Lucent Technologies and Movaz Networks have expanded an an existing agreement under which the two companies are delivering metro DWDM networks to service providers worldwide. The partnership brings together Lucent's Metropolis Wavelength Services Manager (WSM) and Movaz' RAYexpress optical platform. Under the expanded agreement, Lucent will manage elements of Movaz's supply chain operations, including key component purchases, product manufacturing, and customer delivery requirements.
Under the auspices of this relationship, Lucent introduced its Metropolis WSM product in 2004, and is currently supporting deployments with operators worldwide, including recently announced agreements with the U.S. Army and Taiwan Mobile.
http://www.lucent.comhttp://www.movaz.com
- In January 2006, Movaz Networks announced the closing of $20 million in equity financing with an additional line of credit for $12 million, supporing its optical networking solutions. At the time, Movaz said it had 90 customers around the world and over 4,000 nodes currently in service.
