• In June, Crossbeam Systems announced a strategic partnership with Check Point Software Technologies Ltd. 
   

• In June, Crossbeam Systems closed its second round funding led by Commonwealth Capital Ventures, along with existing investors Matrix Partners, North Bridge Venture Partners and Charles River Ventures, bringing the total investment in the company to more than $30 million.
   

• Crossbeam Systems is headed by Stephen Justus, who most recently was Vice President and General Manager of Xylan's Service Provider business.  Before that, Mr. Justus was responsible for the WAN product line at Bay Networks.

TELIGENT FINDS BUYER FOR ITS CORE FIXED WIRELESS NETWORK
Teligent, which voluntarily filed for Chapter 11 bankruptcy protection in May, found a buyer for its core domestic fixed wireless business and assets.  The deal might ensure funding for current operations in 11 markets.  The unnamed buyer has agreed to pay in excess of $115 million, subject to the completion of financing.  Teligent is now seeking permission from the US Bankruptcy Court in New York for permission to conduct an auction of the company's core business or assets with the potential acquirer as the initial bidder, subject to higher and better offers.  http://www.teligent.com/ 
Teligent, August 24, 2001

• Teligent’s total number of on-net buildings at the end of 2000 was 4,469, of which more than 60% were equipped with fixed wireless.  During Q4 2000, Teligent added 327 on-net buildings of which 90% were wireless connections.  The company is based in Vienna, Virginia.
   
• Teligent delivers fixed wireless services by installing small antennas on the roofs of customer buildings.  The digitized traffic is transmitted to a base station antenna on another building, usually less than 3 miles away.  Each base station antenna gathers signals from a cluster of surrounding customer buildings, aggregates the signals and then routes them to a broadband switching center.

WILLIAMS TO CARRY LIVE BROADCAST CONTENT FOR NFL FILMS
Williams Communications, through its Vyvx Broadband Media unit, was awarded a five-year, multi-million contract to carry live broadcast content of every NFL game over its fiber network to NFL Films' headquarters in Mt. Laurel, New Jersey.  In addition, Williams Communications will continue to provide broadcast transmission services for the majority of NFL game telecasts.
http://www.williamscommunications.com/newsroom/newsreleases/2001/082301.html
Williams, August 23, 2001

COGNIGINE RAISES ADDITIONAL FUNDS FOR ITS 10 GBPS NETWORK PROCESSOR WORK
Cognigine Corporation, a start-up based in Fremont, California, announced $8 million in new financing, enabling the company to close its second round of venture capital funding at $22.5 million.  Cognigine is developing a single chip network processor for OC-192 and 10 Gigabit Ethernet applications.  Investors include Draper Fisher Jurvetson, Lucent Venture Partners, Wasserstein Ventures, VantagePoint Venture Partners, and Wasatch Venture Fund.  http://www.cognigine.com 
Cognigine, August 24, 2001

• In June, Cognigine outlined its plans for a fully programmable, single-chip network processor architecture designed to provide streaming data processing and scalability to 40 Gbps and beyond.  Cognigine’s multi-processor architecture incorporates a multi-issue communications-specific processor core, high-speed on-chip switch fabric interconnect, and an innovative variable instruction set capability.  The distributed multi-processor architecture is built around processor cores, which are optimized for networking tasks and streaming data applications.  One of Cognigine’s key design elements is the use of an Instruction Dictionary that stores the VISC (Variable Instruction Set Communications) code that expands the range of functions that a single instruction can perform.  Cognigine’s first network processor will deliver full duplex, 10 Gbps and integrate all fast-path processing functions between the framer and the fabric interface.  The chip is expected to sample in Q4. 
   
• Cognigine was founded by Rupan Roy (Chairman and CTO), who previously held management and engineering positions at IMP and Chips and Technologies.

NEXTNET DEVELOPS OFDM-BASED ASIC FOR NON-LOS BROADBAND WIRELESS
NextNet Wireless, a start-up based in Minneapolis, Minnesota, announced an OFDM-based ASIC designed for non-line-of-site (LOS) broadband access.  The company is developing its own broadband wireless access system for MMDS (2.5 to 2.686 GHz) service providers.  The system will use a patented air interface and MAC architecture.  NextNet expects its first platforms to ship in Q3.   http://www.nextnetwireless.com/
NextNet Wireless, August 24, 2001

• NextNet Wireless was founded in 1998.  Its primary investors include Cabletron Systems, DCM-Doll Capital Management, JAFCO Ventures, Star Ventures, ZAMBA and others.

FUJITSU QUANTUM DEVICES AND NORTEL AGREE ON SPECS FOR 10 GBPS RECEIVERS
Nortel Networks and Fujitsu Quantum Devices agreed to build 10 Gbps optical receivers conforming to a common specification.  The agreement provides the industry with two sources for 10 Gbps receiver modules with a common package outline, pin assignment, and shape of high-speed signal input/output.  Sample products are expected to be available in October 2001, and volume production is expected to start in January 2002.
http://www.nortelnetworks.com/corporate/news/newsreleases/2001c/08_23_0101548_fujitsu.html
Nortel Networks, August 24, 2001

TAIWAN’S KG TELECOM LAUNCHES I-MODE SERVICE
KG Telecom of Taiwan launched a GPRS service in partnership with NTT DoCoMo.  The i-mode like service is priced at NT$450 (US$13) for unlimited monthly usage.  http://www.kgt.com.tw/ 
KG Telecom, August 22, 2001

• As of August 20, NTT DoCoMo had 26,599,000 i-mode subscribers in Japan.