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Articles published in April 2000

CoSine Raises $70 Million


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April 30, 2000 :

Corning Approves Director Equity Plan


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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.

Applied Innovation Intros WDM LANs


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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).

MRV Announces Q1 Results


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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”).

Agilent Buys American Holographic


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April 27, 2000 : Agreement with Massachusetts Company Provides Technological Synergy and Strengthens Agilent's Fiber-Optic Test and Measurement Expertise

Net Insight Develops ASIC


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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.

Vitesse Establishes Venture Fund


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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.

Nortel 1Q Revenue Up 48 Percent


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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%

JDS Uniphase Sales Up 40 Percent


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April 26, 2000 : Sales for the quarter were 40% higher than net sales of $281.7 million for the quarter ended December 31, 1999.

Finisar Ships Smart Optical GBICs


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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.

Corning Earnings Up 75 Percent


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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.

LMGR Intros Compression Scheme


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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.

Scientific-Atlanta Invests $10M in Luminous


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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.

Amber Adds Bodies


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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.

Corning to Buy NZAT for $150M


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April 24, 2000 :

Global Crossing Sells Wavelengths


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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.

RiverDelta Introduces Switch/Router


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April 24, 2000 : Delivers hundreds of thousands of service flows over shared broadband infrastructure

AirFiber Debuts Wireless Optical System


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April 24, 2000 : Claims product links buildings at 622 Mbit/s

PMC-Sierra Unveils Optical Chip Set


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April 24, 2000 : Chips support voice, frame relay, ATM over Sonet/SDH and DWDM

MCI, Others Plan $1B Asian Cable


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April 20, 2000 : Massive undersea link to offer 2.56-T and DWDM

Vitesse to Buy Sitera for $750M


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April 20, 2000 : Optical IC maker attracted by lower-speed Sonet support for edge switches

AMCC's Triple Acquisitions


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April 20, 2000 : Optical chipmaker buys terabit routing, Sonet, fibre channel, and Gig Ethernet technology

Ciena, Juniper Tout Interoperability


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April 20, 2000 : Two succeed in sending 10-G IP packets from router to switch

SBC and Cisco Clinch Alliance


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April 19, 2000 :

Cable & Wireless Acquires European ISP


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April 18, 2000 :

Quantum Bridge Raises $102 Million


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April 18, 2000 : Total funding for optical access startup reaches $124 million

Lucent Plans 320-channel DWDM


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April 17, 2000 : Global Crossing will be testbed in 2001

MRV Launches Switch Component Startup


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April 17, 2000 : Optical Crossing, Inc. to develop "extremely low loss" switching fabric

Sirocco Unveils New Platforms


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April 17, 2000 : Series includes access, metro and edge applications

Foundry Announces Big Router, Switches


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April 17, 2000 : Adds bigger models to 3 product families

Force 10 Raises $50 Million


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April 17, 2000 : Startup targets carrier class Gigabit Ethernet

Brightlink Raises $52 Million


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April 17, 2000 : Third round for developer of large scale optical switch

Williams Spends $200 Million on Corvis Equipment


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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

Metro-Optix Gets $28M Backing


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April 13, 2000 : Plan to develop metro access equipment

Cisco Buys Chip Expertise


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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.

Terawave Files Seven Patents


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April 13, 2000 : Pending patents cover high-speed PONs

CyOptics: $16.3M First Round


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April 13, 2000 : Soros and Sprout Group fund long-haul optoelectronic components

Siemens, Fujitsu Demo Interoperability


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April 13, 2000 : Tests show that Fujitsu's OC-192 Sonet ADM works with Siemens long-haul DWDM gear

MRV to Supply CWDM to Extreme


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April 12, 2000 : Extreme plans 10 gigabit bandwidth over eight channels

Terabeam, Lucent Plan Fiberless Optical


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April 12, 2000 : New technology will provide "over the air" Internet access

Ironbridge Finishes ASICs


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April 12, 2000 : Partnership with LSI Logic results in early delivery

Aerie To Build "Largest Capacity Backbone"


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April 12, 2000 : Plans to lay 8.9 million miles of fiber along routes totalling 20,000 miles

Lucent Plans $150M Ireland Facility


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April 12, 2000 : Lucent says plant will generate $2B annually in optical equipment

Band-X Raises $40 Million


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April 11, 2000 : Second round includes Goldman Sachs and Morgan Stanley Dean Witter

Cisco to Acquire Metro Sonet Killer


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April 11, 2000 : Pays $118 million in stock for Israel's Pentacom

Optical Switch Gets $58 M


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April 11, 2000 : Investment is a first for ADC Ventures

Bookham Announces IPO


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April 11, 2000 : Offering to boost company expansion

Extant Claims First For Optical Switches


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April 11, 2000 : Deploys Tellium's optical cross connects

Anda Completes $70M Round


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April 11, 2000 : Private financing led by Bowman Capital
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