A new wave of layoffs sweeps through as startups like Ellacoya, Tenor and CoSine seek to conserve cash.

Tellium raises $135 million in IPO; shares trade up 40 percent in first day of trading UPDATED 6PM EDT

Plans to build a $50 million incubator and chip fabrication plant are getting a mixed reception

Ciena's sales grow 20 percent over first quarter and profits beat estimates. Gary Smith is named new CEO

McKinsey/Morgan research report predicts the IP sky is falling, with growth slowing and revenues dropping. How bad is it? UPDATED 5/17 7:00 PM

Alidian lands $50 million OEM deal by which Siemens spinoff Optisphere will market metro networking boxes

Optical Internet chief Mumford says they're beefing up DWDM platform; new CEO will come from outside Nortel

After reporting a brutal revenue shortfall and a $160 million writeoff in fiscal Q3, company focuses on new product

Last summer's acquisition of Silicon Light Machines is beginning to bear fruit

Optenia and MetroPhotonics are aiming to give AWG manufacturers a run for their money

Global Crossing signs long-rumored deal for several of Lucent's wavelength routers; exact amount undisclosed

It says new router software and interfaces will allow carriers to make more money from IP services

Sources say router vendor will announce 40-gig interfaces, upping the stakes in the core router market

New startup Translume has four employees and a big idea: melting channels into a glass block with high-power lasers

Corvis told investors it would reduce its spending. It has started with voluntary layoffs

Forthcoming product will glue together separate 10-Gbit/s Ethernet channels to build 100-Gbit/s optical Ethernet switch

Astral point goes after incumbent carriers by adding Sonet capabilities to its metro platform

Ciena and Marconi are said to be in the running to snap up the DWDM metro networking player for about $250 million

Terry Brown, VP and general manager of Cisco's optical unit, is stepping down for family reasons

The executive suite's getting drafty: John Roth's retiring and the COO has left. Can NT find leadership internally?

JDSU's big cheese Jozef Straus shared his thoughts on next-gen optical components at CLEO in Baltimore

The axe is falling at BBO. Employees will get no severance. Could BBO investor Vinod Khosla be losing his touch?

Report says VC funding is back to the same level it was at in 1999 -- but optical is still hot

Even after a horrible quarter, competitors still view it as the one to beat

Technical highlights from this year's Conference on Lasers and Electro-Optics in Baltimore

Hefty third round will help build customer base for New Jersey startup. But no rush to IPO just yet

Nortel equips its Passport 8600 with 10-Gbit/s interfaces, targeting metro networks; but is it just playing catchup?

Stock jumps 40% on deal with Cox Communications. Optical investment may be returning to the cable industry

The core optical networking player is ready to test the market to raise as much as $112 million

A variety of integrated features in the CoreDirector led to a $150 million contract at TyCom

Wu-Fu Chen startup gets a step closer to delivering chip sets for terabit routers

Carriers Broadwing and Qwest plunge into high-speed data services based on gigabit Ethernet

The collapse of CLEC business and global economic slowdown contribute to the company's worst quarter in history

Doubles power of DFB lasers -- to 340mW -- which could give DWDM a big boost

Has the Cratos film flopped? CEO Sanjeev Newarikar has been bounced, and Raj Singh has left to make movies

The departure of Lucent CFO Deborah Hopkins raises more questions about future management at the company

This startup’s mantra: "All packets, all the time"

Add-on will deploy economical WDM technology to encourage use of metropolitan optical links for storage networks

Chip maker plans to launch an integrated chipset for building load-balanced gigabit switching fabrics

Zhone Technologies withdraws its registration for a $345 million public offering

A laser machining company and a Russian technical institute have spawned a startup making high-powered lasers

BrightLink drops its datacom-friendly CEO and adds a new telco-savvy chairman. Is it putting on its telco happy face?

Optical routing startup faces a headache: Longtime manager is arrested in connection with alleged theft from Lucent

How bad are things for large greenfield carriers like Level 3 and 360 networks? Bad enough

IDCs May Lighten the Gloom — Scott Clavenna

Can healthy sales of its edge router product warm up investor interest in an IPO?

Light Work poll points to disappointing severance packages and delays in finding another job

Ethernet service provider and energy concern swap resources; ONI Systems is "front-runner" for large order

Network Elements' multiprotocol 10-gigabit module adds to the effort to unify telecom systems and datacom components

By adding IP services such as virtual private networks to its edge routers, Cisco squeezes the competition

Is "MPLS" the password for selling next-generation gear? Juniper, Nortel, and Sonus think so -- but the jury's out

Cisco shares suddenly bust loose of their funk, and the rest of the market follows

Cisco launches another metro DWDM box to target both enterprise and service provider customers UPDATED 5PM ET

Economics are likely to encourage carriers to deploy 40-gig in Ethernet before Sonet environments

JDSU's penchant for acquisition hasn't disappeared. It's just snacking quietly on smaller deals

Networking chip is designed to meld networks by supporting a number of 10-gigabit Ethernet formats

Another day, another workforce reduction. Amber, which is building a fault-tolerant edge router, lays off 12 percent

Service providers make light of the big bills they have to pay to connect customers with fiber

Light Research Launches – Scott Clavenna