Thursday, July 26, 2007

Entropic Readies IPO -- In-home Networking Silicon

Entropic Communications, a supplier of silicon solutions for in-home networking, filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The offering is expected to include shares sold by Entropic and by certain of its stockholders.



Credit Suisse Securities (USA) LLC and Lehman Brothers Inc. will be acting as joint book-running managers of the proposed offering. In addition, Thomas Weisel Partners LLC, JMP Securities LLC and ThinkEquity Partners LLC will be acting as co-managers.
http://www.entropic.com
  • In June 2007, Entropic Communications introduced a new version of its c.LINK Coaxial Network Processor for home networking of digital entertainment. Entropic's solution uses existing coax cabling, found in more than 90 percent of all households in the U.S., for distribution of multiple high definition and standard definition video, digital voice and broadband data.



    Entropic said its latest chipset can sustain performance of 270 Mbps. It operates at RF frequencies between 850 to 1500 MHz, allowing coexistence with the frequencies used by wired delivery services. The EN2210 carries key protocols such as IEEE 1394 and Ethernet, the latter making for an easy transition to IP television. c.LINK is essentially IP over coax. It also has embedded all of the required yet still evolving digital rights management (DRM) formats and protocols.



    Entropic's c.LINK is the core technology behind the Multimedia over Coax Alliance (MoCA-TM) MAC/PHY 1.0 specification.

Qatar Telecom Deploys Huawei for Ethernet

Qatar Telecom (Qtel) has deployed Huawei Technologies' E60, Multi-Service Control Gateway (MSCG) as part of its full-service Ethernet network. Financial terms were not disclosed.

http://www.huawei.com

Blueslice HSS Completes Interoperability with Motorola IMS

Blueslice Networks, a start-up based in Montreal, has completed interoperability testing of its Home Subscriber Server 3000 with the Motorola IMS solution, including the Motorola Call Session Control Function (CSCF).



The Blueslice HSS 3000 integrates a next generation Home Location Register (HLR) with a Home Subscriber Server into a converged subscriber profile management database. It can be used to manage subscriber data from GSM, UMTS/HSPA, or any network providing access to IMS services, such as WiMAX, TISPAN-based fixed lines, and cable networks. The platform is integrated with a subscriber-centric Fixed Mobile Convergence solution, roaming features, a service profile creation toolkit, and a web craft interface (WebCI). http://www.blueslice.com


EC Approves Sale of Bulgarian Telecom to AIG Captia

The European Commission has cleared under the EU Merger Regulation the acquisition of Bulgarian Telecommunications Company by AIG Capital Partners. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

http://www.europa.eu
  • In May 2007, AIG Capital Partners announced plans to acquire up to a 65% equity stake in Bulgarian Telecommunications , the former state-owned incumbent, for approximately GBP 1 billion.

Yahoo! Appoints Telecom Exec to Board

Yahoo! has appointed Maggie Wilderotter to its Board of Directors. Wilderotter currently serves as chairman and chief executive officer of Citizens Communications. She previously was senior vice president of the worldwide public sector division at Microsoft and before that was CEO of Wink Communications Inc., executive vice president of national operations for AT&T Wireless Services and chief executive officer of AT&T's Aviation Communications Division. She also served as senior vice president of McCaw Cellular Communications Inc. and was a regional president managing the company's California, Nevada, and Hawaii regions. http://www.yahoo.com

Former Qwest CEO Gets Six Year Jail Sentence

Joseph P. Nacchio, 57, the former CEO of Qwest Communications International Inc., was sentenced to 6 years in prison for insider trading. Nacchio was also ordered to forfeit $52 million, pay a $19 million fine and serve two years of supervised release.

http://www.usdoj.gov
  • On April 19, 2007, a federal jury convicted Nacchio of 19 counts of insider trading, covering $52 million in stock sales. The conviction came after 15 days at trial and six days of deliberation. According to the indictment, Nacchio sold Qwest stock from January to September 2001 when he knew, but did not disclose publicly, that Qwest was unlikely to continue to meet its publicly announced earnings targets as that year progressed. In June 2002, Nacchio was forced to resign as CEO, when the companies financial troubles became apparent.

Bell Labs Veterans Awarded U.S. National Medal of Technology

Two Bell Labs veterans have been selected to receive the 2006 U.S. National Medal of Technology awards.



Dr.Herwig Kogelnik, currently Adjunct Photonics Systems Research Vice President at Alcatel-Lucent Bell Labs, is being honored for his pioneering contributions and leadership in the development of lasers, optoelectronics, integrated optics and lightwave communications systems. Kogelnik is the co-inventor of the distributed feedback laser, which is the light source for most optical communications systems. He also led the Bell Labs research team that developed the pioneering dense wave division multiplexing (DWDM) optical system. He is a 46-year veteran of Bell Labs.



Dr.James Edward West, currently Research Professor in the Department of Electrical and Computer Engineering at The Johns Hopkins University Whiting School of Engineering, Baltimore, is being recognized for co-inventing the electret microphone with Gerhard Sessler while working at the Bell Labs, one of over 200 patents that he received. Ninety percent of the 2 billion microphones produced annually and used in everyday items such as telephones, hearing aids, camcorders and multimedia computers employ electret technology.

http://www.alcatel-lucent.com

Huawei Expands North American Executive Team

Huawei Technologies has appointed Jerry Prestinario to the position of Vice President of Technical Services Division for North America. Prestinario will have full responsibilities for all customer technical support and delivery services. Huawei's Technical Services Division (TSD) provides engineering services (including network planning, installation and optimization) and support services. Prior to joining Huawei, Prestinario served in leadership roles at several major telecommunications companies, including Lucent and AT&T, where he refined his expertise in customer support and service delivery.

http://www.huawei.com

Wednesday, July 25, 2007

Cisco to Invest $150 Million in VMware Stock

Cisco Systems will purchase $150 million of VMware Class A common shares currently held by EMC Corporation. This will give Cisco approximately 1.6 percent of VMware's total outstanding common stock (less than one percent of the combined voting power of VMware's outstanding common stock). VMware has agreed to consider the appointment of a Cisco executive to VMware's board of directors at a future date.



VMware develops software for virtualization solutions.

http://www.VMware.com

http://www.cisco.com
  • Earlier this month, VMware announced that Intel Capital will invest $218.5 million in VMware's Class A common stock.

Saskatchewan Deploys Cisco for Public Wi-Fi Access

The Government of Saskatchewan is deploying a Cisco Outdoor Wireless Network Solution to provide free Internet access to businesses, residents and visitors across the Province's largest four cities. SaskTel is spearheading the design and deployment of the outdoor wireless solution, which includes Cisco Aironet 1500 Series Outdoor Mesh Access Points at more than 450 locations in Saskatoon, Regina, Prince Albert and Moose Jaw. The wireless networks are now available for public access in all four centers. Financial terms were not disclosed.

http://www.cisco.com

Cisco Authorizes Up To $5 Billion in Additional Stock Repurchases

Cisco's board of directors authorized up to $5 billion in additional repurchases of its common stock. Cisco's board had previously authorized up to $47 billion in stock repurchases. There is no fixed termination date for the repurchase program.



"Cisco's business strategy is to make investments for growth," said Dennis Powell, chief financial officer, Cisco. "The company believes that its available cash provides flexibility to make strategic investments in the business, including R&D and acquisitions, as well as repurchase shares. Today's decision to increase its share buyback program allows the company to continue to return cash to shareholders."http://www.cisco.com

Covad Extends Line Sharing Agreement with AT&T

Covad Communications has extended the commercial line sharing agreement it has with AT&T's local telephone companies. The deal guarantees access to AT&T copper and remote-terminal facilities for new Covad line share customers through May 2009. The agreement also provides for commercial access to AT&T copper facilities in the former BellSouth territory, also through May 2009. Covad and AT&T also resolved a number of disputes.

http://www.covad.com

Alvarion to Integrate ArrayComm's Multi-Antenna software

Alvarion will integrate ArrayComm's multi-antenna signal processing software (A-MASTM) into its 4Motion's Radio Access Network Solutions. Alvarion's WiMAX platform using ArrayComm's software is expected to offer 2 to 4 times more coverage and spectral efficiency than the WiMAX Forum's baseline profiles, through a unique combination of beamforming, MIMO and adaptive interference cancellation.

http://www.alvarion.com

http://www.arraycomm.com


Sprint to Offer Google Services over Mobile WiMAX Network

Sprint will work with Google to spur new mobility and location-assisted services over its forthcoming WiMAX network. Sprint's WiMAX network bandwidth, location detection and presence capabilities will be matched with Google's communications suite - Google Apps - that combines the Gmail, Google Calendar and Google Talk services.



Sprint describes the pact with Google as a milestone in its mobile Internet strategy, describing the deal as a boost for its WiMAX ecosystem infrastructure and device partnerships.



"Google and Sprint will optimize the Internet experience for the digital lifestyle," said Barry West, president, 4G Mobile Broadband for Sprint. "This collaboration brings what will be the best mobile Internet network together with the leading Internet search company. It allows us to capitalize on the powerful mobility and Internet trends, and create wireless services and applications that take advantage of each company's history of product development innovation."



Sprint also confirmed plans to provide open standard APIs (application programming interfaces) to its go-to-market partners and the Internet developer community to create customized products for browsable devices, facilitating the delivery of personalized and interactive services to consumer, business, public safety and government customers. These services will be available in a variety of WiMAX embedded devices, including connection cards, stand-alone modems, laptop computers and consumer electronic devices such as personal media players, mobile Internet devices, gaming devices and phones. Eventually, the WiMAX service will be available in vehicles for navigation information, news and entertainment.

http://www.sprint.com

http://www.google.com
  • Earlier this month, Sprint Nextel and Clearwire agreed to jointly build a nationwide mobile broadband network using WiMAX technology and to promote the global development of WiMAX-based services. The partnership significantly reduces the cost of network construction and is expected to accelerate the rollout of a 4G service.

Riverbed Posts Strong Sales, Releases WDS Software Client for Laptops

Riverbed Technology reported Q2 revenue of $54.0 million, which represents an increase of 199% from the second quarter of last year. Riverbed posted GAAP net income of $3.9 million, or $0.05 per diluted share, compared to a net loss of $6.1 million, or a loss of $0.46 per share, in the second quarter of 2006.



Riverbed noted that it has won over 2,500 cumulative customers since it first introduced the Steelhead product line. Separately, Riverbed announced a software client version of its WDS technology that is intended to deliver LAN-like application performance to any employee, whether on the road, working from home or connected wirelessly in the office. The Steelhead Mobile software accelerates application performance on laptops. Many file downloads that once took mobile or remote workers an hour can be completed in a couple of minutes or seconds, according to the company.

http://www.riverbed.com

China Telecom Deploys Alcatel-Lucent 7750 in Guangdong

Guangdong Telecom, the largest provincial subsidiary of China Telecom, has selected Alcatel-Lucent as a strategic partner for its province-wide metro area network optimization project.



The Alcatel-Lucent 7750 Service Router (SR) will be deployed in 21 cities of Guangdong province, including the major cities of Guangzhou and Shenzhen. It will enable Guangdong Telecom to satisfy the growing appetite for high speed Internet and IP VPN and NGN services.



The project, which also foresees additional network upgrades and expansions in the future, is expected to be completed by the end of 2007. Financial terms were not disclosed.

http://www.alcatel-lucent.com

Aruba and Alcatel-Lucent to Form JV for Enterprise Solutions

Aruba Networks and Alcatel-Lucent will establish a joint venture focused on developing next-generation wired and wireless solutions for the enterprise. Specifically, the joint venture will focus on the design and delivery of hardware and software modules that add secure wireless LAN switching to Alcatel-Lucent's next generation products. The companies said these modules, used in combination with Alcatel-Lucent platforms, will address the growing need for pervasive secure mobility in enterprises of any size.



The joint solution combines Aruba's secure mobile technology with Alcatel-Lucent's wired network infrastructure and communication/collaboration applications suite. The goal is to allow enterprises to benefit from secure mobility, including mobile communication and collaboration, without comprising the integrity of their business critical network traffic. The solution will be designed to identify, authenticate, and manage users regardless of the means by which they access the network. Alcatel-Lucent will market and sell this mobility solution.



Aruba's user-centric networking technology associates security policies with users, instead of ports or hardware. The policies can be enforced independently of how or where a user accesses the network.

http://www.alcatel-lucent.com

http://www.arubanetworks.com

Infineon to Use ARM Processors for Mobile Platforms

Infineon Technologies AG has extended a license agreement with ARM to enable its low-cost, high-performance ARM processors to be used in next-generation handset platforms. The companies said the ARM processors will enable re-use of development processes, accelerated time-to-market and higher performance solutions for mobile phones.

http://www.arm.com

http://www.infineon.com

AboveNet Expands Deployment of Nortel's Optical Metro

AboveNet Communications UK announced its expansion of Metro-Wave, a service offering AboveNet customers private wavelengths between strategically placed hubs in and around London. The service uses Nortel's Optical Metro 5000 series equipment, and this network expansion involves a new hub in Slough. Having recently expanded to Park Royal, AboveNet's Metro-Wave footprint will now span from the Docklands in the east through the City, out to Heathrow and Slough in the west.



AboveNet has been working with Nortel and the Optical Metro 5000 platform for over seven years.

http://www.above.nethttp://www.nortel.com

Bay Microsystems Raises $16 Million for Network Processors

Bay Microsystems has raised $16 million in new venture funding. The company plans to use the funding for enhancing operations and continuing its global expansion. Bay Microsystems reported strong demand for its Chesapeake 40G network processing silicon as well as it's recently introduced ABEx family of wide-area-network (WAN) virtualization system technology.



New institutional investors, Quicksilver Ventures and W Capital, led the financing. Bay's existing institutional investors including Selby Venture Partners, Needham Capital, Pacifica Fund, Glenbrook Capital, Crossbridge Partners and Franklin Park Investment Partners also participated in this most recent round.

http://www.baymicrosystems.com