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ONI
SYSTEMS INTRODUCES MANAGEMENT PORTAL FOR VIRTUAL PRIVATE OPTICAL
NETWORKS
ONI Systems introduced a
portal application that enables carriers to provide self-service
management of leased Virtual Private Optical Network (VPON)
services over the Web using its metro/regional optical transport
platform. The OPTX
Management Portal allows customers to dynamically activate, groom
and monitor wavelength, SONET/SDH,
and data services. The list of features includes the ability to
view and generate performance monitoring (PM) reports in real-time
to validate Service Level Agreements (SLAs).
ONI Systems said its customer network management (CNM)
application could be used for highly differentiated revenue
generating VPON services. Customers
include Sphera Optical Networks, a service provider headquartered
in New York City. http://www.oni.com/
ONI Systems, February 15, 2001
CERAGON
NETWORKS UNVEILS GIGABIT ETHERNET WIRELESS PLATFORM
Ceragon Networks
unveiled a point-to-point, high-frequency Gigabit
Ethernet
wireless system operating across the 18, 23, 26, 28, 29, 31 and 38
GHz frequency bands. Ceragon's
FibeAir 10000, which is designed for campus or metropolitan area
applications, offers a single port connection to Gigabit Ethernet,
or provisioning for up to 8x100Base-T Fast Ethernet connections.
http://www.ceragon.com/
Ceragon Networks, February 15, 2001
COMSTELLAR
SIGNS UMC AS STRATEGIC FAB FOR ITS SILICON START-UPS
United Microelectronics
Corporation of Taiwan will provide foundry capacity and technical
assistance to Comstellar Technologies for manufacturing its next
generation communications chips.
Members of Comstellar's Components & Subsystems Group
include: Kromos Technology, a developer of next-generation DSP
solutions; RealChip, a provider of system-on-chip (SoC) products
for media-over-packet applications; Axcel Photonics, a provider of
pump laser diodes; and other yet-to-be announced wireless and
optical communications technology companies. http://www.comstellar.com
Comstellar Technologies,
February 15, 2001
- Comstellar is an incubator that
establishes, funds and operates a group of independent
communications infrastructure start-ups.
Comstellar focuses on developing core
"disruptive" technologies that dramatically improve
the capabilities of the communications network.
- Comstellar is led by Sanjiv
Ahuja (CEO), who is the former President and Chief Operating
Officer of Telcordia Technologies.
The team also consists of Raj Parekh as CTO and
Chairman of the Board (formerly Vice President of Engineering
and Chief Technology Officer with Sun Microsystems); Raj Singh
as President (a founder of StratumOne Communications and
Fiberlane); Jack Skydel as VP of Business Development
(formerly Managing Director of Lehman Brothers Global
Technology Group); and Paul Kothari as CFO (formerly CFO of
TheStreet.com).
SILICON
ACCESS NETWORKS OFFERS TOOLS FOR 10 GBPS SYSTEM ARCHITECTS
Silicon Access
Networks, a start-up based in Ottawa and San Jose, introduced a
programming environment and reference software for helping
developers and system architects of 10 Gbps products.
The product allows system developers to write, test and
debug proprietary packet-processing code for routers and switches
at 10 Gbps rates, enabling them to analyze chipset performance
under various network stresses and traffic patterns prior to
hardware availability. http://www.siliconaccess.com/news/ipeirsavail.html
Silicon Access Networks, February 15, 2001
BTI
PHOTONICS SECURES CDN$9.5 MILLION IN FUNDING FOR OPTICAL MODULE
MANUFACTURING
BTI Photonics, a
start-up based in Ottawa, Canada, secured CDN $9.5 million in new
funding for its development of modules and advanced components for
the DWDM market in both the long-haul and metro applications.
BTI, which had been working on fiber-optic network test
equipment, has shifted its focus to manufacturing erbium-doped
fiber amplifiers (EDFAs) and fiber Bragg gratings (FBGs).
Investors include BCE Capital, Lucent Venture Partners,
Primaxis Technology Ventures, Kodiak Venture Partners and Purple
Angel, an angel investor group consisting mostly of former Nortel
executives. http://www.btiphotonics.com/
BTI Photonics, February 15, 2001
ANDES
NETWORKS TARGETS SSL ACCELERATION PLATFORMS
Andes Networks, a
start-up based in Mountain View, California, announced plans to
develop next generation SSL acceleration platforms.
Andes' forthcoming products are being designed to deliver
secure Web content, applications, and
transactions with up to 10,000% performance improvements over
legacy architectures. The
architecture will support 2,500 – 500,000 SSL new client
sessions per second and hundreds of thousands of simultaneous
users, while processing data at line rates.
Andes will use an ultra high-speed ASIC that implements RSA
math operations. The
company has raised $22 million in second round funding from
VantagePoint Venture Partners, Sun Microsystems, Infinity Capital
and PacRim Venture Partners. http://www.andesnetworks.com
Andes Networks, February
12, 2001
- Andes
Networks believes that 100% of all web traffic will be
encrypted within five years, compared to 4-5% today.
- Andes
Networks is headed by Paul Gordon, who formerly served as
director and senior sales executive at RSA Data Security.
Its technical team is led by Dr. Guillermo Maturana,
who led the design of the UltraSPARC at Sun Microsystems and
co-founded Radiant Design Systems, and Glen Anderson, who was
also part of the original UltraSPARC-I design team at Sun.
EX-PROMINET/LUCENT
EXECS FORM NAUTICUS NETWORKS
Nauticus Networks, a start-up based in Framingham, Mass.,
secured $12.5 million in first round funding for development of
Internet infrastructure products.
Product plans have not been disclosed.
Investors include Charles River Ventures, Matrix Partners
and North Bridge Venture Partners.
http://www.nauticusnet.com
Nauticus Networks, February 12, 2001
- Nauticus was co-founded by Joshua
Weiss, formerly Vice President and General
Manager of the LAN Systems Group of Lucent Technologies where
he was responsible for the Cajun P550/P880 products; Stephen
Metzger, formerly co-founder and Director of
Hardware Engineering for Prominet (acquired by Lucent); Brian
Ramelson, formerly co-founder and System
Architect for Prominet; and Paul
Phillips, formerly Software Systems Architect
for Prominet.
CIENA
BEATS EARNINGS EXPECTATIONS, SEES STRONG GROWTH AHEAD
CIENA reported
quarterly revenue of $352.0
million, up 22% over the prior quarter and up 130% over the same
period last year. Net
income was $54.1 million, or $0.18 per diluted share.
CIENA said
it continues to see robust growth opportunities for its optical
networking products and that it maintains good order visibility
despite an otherwise uncertain carrier spending environment.
http://www.ciena.com/news/archive/2001/02/02.15.2001.html
CIENA, February 15, 2001
NORTEL
NETWORKS TRIMS GROWTH FORECASTS, CITES US SLOWDOWN
Nortel
Networks said it is experiencing longer than expected
spending delays from its US customers and that it now expects the
slowdown to continue well into the fourth quarter of 2001.
Nortel forecasts slower overall market growth of
approximately 10% in 2001, but it hopes to continue to grow
revenues faster than the overall market growth rate.
Continued growth in Europe and in the Asia Pacific and
Latin America regions partially offsets the US slowdown.
However, Nortel Networks plans further streamlining of its
own operations, including a reduction in 2001 of approximately
10,000 employees, of whom 6,000 have already been addressed.
http://www.nortelnetworks.com
Nortel
Networks, February 15, 2001
GLOBAL
CROSSING COMPLETES 85% OF FIBER MILES, REAFFIRMS CAPITAL SPENDING
AT $5 BILLION
The
Global Crossing network is now approximately 85% complete in terms
of fiber route miles. The
company will have more than 100,000 route miles, serving five
continents, 27 countries and more than 200 major cities by the
middle of the year. For
its metro fiber roll-out, Global Crossing has completed rings in
10 US cities, 4 European cities and 3 Asian cities.
During the quarter, Global Crossing completed the first
phase of its migration to a next-generation voice-over-IP (VoIP)
network by initiating service in 23 core VoIP gateway centers
worldwide. The
company expects to have most of its new international backbone
voice traffic on the VoIP network by the end of 2001. Global
Crossing has also de-emphasized service offerings to the small and
medium enterprise (SME) business segment in North America and the
UK, and has discontinued its ILEC operations.
The company reaffirmed previously announced revenue
projections for 2001, specifically forecasting cash revenue of
$7.1-$7.3 billion, up 33%-37% over 2000.
Global
Crossing also reaffirmed its 2001 capital spending plan of approximately
$5 billion.
http://www.globalcrossing.com/pressreleases/pr_021401.htm
Global Crossing, February
14, 2001
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