Monday, May 28, 2007

VeriSign Names New CEO

VeriSign named William A. Roper, Jr. as its new President and Chief Executive Officer, replacing Stratton Sclavos, who is leaving after 12 years at the post. Roper, who has served as a Director of VeriSign since November 2003, most recently served as Executive Vice President of Science Applications International Corporation (SAIC). He also served as SAIC's Chief Financial Officer from 1990 to 2000, and played a leadership role in Network Solutions from the time of its acquisition by SAIC in 1995 until its merger into VeriSign in 2000. The company's...

Alcatel-Lucent Supplies IP/MPLS to Chile's Telefónica del Sur

Telefónica del Sur, the leading telecommunications company in the south of Chile, selected Alcatel-Lucent to supply a converged IP/MPLS network that will deliver high quality data and Internet services to business and residential customers. Alcatel-Lucent will install the 7750 Service Router for the backbone network. Network management will be handled by the Alcatel-Lucent 5620 Service Aware Manager, which automates tasks while supporting the introduction and administration of new services. Service launch is slated for early in Q4. http://www...

Windstream to Acquire CT Communications, Adding Lines in Rural U.S.

Windstream agreed to acquire all of the outstanding shares of CT Communications (NASDAQ: CTCI), in a deal valued at $585 million ($31.50 per share in cash, which represents a 31 percent premium to CT Communications' previous 30-day trading average). Windstream intends to finance the acquisition with debt and existing cash.Windstream provides voice, broadband and entertainment services to customers in 16 states. It serves approximately 3.2 million...

Optibase/UTStarcom Supply IPTV with AKSH in India

UTStarcom will integrate Optibase's advanced H.264 Media Gateway (MGW) 5100 IPTV encoding platforms in its end-to-end RollingStream IPTV solution for deployment with AKSH in India. Aksh Optifibre Limited (AOL) is the second largest company in the Indian Optical Fibre cable industry. The company has entered into a seven-year agreement with MTNL to provide IPTV (Broadband content) services in Delhi and Mumbai. Aksh plans to use Optibase's integrated carrier-grade TV streaming platforms in order to provide advanced H.264 high-quality encoding. http://www.optibase.com...

Broadcom Prevails in Patenet Dispute with QUALCOMM

A federal jury ruled that certain QUALCOMM cellular baseband chips and software infringe claims of three Broadcom patents, and awarded Broadcom $19.64 million in damages for Qualcomm's past infringement. Because the violation was found to be willful, the court may increase the damages up to three times the amount awarded by the jury.Broadcom said the three patents include:U.S. Patent No. 5,657,317, which relates generally to simultaneous participation on two networks using a single transceiver. The jury found that Qualcomm has used the multimode...

T-Mobile Invests in JAJAH for Mobile VoIP Calling

T-Online Venture Fund - the investment arm of Deutsche Telekom - has joined JAJAH's US$20 million Series C investment.JAJAH offers a Mobile Suite application that enables consumers to make free long-distance and global calls directly from their mobile phones. To use the service, you first need a JAJAH account, which is free and without obligation. The process is simple: callers type in their own number (landline or mobile) at http://www.jajah.com/...

Zohar Zisapel Expands his Stake in RADCOM

Mr. Zohar Zisapel, who serves as Chairman of RADCOM, has expanded his stake in the company by acquiring 263,300 RADCOM shares during the current month through purchases on the open market. As a result, Mr. Zisapel now holds 3,626,342 RADCOM shares, representing 22.2 % of the company's issued share capital. He is the company's largest shareholder. http://www.radcom....

Cisco Completes Acquisition of WebEx

Cisco Systems completed its acquisition of WebEx Communications, a leading provider of on-demand collaboration applications and services. Cisco said the deal extends its vision for Unified Communications, particularly within the small to medium business (SMB) segment.Cisco also said that it plans to preserve WebEx's subscription-based services strategy and business model going forward.The deal was valued at $3.2 billion (in cash) when it was first...

OpVista Rebrands Optical Gear, Avoiding Trademark Dispute

OpVista is renaming its recently-launched "AnyWave" family of optical networking products to "nWave." The company said it is making this move to proactively avoid any potential dispute with Vanu's use of the "AnyWave" terminology.OpVista' nWave Optical Networking platform is universally compatible with existing metro and regional DWDM systems and fiber plant. The nWave product family can quadruple the number of available wavelengths and enables carriers to deliver bandwidth in single wavelength increments to any node at any time. http://www....

OpVista Rebrands Optical Gear, Avoiding Trademark Dispute

OpVista is renaming its recently-launched "AnyWave" family of optical networking products to "nWave." The company said it is making this move to proactively avoid any potential dispute with Vanu's use of the "AnyWave" terminology.OpVista' nWave Optical Networking platform is universally compatible with existing metro and regional DWDM systems and fiber plant. The nWave product family can quadruple the number of available wavelengths and enables carriers to deliver bandwidth in single wavelength increments to any node at any time. http://www....

Tundra Collaborates with Ericsson on MicroTCA Ecosystem

Tundra Semiconductor is working with Ericsson to license the Switching Module of a MicroTCA Carrier Hub (MCH) card, designed by Ericsson, with Tundra's Tsi578 Serial RapidIO Switch. The license granted to Tundra includes sub-licensing rights and Tundra will be sub-licensing the design as the Tsi578 MicroTCA Switching Module (MSM), thereby broadening the availability of Serial RapidIO-based MicroTCA Systems.http://www.tundra....

MobiTV Hires DreamWorks Exec as CFO

MobiTV announced the appointment of Bill Losch as the Company's chief financial officer (CFO). Losch joins MobiTV from DreamWorks Animation SKG, where he managed all accounting and control, financial reporting, treasury, and tax functions as the company's chief accounting officer (CAO). He was part of the management team that completed a successful initial public offering in October 2004. Prior to DreamWorks Animation Losch was at Yahoo!, where he...

China's Heilongjiang Mobile Selects Nokia Siemens Networks for GSM

China's Heilongjiang Mobile Communications Company (Heilongjiang MCC) selected Nokia Siemens Networks to provide GSM Base Stations and Base Station Controllers as part of a network expansion project. The delivery has already started and the network will be commercial in June. Nokia Siemens Networks will also provide professional services including network implementation, planning, managed service, training and maintenance services. Financial terms were not disclosed.Nokia Siemens Networks noted that it has largest installed base of equipment in...

JDSU Closes Picolight Acquisition -- VCSELs

JDSU completed its acquisition of Picolight, a leading designer and manufacturer of optical pluggable transceivers. JDSU said the deal strengthens its position in high-growth pluggable optics for the enterprise market and adds an established, vertically integrated manufacturing model.Picolight has been a pioneer in developing the vertical cavity surface-emitting laser (VCSEL), a key technology used in high-speed and short-to-medium distance optical...

Spirent Announces US Delisting & Deregistration

Spirent Communications will delist its American Depositary Shares ("ADS") from the New York Stock Exchange ("NYSE") and to deregister from the US Securities and Exchange Commission ("SEC"). The company said the average daily trading volume of shares represented by its ADS is verysmall, accounting for 0.5% of the total number of Spirent Ordinary shares traded in the most recent 12 month period. In light of this level of trading activity and the recent adoption of new rules by the SEC regarding the termination of reporting obligations under US...