Xtera Communications, a start-up based in Allen, Texas, has acquired the assets of privately-held Metro-OptiX, another start-up located in the same region. Metro-OptiX had developed a bandwidth manager for optical edge TDM, ATM, IP and MPLS services. The company had garnered 15 customers and 18 lab trials prior to the acquisition. Xtera's Nu-Wave DWDM system is aimed at regional, long-haul and ultra-long-haul networks. Financial terms were not disclosed.
http://www.xtera.com
- In August 2003, Xtera Communications closed on $30 million of new financing for its Raman-based DWDM system.
