Wednesday, March 28, 2007

PMC-Sierra to Close R&D Centers in Winnipeg and Saskatoon

PMC-Sierra announced a corporate restructuring that include the closure of two of PMC-Sierra's R&D centers in Winnipeg, Manitoba and Saskatoon, Saskatchewan. The total work force reduction under this restructuring is expected to be approximately 175 positions across the organization. PMC-Sierra currently has 1,183 employees worldwide. The restructuring will begin immediately and is expected to be substantially complete by the end of the third quarter of 2007.Overall, the company expects the restructuring will reduce on-going annualized operating...

3Com Buys Out Huawei's Stake in Joint Venture

3Com Corporation closed its acquisition of Huawei Technologies' 49% stake in H3C for $882 million and 3Com now owns 100% of the China-based company. To fund the transaction and related fees and expenses, 3Com used approximately $470 million of cash from its balance sheet and approximately $430 million from a senior secured bank loan at its H3C segment.3Com won the right to acquire the remaining stake in H3C through a bidding process that ended on...

Sonus Partners with Apertio for Broadband-Cellular Convergence Solutions

Sonus Networks has formed a partnership with Apertio aimed at broadband-cellular convergence. The two companies will integrate Sonus' IMS-ready wireless solutions with Apertio's One-HLR, Home Location Register, a standards-based approach to a critical component of wireless networks.Apertio's software application suite, Apertio One, delivers a single, open, subscriber-centric architecture for current and new generation networks. The suite includes Apertio One-NDS (Network Directory Server), Apertio One-HLR (Home Location Register) and Apertio One-HSS...

Telstra to Withdraw NYSE Listing

Telstra confirmed its intention to withdraw the listing of its American Depositary Shares, evidenced by American Depositary Receipts (ADR), and the underlying ordinary shares from the New York Stock Exchange. In conjunction with the delisting, Telstra will be moving to an over-the-counter ADR program.The securities will not be listed on any other exchange in the United States, but Telstra's ordinary shares will continue to be listed on the Australian Stock Exchange.On 21 March 2007, the U.S. Securities and Exchange Commission approved final rules...

Verizon Launches its Own Local TV Station of FiOS

Verizon launched its first owned-and-operated television channel to be delivered over its FiOS fiber network. FiOS TV subscribers in the Washington metro area will be able to tune to the new local television channel, FiOS1, a one-stop shop for local weather, traffic, news, sports and community features. Verizon is planning to launch similar channels in other markets this year.Verizon's first original programming is "Push-Pause," featuring programming produced by citizen video journalists (VJs) who live in the area. FiOS1 also plans to invite viewers...

Extreme Networks Appoints CFO

Extreme Networks appointed Karen M. Rogge to the position of Senior Vice President and Chief Financial Officer, replacing Michael Palu, who served as acting Chief Financial Officer for the past seven months, and will return to his position as Vice President and Corporate Controller for the company.Most recently, Rogge served as Vice President, Corporate Finance and Treasurer at Seagate Technology. Prior to Seagate, Rogge served as Vice President and General Manager for the Internet search division at Inktomi. http://www.extremenetworks....

Vyyo Secures New Funding from Goldman Sachs

Vyyo, a supplier of broadband access equipment for cable system operators, announced new funding from Goldman, Sachs & Co., an existing investor. The deal includes $17.5 million in new funding and an additional $17.5 million to pay off the aggregate of notes issued to Goldman Sachs in 2006. The total financing of $35 million consists of a five-year unsecured note convertible into Vyyo common stock at $10 per share, a premium of 34% over the closing price of Vyyo's common stock on March 27th. The convertible note will bear a 5% annual interest...

Azaire Enables "All Services Everywhere" for CDMA with PDIF

Azaire Networks introduced a new CDMA network component for its IP Converged Network Platform with eXtended Mobility (IP-CNP with XM). The new product is the first Packet Data Interworking Function (PDIF) optimized and available to deploy for CDMA networks. Azaire said its platform can be used by mobile operators to provide their subscribers with highly secure access to their enterprise and consumer applications using authentication and authorization features. To enable fixed mobile convergence networks, the 3GPP2 has defined an element called...

Axerra Releases Pseudo-Wire Access Device

Axerra Networks has released its AXN10-8NR Pseudo-Wire Access Device, extending its family of AXN Pseudo-Wire Gateways and Access Devices with a solution that is designed specifically for mobile wireless backhaul cell site connectivity applications. Along with capabilities that enable operators to meet the growing traffic requirements for the backhaul of voice and data services, including EV-DO and HSDPA, in packet-based radio access networks (RAN), the AXN10-8NR features removable, field upgradeable and reparable power supplies and spans a wide...

Alvarion, NDS and MobiTV Showcase Mobile WiMAX TV Services

Alvarion, is showcasing an application called "4Motion" mobile WiMAX high resolution TV in cooperation with NDS (content security) and MobiTV (content aggregation. 4Motion is designed to fully integrate NDS's digital rights management (DRM) and conditional access (CA) solutions, with MobiTV's end-to-end mobile WiMAX television services, to enable broadcast of live channels video on demand (VoD), interactive TV, and other value added video applications. 4Motion is designed to be compliant with 802.16e-2005 and WiMAX Forum Network Working Group...

Narus Develops Security to Monitor Core of Carrier Wireless Nets

Narus is developing a module for its "NarusInsight Secure Suite" that detects and mitigates wireless-specific attacks from various devices and at different levels of the network architecture. By implementing at the core, Narus said it can monitor all IP traffic and correlate across every link and element on the network, offering far greater visibility into the traffic. Initial customer availability of NSS' new wireless module is targeted for Q4 2007. http://www.narus....

Tango Introduces its "Abrazo" Hybrid Mobile Phone-PBX

Tango Networks introduced its "Abrazo" fixed-mobile convergence (FMC) solution for enabling mobile operators to integrate all mobile phones with any corporate PBX, Centrex or Unified Communications network. "Abrazo," which means embrace in Spanish, unites the mobile phone network with the enterprise voice network, turning every mobile phone into a PBX/Centrex extension for both incoming and outgoing calls. Tango Networks said that while other fixed-mobile convergence solutions on the market are either entirely enterprise-based or carrier-based,...

RAD Introduces Pseudowire Gateway for Cellular Backhaul

RAD Data Communications unveiled its IPmux-116 pseudowire gateway designed for cellular backhaul transport.The ASIC-based platform offers accurate regeneration of timing on a per port basis to support multiple customers' timing needs, in-band facility loopbacks to allow customers to test their circuits independently of the transport provider and VLAN aware switching with ingress and egress rate limiting to provide tunable bandwidth. The IPmux-116 supports all modes of TDM emulation, including SAToP,TDMoIP, CESoPSN and HDLCoPSN.The adaptive clock...

Agilent Announces 802.16e 2005 WiMAX Test

Agilent Technologies announced its IEEE 802.16e 2005 Protocol Conformance Test (PCT) Solution, which is based on the new Agilent E6651A Mobile WiMAX Test Set. Created in conjunction with Innowireless Co., the test solution enables WiMAX designers to verify protocol implementations. Beginning in June 2007, Agilent plans to support subscriber station testing for WiMAX profiles 1A and 3A. Base station test and other WiMAX profiles will be supported in subsequent releases. http://www.agilent.com/find/Wi...

US Gov't Awards Largest Ever "Networx" Contract

The General Services Administration (GSA), which is the central procurement agency for the U.S. government, awarded a set of contracts under its "Networx" program valued at an estimated $20 billion over 10 years -- believed to be the largest networking contracts ever issued.Contract award recipients include AT&T, Verizon Business Services (MCI), and Qwest Government Services.The Networx program consists of two acquisitions: Networx Universal...