Monday, June 28, 2004

Navini Raises $30 Million for Broadband Wireless Access

Navini Networks, a start-up based in Richardson, Texas, secured an additional $30 million in Series D funding for its non-line-of-sight, wireless broadband technology. Navini recently announced the expansion and opening of an office in China. The new funding round was led by Lehman Brothers Venture Partners and include existing Navini venture investors Austin Ventures, Granite Ventures, Sequoia Capital and Sternhill Partners. Navini has now raised $115 million to date. http://www.navini.c...

Broadcom Offers Single Chip 802.11g Client/Router

Broadcom announced a new single-chip wireless LAN solution that it describes as the smallest and most cost-effective IEEE 802.11g solution on the market. The AirForce One 54g solution incorporates a high-performance 2.4 GHz radio, 802.11a/g baseband processor, medium access controller (MAC) and other radio components, reducing the size of typical Wi-Fi modules by 72%. The new chip features built-in interfaces to GPRS, GSM and Bluetooth, which enables it to be used multi-band (WAN/PAN) devices such as smart phones,http://broadcom....

NTELOS Upgrades Optical Transport with Tellabs

NTELOS, an integrated communications provider that operates in the mid-Atlantic region, is deploying the Tellabs 5500 NGX transport switch, the Tellabs 7120 NGX advanced transport node and the Tellabs 5320/L digital cross-connect. The equipment will be used for high-density bandwidth management and grooming. The Tellabs 5500 NGX transport switch is a metro edge device that integrates highly-scalable VT/STS (virtual tributary/synchronous transport signal) and M13 cross-connect technology, SONET transport, and highly-efficient data transport for...

Tektronix to Acquire Inet for Communications Software

Tektronix has agreed to acquire Inet Technologies, a provider of communications software, for approximately $12.50 per share consisting of $6.25 per share in cash and approximately $6.25 per share in Tektronix' stock. After adjusting for Inet's $172 million cash balance as of March 31, 2004, the net purchase price is approximately $325 million. Inet's products address next-generation networks, including 2.5G and 3G mobile data and voice-over-packet, and traditional networks. The company's "Unified Assurance" Solution and its diagnostics products...

3Com Commemorates 25th Anniversary

3Com Corporation is celebrating its 25th year in operations. The occasion also marks the one-year anniversary since it moved from Santa Clara, California to Marlborough, Massachusetts. http://www.3com....

BigBand Closes CUDA Acquisition, Raises $25 Million

BigBand Networks closed its acquisition of the IP Cable Business Unit of ADC Telecommunications, including the Cuda and FastFlow product lines. The company also announced that it has completed a $25 million funding round. The financing brings the total amount of venture capital raised by BigBand Networks to more than $100 million. Investors included Charles River Ventures, Evergreen Investments, Meritech Capital Partners, Pilot House Ventures, Redpoint Ventures and Time Warner Ventures. With closure of the acquisition, BigBand's product portfolio...

Juniper Delivers IPv6 VPN / Security Solution

Juniper Networks announced availability of its NetScreen ScreenOS, the company's standard security products operating system, with production-ready support for IPv6. The IPv6-enabled ScreenOS provides IPv6 support for both stateful inspection firewall and IPSec virtual private network (VPN) capabilities for the NetScreen-5XT, -204, -208, -500 and -5200 appliances and systems, an industry first according to the company. It also complements Juniper Networks' other IPv6-enabled networking products. http://www.juniper....

Alcatel Shanghai Bell Secures US$500M Export Loan

Alcatel Shanghai Bell, has secured a US$ 500 million buyer's credit loan through the China Export Import Bank (China Eximbank). The loan will facilitate the company's export of telecom solutions, voice and data network components, and overseas investment. Alcatel Shanghai Bell, which is already a leading telecom solutions supplier in China, has recently announced a series of customer wins in Africa. http://www.alcatel....

Infineon Appoints New Head for Wireline Group

Infineon Technologies appointed Professor Hermann Eul to take over the helm of its Wireline Communications Business Group, replacing Thomas Seifert. Dr. Eul began his professional career with Siemens AG in 1991 after completing his studies in electrical engineering, joining the company's Telecommunications Infrastructure Division. http://www.infineon....

Cisco to Acquire Actona for Enterprise WAN Link Caching

Cisco Systems agreed to acquire Actona Technologies, a start-up developing software that facilitates data management across geographically distributed offices, for approximately $82 million in cash. The Actona ActaStor file caching solution enables storage consolidation across the WAN. The file caching system utilizes sophisticated caching, compression and network optimization techniques to ensure efficient operation of standard file system protocols (Windows/CIFS, Unix/NFS) over low bandwidth, high latency network links. Cisco currently offers...

Kingston Deploys Marconi's Softswitch

Kingston Communications has deployed eight fully-configured Marconi SoftSwitches, providing the foundation of a next-generation network while supporting its existing voice and Virtual Private Network (VPN) business. Kingston's SoftSwitch network consists of eight platforms connected in a meshed configuration but located in separate geographical zones to improve security and reliability. Initially, the operator is using its Class 4 SoftSwitch deployment to support its existing Time Division Multiplexing (TDM) network, providing features such as...

Marconi Wins Four-Year £360 Million Contract with BT

Marconi has won a renewal of its cable services frame contract with BT estimated by the operator to be worth around £360 million over four years. The contract covers civil engineering, pole renewal and underground cabling works in England. During 2003, Marconi Cable Services installed in excess of 3300 km of fibre, copper cabling and ducting for BT; as well as 20,000 telephone poles. http://www.marconi....

Nortel Finalizes Outsourcing Deal with Flextronics

Nortel Networks reached an agreement with Flextronics regarding the divestiture of certain manufacturing operations and related activities in Calgary and Montreal (Canada) and Campinas (Brazil). It is also anticipated that Flextronics will acquire Nortel Networks manufacturing operations in France and Northern Ireland, subject to the completion of the required information and consultation process. Flextronics would also acquire Nortel Networks global repair services, as well as certain design assets in Ottawa and Monkstown related to hardware...

Nortel Networks Adds to its Enterprise Switching Line

Nortel Networks announced a number of enhancements to its convergence-ready data product portfolio, including three new BayStack Ethernet switches targeted at the SMB segment. Nortel said the switches are optimized to for latency-sensitive applications. A number of security enhancements are also being added to the BayStack products. In addition, the company has bolstered the Nortel Networks Passport 8600 Routing Switches for the network core with new Routed-Split Multi-Link Trunking (RSMLT) capability. http://www.nortelnetworks....

German Regulator Cuts Loop Access Charges

Germany's official Regulatory Authority for Telecommunications and Post (RegTP) announced two important decisions on charges for access to the local loop. The first decision approved new one-off provisioning and termination charges, effective 1-July-2004. For the most frequently required variant, simple transfer of a two-wire copper pair without work at the end customer's, competitors will be required to pay a provisioning charge of EUR 47.97. The new fee represents a 15% drop from the previous rate and is 35% percent less than the charge Deutsche...