Akimbo Signs Content Partners for Internet-to-TV VOD Service

Akimbo Systems has signed National Geographic Television & Film, A&E, The History Channel and The Biography Channel for its recently launched Internet-to-TV VOD service. The Akimbo service offers consumers 50 categories of content, including mainstream, classic and independent films, foreign language, news, health and fitness, sports, etc.. http://www.akimbo.comAkimbo is funded by Draper Fisher Jurvetson, Sprout Group and Zone Ventur...

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Tut Systems to Acquire Cosine for Financial Motive

Tut Systems agreed to acquire Cosine Communications for in a stock-for-stock transaction valued at approximately $24.1 million. Tut Systems is acquiring Cosine primarily to provide additional financial resources. Tut Systems will honor Cosine's existing customers' support agreements, but does not expect to offer its products for sale to new customers. Tut Systems will incorporate Cosine's intellectual property into its growing IP portfolio. Tut Systems will not have any additional employees or facilities as a result of the transaction. The deal...

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Verizon Wireless Launches 3G Consumer Services

Verizon Wireless will launch its 'VCAST" 3G wireless multimedia service for consumers -- beginning February 1, 2005. VCAST will run over the company's broadband EV-DO (Evolution-Data Optimized) 3G network, delivering high-quality video, 3-D games and music to new 3G phones. Verizon Wireless is featuring handsets from LG Mobile Phones, Samsung and UTStarcom Personal Communications. Customers will be able to use new handsets to access VCAST's video on-demand service for current news, weather, sports and entertainment programming. They will also...

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China's CERNET Tests 40 Gbps Overlay with Mintera, Cisco

CERNET (China Education and Research Network) successfully tested an "overlay" application integrating a 40 Gbps wavelength carrying live traffic on an in-service DWDM link between Beijing and Tianjin, China. The connection comprised a 16 channel DWDM infrastructure equipped with STM-16 (2.5 Gbps) per channel operating over 185 km of installed G.652 and G.655 fibers. For the live trial, Mintera's 40 Gbps terminals were connected into the existing 16 x 2.5 Gbps DWDM line system and ran 40 Gbps traffic simultaneously with the existing 2.5 Gbps traffic....

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RaySat Debuts Satellite Antenna for In-Motion Broadband

RaySat introduced a vehicle-based satellite antenna providing in-motion, high-speed Internet access to motorists. The new SpeedRay 3000 is based on an enclosed low-profile, roof-mounted antenna and could turn any vehicle into a rolling "hot spot." The system provides Internet download speeds up to 2 mbps and upload speeds up to 128 kbps, shared among users in the vehicle. In addition, using technology also developed by RaySat, the SpeedRay 3000 provides moving vehicles with strong reception of digital satellite TV and music channels. To provide...

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Ericsson chosen by Telstra to supply 3G network

Ericsson was named as the exclusive 3G/WCDMA vendor to Telstra for up to the next five years. The estimated value of the framework agreement is more than US$78 million (A$100 million) over the term. Ericsson will supply layered architecture core and radio access network equipment, including HSDPA and network rollout services. These contracts complement the Telstra-Hutchison 3GSM network sharing arrangement which gives Telstra access to a fully optimized, fully operational network across five capital cities from 1 July 2005. In Australia, Ericsson...

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Critical Path Raises $18M for Consumer Messaging

Critical Path, a provider of messaging solutions for mobile, broadband and fixed-line service providers, signed agreements for $18 million in debt financing led by Cheung Kong Group and General Atlantic Partners. Critical Path is developing a new strategy concentrating on consumer messaging solutions for mobile, broadband and fixed-line service providers. The company recently announced a restructuring to focus on consumer messaging. http://www.cp.n...

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