologies $150 million Apr 00

Cisco Systems PentaCom $118 million Apr 00

JDS Uniphase Cronos Integrated Microsystems $750 Million Apr 00

Nortel Networks CoreTek $1.43 billion Mar 00

Intel Giga A/S $1.25 billion Mar 00

Nortel Networks Xros $3.25 billion Mar 00

Lucent Technologies Ignitus Communications not disclosed Mar 00

SDL Veritech Microwave $590 million Feb 00

ADVA Optical Storage Area Networks US$83 million Feb 00

ADVA Optical Broadband GmbH US$22.9 million Feb 00

Agilent CSELT's Optical R&D not disclosed Feb 00

Corning NetOptix $2 billion Feb 00

Lucent Technologies Ortel $2.95 billion Feb 00

JDS Uniphase E-TEK Dynamics $15 billion  Jan 00

Conexant Systems Microcosm Communications $180 million Jan 00
  Cisco Systems Pirelli Optical Systems $2.15 billion Dec 99

MARCONI INTEGRATES OPTICAL CROSSCONNECT, ADM AND SWITCH/ROUTER
Marconi introduced a next generation Multiservice Carrier Node that combines the functionality of an optical cross-connect, add-drop multiplexer and data switch/router with support for DWDM.  The Marconi MCN-7000 collapses multiple platforms into a single box serving as a high-density SONET access and transport edge device.  It supports a range of interfaces (DS1 and DS3, and optical signals from OC3 to OC192) and services (including Ethernet, Frame Relay, IP and ATM).  Marconi said its design would significantly reduce equipment costs for new carriers, while introducing new flexibility for SONET.  Commercial availability is expected next month with support for OC-48 rates.  Future releases will introduce OC-192 (10 Gbps) capabilities, full packet switching and DWDM support.  http://www.marconi.com/news_events/press_releases/current/4510.html
Marconi, June 7, 2000

LUCENT INTRODUCES FTTH ACCESS SOLUTION
Lucent Technologies introduced fiber-to-the-home and fiber-to-the-curb devices for full-service access networks.  The bidirectional optical networking units (ONUs) integrate video receivers and data transceivers that consume less than two watts of power. The fiber-to-the-curb ONU can receive up to 110 cable channels over a one-gigahertz (GHz) downstream path, while the fiber-to-the-home ONU can also receive 192 direct-broadcast satellite (DBS) channels (transmitted from a dish at a service provider's head-end or central office) over a two GHz path. Both units support bidirectional data at rates up to 100 Mbps for telephony and Internet access. Lucent said its products incorporate a new wavelength multiplexer design that is significantly less expensive than WDM technologies used in optical transport networks. http://www.lucent.com/press/0600/000606.mea.html
Lucent Technologies, June 7, 2000

LUCENT PREVIEWS SMALLER NEXABIT SWITCH/ROUTER, ENHANCES GX 550 ATM SWITCH
Lucent Technologies introduced a Multi-Terabit Switch Router designed for small regional networks.  The NX32000 offers 3.2 terabits of total capacity, supports up to eight OC-192 slots and integrates DWDM optics into the product.  The system is a smaller version the existing NX64000 (Nexabit) product introduced earlier.   Lucent Technologies also announced major enhancements for its GX 550 ATM switch, including new switch processors, improved circuit density and optical packet interfaces supporting MPLS, Frame Relay and enhanced QoS.  The new interfaces include OC-3/STM-1 Packet & Frame over SONET/SDH, OC-12/STM-4 Packet & Frame over SONET/SDH, and Gigabit Ethernet/IP/MPLS.   http://www.lucent.com/press/0600/000606.nsd.html
Lucent Technologies, June 6, 2000

NORTEL NETWORKS OUTLINES "VIRTUALIZED NETWORK" VISION
Nortel Networks introduced a new "Virtualized Network" plan to enable subscriber-aware services, including instant user recognition from any location or port, preferred customer status, hosted applications, and new levels of control and personalization. The capabilities would be implemented using Nortel Networks' Preside tools integrated with customer premise equipment, as well as Nortel's network-based VPN portfolio including Passport, Shasta 5000 BSN, Contivity, CVX and Versalar* technologies. Nortel also announced new Network Intelligence capabilities to enable service providers to dynamically monitor network conditions, and to automatically shift network resources for content-optimized delivery.  http://www.nortelnetworks.com/corporate/news/newsreleases/2000b/06_06_0000306_vn_oni.html
Nortel Networks, June 7, 2000

INTEL INTRODUCES 7 OPTICAL SILICON CHIPS
Intel announced seven new optical networking chips created through its acquisitions of GIGA A/S in March of this year and LevelOne in August 1999.  The devices include: a chipset for network interconnect devices such as bridges and gateways operating at OC-3, OC-12, OC-48 and Gigabit Ethernet line rates; a single-chip OC192 Forward Error Correction (FEC) device; a multiplexer that enables an OC192 to be divided into four separate OC48 lines; two multirate, multiservice framers capable of handling both packet and cell data running on ATM, Frame Relay or Ethernet protocols; and a 28 channel SONET/SDH mapper.   http://www.intel.com
Intel, June 6, 2000

NORTEL NETWORKS AND AT&T TO BEGIN GPRS TRIALS IN MAJOR US CITIES
AT&T Wireless Services will conduct non-commercial trials of General Packet Radio Service (GPRS) core networks, part of the 3G TDMA-EDGE architecture, in several major US cities beginning this summer.  Nortel Networks said its GPRS platform would enable full ISP services, including secure mobile VPNs created with its Passport, Shasta and Contivity Extranet switches.  The trials will provide live experience for when full 3G TDMA-EDGE technology becomes commercially available. 3G TDMA-EDGE is expected to increase throughput and spectrum efficiency by up to three times over GPRS, enabling wireless data transmission at speeds up to 384 kbps.  http://www.nortelnetworks.com
Nortel Networks, June 6, 2000

MARCONI TO RESELL COPPER MOUNTAIN DSL EQUIPMENT
Marconi agreed to sell Copper Mountain’s line of DSL concentrators and customer premise equipment under its own label.   http://www.coppermountain.com  http://www.marconi.com
Marconi, June 6, 2000

 

Copyright 2000 Converge! Media Ventures Inc.  All Rights Reserved.  ISSN 1526-1778

Subscription Info  |  UnSubscribe  |  Archive  | Marketing & Advertising  |  Link2Us Events  | About Us  |  Contact Us
Copyright © 2008 Converge! Media Ventures, Inc.  All rights reserved.