News Wire Feed - Post a comment April 28, 2000 : During the company’s annual meeting today, Corning Incorporated stockholders re-elected directors for three-year terms. Shareholders also approved an increase in the number of shares of authorized common stock from 500 million to 1.2 billion.
News Wire Feed - Post a comment April 28, 2000 : Applied Innovation Inc. today announced the release of its new AIflex (Fiber LAN Extender) products to production. These new AIflex products allow customers with access to fiber optic lines to extend their LAN, providing the bandwidth to support both enterprise applications and Operation, Administration, Maintenance and Provisioning (OAM&P).
News Wire Feed - Post a comment April 27, 2000 : MRV Communications, Inc. today announced the signing of definitive agreements to acquire Jolt Ltd., a pioneer in Optical Wireless Communications, Optronics International Corporation (“OIC”), a leading manufacturer of Laser Diodes and Transceivers, and Quantum Optech, Inc (“QOI”) a manufacturer of Optical Thin Film Coating and Filters for Dense Wavelength Division Multiplexing (“DWDM”).
News Wire Feed - Post a comment April 27, 2000 : Agreement with Massachusetts Company Provides Technological Synergy
and Strengthens Agilent's Fiber-Optic Test
and Measurement Expertise
News Wire Feed - Post a comment April 27, 2000 : Net Insight today announced that it has successfully integrated full multiservice switching functionality as a single system-on-a-chip (SOC) design.
News Wire Feed - Post a comment April 27, 2000 : Vitesse Semiconductor Corporation (Nasdaq:VTSS) today announced the establishment of a Venture Fund intended to support the growth of pre-IPO communications companies who are developing cutting-edge components and systems.
News Wire Feed - Post a comment April 26, 2000 : Revenues up 48% to US$6.3 Billion
EPS from Operations up 64% to US$0.23
Outlook for 2000 - Revenue Growth in 30 to 35% range and EPS from Operations Growth Around 30%
News Wire Feed - Post a comment April 26, 2000 : Sales for the quarter were 40% higher than net sales of $281.7 million for the quarter ended December 31, 1999.
News Wire Feed - Post a comment April 26, 2000 : Finisar Corporation announced today the availability of a family of new Extended GBIC Optical Transceivers for Gigabit data transmission over distances up to 80 km.
News Wire Feed - Post a comment April 25, 2000 : Corning Incorporated reported today that its first-quarter earnings before special items increased more than 75%, exceeding Wall Street's revised consensus by 9 cents. While virtually all of its high-technology businesses performed well above expectations, demand was especially strong for the company's optical fiber and optical-networking products used to support the growth of Internet and e-commerce traffic.
News Wire Feed - Post a comment April 25, 2000 : Light Management Group, Inc. announced that it has filed for a United States patent for an Information Compressor for Fiber-Optic Lines.
News Wire Feed - Post a comment April 25, 2000 : Scientific-Atlanta, Inc. announced today that it has signed an equity agreement to invest $10 million in Luminous Networks, a leading developer of next-generation optical transport
technology.
News Wire Feed - Post a comment April 25, 2000 : Amber Networks, a developer of carrier-class networking products, today introduced a management team that includes respected industry engineering, sales, marketing and product development veterans from companies such as Cisco, Com 21, Lucent Technologies and ADC Telecommunications.
News Wire Feed - Post a comment April 24, 2000 : Global Crossing Ltd.,which is building and operating the world's most advanced global IP-based fiber optic network, has announced that its Carrier Services Division is offering wholesale customers optical wavelengths at OC-48 speeds(2.5 gigabits per second). Optical wavelengths give carriers an alternative to purchasing dark fiber or traditional private line, and allows them to offer their customers fully managed IP, SONET and ATM services. Optical wavelength service is available in major cities throughout the North American Crossing network.
News Wire Feed - Post a comment April 24, 2000 : Delivers hundreds of thousands of service flows over shared broadband infrastructure
News Wire Feed - Post a comment April 24, 2000 : Claims product links buildings at 622 Mbit/s
News Wire Feed - Post a comment April 24, 2000 : Chips support voice, frame relay, ATM over Sonet/SDH and DWDM
News Wire Feed - Post a comment April 20, 2000 : Massive undersea link to offer 2.56-T and DWDM
News Wire Feed - Post a comment April 20, 2000 : Optical IC maker attracted by lower-speed Sonet support for edge switches
News Wire Feed - Post a comment April 20, 2000 : Optical chipmaker buys terabit routing, Sonet, fibre channel, and Gig Ethernet technology
News Wire Feed - Post a comment April 20, 2000 : Two succeed in sending 10-G IP packets from router to switch
News Wire Feed - Post a comment April 18, 2000 : Total funding for optical access startup reaches $124 million
News Wire Feed - Post a comment April 17, 2000 : Global Crossing will be testbed in 2001
News Wire Feed - Post a comment April 17, 2000 : Optical Crossing, Inc. to develop "extremely low loss" switching fabric
News Wire Feed - Post a comment April 17, 2000 : Series includes access, metro and edge applications
News Wire Feed - Post a comment April 17, 2000 : Adds bigger models to 3 product families
News Wire Feed - Post a comment April 17, 2000 : Startup targets carrier class Gigabit Ethernet
News Wire Feed - Post a comment April 17, 2000 : Third round for developer of large scale optical switch
News Wire Feed - Post a comment April 13, 2000 : Corvis will supply its suite of optical products for deployment in the Williams Multi-Service Broadband Network upon the successful completion of a field trial for a potential value of $200 Million
News Wire Feed - Post a comment April 13, 2000 : Plan to develop metro access equipment
News Wire Feed - Post a comment April 13, 2000 : Looking to boost performance in its terabit routers, Cisco announced that it will spend $19 million for Seagull Semiconductor's 17 member silicon development team.
Cisco announced that it will spend $19 million to buy the 17 member development team.
News Wire Feed - Post a comment April 13, 2000 : Pending patents cover high-speed PONs
News Wire Feed - Post a comment April 13, 2000 : Soros and Sprout Group fund long-haul optoelectronic components
News Wire Feed - Post a comment April 13, 2000 : Tests show that Fujitsu's OC-192 Sonet ADM works with Siemens long-haul DWDM gear
News Wire Feed - Post a comment April 12, 2000 : Extreme plans 10 gigabit bandwidth over eight channels
News Wire Feed - Post a comment April 12, 2000 : New technology will provide "over the air" Internet access
News Wire Feed - Post a comment April 12, 2000 : Partnership with LSI Logic results in early delivery
News Wire Feed - Post a comment April 12, 2000 : Plans to lay 8.9 million miles of fiber along routes totalling 20,000 miles
News Wire Feed - Post a comment April 12, 2000 : Lucent says plant will generate $2B annually in optical equipment
News Wire Feed - Post a comment April 11, 2000 : Second round includes Goldman Sachs and Morgan Stanley Dean Witter
News Wire Feed - Post a comment April 11, 2000 : Pays $118 million in stock for Israel's Pentacom
News Wire Feed - Post a comment April 11, 2000 : Investment is a first for ADC Ventures
News Wire Feed - Post a comment April 11, 2000 : Offering to boost company expansion
News Wire Feed - Post a comment April 11, 2000 : Deploys Tellium's optical cross connects
News Wire Feed - Post a comment April 11, 2000 : Private financing led by Bowman Capital
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