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Articles published in October 2000

360networks Gets $700M Credit Facility


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October 31, 2000 : Enables carrier to charge ahead with construction of Pacific cable

Nortel to Employ VPI Tools


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October 31, 2000 : VPI design tools to be distributed across Nortel Networks' corporate WAN

AT&T to Deploy NEC DWDM System


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October 31, 2000 : AT&T has chosen the NEC SpectralWave 160 as its next-generation DWDM platform, subject to successful testing

$75M Goes to Lightwave Microsystems


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October 31, 2000 : Integrated optical component supplier closes a round of financing led by Meritech Capital Partners

ONI Reports Strong Q3


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October 31, 2000 : Near doubling of customer base fuels 73% revenue growth; net loss of $0.14 per share improves from $0.18 in prior quarter

P-Cube Lands $20 Million


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October 31, 2000 : Singapore Telecom and Sandoz Foundation among investors in 2nd round of funding for service provisioning startup

Alcatel Posts Record Q3


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October 31, 2000 : Sales increase 50 percent; income from operations doubles

Alcatel, 360networks to Partner


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October 31, 2000 : Alcatel will purchase up to $1B of 360networks stock; 360net will award Alcatel a supply contract for at least $100M

BellSouth, Cisco in Optical Internet Deal


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October 31, 2000 : BellSouth selects Cisco as a primary vendor to develop industry's first optical-based Internet exchange

Harmonic Sells DWDM Gear to AT&T


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October 31, 2000 : AT&T Broadband will buy optical nodes and DWDM transmission platforms from Harmonic for use in cable plant upgrades

Alcatel Optronics 3Q Sales Up 173%


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October 31, 2000 : Newly spun off division has Q3 sales of 124.9 million Euro

Centerpoint Closes $130M Round


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October 31, 2000 : Mezzanine round for startup developing transmission systems

Foundry Boosts its Board


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October 31, 2000 : Adds Nicholas Keating of IP Infusion, Steve Young of Found Inc., and Alfred Amoroso of CrossWorlds Software

Vivace Raises $83M Third Round


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October 30, 2000 : Startup is developing MPLS-based switches

MetroPhotonics Raises $62.5M CDN


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October 30, 2000 : Srartup is developing optical ICs

Band-X Opens 1st U.S. Exchange


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October 30, 2000 : New York facility is the first stage of a national Band-X rollout plan

Dynarc Announces Access Router


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October 30, 2000 : Dynarc 1124 access router to target edge of optical IP network

MMC/Monte Vista Router Combo


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October 30, 2000 : First high-speed router reference design based on open-source software and off-the-shelf network processing chipsets

Cierra Photonics Raises $40M


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October 30, 2000 : Series B equity financing from a group of investors led by Worldview Technology Partners

Gotham Hypes 'Switchless Switch'


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October 30, 2000 : Edge device implements a fully-distributed, fully-interconnected, non-blocking mesh architecture

Report: Carrier Spending to Hit $370B


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October 30, 2000 : Total carrier global capital expenditures will grow by 21% in 2001, acoording to RHK analysis

Agilent Intros L-Band DFB Laser


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October 30, 2000 : Laser portfolio now includes C and L bands

Microvision Launches Spinoff


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October 30, 2000 : Lumera Corp. is engaged in the development of high-performance active and passive components for optical networks.

Picolight Gets $38.9M in Round 3


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October 30, 2000 : Funding for supplier of Gigabit networking optoelectronics led by Pequot Private Equity Fund III

Swedish Startup Completes 1st Round


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October 30, 2000 : Lumentis AB secures more than MSEK 100 in first round financing from Deutsche Bank

Quarry Announces Crypto-Breakthrough


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October 30, 2000 : Support for optical-speed encrypted traffic engineering

Dynarc Unveils New Routers


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October 30, 2000 : Auto-provisioning routers target from edge of network to metro backbone

Marconi to Offer "E-Learning"


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October 30, 2000 : Also offering a new certification title under the Marconi Technical Education program : the Product Installation Professional

Marconi Gets $550M Dubai Contract


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October 30, 2000 : Has been chosen to supply advanced communications solutions for planned community

C&W Developing Japan Network


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October 30, 2000 : $1.4 billion optical fibre network will connect around 80 cities

Lynx Hires Senior VP


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October 30, 2000 : Dick Sadai, ex Lucent, joins solid-state optical switch startup

Corning Buys Cisco's Pirelli Share


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October 26, 2000 : Cisco will take shares of Corning's common stock for its 10% stake in Pirelli's optical components and devices business

Ixia Announces Q3 Results


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October 26, 2000 : Net revenues for the third quarter of 2000 were $21.3 million, a 198% increase over Q3 1999

JDSU Announces Q1 Results


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October 26, 2000 : Sales increase 23 percent from fourth quarter

Infrastructure Startup Gets $5.5M


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October 26, 2000 : Financing from Sierra Ventures, Venture Coaches; Talent from Siemens, Alcatel (Newbridge), Nortel, JDS Uniphase

Startup Heads for Sewer


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October 26, 2000 : CityNet Telecommunications to use in-sewer deployment to build fiber optic networks connecting directly into buildings

VxTel Raises $62 Million


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October 26, 2000 : Financing round, led by Bowman Capital Management, raises total funding to $75 million

Sorrento Expecting 80% Revenue Growth


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October 26, 2000 : Osicom subsidiary projects revenue from shipments of products during the third quarter in excess of $6.5 million

Sycamore Names Euro Sales Head


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October 26, 2000 : John Owen previously held the position of vice president, Carrier Networks, BT UK, at Nortel Networks

Redback Opens Hong Kong Office


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October 26, 2000 : To be the company's Asia Pacific regional headquarters

Corning in Chinese Equity Venture


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October 26, 2000 : Agreement with Chengdu Telecommunications Cable Co. Ltd. provides access to growing China telecom mMarket

C-COR.net & Ericsson Win China Bid


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October 26, 2000 : To supply fiber optic and network management equipment in Zhuhai, China

Fujitsu Releases 1st Half Financials


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October 26, 2000 : Solid growth in telecoms sales, gains in profitability

Alcatel, BT Sign $167M Deal


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October 26, 2000 : Alcatel to provide BT with the 7670 Routing Switch Platform

LiquidLight Announces $9M Round 1


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October 26, 2000 : Battery Ventures leads funding for developer of intelligent optical technology

Amber Employing PMC-Sierra Chip Set


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October 26, 2000 : Amber Networks ASR2000 router employs PMC-Sierra chip set for high-density IP over T1 applications

New Focus Revenue Jumps 54%


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October 25, 2000 : Net revenue for the third quarter of 2000 was $22.2 million

CoSine Reports 68% Revenue Growth


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October 25, 2000 : Q3 revenues of $13.0 million and a pro forma net loss of $22.5 million

OMM Sets IPO


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October 25, 2000 : Offering 9 million common shares that could sell for between $10 and $12 apiece

Lucent VP to Join Kymata


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October 25, 2000 : David Plekenpol to be Kymata's Vice President of Global Sales and Marketing
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