Infinera Raises $52 Million for its Photonic ICs

Infinera, a start-up based in Sunnyvale, California, raised $52 million in new funding for its Photonic Integrated Circuit technology. The company has raised $205 million to date. Strategic investors in this round include UTStarcom and CTC (Itochu Techno-Science Corporation), both of which are collaborating with Infinera to provide optical networking solutions in Asia. Infinera is developing photonic chips that combine dozens of active and passive devices for managing light. Infinera's investor group includes many of the world's leading venture...

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Mediatrix Upgrades Gateways, Chosen by Siemens for Swiss Residential VoIP

Mediatrix Telecom announced an enhanced version of its Mediatrix 2102 VoIP residential gateway allowing IP telephony subscribers to access the PSTN network in the event of power outage or network failure. Siemens is integrating Mediatrix Gateways into its Surpass VoIP Solution for a residential VoIP network in Switzerland for SOLPA. Financial terms were not disclosed. http://www.mediatrix.comhttp://www.siemens....

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RADVISION Develops Conferencing for MS Live Communications Server

RADVISION announced a new multimedia conferencing platform designed to capitalize on added functionality in Microsoft's upcoming next generation, "Istanbul" Live Communications client. This new product, which will be part of RADVISION's iVIEW unified suite of software applications, will operate on a standard Windows-based server. iVIEW is middleware that bridges between a company's communications/IT network and its end user voice/video devices and applications. http://www.radvision....

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ECI Telecom Adapts Raman Technology to Extend Optical Networks

ECI Telecom has adapted Raman technology to connect regional and long-haul networks in locations that were previously difficult or expensive to link, while using fewer amplifiers. Raman technology was initially designed for ultra long-haul networks. ECI said its Raman technology enables the connection of regional and long-haul distances without needing inline amplifiers underwater or between distances. This eliminates the need for undersea waterproof amplifiers, reducing costs significantly for the provider. The solution could be used for upgrading...

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Broadwing Launches VoIP Aggregation Service

Broadwing Communications launched a new VoIP aggregation service that allows carriers and enterprises to consolidate their end user traffic from branch locations to a single location for call completion. Broadwing PRIorityConnect is an Intra/InterLATA service offered nationwide. Broadwing said it can provide host and remote site connectivity via its nationwide, all-optical network using a customer's existing voice platform, as well as support a customer's migration from circuit-switched to a new voice platform. http://www.broadwing....

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PMC-Sierra Reports Q3 Revenue of $71.2 million

PMC-Sierra reported Q3 revenue of $71.2 million compared with $85.7 million for Q2 2004 and $63.1 million for the same period a year ago. This represented a decrease in revenues of 17 percent sequentially and an increase of 13 percent on a year-over-year basis. Net income in Q3 of 2004 on a non-GAAP basis was $6.9 million (non-GAAP diluted earnings per share of $0.04) compared with non-GAAP net income of $14.9 million (non-GAAP diluted earnings per share of $0.08) in the second quarter of 2004. GAAP net income in Q3 2004 was $6.3 million (GAAP...

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C-COR to Acquire nCUBE for $90 Million

C-COR agreed to acquire the business of nCUBE Corporation, a privately held company and worldwide provider of On Demand media and digital advertising systems, for roughly $89.5 million. nCUBE's scalable On Demand video server delivers up to 120,000 simultaneous streams from a single site, without content duplication. nCUBE also supplies its application and server-neutral back office software management tools. The payment terms consist of 4.5 million shares of C-COR common stock, $35 million of senior, unsecured 5-year convertible notes, $20 million...

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Redback Reports Q3 Revenue of $21 Million

Redback Networks reported quarterly revenue of $21.0 million, down from $27.4 million in net revenue for the third quarter of 2003 and $32.3 million for the second quarter of 2004. GAAP net loss for the third quarter of 2004 was $12.5 million or $0.24 per share attributable to common stockholders based on weighted average shares outstanding of 52.5 million, down from a GAAP net loss of $18.1 million or $0.10 per share attributable to common stockholders based on weighted average shares outstanding of 182.5 million in the third quarter of 2003....

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SBC Selects Alcatel as Primary Supplier for Project Lightspeed

SBC Communications selected Alcatel as its primary network infrastructure and services supplier for Project Lightspeed. The deal is estimated to be worth $1.7 billion to Alcatel over the next five years. Under the agreement, Alcatel will supply access and fiber technologies, IP routing and Ethernet switching solutions, and network systems integration services. Specifically, Alcatel will provide SBC with its remote 7330 IP DSLAM solution, which is capable of supporting wire speed triple play services and multiple variations of DSL for SBC's Fiber...

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FTTH Council Counts 217 Fiber-Connected Communities in U.S.

There are now 217 communities in 37 U.S. states with fiber-to-the-home projects underway, according to the latest survey by Render, Vanderslice & Associates and TeleChoice. Eighty-nine communities were added to the list - an increase of 70% since the last update in May. The Fiber-to-the-Home (FTTH) Council and the Telecommunications Industry Association (TIA) said the list shows that FTTH deployments continue to be driven by municipalities, competitive local exchange carriers (CLECs) and new residential developments. http://www.ftthcouncil...

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Net2Phone, Motorola and Cedar Point Work on Cable VoIP

Cedar Point Communications, Motorola, and Net2Phone announced an agreement focused on packet-based cable telephony services. The companies will jointly market to cable operators a VoIP offering that includes Net2Phone's expertise as a leading hosted VoIP provider, Cedar Point's SAFARI C(3) integrated switching system and SafariView Element Management System; and the Motorola Broadband Services Router (BSR) 64000 CMTS/Router and SBV5120 telephony cable modems. In a six-year agreement with Net2Phone, Liberty Cablevision of Puerto Rico is leveraging...

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Optibase Appoints Uzi Breier CEO

Optibase named Uzi Breier as its new CEO, replacing Tom Wyler, who will retain his position as Executive Chairman of Optibase's Board of Directors and will assume the role of President. Breier most recently served as Chief Executive Officer of Emblaze Semiconductor. In July 2004, Zoran, a provider of solutions for the digital entertainment and imaging markets, acquired Emblaze Semiconductor. http://www.optibase....

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iBasis Carriers 1.3 Billion Minutes in Q3

Minutes of use on The iBasis Network in Q3 rose to 1.3 billion, a 49% increase over the 866 million minutes carried in Q3 2003, and a 16% increase over the 1.1 billion minutes in Q22004. Average revenue per minute remained stable at 5.5 cents per minute in Q3 2004, the same as in the second quarter 2004. Average revenue per minute is based on our reported net revenue divided by minutes of traffic. In Q3, Tier One carrier customers generated approximately 43% of iBasis Wholesale VoIP revenue, compared to 44% in Q2 2004. As VoIP has become the...

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Lucent Reports Profits for Fiscal 2004

Lucent Technologies reported net income of $348 million or 7 cents per diluted share for its fourth fiscal quarter ended Sept. 30, 2004, compared with net income of $387 million or 8 cents per diluted share in the third quarter of fiscal 2004 and net income of $99 million or 2 cents per diluted share in the year-ago quarter. The company reported revenues of $2.40 billion in the quarter, an increase of 10 percent sequentially and an increase of 19 percent from the year-ago quarter. For the fiscal year, Lucent reported revenues of $9.05 billion,...

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