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TEXAS
INSTRUMENTS ACQUIRES ALANTRO FOR ITS WIRELESS LANS
Texas Instruments
will acquire Alantro Communications, a start-up developing IEEE
802.11 wireless silicon, for about $300 million in stock (June 22
prices). Alantro is
working on a series of 802.11 compliant wireless LAN chips and has
proposed a new specification that would double the speed of the
IEEE 802.11b standard to 22 Mbps.
Alantro Communications is based in Santa Rosa,
California and employs about 50 people.
TI said the acquisition would help it to extend broadband
communications in the home.
Last year, TI acquired Butterfly VLSI, also developer of
short distance wireless technology. http://www.ti.com/corp/docs/press/company/2000/c00032.shtml
http://www.alantro.com/
Texas Instruments, June 23, 2000
- Last week, TI also announced
plans to acquire Burr-Brown Corporation, a leading developer
of analog semiconductors, for $7.6 billion in stock.
PRODIGY
ASSUMES MANAGEMENT OF SBC’S DIAL-UP AND DSL INTERNET SERVICES
Prodigy has assumed management of SBC Internet Services'
(SBCIS) consumer and small business dial-up, ISDN and Basic DSL
Internet Service customers. The
alliance with SBC Communications brings Prodigy’s total managed
customer base to more than 2.4 million subscribers and positions
Prodigy as the nation's largest retail DSL Internet service
provider. Prodigy
also announced plans to relocate its corporate headquarters to
Austin, Texas from White Plains, NY.
Prodigy also named Charles J. Roesslein, formerly senior
vice president of SBC Communications, as president and chief
executive officer, and Gregory G. Williams, formerly vice
president-Wireless Systems at SBC Technology Resources Inc. (TRI),
as executive vice president and chief operating officer (COO).
http://www.prodigy.com
Prodigy, June 23, 2000
- At the end of March, SBC
reported 301,000 DSL customers.
- In November, SBC
Communications announced plans to acquire a 43% equity stake
in Prodigy Communications and designate the service its
exclusive retail consumer and small business Internet access
service. Prodigy
also agreed to use SBC as its preferred provider of
telecommunications and Internet services.
MICROSOFT
BACKS IP OVER 1394 “FIREWIRE”
Microsoft promised extensive Windows support for the IEEE
1394 interface, including Universal plug-and-play capabilities,
networking with TCP/IP over 1394, and 1394 storage applications.
Windows 2000 already includes support for IEEE 1394
1394-95; 1394a; Open Host Controller Interface (OHCI) 1.0; DV
camcorders and other devices.
http://www.1394ta.org/
The 1394 Trade Association, June 23, 2000
- The current 1394 interface
standard, which is supported on nearly 90% of new camcorder
models, supports data transfer rates of up to 400 Mbps .
A new 1394b
specification enhancement will enable speed increases to 3.2
Gbps, support distances of 100 meters on UTP-5, plastic
optical fiber and glass optical fiber, and significantly
reduces latency times by using arbitration pipelining.
ACCELERATED
NETWORKS SOARS 219% IN IPO
Shares in Accelerated Networks (Nasdaq: ACCL) rose 219% to
close at 47 7/8 on Friday’s initial public offering (IPO).
The company offered 4,000,000 shares at $15 per share.
Accelerated Networks develops multiservice access equipment
using DSL, T1, NxT1, or DS3 technologies. Accelerated's also
specializes in voice over DSL (VoDSL) and frame relay over DSL
(FRoDSL) applications. Its
product lines include POP voice gateways, central office
concentrators, and customer premises integrated access devices
(IADs). http://www.acceleratednetworks.com/
June 23, 2000
HITACHI
ESTABLISHES 10 BILLION YEN INTERNATIONAL VENTURE FUND
Hitachi has established a 10 billion-yen (US$95 million)
investment fund to support start-ups developing next generation
Internet technologies an biotechnology.
Hitachi plans to pursue collaborative structures with other
venture firms and provide its own technology, sales networks and
business resources to nurture and incubate its ventures.
The company also plans spin-offs from within the company.
http://www.hitachi.co.jp/cvc/e/
Hitachi, June 2000
VIVITY
SECURE $4.5 MILLION FOR ITS ENTERPRISE VIDEO OVER IP
Vivity, a start-up based in Boulder, Colorado, secured
$4.5 million in venture funding for its development of enterprise
video over IP solutions. The
company’s MPEG over IP solution will deliver live or stored
video and audio via corporate web servers.
Product specifics were not disclosed.
Investors include Red Rock Ventures of Palo Alto,
California. http://www.vivityinc.com/
Vivity, June 23, 2000
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