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BobbyMax
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.

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