Wednesday, September 10, 2003

Stratex Networks to Acquire Plessey Broadband Wireless

Stratex Networks agreed to acquire Plessey Broadband Wireless, a supplier of license-exempt, telecommunications-grade microwave transmission products, for $3 million in Stratex Networks' stock and up to $3 million in cash. Plessey Broadband Wireless is located in Cape Town, South Africa. Stratex Networks, which is based in San Jose, California, supplies wireless transmission solutions providers for worldwide mobile and broadband access communications networks. http://www.stratexnet.c...

Belgium's Telenet Selects Motorola's CMTS

Telenet, one of the leading broadband network operators in Belgium, selected the Motorola Broadband Services Router (BSR) 64000 CMTS for its ExpressNet project. Motorola's BSR 64000 is a carrier-class broadband services router and CMTS designed for large-scale deployment of EUR-DOCSIS 1.1/2.0 and PacketCable based services and applications. It includes MPLS and VPN capabilities for delivering commercial services. Telenet currently offers analog TV services to its 1,560,000 subscribers, as well as broadband Internet and telephony services to residential...

China Telecom Awards Billing and Customer Care to IBM/CSG

China Telecom has selected IBM and CSG Systems to build a billing system for Beijing Telecom to support its fixed line, advanced IP, high speed Internet and Leased Line services supporting up to 500,000 subscribers in Beijing. The billing solution will be developed around billing and data mediation solutions from CSG Systems and implemented on IBM hardware. In addition, IBM will work closely with Beijing Telecom on project management, IT infrastructure implementation of the billing system, along with payment system and network management system...

DARPA Selects IBM and Agilent for Optical Interconnect Research

IBM and Agilent Technologies were selected for a multi-year, $30 million project with the Defense Advanced Research Projects Agency (DARPA) to develop optical interconnects for use within servers. The companies noted that the total communications bandwidth inside servers has been increasing by roughly 10 times every four years due to increasing chip speeds and the number of processors per system. By 2010, this would require a bandwidth of about 40 terabits per second (Tbps) between microprocessors. The objective of the DARPA-sponsored project...

Atreus Secures $13 Million for Service Activation Software

Atreus Systems, a start-up based in Ottawa, Canada, raised $13.0 million in Series C venture financing for its software solutions for the creation and activation of IP network and application services. Atreus offers its "xAuthority" Service Fulfillment OSS Solution for wireline and wireless service providers, and its "xAuthority" Identity and Provisioning Solution for government and commercial enterprises. In the new funding round, Meritage Private Equity Funds, SAIC Venture Capital Corporation, and TELUS Ventures joined existing investors Aliant,...

Confluent Photonics Raises $3 Million for DWDM Chips

Confluent Photonics, a start-up based in Salem, New Hampshire, raised $3 million in Series B funding for its development of DWDM products for CATV and telecom carriers. Confluent Photonics Corporation was established in December 2000 as a developer of planar waveguide optical components based on silicon-on-insulator (SOI) semiconductor fabrication techniques. In 2002, Confluent Photonics added the Lightchip DWDM product line, through the acquisition of the business assets and the development team of Lightchip. InnoCal Venture Capital, Rustic...

Covad and AT&T Expand Bundled DSL and Voice Service

Covad Communications and AT&T began offering a bundled DSL and voice service for residential users in New Jersey, Maryland, Massachusetts and Virginia. Launched earlier this year in New York, AT&T plans to offer Covad's DSL service in all states where AT&T provides bundled local and long distance residential services. http://www.att.net/dslhttp://www.covad....