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Articles published in May 2000

Ex-Networking Execs Form Optical Co.


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May 31, 2000 : Visionaries form Maple Networks to develop optical systems that address carrier costs of managing and providing multiple services over their networks

OptiMight Secures $32M 2nd Round


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May 31, 2000 : Wu-Fu Chen startup is developing long distance transport systems

LuxN Raises $50M+ In 3rd Round


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May 31, 2000 : New innvestors include E-Tek Dynamics

Cielo Shows Laser with Sandia Labs


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May 31, 2000 : Cielo partners with Sandia demonstrating the industry's first electrically-pumped VCSEL for 1.3?m applications

Agilent Unveils Terabit Router Tester


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May 31, 2000 : Agilents' testing solidifies verification for Lucents' multi-terabit switch router

WorldCom Plans 13 European Data Centers


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May 31, 2000 : WorldCom announces rollout plans for 13 new IDCs

Cable & Wireless Completes Restructuring


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May 31, 2000 : Cable & Wireless announced the launch of Cable & Wireless Global

Crescent Appoints New CEO


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May 31, 2000 : Former Lucent executive takes the helm to lead the rapid growth of start-up company

Chromatis Sold For $4.5 Billion


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May 31, 2000 : Lucent buys metro optical networking startup

SBC Signs $432M Dark Fiber Contract


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May 30, 2000 : Metromedia Fiber Network, Inc. (MFN), the leader in deployment of optical Internet infrastructure within key metropolitan areas internationally, will lease fiber-optic infrastructure to SBC Communications, Inc. across the United States.

Tellium Boosts Optical Staff


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May 30, 2000 : Tellium, Inc., the world's first provider of in-service intelligent optical switches, today announced that three leading optics experts have joined the company's Chief Technology Office

Fujitsu Launches Net Management Services


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May 30, 2000 : Fujitsu Network Services announced today that it is offering a full range of network management services, aimed at smaller and mid-sized public network carriers.

Nortel Ranked No.1 in Sonet, DWDM


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May 30, 2000 : Nortel Networks advances optical leadership position.

Cisco Watch: The Accidental Mentor


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May 30, 2000 : Ben Coes receives advice from Cisco CEO John Chambers

Ennovate Acquires Cornice


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May 29, 2000 : Boosts its service provisioning expertise

Chromatis Tests with Qwest


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May 26, 2000 : Trial confirms the multi-service switching and efficient optical transport capabilities of Chromatis' Metropolis system.

IBM Plans Online Patent Marketplace


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May 25, 2000 : Internet Capital Group and IBM today announced they are forming a new company that will create an online marketplace for buyers and sellers of intellectual property.

Alcatel Completes Newbridge Acquisition


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May 25, 2000 : Alcatel announced the completion of its acquisition of Newbridge Networks. The merger became effective today.

ADC Launches Optical Tester


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May 25, 2000 : ADC today announced the availability of the FSXpert(TM), the first smart optical remote test access system for fiber networks.

Benchmark Closes $750M European Fund


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May 25, 2000 : Benchmark Capital announced that it has closed Benchmark Europe I, a fund dedicated to the European technology market, with $750 million in committed capital.

Atmosphere Adds DSL Module


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May 25, 2000 : Atmosphere Networks, the leader in providing onramps to the high-speed optical network, today announced a new module that adds significant capabilities to its FSN 1200 Full Service Node platform.

ADVA Records Record Growth


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May 25, 2000 : ADVA Optical Networking announced a record quarterly sales performance for the first quarter 2000.

GST Postpones Shareholders Meeting


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May 25, 2000 : GST Telecommunications, Inc. today announced that it has obtained an order of the Ontario Superior Court under the Companies’ Creditors Arrangement Act (Canada) recognizing the Chapter 11 proceedings initiated by the Company in the U.S. As a result of these proceedings, the Company will defer its annual shareholders’ meeting and hold the meeting in the course of the Company’s restructuring.

Broadcom to Buy DVI Maker for $242M


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May 24, 2000 : Acquisition will accelerate content-protected DVI connections, from PCs and set-top boxes to flat panel displays and digital TVs.

Lucent, Alteon Clinch Pact


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May 24, 2000 : Lucent to resell Alteon web switches packaged with Lucent firewall.

Foundry Ships New Router Software


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May 24, 2000 :

Tellabs Launches DWDM Platform


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May 23, 2000 : Will scale to 128 channels of 10 Gbit/s

Metro-Optix Launches Edge Switch


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May 23, 2000 : Aims eliminate requirements for Sonet, ATM, IP equipment

Cisco Maps Out Software Strategy


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May 23, 2000 : Targets delivery of next generation Internet services

Vendors Launch Java OSS Initiative


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May 23, 2000 : Aims to streamline business processes between carriers

Global Crossing Sues Tyco


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May 23, 2000 : Global Crossing Ltd. and its subsidiary, South American Crossing (Subsea) Ltd., today filed a lawsuit against Tyco Submarine Systems Ltd., a subsidiary of Tyco International Ltd.

Fujitsu Introduces Tunable Lasers


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May 23, 2000 : Fujitsu Network Communications, Inc., today introduced a tunable transmitter module that spans four DWDM frequencies, or channels, and can reduce service providers' spare parts investment by 75 percent. It will cost the same as single-channel units.

Nortel Buys Component Startup for $35.5M


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May 23, 2000 : Revolutionary optical component technology provides another key building block in creation of all-optical network.

Nortel Remolds Its Component Business


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May 23, 2000 : New division will incorporate Xros, Coretek

Corning Buys MEMS Maker


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May 22, 2000 : Acquires remaining 67% of Intellisense for $500 million in Corning stock

Optical Solutions Sells PONs to IBN


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May 22, 2000 : Optical Solutions Inc., the industry's first fiber optic solutions provider to bring voice, video and high-speed data directly to the home, today announced a four-year, $16 million contract with IBN, an Indianapolis-based provider of communication services to the home.

Centerpoint Intros Provisioning Scheme


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May 22, 2000 : Operators of both metropolitan and regional networks will be able to keep up with the growing demand for their services through innovative technology developed by Centerpoint Broadband Technologies, Inc.

Tenor Unveils Management System


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May 22, 2000 : Tenor Networks, Inc. today announced TEMPo, its Element Management Platform, which enables Network Service Providers (NSPs) to create, provision and manage enhanced services that are focused on transforming optical network capacity into increased revenue and profits.

Luminous Launches Optical Access Switch


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May 22, 2000 : Carries packet and circuit switched traffic over same net

Terawave Launches PON Products


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May 22, 2000 : Offers symmetrical 622 Mbit/s connections over single fiber

Cyberoptics Announces Stock Split


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May 19, 2000 : CyberOptics Corporation today announced that its Board of Directors has declared a three-for-two split in the form of a stock dividend of one share for every two shares outstanding.

CyberOptics Launches Manufacturing Co.


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May 19, 2000 : CyberOptics Corporation today announced it is launching a new company to develop and market automation systems and process management tools for manufacturing high-precision fiber optic components for broadband telecommunications systems.

ADC's Broadband Sales Up 93%


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May 19, 2000 : ADC today reported record sales of $709 million in the second quarter ended April 30, 2000, an increase of 55% over the $457 million in the comparable quarter of 1999.

ADC Looks For New CEO


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May 19, 2000 : ADC today announced that William J. Cadogan, ADC's chairman, president and CEO, has announced his intention to retire from ADC.

Lucent To Expand In Europe


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May 19, 2000 : In a move to support the company's growing business throughout Europe, the Middle East and Africa (EMEA), Lucent Technologies today announced plans to expand its regional workforce by more than 2,000 people in the next six months.

Lightlogic Raises $57.5 Million


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May 19, 2000 : LightLogic, Inc. announced today that it has raised an additional $57.5 M in a combination of equity and debt financing.

Sycamore Reports Q3 Results


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May 18, 2000 : Revenues grow 104 percent over the year-ago period and the company announces its first true profitable quarter, while deferring expenses for stock compensation.

Kalkhoven Quits JDS Uniphase


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May 18, 2000 : JDS Uniphase Corporation also announced the appointment of Jozef Straus as Chief Executive Officer. Dr. Straus will also remain Co-Chairman.

Pan-European Carrier Picks Lucent


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May 18, 2000 : Lucent Technologies announced it has signed an agreement with NETs for the expansion of its pan-European optical network covering Benelux, Holland, Germany, France, Switzerland and Spain.
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