1. New Resilient Packet Ring Alliance Targets Metro Fiber Networks
2. Level 3 and SBC Reach Agreement on Inter-Carrier Compensation for ISP Traffic
3. WorldCom Rolls Out IP VPN and MPLS-powered Private IP
4. MFN to Resell Cisco's DWDM Equipment for Enterprise Applications
5. AXSUN Technologies Raises $111 million for Photonic Subsystems
6. Molecular OptoElectronics Corporation Secures $20 million in venture funding
7. Allegro Networks Names Dave House Chairman, President & CEO
8. Time Warner Telecom First to Deploy Lucent's 160 Channel Capable DWDM Platform
9. BT Ignite Content Hosting Equips Data Centers with Sun Servers
10. Alcatel Space to Offer VSAT Systems for Satellite Multicasting
11. Aperto Networks Launches Field Trials of its 5GHz Point-to-Multipoint Fixed Wireless
12. Truesan Networks Secures $30 Million for Massively Scalable, Modular Storage Architecture
13. Redback Networks Reports Q4 Revenue of $114.6 Million, up 42% over Q3

NEW RESILIENT PACKET RING ALLIANCE TARGETS METRO FIBER NETWORKS
Cisco Systems, Dynarc Inc., Lantern Communications, Luminous Networks and Nortel Networks formed an alliance to support the standardization and market adoption of Resilient Packet Ring (RPR) technology for metropolitan fiber networks.  Resilient Packet Ring technology, which is being standardized by a new IEEE working group, 802.17, provides high-speed, survivable ring networks optimized for IP and other packet data. The RPR Alliance will support the IEEE standardization efforts by promoting industry cooperation and facilitating multi-vendor interoperability.  The group is open to all interested vendors and service providers.  http://www.rpralliance.org
The RPR Alliance, January 17, 2001

LEVEL 3 AND SBC REACH AGREEMENT ON INTER-CARRIER COMPENSATION FOR ISP TRAFFIC
Level 3 Communications and SBC Communications announced an agreement that establishes new inter-carrier or "reciprocal compensation" rates for local and ISP-bound traffic exchanged by the two companies.  Level 3 said the agreement is important because it creates a rate structure wherein intercarrier compensation payments, whether for local traffic or access charges, approximate cost.  The 13-state agreement establishes two levels of compensation for local and ISP bound traffic exchanged by the companies through May 2003. For in-balance traffic, the average rate is .0032 cents per minute throughout the life of the agreement. In-balance traffic is defined as traffic below a 3-to-1 ratio of originating to terminating traffic. For traffic that is out of balance, or exceeds the ratio, the average rate is .0018 cents per minute of use, retroactive to Sept. 1, 2000, and declines to an average of .00101 by June 1, 2002.   http://www.level3.com/us/news/newsreleases/0,1345,20010117,00.html
Level 3, January 17, 2001

WORLDCOM ROLLS OUT IP VPN AND MPLS-POWERED PRIVATE IP
WorldCom announced two new services targeted at global e-businesses.  A new WorldCom IP VPN service provides secure dial and dedicated Virtual Private Network (VPN) service in 23 countries.  A new WorldCom Private IP service unlocks new e-applications for traditional data users through the company’s IP-enabled global networks using MPLS technology.   Private IP is available in all countries where WorldCom offers Frame Relay (45 countries) and ATM (22 countries).  http://www.worldcom.com/about_the_company/press_releases/display.phtml?cr/20010117
WorldCom, January 17, 2001

MFN TO RESELL CISCO'S DWDM EQUIPMENT FOR ENTERPRISE APPLICATIONS
Metromedia Fiber Network (MFN) agreed to resell Cisco Systems' DWDM equipment as part of its WaveChannel Optical Network service. MFN offers enterprise customers a fully integrated and managed, building-to-building, dedicated fiber-optic network using their choice of optical equipment.  The enterprise service supports advanced applications, such as storage area networks (SAN), data mirroring, disaster recovery, data warehousing and sophisticated high-resolution video networks, using ESCON, HDTV, Fibre Channel, SONET and ATM.  The MFN/Cisco offering will start with the 32-channel Cisco Metro 1500 Series platform.  http://www.mmfn.com/ 
Metromedia Fiber Network, January 17, 2001

AXSUN TECHNOLOGIES RAISES $111 MILLION FOR PHOTONIC SUBSYSTEMS
AXSUN Technologies, a developer of a photonic packaging platform capable of integrating a variety of optical devices, has raised $101 million of equity and $10 million of debt financing.  The company’s platform creates hybrid photonic products using an integration platform that enables DWDM equipment suppliers to create smaller, less expensive photonic subsystems with lower power requirements.  AXSUN’s first product is a business-card-sized Optical Channel Monitor.  The company is also offering OEM component packaging to third parties.  Investors include OppenheimerFunds, the Scudder Technology Innovation Fund, the Dreyfus Premier NexTech Fund, Agilent Technologies, Amerindo Investment Advisors, Analog Devices, Deutsche Banc Alex. Brown, Wit Soundview, Vantage Point Venture Partners, Goldman Sachs, Ray Stata, Pivotal Asset Management, Prism Venture Partners, and Bowman Capital Management.  Silicon Valley Bank provided a $10 million capital equipment loan.  AXSUN is headquartered in Billerica, Mass., and has a second manufacturing facility in Livermore, Calif.  http://www.axsun.com/news/home.htm
AXSUN, January 15, 2001

  • The AXSUN Packaging Platform combines Micro-Optics lens technology, and micro-alignment structures with a scalable, automated assembly process to create “Agile Photonic Subsystems.”  AXSUN says that these Agile Photonic Subsystems will produce higher levels of performance and functional density while consuming less materials, labor, power and space than bulk optical solutions.
  • AXSUN was founded in 1999 by Dale C. Flanders, Ph.D., who was previously CTO of Cabletron and a researcher at Bell Labs and MIT's Lincoln Laboratory, and James G. Lewis and Peter S. Whitney, Ph.D., who were also with Cabletron.  The company has raised a total of $157 million in financing since its inception.

MOLECULAR OPTOELECTRONICS CORPORATION SECURES $20 MILLION IN VENTURE FUNDING
Molecular OptoElectronics Corporation (MOEC) has raised $20 million in second round equity financing.  MOEC is developing a variety of optical components, including fiber optic variable attenuators, safety shutters, power control modules, and waveguide optical amplifiers.  The investment was made by Lehman Brothers Venture Partners, Epoch Partners, and Intel Capital.  MOEC was formed in 1993.  http://www.moec.com/
MOEC,
January 16, 2001

ALLEGRO NETWORKS NAMES DAVE HOUSE CHAIRMAN, PRESIDENT & CEO 
Allegro Networks has named Dave House as Chairman, President and CEO.  Allegro is developing a new router platform targeted at facilities-based providers, hosting operators, and ISPs.  House previously headed Intel’s Microcomputer Group, and was CEO of Bay Networks and President of Nortel.  P.J. Singh, one of the founders and acting-CEO of Allegro Networks will serve as the company’s chief technology officer.  http://www.allegronetworks.com/press_pr17jan01.html
Allegro Networks,
January 17, 2001

  • Allegro was founded by P.J. Singh, a founder and VP of Engineering for Packet Engines, which was acquired by Alcatel, and Shekar Nair, principal software architect at Xylan, which was also acquired by Alcatel.
  • The San Jose, Calif. based company has received $24 million in financing from Bessemer Venture Partners, Columbia Capital, and Infinity Capital.
  • House sits on the board of directors of VillaMontage Systems, Salira Optical Networks, and mDiversity.

TIME WARNER TELECOM FIRST TO DEPLOY LUCENT'S 160 CHANNEL CAPABLE DWDM PLATFORM
Time Warner Telecom will be the first carrier to deploy Lucent Technologies' latest OLS 1.6T DWDM system, which offers up to 1.6 Tbps capacity per fiber by supporting up to 160 channels of 10 Gbps traffic.  Initially, Lucent is delivering and installing the system with the capacity of 800 Gbps.  The three-year agreement is valued at up to $100 million
http://www.lucent.com/press/0101/010117.nsa.html
Lucent Technologies, January 17, 2001

BT IGNITE CONTENT HOSTING EQUIPS DATA CENTERS WITH SUN SERVERS
BT Ignite Content Hosting selected Sun Microsystems as the sole supplier of Unix-based servers for its new European Internet data centers.  The company has purchased $20 million in servers thus far, and plans to expand its commitment over the next several years.  The data centers are currently in 9 European countries including the UK, Ireland, Netherlands, Germany, Spain, Italy, Switzerland, Belgium and Sweden.  http://www.sun.com/smi/Press/sunflash/2001-01/sunflash.20010117.6.html 
Sun MicroSystems, January 17, 2001

  • BT, AT&T and Concert have previously disclosed plans to jointly invest approximately $2 billion over the next two years to develop a network of 44 Internet data centers in 16 countries

ALCATEL SPACE TO OFFER VSAT SYSTEMS FOR SATELLITE MULTICASTING
Alcatel Space will integrate and resell VSAT products from STM Wireless into its range of carrier grade systems and software in order to offer satellite broadband solutions to service providers using current satellites and the emerging Ka-band systems.  The companies said the use of satellites for multicasting Internet content has created new demand for two-way VSAT systems compatible with DVB standards.  http://www.alcatel.com/space/
Alcatel Space, January 17, 2001

APERTO NETWORKS LAUNCHES FIELD TRIALS OF ITS 5GHZ POINT-TO-MULTIPOINT FIXED WIRELESS
Aperto Networks, a start-up developing a fixed broadband wireless access system for the unlicensed 5 GHz U-NII frequency spectrum, announced its first alpha trial in a northern California carrier network.  Aperto's system uses adaptive Time Division Duplexing (TDD) and provides the flexibility to operate in a single 6 MHz channel anywhere in the spectrum with data rates up to 20 Mbps. Aperto leverages a dynamic TDMA protocol, with embedded QoS and prioritization provisions, that enables the upstream and downstream bandwidth allocation to be dynamically adjusted to accommodate changes in traffic patterns.  The company said its current field testing involves real-world conditions such as variable equipment configurations, line-of-sight (LOS), obstructed line-of-sight (OLOS) and non-line-of-sight (NLOS) locations, light-to-heavily loaded network traffic, symmetrical voice, data and video transmissions, and variable cell radii.
  Aperto is based in Milpitas, California.   http://www.apertonetworks.com/
Aperto Networks, January 17, 2001

  • Aperto Networks is headed by Dr. Reza Ahy, who previously held executive and technical senior management positions with Harris Corporation, Varian Research Center and RadioLAN.  The company's technical team is led by Dr. Subir Varma, who previously was Director of Systems Architecture at Hybrid Networks, where he was responsible for its MMDS system.
  • In October, Aperto Networks secured $26 million in second round funding from Alliance Ventures, Tyco Ventures, Ridgewood Capital, Satwik Ventures, DMC Stratex Networks, Oki Electric Industry Company, Mitsubishi International Corporation and Redwood Ventures.

TRUESAN NETWORKS SECURES $30 MILLION FOR MASSIVELY SCALABLE, MODULAR STORAGE ARCHITECTURE
TrueSAN Networks, a start-up based in San Jose, California, secured $30 million in second round venture funding for its work on developing scalable and flexible storage solutions.  Investors include the Woodside Fund, Merrill Lynch, QLogic Corporation, JT Venture Partners, Credit Suisse First Boston, Spring Creek Partners and Finisar Corporation.
  http://www.truesan.com/
TrueSAN Networks, January 17, 2001

  • TrueSAN's architecture features a distributed and parallel design capable of delivering up to 128GB/sec of non-blocking bandwidth, 32GB of cache, and up to 50TB of storage capacity on a single system.  TrueSAN will use a pool of high-performance Fibre Channel disk storage modules with embedded hardware RAID functionality interconnected through a MetaFabric subsystem. The platform will incorporate storage virtualization, snapshot copy, and active resource management as standard features.  Outgoing connections will include Fibre Channel, ATM and WDM optical.

REDBACK REPORTS Q4 REVENUE OF $114.6 MILLION, UP 42% OVER Q3
Redback Networks reported Q4 revenues of $114.6 million, up 42% over Q3.  Pro forma net income for the fourth quarter of 2000 was $7.8 million or $0.05 per share diluted.  http://www.redback.com/
Redback Networks, January 17, 2001

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