& cplSiteName &
Comments
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Page 1 / 2   >   >>
BobbyMax
50%
50%
BobbyMax,
User Rank: Light Beer
12/5/2012 | 12:50:03 AM
re: Stealthy Startup Leads With Layoffs
The fraud and scam penetrated by Nexabit was of very high calibre. Lucent discontinued the product as soon it was discovered that the product did not work. Charging a billion dollar for piece of junk is the highest act of dishonesty.

Nexabit took full advantage of Lucent by sellinbg a piece of junk which could not be salvaged. I am surprised that Lucent did not take any action against the Nexabit management for its fraudulent activities.

Nexabit almost depleted a billion dollar of cash from the Lucent assets. It is a common tactics for companies like Nexabit to misrepresent everything -- product, technology, customers and revenues.

There are a number of companies ready to do what Ascend, Octel Communications,SpringTide, Nexabit, Alteon, Xylan, and thousands of other fraudulent companies have done to the other US companies. This kind of fraud must be stopped.

Acquiring start-ups is a very risky business. In the last 3-4 years the tales of deceptions have become more and more intense.
sjd5
50%
50%
sjd5,
User Rank: Light Beer
12/4/2012 | 10:39:59 PM
re: Stealthy Startup Leads With Layoffs
It's a good thing he is not saying much. You can't trust anything he says.
realdeal
50%
50%
realdeal,
User Rank: Light Beer
12/4/2012 | 10:39:53 PM
re: Stealthy Startup Leads With Layoffs
"Our primary list of customers includes, but is not limited to, Global Crossing, Yipes, Xo, MFN, Mcleod, and Williams. We are also in a number of trials with several BLECS and CLECS"
ipv6
50%
50%
ipv6,
User Rank: Light Beer
12/4/2012 | 10:39:53 PM
re: Stealthy Startup Leads With Layoffs
I heard that the Nexabit router Lucent bought never worked as a router...
chechaco
50%
50%
chechaco,
User Rank: Light Beer
12/4/2012 | 10:39:51 PM
re: Stealthy Startup Leads With Layoffs
Are you looking for technical details or just making a wave?
And I've heard that ipv6 is neither IP nor v6.
Lichtverbindung
50%
50%
Lichtverbindung,
User Rank: Light Beer
12/4/2012 | 10:39:51 PM
re: Stealthy Startup Leads With Layoffs
I have heard many horrors story about Nexabit, it is usually represented as a typical scam of the glory days of the Internet bubble.
Now, I have seen recently that Lucent announced a new hi-capacity ATM/MPLS switch TMX-880 and that it was based on the Nexabit platform.
Is this Lucent's marketing spin or did Lucent get finally something out of Nexabit ?
loveduck
50%
50%
loveduck,
User Rank: Light Beer
12/4/2012 | 10:39:49 PM
re: Stealthy Startup Leads With Layoffs
LuxN had 3-4 round of lay off,but nothing show up in Light reading. Have any of you heard anything about LuxN? They treat employee very bad and never honest to their employees.

Dead Duck
gladiator1
50%
50%
gladiator1,
User Rank: Light Beer
12/4/2012 | 10:39:48 PM
re: Stealthy Startup Leads With Layoffs
Yep, the TMX-880 is indeed the Nexabit platform. I have one of them in our labs. Surprise! Surprise! it works reasonably well.

Hey, give Lucent some credit. They have at least managed to salvage the Nexabit platform as opposed to Tellabs (Netcore), Unisphere (Castle Networks), Ciena (Omnia), Cisco (Monterey) - the list goes on - where the acquired platforms have been written off/cancelled.
let-there-be-light
50%
50%
let-there-be-light,
User Rank: Light Beer
12/4/2012 | 10:39:47 PM
re: Stealthy Startup Leads With Layoffs
Nexabit a scam? How dare you?

I can say with certainty:

All 100% idle chatter
ivehadit
50%
50%
ivehadit,
User Rank: Light Beer
12/4/2012 | 10:39:42 PM
re: Stealthy Startup Leads With Layoffs
the balmy beaches of jamaica
rust the circuits
in my arm
-unknown author

at $900M and counting, mukesh is just having fun. don't look for anything significant from him.

Page 1 / 2   >   >>


Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
March 20-22, 2018, Denver Marriott Tech Center
March 22, 2018, Denver, Colorado | Denver Marriott Tech Center
March 28, 2018, Kansas City Convention Center
April 4, 2018, The Westin Dallas Downtown, Dallas
April 9, 2018, Las Vegas Convention Center
May 14-16, 2018, Austin Convention Center
September 25-27, 2018, Denver, Colorado
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Trump Says Foxconn Will Make iPhones in US
Dan Jones, Mobile Editor, 1/15/2018
Net Neutrality Moves Are as Futile as Trump's Comb-Over
Iain Morris, News Editor, 1/18/2018
Huawei, ZTE Face US Federal Ban
Iain Morris, News Editor, 1/15/2018
Ericsson Lurches to $1.8B Write-Down
Iain Morris, News Editor, 1/16/2018
Analyst: Verizon's Fixed 5G Is a Loss Leader for Mobile
Dan Jones, Mobile Editor, 1/16/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed