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OMM
DROPS PLANS FOR 3D ANALOG MEMS SWITCHES, CITING MARKET
FOR LARGE PHOTONIC SWITCHES
OMM,
a start-up pioneering optical switching based on arrays of
micro-mirrors, will discontinue development of large
port-count photonic cross-connect subsystems based on
analog MEMS technology (3D). The company will
instead increase its focus on mid-sized photonic
cross-connect subsystems based on digital MEMS (2D).
OMM attributed its decision to discontinue development of
3D rack-mounted subsystems on the lack of visible
near-term demand for such large port-count products.
Feedback from equipment manufacturers and network
operators indicates that the market for large port-count
photonic cross-connect subsystems will not materialize for
two years or more. The restructuring will include
layoffs of approximately 100 people. The company's
2D products are being shipped to 28 customers globally and
have already been integrated into field trial systems with
a number of network operators. http://www.omminc.com/news/press/072701.html
OMM,
July 27, 2001
- In
March, OMM withdrew its SEC registration statement for
a planned IPO, citing unfavorable market conditions.
- Last
August, OMM received $40 million from Alcatel, Siemens
and Sycamore Networks as part of a new round of
venture financing, bringing the total raised since the
Company's founding in 1997 to more than US$100
million.
VPACKET
RAISES $40 MILLION FOR CONVERGED VOICE/DATA BROADBAND
PLATFORM
Vpacket
Communications, a start-up based in Milpitas, California,
raised more than $40 million in its third round of
funding, bringing the total of investments to date to
nearly $60 million. Vpacket intends to use the funds
to extend its vision into metro networks with additional
next-generation network products. Investors include
NIF Ventures/Daiwa Securities Group, The GE Asia Pacific
Capital Technology Fund, the Intel Communications Fund and
New Enterprise Associates. http://www.vpacket.com
Vpacket,
July 27, 2001
- In
May, Vpacket introduced its enterprise-class 6100 Flex
series voice/data router, an IP-based platform for
providing converged services over T1/E1, Frame Relay,
SDSL and G.SHDSL interfaces. Vpacket’s 6100
voice/data router uses a high performance digital
signal processor (DSP) for measuring, testing and
supporting precise end-to-end VoIP quality and IP
Centrex features via third party softswitches and
media gateways. Vpacket’s voice quality
measurement algorithms provide end-to-end voice
quality measured in MOS (mean opinion score), which
the service provider can use to track and troubleshoot
the quality of customer voice-over-packet connections.
Vpacket’s voice/data device routes voice and data
traffic using class-based queuing and is designed to
support various packet voice standards including
H.323, MGCP and SIP. It also provides a backup
POTS port that can provide dial-out access to
emergency telephone services in the event of local
power loss.
- Vpacket
is headed by Abraham Wei, who previously served as
Ascend Communications’ Vice President of Worldwide
Sales Operations, and Vice President of Manufacturing
Operations.
COX
SELECTS NETSCREEN SECURITY FOR HIGH-SPEED COMMERCIAL
INTERNET SERVICE
Cox
Business Services, the commercial broadband division of
Atlanta-based Cox Communications, will use NetScreen
Technologies’ ASIC-based integrated security devices as
part of its new high-speed commercial Internet service.
Cox Business Services has already implemented more than
3,000 NetScreen-5s to provide security for its existing
data products. Cox is utilizing the Network Address
Translation (NAT) functionality of the NetScreen devices
to network multiple users in a secure environment.
Financial terms were not disclosed. http://www.netscreen.com
NetScreen Technologies,
July 30, 2001
CISCO
TO ACQUIRE ALLEGRO SYSTEMS FOR VPN ACCELERATION TECHNOLOGY
Cisco
Systems agreed to acquire Allegro Systems, a developer of
Virtual Private Network (VPN) acceleration technologies,
for up to $181 million in stock. Allegro was founded
in August 2000 and has not yet announced any product
plans. Cisco said the acquisition would enhance its
existing VPN and security solutions with added performance
capabilities. Allegro Systems has 39 employees and
is based in Milpitas, California. http://www.cisco.com
http://www.allegrosys.com/
Cisco Systems, July 27, 2001
- Allegro
Systems was founded in August 2000 and is led by Mano
Murthy (CEO) and Ashwath Nagaraj (CTO).
GROUPE
CEGETEL SELECTS NOKIA FOR 3G CORE AND RADIO ACCESS NETWORK
Groupe
Cegetel, the second largest telecommunications operator in
France, selected Nokia to deliver a 3G solution, including
both core and radio-access equipment. Group
Cegetel’s SFR mobile network currently has more than 11
million subscribers. Financial terms were not
disclosed. http://press.nokia.com/PR/200107/828382_5.html
Nokia,
July 27, 2001
LIGHT
MANAGEMENT GROUP NAMES CEO, TARGETS ACOUSTO-OPTICAL
SWITCHING
Light
Management Group, a start-up developing acoustic-optical
switching technology, named Dr. Donald J. Iwacha as its
new CEO, replacing Barrington L. Simon, who remains as
Chairman. Prior to his work at Light Management
Group, Dr. Iwacha operated as Product Development Manager
in Canada for algroup lawson mardon. http://www.lightmanagementgroup.com/
Light
Management Group, July 27, 2001
- LMG
claims its acoustic-optic switch operates at a speed
of less than 5 microseconds, representing a 1,000-fold
advantage over today’s Micro Electrical Mechanical
Systems (MEMS) technology. The design uses sound
waves to change the paths of light waves through a
switch.
NORTEL
WINS US$250 MILLION IN GSM AWARDS FROM TAIWAN’S CHUNGHWA
TELECOM
Nortel
Networks announced contracts valued at up to US$250
million to supply wireless infrastructure equipment to
Chunghwa Telecom, the incumbent service provider in
Taiwan. The contracts include Nortel Networks’ GSM
Gateway Mobile Switching Centers. Chunghwa Telecom
operates a nationwide, dual mode GSM network, combining
the coverage of GSM 900 with the capacity of GSM 1800.
http://www.nortelnetworks.com
Nortel
Networks, July 30, 2001
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