Terayon Sails Across Tundra
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July 31, 2001 : Terayon's MainSail 8000 MMAP (Multi-function, Multi-service Access Platform) is being deployed by Matanuska Telephone Assoc. in Alaska
Report: EVOA Market to Explode
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July 31, 2001 : ElectroniCast study sees the global consumption value of EVOAs growing from $219.7 million in 2000 to $7.2 billion in 2010
AMCC Delivers Transceivers
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July 31, 2001 : S19206 and S19210 transceivers designed for OC192 Sonet/SDH and proposed 10-gigabit Ethernet applications
PMC-Sierra Offers Notes
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July 31, 2001 : To offer up to $225 million of Convertible Subordinated Notes due 2006; will be convertible into the company's common stock
Redback Beefs Up SMS Platform
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July 31, 2001 : Announces new software enhancements and functionality to its subscriber management system platform
Telseon Teams With Everest
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July 31, 2001 : Deal to connect thousands of Everest-served multitenant unit office buildings to Telseon’s network in four metropolitan markets
Alcatel Scores in Yemen
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July 31, 2001 : Has provided Public Telecommunications Corp. of Yemen with 21 high-capacity Alcatel 1000 Multimedia Multiservices switches
DCL Adds LMP for OIF UNI
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July 31, 2001 : Data Connection releases portable LMP protocol software for the management of core optical networks and for the OIF UNI
OpNet Records Q1 Growth
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July 31, 2001 : Q1 2002 revenue was a record $11.1 million, an increase of 73% over Q1 2001 and 11% over Q4 2001
Motorola to Acquire RiverDelta
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July 31, 2001 : Acquisition adds intelligent, content-aware networking to Motorola's portfolio; transaction is valued at $300 million
Bookham Sees Q2 Slippage
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July 31, 2001 : Revenues were £5.9 million (US$8.3 million), up 27% on the Q2 2000 but down from Q1 2001 revenues of £11.6 million ($16.4 million)
TeraConnect Hires Marketing VP
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July 31, 2001 : Before joining TeraConnect, John Langevin was director of strategic marketing for PMC-Sierra
Paxonet Announces 2 Products
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July 31, 2001 : Integrated 10-gigabit Ethernet/OC192c transport device and low-power dual OC48 Sonet/SDH framer
OCPI Sees Q3 Slippage, Layoffs
News Wire Feed -
July 31, 2001 : Net income decreased 6.2% to $6.9M from $7.4M for Q3 2000 and 42.5% from $12.0M from Q2 2001; to trim about 110 manufacturing jobs
MRV Announces Q2 Returns
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July 30, 2001 : Revenues were $89.5 million, an increase of 21% over revenues of $73.9 million for Q2 2000
Coventor Offers MEMS VOA
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July 30, 2001 : Attenuator platform for optical network power management applications
Nortel Wins Overseas Deals
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July 30, 2001 : Wins $250 million in GSM awards from Chunghwa Telecom; to deliver
UMTS network for Optimus in Portugal
Ciena Signs Agile Deal
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July 30, 2001 : Has signed a multimillion-dollar license agreement to use Agile Anywhere, a Web-based suite of collaborative manufacturing solutions
NurLogic Launches PLLs
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July 30, 2001 : Delivers family of phase locked loop -- PLL -- high-speed analog intellectual property ranging from 266 MHz to 4.8 GHz
Vpacket Cops Another $40M
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July 30, 2001 : Raises more than $40 million in its Series C funding round, bringing the total of investments to date to nearly $60 million
Overture Raises Curtain
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July 30, 2001 : Metro IP startup Overture Networks Inc. has completed its Series A round of funding led by Gray Ventures
LanOptics Reports on Q2
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July 30, 2001 : Revenues from continuing operations total $376,000; announces the final stages of its corporate restructuring
ONI Opens in Montreal
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July 30, 2001 : Its new Lightwave Design Centre in Montreal houses an optical research laboratory
Agere Adds to Portfolio
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July 30, 2001 : New pluggable transceivers, Netlight transceivers with extended temperature range, a 10-Gbit/s PIN receiver, and 2.5-Gbit/s receivers
Unisphere Names CFO
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July 30, 2001 : Announces the appointment of Mark Nasiff to the position of Chief Financial Officer
Alcatel to Acquire Kymata
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July 30, 2001 : Paper deal values the Scottish startup at 134 million Euros ($117 million)
Vitesse, Vixel Team on SANs
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July 30, 2001 : Vitesse and Vixel create 12-channel, 2-Gbit/s Fibre Channel loop switch IC for SANs
In-Stat Sees CLECs Surviving
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July 28, 2001 : According to Cahners In-Stat Group, CLECs should succeed in a volatile environment
Light Management Group Names CEO
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July 27, 2001 : Announces the appointment of Dr. Donald J. Iwacha, its current president, as its new Chief Executive Officer
OMM 86s 3D MEMS
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July 27, 2001 : To discontinue development of large-size photonic crossconnect subsystems based on analog MEMS technology; to cut 100 employees
Altera Announces 10-Gig Chip
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July 27, 2001 : 10-Gbit/s POS-PHY Level 4 chip-to-chip interface for next-generation POS Internet traffic, Ethernet, and ATM
AFOP Reports Q2 Slide
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July 27, 2001 : Alliance Fiber Optic's revenues for the second quarter totaled $4,568,000, a decrease of 38% from the first quarter
Finisar Lowers Expectations
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July 27, 2001 : Revenue and earnings for the fiscal first quarter ending July 31, 2001, to be lower than previously projected
Veeco Posts Q2 Results
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July 27, 2001 : Sales for the quarter ended June 30 were $113.5 million: Pro forma diluted earnings per share were $0.42
Cisco to Acquire Allegro
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July 27, 2001 : Cisco common stock worth up to $181 million will be exchanged for all outstanding shares and options of Allegro Systems
JDSU Closes Fiscal Year
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July 27, 2001 : Sales for Q4 ended June 30 were 35% below the previous quarter; sales for the fiscal year of $3.2 billion were 83% above the prior year
360networks Leaves Nasdaq
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July 26, 2001 : Follows on Chapter 11 filing; will continue to trade on the Toronto Stock Exchange
Corvis Reports on Q2
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July 26, 2001 : Revenues of $65 million, pro forma net loss of $32.2 million or 9 cents per share
Report Sees ATM Boom
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July 26, 2001 : US ATM services revenue up 45% in 2001, according to latest research by Vertical Systems Group
Advanced Fibre Announces Results
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July 26, 2001 : Revenues for Q2 2001 were $78,609,000, compared with $101,232,000 for the second quarter of 2000
Corvis Wins Spanish Deployment
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July 26, 2001 : Telefónica to use Corvis's next-generation optical networking products to connect Mallorca with the mainland
Nortel Declares Dividend
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July 26, 2001 : Declares preferred share dividends; announces conversion of Series 4 preferred shares into common shares
WorldCom Reports on Q2
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July 26, 2001 : Second quarter revenues up 12 percent; cash EPS 28 cents
Agere Posts Q3 Earnings
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July 26, 2001 : Revenues for the quarter, ended June 30, were $927 million, slightly above guidance; pro forma net loss of 30 cents per share
Alcatel Closes Quarter
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July 26, 2001 : Q2 net loss was €3,117 million (US$2.76B) for a diluted loss per share of €2.74 ($2.40) per A share
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