Presenting to the conference audience here this morning, Hubbard said the CESR market was worth nearly $1.9 billion in 2007, is set to grow to be worth more than $3.4 billion in 2010, and grow further to $4.5 billion two years later.
He noted how much the market had changed in the past four years: "In 2004 there were only three companies in the carrier Ethernet switch market -- Atrica Inc. , Cisco Systems Inc. (Nasdaq: CSCO), and Riverstone. Now there are more than 20." (See Nokia Siemens to Acquire Atrica and Lucent to Spend $207M for Riverstone.)
Elsewhere at the Ethernet Expo, following the first day's attack on the market's vendors, a number of equipment companies were announcing new contracts, partnerships, products, and, for one vendor, a rest from the M&A trail. (See Interoute CTO Blames Vendors for Confusion and A Guide to PBT/PBB-TE.)
The RAD team also says it has built in support for Provider Backbone Transport (PBT) into its latest NTU device, the ETX-202A, just to cover any eventualities. (See RAD Intros Demarc Device.)
Among the vendors Soapstone now supports are ANDA Networks Inc. , Telco Systems (BATM) , Extreme Networks Inc. (Nasdaq: EXTR), and Nortel Networks Ltd. . (See ANDA, Soapstone Team.)
— Ray Le Maistre, International News Editor, Light Reading