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OpNet Roundup, April 22-26
April 25, 2002
By Earthweb Staff
Top Stories
Williams Communications Group Files for Chapter 11
The optical-network provider joins a growing list of carriers seeking protection. (more)
Lucent Cuts Net Loss; Revenue Down
The company also meets conditions to spin off its Agere optical-fiber business, and announces 6,000 more job cuts by the end of the fiscal year. (more)
AOL Expands Dial-Up Contract
The world's largest ISP still considers dial-up king in a world obsessed with broadband. The online giant adds lines through an extended pact with Level 3 Communications.(more)
Venture Capital News
T-Networks Gains $30.6M
T-Networks Inc., which provides indium phosphide (InP)-based 10 Gbps and 40 Gbps optical modulators, announced today $30.6 million in new Series B capital investments. The funding includes re-investments by Greylock, Intel Capital, Sequoia Capital, US Venture Partners and Vitesse Semiconductor, in addition to new investor TL Ventures. The latest infusion of venture funding gives the company, which has already introduced products into the optical marketplace, sufficient resources to augment its world-class systems-focused engineering team, further extend the sales infrastructure, and continue product development, officials said.
T-Networks said it expects to achieve revenue generation and volume product shipments by the second half of 2002.
CipherOptics Snares $5M in Series A
High-speed data encryption technology developer CipherOptics said it has closed $5 million in Series A funding commitments. The company's first institutional round was led by Kodiak Venture Partners of Concord, Mass. CipherOptics will use the round to build future generation security products and to establish sales and partner channels for the CipherOptics Security Gateway, a high-performance network security appliance designed to enable the encryption of all data without diminishing network throughput even at full Ethernet Gigabit speeds.
Product News
Juniper's New T-series Takes Potshots At Cisco
Code-named 'Gibson,' the company claims its new routing node and family offers multi-terabit scaling at four times faster than the competition at a cheaper price. (more)
NetPlane Unveils New Software
NetPlane Systems, the protocol software business of Mindspeed Technologies, announced availability of a software suite that enables OEMs to deliver Quality of Service (QoS) in IP networks and support routing
requirements in optical networks, critical to deployment of next-generation networks. The OPTIRoute Traffic Engineering Suite represents the first off-the-shelf protocol independent software solution for the
implementation of Traffic Engineering, providing the necessary linkage between IP routing and Generalized Multi-Protocol Label Switching (G-MPLS), officials said. Several customers have received delivery of this feature.
XO Communications Enhances Ethernet Portfolio
XO Communications Inc. (Quote) announced it is offering enhancements to its existing Ethernet portfolio to provide additional metro networking options for business customers including unprotected Metro Ethernet and high speed connectivity for Fibre Channel and ESCON (Enterprise System Connection) data transport standards. These additions, combined with the existing XO protected Metro and Inter-city Ethernet offerings, further differentiate XO as one of the first service providers to deliver a wide variety of end-to-end Ethernet networking capabilities to its customers within and between the 63 U.S. cities XO serves, officials said.
Acterna Launches Fiber Characterization Service
Acterna
Other News
Cogent Acquires OnSite Access Agreements
Following on heels of PSINet acquisitions, optical Internet service provider adds 16 million square feet to portfolio. (more)
AirFiber Intros Free-Space Optics System
AirFiber Inc., a developer of carrier class free space optical (FSO) access equipment, has unveiled the AirFiber 5800, a protocol-independent product with capacity of up to 1.25 Gigabits per second (Gbps) and the most advanced FSO system available. The AirFiber 5800 guarantees carriers the capacity and service quality previously only available via fiber and enables carriers to write customer service level agreements using FSO products, officials said. The AirFiber 5800 is said to be the first FSO product to incorporate a proprietary "Redundant Link Controller" technology. For the first time ever, carriers can now deploy wireless links that are immune to data loss and provide reliable optical bandwidth to buildings, cell sites and other installations without the time and expense of fiber installation, officials added.
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