C-COR.net Corp. agreed to acquire Stargus, a privately-held develop of OSS solutions, for $17 million in cash. Stargus, which is based in Andover, Massachusetts, provides network and service management solutions, including network optimization, subscriber usage reporting, and capacity planning, specifically designed for cable broadband networks. Stargus systems currently are in use managing over 5 million DOCSIS devices worldwide.
Commenting on the proposed acquisition, C-COR Chairman and CEO David Woodle stated, "Stargus would have a strong positive impact on our standing as a top OSS provider to the broadband industry. Even more significantly, however, this and our other recent acquisitions contribute important components to our multi-dimensional strategy of offering transport products overlaid by management software and technical services for the all-digital, on-demand, IP networks of the future. http://www.c-cor.net
- In April 2004, C-COR.net announced plans to acquire all of the assets of Lantern Communications, a start-up developing metro optical packet-based transport solutions. Financial terms were not disclosed. Lantern Communications, which is based in Sunnyvale, California, offers a Metro Packet Switch (MSP) system that incorporates advanced bandwidth management and QoS techniques to enable the delivery of deterministic services over an all packet edge infrastructure.
