A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
First Avenue Networks raised $93.3 million through 12,870,000 shares of common stock priced at $7.25 per share. Over 20 institutional investors participated in the sale. First Avenue intends to use the net proceeds for its mobile backhaul network initiatives and to develop fiber extension facilities for targeted metropolitan markets. The funds also will be used […]
EnergiMidt, a Danish utility company, selected Nortel to provide a turnkey solution for delivering Triple Play residential services over a new PON network. EnergiMidt Broadband plans to deliver the services to all of its 162,000 customers. Nortel is also providing EnergiMidt with a carrier-grade optical transport network. Financial terms were not disclosed. The network will […]
Comcast announced the completion of its $350 million broadband network upgrade in the Chicago region. The upgrade provides its cable customers with access to ON DEMAND and Digital Video Recorders and High Speed Internet with download speeds of up to 4Mbps. Digital Video Recorders (DVRs) will be available in the Greater Chicago Region in early […]
MCI is working with Oracle to enhance service delivery of its Enterprise Hosting application management services and optimize its managed hosting infrastructure. MCI Enterprise Hosting is now using the Grid Control functionality of Oracle Enterprise Manager 10g to help reduce the cost and complexity of managing its advanced IP applications and systems via a single […]
Juniper Networks named Robert R. B. Dykes to the position of CFO and executive vice president, Business Operations. He previously served at Flextronics as CFO and president of the Systems Group. Prior to that, Dykes spent 9 years as executive vice president, Worldwide Operations and CFO of Symantec Corporation where, having guided the company through […]
IP Unity and Atreus Systems announced a marketing partnership aimed at automating the provisioning of advanced IP features for top-tier carriers worldwide. TELUS, the largest telecommunications company in Western Canada, has deployed IP Unity’s unified messaging features and will soon implement the joint solution of IP Unity features with Atreus’ service fulfillment solution in its […]
deltathree, a provider of SIP-based VoIP, launched new features and services for its Reseller Program, including expanded inbound calling numbers, call forwarding, voicemail, web call and Web and SMS callback features. In addition, deltathree has expanded the broad range of devices that it has certified are interoperable with its services, and recently launched new pricing […]
Terayon Communication Systems has added significant new capabilities to its flagship Terayon 6400 Network CherryPicker digital video processing platform that enable cable television and other network operators to accelerate their transition to all-digital, next-generation networks and to deliver new digital video applications. New features and capabilities include: Distributed Chassis design that enables operators to acquire, […]
Atheros Communications introduced the first 802.11g wireless access point on a chip. The new AR5006AP-G integrates the wireless network processor, media access controller (MAC), baseband and radio functions into a single silicon chip. Atheros has also integrated many of the discrete components required by previous 802.11g access point designs. Atheros said the transition from a […]
TelCove announced the launch of its OC-192 and 10G wavelength services. The carrier already offered OC-48 and 2.5G Intercity Private Line (IcPL) and Local Private Line (LPL) services. In addition, TelCove is offering a variety of storage networking connections, including Fibre Channel, Enterprise Systems Connectivity (ESCON), Fiber Connectivity (FICON), and Geographically Dispersed Parallel Sysplex (GDPS). […]
Hammerhead Systems, a start-up based in Mountain View, California, extended its switching solution to include unique “Layer 2.5” capabilities aimed at accelerating the delivery of metro Ethernet services using new “PseudoWire” and “Dry Martini” technologies. The company said service providers are experiencing a need for high-density Layer 2.5 traffic aggregation because existing access services (wireline, […]
FiberNet Telecom Group agreed to acquire Con Edison Communications (CEC), a subsidiary of Consolidated Edison, for approximately $37 million in cash. Both FiberNet and Con Edison Communications provide managed network services in the New York metropolitan area. In acquiring CEC, FiberNet gains access to the Con Edison Company of New York (CECONY) electric conduit system, […]
MaXXan Systems, a start-up based in San Jose, California, received an additional $29 million in venture funding for network-based intelligent storage solutions. The products are used in applications such as disaster recovery, storage consolidation and NAS/SAN integration. The new funding was led by BA Venture Partners. Other investors included US Venture Partners (USVP), Venrock Associates, […]