1. First Draft of 10 Gigabit Ethernet Standard Complete
2. Asia Capacity Exchange Begins Bandwidth Commodity Trading in Hong Kong
3. Aerie Networks Begins Construction of 432-Strand Fiber Backbone Across US
4. IronBridge's Terabit Routing System Enters Beta Testing with Energis UK
5. Nortel Networks partners with Analog Devices for MEMs-based Optical Switching
6. Riverstone Debuts Optical Metro Access Router, Files For IPO
7. Coriolos Unveils its Plans for Optical Spatial Division Multiplexing
8. Atrica Targets Optical Ethernet, Gains 3Com Backing
9. A New Draft Specification for 1394-equipped "FireWire" Vehicles
10. IPG Photonics Raises $100 Million for Expansion in Components Manufacturing
11. Nishan Closes $50 Million in Funding for its IP-Enabled SANs
12. Bay Microsystems Targets Network Processors for 10/20/40 Gbps
13. Avanex Hires Agilent Exec as President and COO
14. 3M Forms Optical Components Program

FIRST DRAFT OF 10 GIGABIT ETHERNET STANDARD COMPLETE
The IEEE P802.3ae (10 Gigabit Ethernet) Task Force completed the first draft of the 10 Gigabit Ethernet specification and reached agreement on four optical transceivers for multimode and single mode fiber.  The four physical medium dependent (PMD) interfaces include two multimode fiber optical transceivers for enterprise backbone networks and two single mode fiber optical transceivers that address medium and long reach, single mode fiber, metro applications and connections to optical networks.  Ratification for the 10 Gigabit Ethernet standard remains on track for early 2002.  Over 200 representatives from approximately 80 companies attended the IEEE P802.3ae meeting last week in New Orleans.  http://www.10gea.org.
The 10 Gigabit Ethernet Alliance, September 18, 2000  

ASIA CAPACITY EXCHANGE BEGINS BANDWIDTH COMMODITY TRADING IN HONG KONG
Asia Capacity Exchange (ACE), a new venture based in Hong Kong, launched an online bandwidth trading market for carriers, ISPs and corporations to buy and sell international communications capacity.  Connections between ACE bandwidth suppliers and consumers will allow real-time trading in the "spot" market for bandwidth.  Lucent Technologies supplied the multiservice core switching and ATM equipment to support the exchange.  http://www.ace-asia.com/
ACE, September 18, 2000

AERIE NETWORKS BEGINS CONSTRUCTION OF 432-STRAND FIBER BACKBONE ACROSS US
Aerie Networks, a new wholesale bandwidth carrier backed by leading oil companies and electric utilities, began construction of its broadband network between Chicago and St. Louis, St. Louis and Kansas City, Kansas City and Dallas, Dallas and Houston.  Ground breaking coincides with the initial closing of $100 million in Series C preferred stock financing from a group of premier technology and investment companies.  http://www.aerienetworks.com  
Aerie Networks, September 18, 2000

  • Aeerie has already secured access to 14,958 miles of rights of way across the continental US from 12 energy pipeline and communications companies.  Its network architecture calls for 432-fiber count cable to be installed throughout its planned long-haul routes.  In June, Aeerie ordered 8.9 million miles (14.24 million kms) of Corning's LEAF fiber.  The deal was valued in excess of $1 billion over four years.  

  • Aeerie Networks is led by Peter Geddis (CEO), formerly COO of Qwest.
     

  • John Griebling recently joined Aerie as vice president and general manager of global network services.  Griebling formerly was responsible for network architecture and design at Enron Broadband Services. 

IRONBRIDGE'S TERABIT ROUTING SYSTEM ENTERS BETA TESTING WITH ENERGIS UK
IronBridge Networks SwiftCOR terabit routing system will soon enter beta testing with Energis, a major fiber backbone operator in the UK.  IronBridge said a key feature of the new platform is a virtual backbone routing capability that allows wholesale backbone providers to sell virtual points of presence (vPoPs) to other ISPs.  IronBridge's SwiftCOR scales to 256 OC-48 SONET/SDH ports and features in-service upgradeable hardware and software and telco-grade redundancy.  IronBridge is promising system availability better than 99.999%, Differentiated Services support for eight classes of service, and Packet over cheap optics (POCO) interconnects between I/O shelves and the switch fabric.  The company is based in Lexington, Mass.  http://www.ironbridgenetworks.com
IronBridge Networks, September 18, 2000

  • The IronBridge terabit router uses four ASICs developed in partnership with LSI Logic.

  • In April, IronBridge received $52 million in new financing from new and existing investors.  The company was founded in 1997.  IronBridge is headed by Dr. Paul Lazay, who prior to September 1997 was CEO of Advanced Telecommunications Modules Ltd. of Cambridge, UK.

NORTEL NETWORKS PARTNERS WITH ANALOG DEVICES FOR MEMs-BASED OPTICAL SWITCHING
Nortel Networks is partnering with Analog Devices to develop integrated optical MEMS switching elements for Nortel Networks' high port-count photonic cross connect switches.  The switching element consists of an array of moveable micromachined mirrors that are integrated with electronic components.  Nortel Networks will use Analog Devices' silicon-based MEMS elements for its second generation optical switch (Xros).  http://content.analog.com/pressrelease/prdisplay/0,1622,252,00.html
Analog Devices, September 18, 2000

  • Nortel Networks acquired for Xros (pronounced KAI-ros) for US$3.25 billion in stock (Mar 13 prices).  The start-up company was developing an optical cross-connect system that uses silicon micro-mirrors to connect up to 1,152 pairs of inputs and outputs with an all-optical pathway from each input to output. 

RIVERSTONE DEBUTS OPTICAL METRO ACCESS ROUTER, FILES FOR IPO
Riverstone Networks introduced an Optical Metro Access Router that provides 32 10/100 Base-TX auto-negotiating Ethernet ports along with two expansion module slots to support multi-transport connections to WDM, Gigabit Ethernet, ATM or Packet over SONET (POS).  The compact platform, which could be deployed in the basement of multi-tenant buildings, enables service providers to extend MPLS traffic engineering to the edge of their networks, thereby enabling MPLS-based VPNs, MPLS-based transparent LAN services and tiered services.  By creating individual Label Switched Paths (LSPs), providers can set bandwidth, preferred paths, or priority constraints at the user or application level, for instance, for performance-sensitive applications such as voice and video.  Riverstone's hardware-based MPLS implementation includes a set of APIs for integrate LSP traffic engineering with subscriber management and provisioning systems.  http://www.riverstonenetworks.com
Riverstone, September 18, 2000

  • Separately, Riverstone filed a registration statement with the Securities and Exchange Commission (SEC).   The company is one of the four spin-offs from Cabletron.

CORIOLOS UNVEILS ITS PLANS FOR OPTICAL SPATIAL DIVISION MULTIPLEXING
Coriolis Networks, a start-up based in Boxborough, Mass., outlined its plans for an Optical Spatial Division Multiplexing (OSDM) architecture designed to provide the economies of over-subscription and statistical multiplexing in optical networks.   Coriolis will provide QoS-aware dynamic bandwidth management of optical infrastructure over geographically dispersed nodes.  The company said its platform could recover as much as 75% of stranded bandwidth in traditional SONET networks by making optimal use of the protection ring path and by partitioning bandwidth into arbitrary amounts. Specific product plans have not yet been disclosed. http://www.coriolisnet.com/about/press/press007.html
Coriolis Networks, September 18, 2000

  • Coriolis Networks is led by Robert L. Castle, formerly Chairman, CEO and President of VideoServer.  Founders include Hakim F. Dhilla (formerly with Fujitsu), Ibrahim (Ibi) F. Dhilla (Digital Equipment/Cabletron, Cascade/Ascend), Surya Kumar Kovvali (Digital/Cabletron), Ramji Raghavan (Digital/Cabletron) and Bruce Thompson (NexLAN and Digital). The company has raised $28.5 million to date from Bessemer Venture Partners, New Enterprise Associates and Columbia Capital and the Boston University Community Technology Fund.

ATRICA TARGETS OPTICAL ETHERNET, GAINS 3COM BACKING
Atrica Inc., a start-up developing equipment for metropolitan optical Ethernet, raised $16 million in first round financing from Accel Partners, Benchmark Capital and Innovacom, the venture capital arm of France Telecom.  Products plans have not yet been disclosed.  3Com provided seed funding earlier this year and 3Com Chairman Eric Benhamou will serve on its Advisory Board.  Atrica's senior management team also hails from 3Com, including Avinoam Rubinstain (CEO), Zvika Bronstein (Vice President of R&D) and Amir Lahat (Director of Systems Architecture).  Atrica is based in San Jose, California, with R&D operations in Israel.  http://www.atrica.com
Atrica, September 18, 2000

A NEW DRAFT SPECIFICATION FOR 1394-EQUIPPED "FIREWIRE" VEHICLES
The 1394 Trade Association and the IDB Forum (Intelligent Transportation System Data Bus) introduced a draft specification for connecting portable consumer electronics products - such as CD players, DVDs, games or computers – to their vehicles via 1394 "FireWire" interfaces.  The draft specification defines a complete 1394-based multimedia backbone that would enable manufacturers to embed audio and video capabilities into cars, trucks and other vehicles. The system topology consists of an embedded plastic optical fiber vehicle network, the embedded devices, one or more CCP interfaces, and the ability to attach hot-pluggable portable devices. The network would support products running at 100, 200 or 400 Mbps.  Video displays, navigation systems, radio head units (telematic devices) and other multimedia applications could also be attached to the in-vehicle network.  http://www.1394ta.org  http://www.idbforum.org
The 1394 Trade Association, September 18, 2000

IPG PHOTONICS RAISES $100 MILLION FOR EXPANSION IN COMPONENTS MANUFACTURING
IPG Photonics Corporation, a member of the IPG Group (formerly IRE-Polus Group), raised $80 million in venture funding and $20 million in new credit facilities for further expansion of its optical components business.  The IPG Group is an OEM supplier of high-power fiber amplifiers and lasers.  IPG Photonics is building a new manufacturing facility in Oxford, Mass. and a new assembly facility in Burbach, Germany.  http://www.ire-polusgroup.com/
IPG Photonics Corporation, September 18, 2000

NISHAN CLOSES $50 MILLION IN FUNDING FOR ITS IP-ENABLED SANS
Nishan Systems, a start-up developing IP-enabled storage area networks (SANs), secured $50 million in its third round of funding.  Strategic investors include Sun Microsystems, Dell Ventures, Siemens Venture Capital, Quantum Technology Ventures and other major storage, computer, and networking companies.  Venture capital investors are TPG-Comm Partners, ComVentures, Weiss, Peck & Greer Venture Partners, Raza Ventures, Sofinnova Ventures, Discovery Ventures, and Altos Ventures.  http://www.nishansystems.com
Nishan Systems, September 18, 2000

  • Nishan's forthcoming platform will enable existing storage system interfaces, such as SCSI, Fibre Channel, Fibre Channel Arbitrated Loop, and the forthcoming InfiniBand interface, to connect to the standard IP infrastructure. Nishan also plans to leverage existing networking standards, such as OSPF, MPLS, and SNMP, along with IP and Gigabit Ethernet.  Specific product plans have not yet been disclosed.  

  • Nishan Systems was founded in October 1998 and is led by Aamer Latif, who previously was President and CEO of Amati Communications, an early developer of ADSL.

BAY MICROSYSTEMS TARGETS NETWORK PROCESSORS FOR 10/20/40 GBPS
Bay Microsystems, a start-up based in Santa Clara, California, announced its entrance into the race for high-speed network processors with 10/20/40 Gbps line rate performance.  Bay's initial single chip solution will sustain guaranteed line rate performance of 10 Gbps.  Its silicon design will scale to 20 Gbps and 40 Gbps single chip solutions.  Delivery schedules were not specified.   http://www.baymicrosystems.com/
Bay Microsystems, September 18, 2000

  • Bay Microsystems is led by Rick Bleszynski, who previously was a founder at Softcom Microsystems in 1996.  Softcom developed a specialized GigaBlade network access processor designed to provide full OC-12 cell rate performance for 64 byte packets.  Intel acquired the company in July 1999 for an undisclosed sum. Bay Microsystems has received venture funding from Selby Venture Partners, Alliance Venture Partners and Needham Capital. 

AVANEX HIRES AGILENT EXEC AS PRESIDENT AND COO
Avanex named Paul R. Engle as its new President and Chief Operating Officer.  Engle previously served as vice president and general manager of the Fiber Optic Communications Division of Agilent Technologies.  Walter Alessandrini, who has served as President and Chief Executive Officer of Avanex since early 1999, has been elected Chairman of the Board and Chief Executive Officer of the company.  Avanex offers a line of photonic processors for adding capacity and functionality to optical networks.  http://www.avanex.com
Avanex, September 18, 2000

3M FORMS OPTICAL COMPONENTS PROGRAM
3M launched an optical components program to bring together its various efforts in the field.  Current product offerings include specialty optical fibers, Bragg gratings for optical amplification and filtering, as well as new dispersion compensation products introduced in August.   http://www.3M.com
3M, September 18, 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.