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JDS
UNIPHASE & SDL MERGER SETS RECORD PRICE FOR NETWORK SUPPLIER
JDS Uniphase agreed to
acquire SDL Inc. for a record $41 billion in stock (July 7
prices), the highest price yet for a supplier of networking
equipment or components. The
companies said their merger would accelerate delivery of advanced
products and basic building blocks for optical networking,
including optical amplifiers, lossless optical switches and
integrated optical modules. Key
drivers for the merger include increased manufacturing
capabilities and larger engineering teams.
The deal is expected to close by the end of the year,
pending regulatory approvals.
In May, the companies extended an
existing arrangement under which SDL supplies grating-stabilized
980 nm pump lasers to JDS Uniphase for JDS Uniphase's
high-performance erbium doped fiber amplifiers (EDFAs), critical
components used in DWDM systems.
SDL has also been a primary supplier of 980 nanometer (nm)
pump modules to Corning.
Last week, JDS Uniphase closed its
$15 billion acquisition of E-TEK Dynamics, a supplier of passive
optical components.
SDL is based in San Jose,
California and has approximately 1,700 employees.
It reported sales of $72 million in its first quarter ended
March 31, 2000. Its product line also includes 2.5 Gbps and 10
Gbps modulators, arrayed waveguide gratings used for optical
muxing and demuxing, specialized lasers, optical splitters, and
other optoelectronic components.
SDL's prior acquisitions include Photonic Integration
Research ($1.8 billion, May 00), Veritech Microwave ($590 million,
Feb 00), and IOC International plc ($46 million, Mar 99).
JDS Uniphase has over 17,000
employees and reported sales of $395 million in its fiscal third
quarter ended March 31, 2000.
The company was created through the merger of JDS Fitel of
Canada and Uniphase of San Jose, California.
That deal was valued at $6.1 billion when it was announced
in January 1999. http://www.jdsunph.com
http://www.sdli.com
July 10, 2000
Really
Big Networking Mergers
|

|
| Summary |
Buyer
|
Target
|
Valuation
|
Date
|
| |
JDS
Uniphase |
SDL
Inc. |
$41
billion |
Jul
00 |
|

|
Lucent
Technologies |
Ascend
Communications |
$20
billion |
Jan
99 |
|

|
JDS
Uniphase |
E-TEK
Dynamics |
$15
billion |
Jan
00 |
|

|
Nortel
Networks |
Bay
Networks |
$9.1
billion |
Jun
98 |
|

|
Alcatel |
Newbridge
Networks |
$7.1
billion |
Feb
00 |
|

|
Cisco
Systems |
Cerent
Corp. |
$6.9
billion |
Aug
99 |
|

|
Cisco
Systems |
ArrowPoint
Communications |
$5.7
billion |
May
00 |
|

|
Lucent
Technologies |
Chromatis
Networks |
$4.5
billion |
May
00 |
|

|
GEC/Marconi |
FORE
Systems |
$4.5
billion |
April
99 |
| |
Alcatel |
DSC
Communications |
$4.4
billion |
Jun
98 |
| |
Cisco
Systems |
StrataCom |
$4
billion |
Apr
96 |
|

|
Nortel
Networks |
Xros |
$3.25
billion |
Mar
00 |
| |
Lucent
Technologies |
Ortel |
$2.95
billion |
Feb
00 |
|

|
Sycamore
Networks |
Sirocco
Systems |
$2.9
billion |
June
00 |
|
AT&T
LAUNCHES DIGITAL MEDIA PLATFORM TO SERVE 10 MILLION SIMULTANEOUS
STREAMS
AT&T is
building an "Ecosystem for Media" to deliver true,
broadcast-scale streaming services over the Internet.
Over the next 18 to 24 months, AT&T plans to scale its
data and Internet infrastructure to support 10 million
simultaneous streaming media Internet users.
The company will use Microsoft’s Windows Media and
RealNetworks’ RealSystem 8 as its initial media formats.
It will also work closely with Inktomi on scalability
issues. The
"Ecosystem for Media" will supplement AT&T’s
Intelligent Content Distribution (ICD) Services and will also
provide turnkey media management, allowing customers to encode and
archive audio/video content.
AT&T also announced a corporate ATM multicast service
that replicates traffic from a single ATM virtual circuit and
replicates to multiple end sites within the AT&T network.
http://www.att.com/press/item/0,1354,3059,00.html
AT&T, July 10, 2000
- AT&T
has previously announced plans to open 44 Internet Data
Centers and connect them to its OC-48/OC-192 IP backbone.
ROADRUNNER
INSTALLS NARUS IP-USAGE SYSTEM FOR INSIGHT INTO TRENDS
Road
Runner, the second largest US cable modem service provider,
selected the NARUS IP usage platform for deployment in its
nationwide broadband network.
Initially, Road Runner is deploying NARUS Analyzers with
OC-3 interfaces in seven locations throughout its network,
including cable head-ends and traffic aggregation points. NARUS
Analyzers will feed usage data into NARUS Logic Servers, running
in Road Runner's data center, which in turn aggregate and
correlate usage information. Road Runner will use the data to
provide insight into network usage trends, such as which
applications -- e.g. web surfing, email, content (MP3, etc.)
downloads -- are the most popular, what time of day the network is
being used the most, in what regions of the country.
Financial terms were not disclosed.
NARUS is working with other partners to turn IP usage data
gathered via its platform into billable events.
http://www.narus.com/
NARUS, July 10, 2000
YIPES
INTRODUCES IP LAN-TO-LAN SERVICE WITH IPSEC
Yipes
Communications introduced a secure, wide area IP network service
for connecting LANs to distant business locations at
customer-selected Ethernet speeds from 1 Mbps to 1 Gbps, in 1 Mbps
increments. Yipes
offers standard IPSec security and is integrated with the
company's Internet access service.
Customer could select to connect to the Internet at each
node or through one LAN location.
Yipes is currently operating in Boston, Chicago, Miami-Fort
Lauderdale, Philadelphia, Riverside, San Francisco, Washington,
D.C. and suburbs of San Francisco and Denver.
http://www.yipes.com
Yipes, July 10, 2000
IBM
AND ALCATEL EXTEND PARTNERSHIP TARGETING INTERNET DATA CENTERS
Alcatel
and IBM Global Services agreed to work on joint solutions for
Internet Data Centers. The
deal extends a previous agreement under which IBM Global Services
has been providing services for Newbridge products to include
Alcatel Carrier solutions and Genesys products.
http://www.alcatel.com/vpr/index.htm?body=/latestnews/10072000_1uk
Alcatel, July 10, 2000
TELSEON
OFFERS INSTANTLY SCALABLE GIGABIT ETHERNET SERVICES IN EQUINIX
CENTERS
Telseon
will offer its managed gigabit services in Equinix Internet
Business Centers nationwide.
The service will include Telseon's provisioning software
that enables companies to increase their bandwidth from one to
1,000 Mbps within 10 seconds via a web browser.
http://www.telseon.com
Telseon, July 10, 2000
ITF
OPTICAL TECHNOLOGIES RAISES $28 MILLION IN NEW VENTURE FUNDING
ITF Optical Technologies, a start-up based in Montreal,
Canada, received $28
million in new venture financing, bringing total funding to $38
million since its founding in February 1998.
The company is developing a proprietary All-Fiber
technology that uses optical fiber as the constituent medium.
The company said that by processing light in the fiber
itself, its photonic components could significantly lower
transmission losses, accommodate high optical power and provide
the flexibility needed for custom requirements.
http://www.itfoptical.com
ITF Optical Technologies, July 10, 2000
WORLD
WIDE PACKETS CLOSES $20 MILLION FOR ITS ETHERNET-TO-THE-SUBSCRIBER
World
Wide Packets, a start-up led by Bernard Daines (former founder of
Packet Engines), raised $20 million in its first round of venture
financing. World Wide
Packets is pursuing an Ethernet-to-the-Subscriber architecture
that would deliver IP over fiber to residential and commercial
subscribers. The
company plans to offer an optical Gigabit Ethernet subscriber
gateway, an optical Gigabit Ethernet aggregator, and
management/provisioning software.
The products will be targeted at public utilities and
municipalities, Investor Owned Utilities, commercial and
residential Greenfield developments, government and business
entities, CLECs and telcos, and CATV operators.
http://www.worldwidepackets.com/
World Wide Packets, July 10, 2000
World
Wide Packets has now
has over 70 employees and is based in Spokane, Washington.
INTELLISENSE
TURNS ATTENTION TO OPTICAL MEMS
IntelliSense, a developer of MEMS (MicroElectroMechanical
Systems) software and devices, appointed Dr. Jonathan Bernstein as
its Vice President of Technology and Dr. Carlos Mastrangelo as
Vice President of Engineering.
Jonathan Bernstein holds 19 patents in the MEMS field and
previously developed advanced micromechanical sensors and
actuators at Draper Laboratories.
Mastrangelo previously held tenured professorship in the
EECS Department of the University of Michigan.
IntelliSense, which is a wholly owned subsidiary of
Corning, said it intends to bring MEMs optical switches to market.
http://www.intellisense.com/
IntelliSense, July 10, 2000
CANON
LAUNCHES ITS 3RD GENERATION WIRELESS OPTICS
Canon
introduced its third generation, "free-space"
communications laser system supporting OC-12 transmission over
distances of up to 2 km. The
Canobeam III features a narrower beam than previous versions,
making it less susceptible to weather conditions.
The system is priced at around $50,000 per pair.
http://www.canon.com/
Canon, July 10, 2000
SPECTRA-PHYSICS
UNIT FOCUSES ON PASSIVE OPTICAL
Spectra-Physics
renamed its commercial systems group to Spectra-Physics Passive
Components to reflect its new emphasis on telecommunications
components. The
company's first product is a 200-GHz narrow band pass filter.
The unit is based in Mountain View, California.
http://www.spectra-physics.com/products-new.html
Spectra-Physics, July 10, 2000
LUCENT
ADDS LOOP TESTING TO STINGER DSLAMS
Lucent Technologies
introduced new integrated metallic loop access and testing
capabilities for its Stinger DSLAMs.
The Copper Loop Test (CLT) module allows network operators
to remotely access and test DSL lines from the central office.
Testing capabilities include 1) digital multi-meter (DMM),
which measures AC/DC voltage, resistance, loop resistance and
capacitance, and loop length; 2) line tests, which measure
wideband noise, impulse noise, load coil detection, loop
resistance, insertion loss and signal to noise; and 3) time domain
reflectometry (TDR), which locates bridge taps, load coils, water
saturated cable sections and cable faults.
http://www.lucent.com/press/0700/000710.nsa.html
Lucent Technologies, July 10, 2000
AGILENT
ADDS MPLS TO ITS ROUTERTESTER PLATFORMS
Agilent
Technologies added Multiprotocol Label Switching (MPLS) testing
capabilities to its QA Robot and RouterTester platforms.
The solution initially supports testing of Reservation
Protocol (RSVP) signaling with traffic engineering extensions
(RSVP-TE), including set-up of MPLS label switched paths
(tunnels), generation of labeled traffic, verification of labeled
traffic flows and interworking between internal gateway and
RSVP-TE protocol stacks. The system also allows developers to test
interactions between the MPLS protocol and major routing
protocols, including BGP-4, OSPF and IS-IS.
http://www.agilent.com/comms/IPTest
Agilent Technologies, July 10, 2000
INTELSAT
TO OFFER BROADBAND VSAT SERVICE
INTELSAT'
will launch a new Broadband Very Small Aperture Terminal (BVSAT)
Service supporting IP, Frame Relay, ATM or ISDN covering the
Americas, Western Europe and Africa.
The
system is based on INTELSAT's existing fleet of C-band and Ku-band
satellites. COMSAT
Laboratories will provide satellite networking terminals and
support services. The company plans to extend coverage to Asia and
the Middle East at a later date.
http://www.intelsat.com/
Comsat, July 10, 2000
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