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TI
TO ACQUIRE BURR-BROWN FOR HIGH PERFORMANCE DATA CONVERTERS
Texas Instruments will
acquire Burr-Brown Corporation, a leading developer of analog
semiconductors, for $7.6 billion in stock.
The deal represents a 56% premium to Burr-Brown stock,
based on June 21 prices. Burr-Brown's
product portfolio includes data converters, which are analog
semiconductors used to convert real-world signals from analog to
digital and back again. TI
said the acquisition would give it the ability to offer
"almost any analog component that touches a DSP."
The new capabilities created by the merger would be
targeted at Internet appliances, 3G phones, DSL modems, Internet
audio players and digital consumer audio systems.
Burr-Brown is based in Tucson, Arizona, with R&D
centers in Atsugi, Japan, and Livingston, Scotland.
http://www.burr-brown.com
http://www.ti.com/corp/docs/bb/index.htm
TI, June 21, 2000
VIRATA
ACQUIRES EXCESS BANDWIDTH FOR SDSL SILICON
Virata will acquire
Excess Bandwidth, a start-up developing symmetric DSL physical
layer silicon, for approximately $315 million in stock (7.3
million shares). The
merger allows Virata to offer both SDSL and ADSL physical layer
solutions for customer premise of CO equipment.
Excess Bandwidth is based in Cupertino, California and has
about 40 physical layer, analog design, and VLSI engineers.
http://www.virata.com/news/pr/symmetric.htm
http://www.excessbandwidth.com/
Virata, June 21, 2000
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In
March, Virata acquired privately held Inverness
Systems, a developer of IP/ATM/MPLS software source code, for
approximately $105 million (850,000 VRTA shares).
Inverness' source code solutions and network simulation
products include ATM, Voice over ATM, xDSL, IP Routing,
Multi-Protocol Label Switching (MPLS) and Frame Relay.
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In
April, Excess Bandwidth secured $20.5 million in second round
venture financing from The Sprout Group and Mayfield Fund.
The company has preciously announced plans for DSL
chips that exceed the proposed HDSL2 and G.shdsl standards.
The company claims the ability to support a bi-directional
transmission rate of 1.5 Mbps at distances of up to 18,000
feet over a single pair of 26 AWG wires, which is twice the
distance called for by the draft standards.
Excess Bandwidth is led by Steven Dines, formerly with
Cirrus Logic. It was founded in 1998 by Dr. Debajyoti Pal,
previously with Amati Communications.
SBC
LEASES NATIONWIDE FIBER AND COLOCATION FACILITIES FROM WILLIAMS
SBC Communications
signed a five-year, $64 million agreement to lease nationwide dark
fiber and co-location facilities from Williams Communications.
The deal enables SBC to its switches in Miami, New York,
and Seattle. It also
covers transport services in Atlanta, Boston, Denver, New York,
Phoenix, and Seattle. SBC
has previously announced dark fiber leases with Metromedia Fiber
Network and FPL FiberNet for local access fiber.
http://www.sbc.com/News_Center/Article.html?query_type=article&query=20000621-01
SBC, June 21, 2000
IBASIS
SIGNS CHINA'S THIRD LARGEST CARRIER FOR IP TELEPHONY
China's third largest
carrier, JITONG Communications, selected iBasis to provide global
Internet telephony services and agreed to complete international
calls from the iBasis Network to destinations in China.
JITONG's IP network reaches 45 cities in China, including
Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Dalian, Qingdao,
Shenyang, Chongqing and Changchun.
Only five carriers within China that has received a
telecommunications license from the Chinese Ministry of the
Information Industry. http://www.ibasis.net/News/pr06212000.htm
iBasis, June 21, 2000
CIDRA
RAISES $100 MILLION FOR TUNABLE PHOTONICS
CiDRA, a
developer of tunable photonic components and subsystems, secured
$100 million in new financing to ramp-up its manufacturing
capacity as well as accelerate its product development activities.
CiDRA's products leverage tunable Bragg grating technology
and are aimed at next generation optical applications.
Investors include Amerindo Investment Advisors, HRLD
Ventures; Optical Capital Group, First Reserve; Cisco Systems, MSD
Capital, Scudder Technology Fund; Putnam Investment; Morgan
Stanley Dean Witter; Infosys Technologies Limited provider and a
strategic IT partner with CiDRA); Connecticut Innovations, Inc.;
and Teknoinvest Management AS.
The company is based in Wallingford, CT.
http://www.cidra.com/
CiDRA, June 21, 2000
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CiDRA's
components/modules are based on a proprietary fiber and Bragg
grating packaging technology that permits accurate tuning of
wavelengths. Applications
will include tunable DWDM channel filters, channel analyzers,
tunable fiber lasers and reconfigurable optical add-drop
multiplexers. The
company is led by Kevin Didden, formerly Manager of Technology
Application for the United Technologies Research Center.
YIPES
DEPLOYS EQUIPMENT WITH COLO.COM IN MAJOR US CITIES
Yipes Communications
will deploy its switching equipment in COLO.COM's existing and
planned carrier neutral colocation facilities in major US cities,
including San Francisco, Chicago, Dallas, Denver, Miami, New York,
San Diego, Santa Clara, Seattle and Washington D.C.
Yipes has raised more than $90 million in venture funding
to build out its network for offering native Ethernet services
over fiber at rates from 1 Mbps to 1 Gbps.
http://www.yipes.com
Yipes, June 21, 2000
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In
March, Yipes signed a 20-year, $125 million dark fiber lease
agreement for Metromedia Fiber Network's facilities into
downtown and suburban areas of Boston, Philadelphia,
Washington, D.C., Chicago, Los Angeles, San Francisco and
Seattle. .
Its network uses Extreme Networks' switches and
Juniper's M40 routers at the core and Juniper’s M20 routers
at the edge.
GRANITE
SYSTEMS SECURES $20 MILLION FOR ITS NETWORK CONFIGURATION
MANAGEMENT SOFTWARE
Granite Systems, a
privately held company based in Manchester, NH, raised $20 million
to support its development of network configuration management
solutions for next generation networks.
Granite's Xpercom 3.5 platform provides telecom service
providers with a running inventory of network equipment and
bandwidth down to a port and channel level.
Investors include Global Crossing Ventures and St. Paul
Venture Capital. http://www.granite.com/
Granite Systems, June 21, 2000
ADELPHIA
BEGINS CABLE IP TELEPHONY TRIAL
Adelphia
Communications, the sixth largest US cable television operator
with 5 million customers, will begin testing ANTEC headend
equipment, Nortel Network's IP-PSTN Gateway, and Tollbridge
Technologies' local exchange gateway for offering residential IP
telephony service over its HFC plant.
The gateway appears as a digital loop carrier to the Class
5 switch and will transparently deliver all Class 5 services to
end users. http://www.antec.com/
Antec,
June 21, 2000 |
