Thursday, July 26, 2007

Entropic Readies IPO -- In-home Networking Silicon

Entropic Communications, a supplier of silicon solutions for in-home networking, filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The offering is expected to include shares sold by Entropic and by certain of its stockholders.

Credit Suisse Securities (USA) LLC and Lehman Brothers Inc. will be acting as joint book-running managers of the proposed offering. In addition, Thomas Weisel Partners LLC, JMP Securities LLC and ThinkEquity Partners LLC will be acting as co-managers.
  • In June 2007, Entropic Communications introduced a new version of its c.LINK Coaxial Network Processor for home networking of digital entertainment. Entropic's solution uses existing coax cabling, found in more than 90 percent of all households in the U.S., for distribution of multiple high definition and standard definition video, digital voice and broadband data.

    Entropic said its latest chipset can sustain performance of 270 Mbps. It operates at RF frequencies between 850 to 1500 MHz, allowing coexistence with the frequencies used by wired delivery services. The EN2210 carries key protocols such as IEEE 1394 and Ethernet, the latter making for an easy transition to IP television. c.LINK is essentially IP over coax. It also has embedded all of the required yet still evolving digital rights management (DRM) formats and protocols.

    Entropic's c.LINK is the core technology behind the Multimedia over Coax Alliance (MoCA-TM) MAC/PHY 1.0 specification.

Qatar Telecom Deploys Huawei for Ethernet

Qatar Telecom (Qtel) has deployed Huawei Technologies' E60, Multi-Service Control Gateway (MSCG) as part of its full-service Ethernet network. Financial terms were not disclosed.

Blueslice HSS Completes Interoperability with Motorola IMS

Blueslice Networks, a start-up based in Montreal, has completed interoperability testing of its Home Subscriber Server 3000 with the Motorola IMS solution, including the Motorola Call Session Control Function (CSCF).

The Blueslice HSS 3000 integrates a next generation Home Location Register (HLR) with a Home Subscriber Server into a converged subscriber profile management database. It can be used to manage subscriber data from GSM, UMTS/HSPA, or any network providing access to IMS services, such as WiMAX, TISPAN-based fixed lines, and cable networks. The platform is integrated with a subscriber-centric Fixed Mobile Convergence solution, roaming features, a service profile creation toolkit, and a web craft interface (WebCI).

EC Approves Sale of Bulgarian Telecom to AIG Captia

The European Commission has cleared under the EU Merger Regulation the acquisition of Bulgarian Telecommunications Company by AIG Capital Partners. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
  • In May 2007, AIG Capital Partners announced plans to acquire up to a 65% equity stake in Bulgarian Telecommunications , the former state-owned incumbent, for approximately GBP 1 billion.

Yahoo! Appoints Telecom Exec to Board

Yahoo! has appointed Maggie Wilderotter to its Board of Directors. Wilderotter currently serves as chairman and chief executive officer of Citizens Communications. She previously was senior vice president of the worldwide public sector division at Microsoft and before that was CEO of Wink Communications Inc., executive vice president of national operations for AT&T Wireless Services and chief executive officer of AT&T's Aviation Communications Division. She also served as senior vice president of McCaw Cellular Communications Inc. and was a regional president managing the company's California, Nevada, and Hawaii regions.

Former Qwest CEO Gets Six Year Jail Sentence

Joseph P. Nacchio, 57, the former CEO of Qwest Communications International Inc., was sentenced to 6 years in prison for insider trading. Nacchio was also ordered to forfeit $52 million, pay a $19 million fine and serve two years of supervised release.
  • On April 19, 2007, a federal jury convicted Nacchio of 19 counts of insider trading, covering $52 million in stock sales. The conviction came after 15 days at trial and six days of deliberation. According to the indictment, Nacchio sold Qwest stock from January to September 2001 when he knew, but did not disclose publicly, that Qwest was unlikely to continue to meet its publicly announced earnings targets as that year progressed. In June 2002, Nacchio was forced to resign as CEO, when the companies financial troubles became apparent.

Bell Labs Veterans Awarded U.S. National Medal of Technology

Two Bell Labs veterans have been selected to receive the 2006 U.S. National Medal of Technology awards.

Dr.Herwig Kogelnik, currently Adjunct Photonics Systems Research Vice President at Alcatel-Lucent Bell Labs, is being honored for his pioneering contributions and leadership in the development of lasers, optoelectronics, integrated optics and lightwave communications systems. Kogelnik is the co-inventor of the distributed feedback laser, which is the light source for most optical communications systems. He also led the Bell Labs research team that developed the pioneering dense wave division multiplexing (DWDM) optical system. He is a 46-year veteran of Bell Labs.

Dr.James Edward West, currently Research Professor in the Department of Electrical and Computer Engineering at The Johns Hopkins University Whiting School of Engineering, Baltimore, is being recognized for co-inventing the electret microphone with Gerhard Sessler while working at the Bell Labs, one of over 200 patents that he received. Ninety percent of the 2 billion microphones produced annually and used in everyday items such as telephones, hearing aids, camcorders and multimedia computers employ electret technology.

Huawei Expands North American Executive Team

Huawei Technologies has appointed Jerry Prestinario to the position of Vice President of Technical Services Division for North America. Prestinario will have full responsibilities for all customer technical support and delivery services. Huawei's Technical Services Division (TSD) provides engineering services (including network planning, installation and optimization) and support services. Prior to joining Huawei, Prestinario served in leadership roles at several major telecommunications companies, including Lucent and AT&T, where he refined his expertise in customer support and service delivery.