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 Board also elected Edward A. Mueller as Chairman of the Board.

http://www.verisign.com

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.alcatel-lucent.com

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 access lines and has about $3.2 billion in annual revenues.



The acquisition of CT Communications will add approximately 158,000 access lines and 29,000 broadband customers. CT Communications serves residential and business customers located primarily in North Carolina. The deal will nearly double Windstream's presence in North Carolina.

http://www.windstream.com
  • In July 2006, Alltel completed the spin off its wireline business, which was merged with VALOR Communications Group to create Windstream, a major wireline operator focused on the rural U.S. market.


  • Windstream is based in Little Rock, Arkansas.

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

http://www.utstar.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 inventions of the '317 patent in its EV-DO baseband chips.


  • U.S. Patent No. 6,847,686, which relates generally to a chip architecture for performing video processing. The jury found that Qualcomm has used Broadcom's patented architecture for providing increased video performance in its "Enhanced Multimedia" and Convergence" chip platforms.


  • U.S. Patent No. 6,389,010, which relates generally to a phone that may be used to place calls over fixed or variable bandwidth networks. A 'push-to-talk' feature on a cell phone gives the user the choice of making a 'walkie-talkie' type connection instead of a traditional cell
    phone call. The jury found that Qualcomm uses the invention of the '010 patent in its QChat software.


In a press release, QUALCOMM said it plans to challenge the jury's findings of infringement, validity and willfulness in post-trial motions and on appeal, if necessary.

http://www.broadcom.com

http://www.qualcomm.com

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/ , and insert their desired destination number. JAJAH then rings both parties on their actual phones. The company says its JAJAH Mobile Suite will allow virtually any mobile phone to make JAJAH calls easily.



T-Mobile is already in the process of embedding JAJAH into its own web properties and expects to offer consumer and business solutions based on JAJAH technology in the future.



"The communication landscape is rapidly evolving," said Andreas Kindt, Chairman of the Investment Committee of T-Online Venture Fund and Member of T-Com Management Board for IT. "By investing in companies like JAJAH, we will be able to continue to bring users around the world the innovative solutions they are looking for."http://www.jajah.com
  • In May 2007, JAJAH, a start-up based in Mountain View, California, announced $20 million in Series C funding for its mobile calling service. Intel Capital was the lead investor (amount undisclosed) in the round. Additionally, a business agreement was made with Intel Corporation that includes business and marketing components. Intel will provide JAJAH access to their extensive community of product dealers, OEM customers and developers, to further their reach into global development communities.


  • JAJAH was founded in 2005, and has offices in Mountain View, Calif., Tel Aviv and Luxembourg.

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.com

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 announced in March 2007.

http://www.cisco.com
  • WebEx was founded in 1995 and held its Initial Public Offering (IPO) in July 2000. The company has close to 2200 employees. For FY2006, which ended December 31, 2006, WebEx reported revenues of $380 million.

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.com

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.com

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.com

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 served as vice president of Finance and CAO.



MobiTV claims more than two million subscribers worldwide for its mobile content service.

http://www.mobitv.com

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 China Mobile's GSM network.

http://www.nokiasiemensnetworks.com/global

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 interconnects. The company has shipped over 1 million small form-factor pluggable products. The product line includes 850 nanometer (nm) and 1310 nm VCSEL-based transceivers. JDSU said the acquisition supports its growth and margin expansion initiatives with a best-in-class vertically integrated manufacturinghttp://www.jdsu.com
  • JDSU first announced plans to acquire Picolight in February 2007 in a transaction valued at approximately $115 million in JDSU stock, plus up to an additional $10 million in cash subject to the achievement of certain revenue targets during 2007.


  • The term "VCSEL" was coined in 1989 by optical innovator and Picolight Founder/Chief Technology Officer Jack Jewell. VCSELs emit light vertically through the surface of a wafer—rather than through its edges, as with edge-emitting lasers. Picolight VCSELs are semiconductor lasers in which the active region on-chip is embedded between mirror layers on a semiconductor wafer.

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 very
small, 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 securities laws, Spirent believes that the administrative burden and increasing costs associated with maintaining its listing on the NYSE and the reporting requirements necessary for its registration with the SEC under the US Securities Exchange Act of 1934 ("the Exchange Act") outweigh the benefits to Spirent and its shareholders.

http://www.spirent.com