Xelerated Raises $17 Million for its Network Processor

Xelerated, a start-up based in Santa Clara, California and Stockholm, Sweden, raised $17 million in series C funding for its high-end network processors. Xelerated's network processors, based on a patented data-flow architecture, are aimed at enterprise backbone and metro Ethernet applications.The company cited Tier-1 customer engagements in the high-volume, high-growth metropolitan Ethernet market. Xelerated's next generation chip, the X11, has taped-out and first samples will be shipped to customers in July. The funding round was led by new...

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PMC-Sierra Reports Q1 Revenue of $66.1 Million

PMC-Sierra reported Q1 net revenue of $66.1 million, an increase of seven percent compared with $61.8 million for the fourth quarter of 2004, and a decrease of 16 percent on a year-over-year basis. Net income in the first quarter of 2005 on a non-GAAP basis was $3.9 million (non-GAAP diluted earnings per share of $0.02) compared with non-GAAP net income of $1.9 million (non-GAAP diluted earnings per share of $0.01) in the fourth quarter of 2004. GAAP net income in the first quarter of 2005 was $3.3 million (GAAP diluted earnings per share of $0.02)....

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SIPquest Raises US$6 Million for SIP Applications

SIPquest, a start-up based in Ottawa, raised US$6 million in venture funding for its SIP-based telephony applications. In addition to VoIP modules, SIPquest's application and component suite also includes IP-based audio conferencing, video conferencing, data conferencing, application sharing, instant messaging, presence, a multimedia collaboration agent, voice mail, auto attendant, a SIP to H.323 signaling converter, an extensible SIP server and mobile WiFi roaming and collaboration capabilities. The new funding round was led by current investors...

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Cable & Wireless Outlines Next Generation Network Plan

Cable and Wireless will invest £190 million over the next three years to transform its UK core network and associated IT systems and processes. The company said it had become clear that significant benefits can be achieved by adopting an NGN architecture.Key elements of the network transformation plan include:the convergence of five separate service platforms onto a single integrated IP service platform; Reduction of backbone nodes by 50 percent and rationalisation of metro-edge and metro-access nodes; Installation of ten new softswitches to replace...

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CPCNet Hong Kong Launches MPLS-based Managed SSL VPN

CPCNet Hong Kong has launched a managed VPN service based on Juniper Networks Secure Sockets Layer (SSL) and MPLS technologies. CPCNet is using Juniper Networks M-series multi-service edge routing platforms and NetScreen RA500 secure access appliances.CPCNet is a wholly owned subsidiary of CITIC Pacific and provides connections to over 50 major cities in mainland China and Asia. http://www.juniper.nethttp://www.CPCNet-hk....

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Sprint Reports Double-digit Growth in Wireless

Sprint added 1.3 million total net wireless subscribers in Q1 2005, a 34% increase from the first quarter of 2004, giving it a total of 26 million. The subscriber gains included 518,000 from direct retail channels and nearly 800,000 from wholesale partners and Sprint PCS Affiliates. Wireless data services contributing $6.00, or nearly 10%, to ARPU. There were 8.0 million data subscribers, including more than 6.7 million Sprint PCS Vision subscribers. Sprint continues to build out the EV-DO network.During Q1, total voice revenues decreased 10%...

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Tellabs Reports Revenue of $436 million

Tellabs reported first-quarter 2005 revenue of $436 million, up 65% from $264 million in the first quarter of 2004 -- including a full quarter of AFC product revenue of $128 million. Excluding AFC product revenue, Tellabs' revenue grew 17% year over year.Tellabs earned $0.7 million or less than one cent per share in the first quarter of 2005 on a GAAP basis. Tellabs earned $26 million or 6 cents per share on a non-GAAP basis. Transport - Revenue from transport systems totaled $158 million, up 16% from $136 million in the first quarter of 2004.Access...

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MCI Tightens SLAs for Managed Network Performance

MCI tightened service level agreements (SLAs) for its end-to-end Managed Network Services with the introduction of an enhanced five-point guarantee.MCI has improved its restoration SLA to guarantee a 3.5 hour time to repair in the U.S., a four-hour time to repair for third-party managed networks in the U.S. and key global business centers, and a six-hour time to repair for remote regions of the world. MCI is one of the first to offer a standard set of SLAs covering third- party networks. Showcasing its role as a network integrator, MCI guarantees...

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Broadcom Offers Single-Chip Server I/O Controller With All I/Os

Broadcom introduced a HyperTransport technology-based server I/O controller that features all of the major industry standard I/O interfaces on a single chip. This includes 1 GHz HyperTransport technology, PCI Express, PCI-X, HyperTransport tunnel, and integrated dual Gigabit Ethernet (GbE) ports. The solution enables server OEMs to integrate dual-port GbE controllers, PCI Express and PCI-X into the volume 2-way server market segment. http://www.broadcom....

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Zarlink and Wavesat Carry E1/T1 Service over WiMAX

Zarlink Semiconductor has demonstrated the transmission of circuit-switched traffic over a WiMAX connection using circuit emulation services over packet (CESoP). The tests used Wavesat's WiMAX chip and Zarlink's CeSoP processor. Zarlink said that by using its CESoP technology in both the base station and subscriber WiMAX equipment, circuit-switched traffic together with associated timing and signaling information can be converted into Ethernet packets and seamlessly carried across the WiMax network. http://cesop.zarlink.com/http://www.wavesat....

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VeriSign Working With Microsoft on Roaming Wireless Security

VeriSign is working with Microsoft to promote roaming wireless security for enterprises. The two companies intend to develop a Wi-Fi security reference architecture and solution based on Microsoft Network Access Protection (NAP) and VeriSign Unified Authentication technologies. The collaboration will integrate VeriSign Unified Authentication and Microsoft Windows clients to provide the foundation for strong user authentication in an enterprise Wi-Fi network. VeriSign's Unified Authentication platform will simplify management of user and device...

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Verizon Awards FTTP Contract to Motorola

Verizon awarded Motorola a five-year contract to supply equipment for its FTTP networks. Motorola will provide Verizon with advanced electronic equipment that will be installed in Verizon central offices, as well as at customer locations, as the company deploys FTTP. This equipment includes high-density, multi-protocol Optical Line Terminals (Motorola AXS2200 OLT), intelligent Optical Network Terminals (Motorola residential and business ONTs) and video-optimized Optical Amplifiers (Motorola EDFAs).Financial terms were not disclosed.In a separate...

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RealNetworks Reaches One Million Music Subscriptions

RealNetworks has reached the one million subscriber milestone for its premium subscription music services, including subscribers from its new relationship with Comcast. Under its agreement with Comcast, RealNetworks sells premium music services on a wholesale basis to Comcast. Comcast then makes those services available to its broadband subscribers at no additional charge provided they register to receive Comcast Rhapsody Radio Plus. Although Rhapsody Radio Plus is available to all Comcast broadband subscribers, RealNetworks only counts as subscribers...

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HP Servers to support Internet2's HOPI Testbed

The Internet2's national Hybrid Optical and Packet Infrastructure (HOPI) testbed will deploy HP's ProLiant DL360 G4 servers to provide monitoring and control plane capabilities. Over the next six months, the HP servers will be deployed into the HOPI nodes located in Seattle, Chicago, New York City, Los Angeles and in Washington D.C. Once deployed, the HP servers will be used to monitor and measure the performance of the HOPI circuits by collecting error reporting data as well as network performance measurement data allowing for event correlation...

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Verizon Recruits Home Developers for FTTH

Verizon has launched an Enhanced Communities project aimed at signing-up the developers of single-family residential communities to promote its FTTH initiative. Verizon offers developers the opportunity to market voice service, FiOS high-speed Internet Service at up to 30 megabits per second, and FiOS TV service over the fiber cables. Verizon's digital TV package is under development now, for introduction to the market later this year.More than a dozen such marketing agreements have already been signed, including Pulte Homes, Pardee Homes and...

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