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Articles published in July 2000

ONI Revenues Hit $9.5 Million


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July 31, 2000 : The company announces its quarterly earnings for the first time since going public

Metromedia to Deploy Juniper Routers


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July 31, 2000 : MFN's worldwide optical IP network to benefit from increased speeds and enhanced security of Juniper's M160 routers

Netro Introduces 3.5 GHz Radio


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July 31, 2000 : The new product expands the range of small- and medium-size businesses a service provider can address with the AirStar system

Giganet Announces VI/IP


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July 31, 2000 : The VI/IP products should greatly improve application performance and scalability over Ethernet, while preserving customers' investments.

Redback to Acquire Abatis Systems


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July 31, 2000 : The deal, estimated at $636 million, will enable Redback to increase the IP service opportunities it provides to its customer base

CODEON Gets $17.1 Million Infusion


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July 31, 2000 : The optical component startup will use the money to expand the manufacturing base for its high-speed external modulators

Ennovate Names CFO, Legal Counsel


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July 31, 2000 : Allen Davis to take charge of Ennovate's financial planning; Christina Schaper to oversee legal affairs

Lucent Develops Organic Laser


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July 31, 2000 : Less expensive organic materials could radically reduce the cost of lasers and lead to more widespread applications

Broadcom to Acquire Altima


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July 31, 2000 : Acquisition expands Broadcom's networking portfolio for small- to medium-size business applications and strengthens presence in Asia

Terawave Introduces PON Navigator


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July 31, 2000 : Terawave claims its software applications allow network designers to deploy PONs without investing in a team of optical specialists

Intellispace Inks $200M Deal With MFN


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July 31, 2000 : IntelliSpace Enters into 20-year Agreement with MFN for Fiber-Optic Networks in up to 67 Major Markets in North America and Europe

ADVA Puts $1 Million Into OptXCon


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July 31, 2000 : OptXCon receives seed funding for the development of advanced optical cross-connect networking solutions

Alcatel Unveils All-Optical Cross-Connect


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July 31, 2000 : The vendor claims its CrossLight photonic cross-connect can reduce network operating costs by 40% The vendor claims its new high-speed cross-connect offers the world's largest capacity levels and 40 percent optical-network cost reduction

Luxcore Raises $10m First Round


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July 31, 2000 : Startup, previously called Synchordia, is developing an all-optical switch

Nortel to Buy Alteon for $7.8B


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July 28, 2000 : Integrating Alteon's switching products with Nortel's service offerings will enable Nortel to build the next-generation Internet data center

Marconi in $3 Billion+ Deal With BT


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July 28, 2000 : Marconi will supply optical networking gear, SDH equipment, and services for BT's optical network buildout

Williams Posts Second Quarter Results


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July 28, 2000 : Williams Communications reports net loss of $3.9 million on 20% growth in revenues to $515.1 million

FiberNet , Nortel Ink $200 Million Contract


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July 28, 2000 : Two-year deal includes rollout of OPTera Metro solution in five major U.S. cities

MRV Acquires Astro Terra


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July 28, 2000 : Unification of optical wireless activities to take place under newly formed Optical Access Inc.

Corning and Nortel End Discussions


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July 27, 2000 : Nortel's optical division will not be combining with Corning

Alcatel Plans Optical Tracking Stock


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July 27, 2000 : Alcatel announces plans to create a tracking stock for its optical components business.

Luminent IPO


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July 27, 2000 : MRV Communications has filed for an IPO for its subsidiary, Luminent.

Alcatel Posts 37% Rise in Revenues


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July 27, 2000 : Strategic repositioning gives Alcatel a record Q2.

JDSU 's 4Q Sales Up 33%


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July 26, 2000 : Sales for year ending June 30 total $1.43 billion

VIAG Interkom to Deploy Marconi Solution


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July 26, 2000 : Marconi wins order to deploy wireless local loop system for German voice/data network

Nortel Q2 Revenues Up 48%


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July 26, 2000 : Raises outlook for 2000 and sets outlook for 2001

Packeteer Intros Next Gen Software


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July 26, 2000 : Packeteer announces a new version of its advanced PacketWise operating software

Bookham Opens Component Plant


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July 26, 2000 : 16,000-sq-ft. facility will make silicon-based optical integrated circuits.

Physical Optics Expands Switch Line


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July 25, 2000 : POC introduces its new and expanded Fiber Optic Route Protection Switch

Unisphere Wins Contract in Korea


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July 25, 2000 : Unisphere’s Edge Routing Switch to terminate 1.5 million Hanaro subscribers by year’s end

ONI Opens R&D Center in RTP


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July 25, 2000 : New facility supports product development, sales, and field engineering

NorthEast Optic Reports 236% Growth


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July 25, 2000 : NorthEast Optic Network announces second quarter 2000 results

Nortel Lands $2B Order With BT


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July 25, 2000 : Joins Marconi as strategic supplier for IP upgrade of U.K. backbone

Time Warner Selects Sonus for Buildout


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July 25, 2000 : Time Warner Telecom will purchase $75 million worth of equipment over next three years

Lucent to Buy Spring Tide for $1.3B


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July 25, 2000 : Acquisition will further its VPN capability, Lucent says

Corning Profits Beat Expectations


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July 25, 2000 : Corning pro forma earnings per share up 80% in second quarter

Cypress Semi Acquires MEMS Maker


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July 25, 2000 : Cypress acquires Silicon Light Machines

Optical Startup Launched in India


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July 25, 2000 : Sycamore-sponsored startup to focus on high-capacity Internet transport

Siemens Invests in Switch Startup


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July 24, 2000 : Optical Micro-Machines Inc. already supplies MEMs-based subsystems used in Siemens' optical cross-connect

Nortel to Double Production Capacity


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July 24, 2000 : Invests further $1.9 billion in components, systems

Marconi wins $3+ Billion Contract


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July 24, 2000 : British Telecom picks it for SDH, DWDM

Marconi Launches Gig E Switches


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July 24, 2000 : Backplane capacities of 45.76 and 139 Gbit/s

Ciena Signs $120M Contract With Nextlink


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July 24, 2000 : Nextlink lights first section of its intercity network in the "Texas Triangle"

Sycamore Intros SILVX Partner Program


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July 24, 2000 : The first program partners offer integrated service provisioning and service assurance capabilities

Amber Raises $91M Third Round


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July 24, 2000 : Record investments reaffirm Amber's market-leading position

Ex-RBOC Prez Joins Quantum Bridge Board


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July 24, 2000 : James Cullen to enhance company's service provider focus

Syndesis Launches Provisioning Platform


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July 24, 2000 : Joins Sycamore partner program

Alloptic Gets CEO, Opens Lab


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July 21, 2000 : Advanced Technology Lab will strengthen links to UC Davis

Agilent Expects 3Q Earnings Shortfall


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July 21, 2000 : Blames parts shortages

Alcatel Takes 74% Share in Cable Contractor


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July 21, 2000 : Anticipates service provider needs for submarine installs
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