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NYSE : NTTSX : NT
January 12, 2009 eleven:00 ET
New 5600 sequence supplies trade-main efficiency, cost-Effectiveness, Reliability
BILLERICA, MASSACHUSETTS--(Marketwire - Jan. 12, 2009) - Nortel(1) (TSX:NT)(NYSE:NT) extended its Ethernet collection of facts options these days via unveiling the brand unusual Nortel Ethernet Routing swap 5600 family unit to enable a extra low-cost, supple and legit deployment of excessive-ability, high-performance networks that supply crucial aggressive skills for firms.
"here's more than a unusual line of stackable switches for indifferent deployments. Given the efficiency and resiliency they deliver to the information core environment, this unusual line presents organisations flexibility at a really aggressive rate element," celebrated Zeus Kerravala, senior vice chairman, Yankee neighborhood(2). "This bolsters Nortel's unified communications retort portfolio, however more importantly, it demonstrates that Nortel is affecting ahead in designing unusual products that signify mighty offerings and dedication to the enterprise market."
This unusual line of excessive-conclusion, stackable Nortel switches turned into designed and engineered from the ground up to breathe a damage from the evolutionary fashion to constructing records products to carry true-time unified communications with market-leading efficiency and features. The five switches in the unusual ERS 5600 sequence present as much as 18 times the stacking performance, up to twice the capability, and as much as seven-times the resiliency of the stackable switches from the simple competition, at a fraction of the cost.
"Nortel's solution gives the basis for unified communications and simplifies their community infrastructure, offering business-leading performance and performance combined with extraordinary throughput, reliability and affordability," spoke of Allen Frost, community architect, Novell(2). "It too requires much less machine and that translates to discounts when it comes to capital and operational charges. The ERS 5600 switches proved to breathe essential to deploy, and they hope significant productiveness enhancements in addition to ongoing can impregnate savings with this information networking solution."
"organizations prize the power of unified communications - the challenge is a course to pickup there from here," celebrated Joel Hackney, president, commercial enterprise options, Nortel. "the 1st step is deploying an impressive, excessive-performance data network, because without it, the infrastructure might not uphold video and real-time apps critical to unified communications. the brand unusual family unit of Nortel Ethernet switches we're introducing these days are designed to not best deliver that performance needed to these days, but to accommodate the evolving wants and skill unified communications will require in the future. This confirms Nortel's dedication to the wants of the commercial enterprise market as they proceed to strengthen and carry options designed to augment competitiveness and reduce working costs."
The Nortel Ethernet Routing change 5600 has been designed as a value valuable and bonafide change now not simplest relevant for deployment in the information middle, but superior aspects additionally permit the switches to breathe used within the part, distribution and core layers of the network. The 5600 switches are stack-compatible with the existing ERS 5500 switches, allowing a composite of port speeds and densities to fulfill any application while keeping present investments. the brand unusual fashions are barnone with built-in with trade-main 10 Gigabit uplink potential. The 5600 additionally contains a mannequin with uphold for as much as 96 Gigabit power over Ethernet ports. This power over Ethernet potential in a stackable swap allows for for comparatively cheap, high-density UC deployments - and is just obtainable from Nortel.
Finland-based mostly reseller, Nordic Lan&Wan(2), has loved tremendous penetration across a brace of consumer segments with the Nortel ERS 5000 portfolio. "We're very providential with the ERS 5000 products. The latest feature enhancements of the brand unusual 5600 fashions actually simplify network planning and design. In specific, the pliability and performance of the brand unusual line mitigates the dangers inherent in deploying excessive-efficiency networks and offers marvelous investment insurance policy," stated Juha Pasanen, provider director, Nordic Lan&Wan.
The Nortel Ethernet Routing swap 5600 portfolio is generally purchasable now.
Nortel data solutions are third-birthday party confirmed to deliver 20 instances the efficiency, seven times the resiliency at 50 % of the total cost of possession in comparison to the primary competition.(3)
Nortel is a identified leader in delivering communications capabilities that execute the covenant of enterprise Made essential a verity for their consumers. Their next-era technologies, for both service issuer and trade networks, uphold multimedia and business-crucial applications. Nortel's technologies are designed to aid dispose of brand unusual obstacles to effectivity, speed and performance by simplifying networks and connecting people to the information they need, when they want it. Nortel does enterprise in additional than a hundred and fifty nations world wide. For greater tips, hunt recommendation from Nortel on the web at www.nortel.com. For the newest Nortel information, visit www.nortel.com/news.
definite statements in this press release may additionally comprehend phrases similar to "may", "expects", "may additionally", "anticipates", "believes", "intends", "estimates", "ambitions", "envisions", "seeks" and different an identical language and are considered ahead-looking statements or information below applicable securities legislations. These statements are according to Nortel's latest expectations, estimates, forecasts and projections in regards to the working ambiance, economies and markets wherein Nortel operates. These statements are discipline to vital assumptions, risks and uncertainties, which can breathe intricate to predict and the actual result could breathe materially several from those contemplated in forward-looking statements. For more information with admire to certain of these and different components, note Nortel's Annual file on Form10-ok, Quarterly stories on figure 10-Q and other securities filings with the SEC. unless in any other case required via relevant securities laws, Nortel disclaims any intent or duty to replace or revise any forward-looking statements, even if as a result of unusual tips, future movements or otherwise.
(1)Nortel, the Nortel logo and the Globemark are emblems of Nortel Networks.
(2)this is a 3rd birthday party hyperlink as described in their internet linking practices.
Use of the phrases "companion" and "partnership" doesn't imply a prison partnership between Nortel and some other birthday celebration.
(3)The Tolly neighborhood document number 208298, July 2008, suggested the effects of an influence consumption comparison of six Nortel converged records network products which comprehend large and medium core and wiring closet Ethernet Routing Switches (ERS), commercial enterprise fork office routers, and IP telephones compared to similar Cisco products on the foundation of vigour consumption and heat dissipation, and five-year operational charge. note too the Tolly neighborhood record number 208275, January 2008, and info-Tech research group report (January 30, 2008).
LINTHICUM, Md.--(business WIRE)--Ciena® organization (NASDAQ: CIEN), the community expert, nowadays announced that it has entered into agreements with Nortel to buy appreciably the entire optical networking and carrier Ethernet property of Nortel’s Metro Ethernet Networks (guys) company for $390 million in money and 10 million shares of Ciena ordinary stock. The product and expertise assets to breathe bought comprehend Nortel’s lengthy-haul optical transport portfolio; metro optical Ethernet switching and transport solutions; Ethernet transport, aggregation and switching know-how; multiservice SONET/SDH product families; and network administration utility products.
The proposed transaction would strengthen Ciena’s world presence and convey collectively complementary applied sciences in switching and transport if you want to present clients a realistic course for transitioning to automatic, optical Ethernet-primarily based networking. based on the closing rate of Ciena’s stock on Tuesday, October 6, 2009, the composite value of the shares to breathe issued by using Ciena is about $131 million, bringing the value of the respect to approximately $521 million. The belongings to breathe received generated approximately $1.36 billion in earnings for Nortel in 2008 and $556 million (unaudited) within the first six months of 2009.
“here's a special and exciting probability for us to speed up their present approach and the pace of their augment plans with the aid of two to 3 years,” pointed out Gary Smith, Ciena’s CEO and president. “We believe this transaction will belt us for quicker growth via giving us greater geographic attain, broader consumer relationships and a deeper portfolio of solutions. They accept as genuine with we're best positioned to leverage these assets, thereby developing a stately challenger to accustomed network carriers.”
He continued: “we now beget gigantic admire for the talented people at Nortel and for his or her track record of innovation, and they appear to breathe forward to the possibility to construct on their current presence in Canada, the belt we've operated an R&D middle of excellence in view that 2003. should the transaction breathe achieved, they can breathe disciplined in integrating the got belongings on an aggressive timeframe. they are able to draw from the most desirable in their respective groups, cultures and handicap to execute certain that they carry continuity of give and innovation for their clients and meet shareholder expectations.”
Ciena is anticipated to execute employment presents to as a minimum 2,000 Nortel employees to become fragment of Ciena’s international team of community consultants. The proposed acquisition would vastly augment Ciena’s latest Canadian-primarily based pile components, making Ottawa the business’s biggest product and construction core. Ciena presently has pile facilities in Alpharetta, Georgia; Linthicum, Maryland; Ottawa, Ontario; San Jose, California; Spokane, Washington; and Gurgaon, India. As of July 31, 2009, the discontinuance of its fiscal third quarter, Ciena employed 2,one hundred ten employees globally.
Given the structure of the transaction as an asset carve-out, Ciena expects to incur integration-connected fees of approximately $one hundred eighty million. in response to present expectations of deal timing, Ciena anticipates that the majority of the integration-related costs should breathe incurred in 2010 and expects the transaction to breathe greatly accretive to Ciena’s consequences of operations in fiscal 2011.
on account of Nortel’s restructuring method, the transaction is topic to a competitive bidding manner and requires the approval of the united states chapter court for the District of Delaware and the Ontario sophisticated court of Justice. Ciena expects hearings earlier than these courts to ratify bidding approaches, break-up payment and fee compensation could breathe held within the next several weeks, adopted through a bid duration and a potential public sale, with final sale hearings to breathe held thereafter.
in the Europe, middle East and Africa (EMEA) vicinity, Ciena has entered into an settlement with the Joint directors, on behalf of the Nortel EMEA entities taking fragment within the transaction for which they beget been appointed, and where relevant, the transaction is topic to statutory suggestions-sharing and consultation approaches with the central employee representatives, in addition to approval of the court in Israel.
The transaction is additionally province to commonplace closing conditions, including receipt of fundamental regulatory approvals.
Deutsche bank Securities Inc. and Foros Securities LLC served as pecuniary advisors to Ciena on this transaction.
more information about this proposed transaction is obtainable in a kind eight-k to breathe filed by means of Ciena these days and on Ciena’s web page at http://www.ciena.com.
are animated web Broadcast and Teleconference of dialogue
Ciena’s executives will host a discussion of this information announcement with buyers and monetary analysts these days, Wednesday, October 7, 2009 at eight:30 am (jap). The live broadcast of the dialogue will breathe accessible by the employ of Ciena’s web page at http://investor.ciena.com. The dialogue will even breathe teleconferenced and obtainable globally by using dialing +1 (719) 325-2370. gratify employ entry code 1922497. A limited variety of dial-in traces may breathe made obtainable. To execute positive your participation within the teleconference, gratify dial into the convoke core at least 5 minutes in foster of the scheduled conference birth time.
For these unable to heave fragment within the live webcast/teleconference call, an automated playback should breathe obtainable from about 12:00 pm (eastern) on Wednesday, October 7, 2009 via hour of darkness (japanese) on Thursday, October eight, 2009. To listen to the replay at any time within the U.S. and Canada, dial: (888) 203-1112 and from overseas areas: +1 (719) 457-0820. gratify employ entry code 1922497. An archived edition of the dialogue will even breathe obtainable presently following the conclusion of the live broadcast on the Investor family members page of Ciena’s site at: http://investor.ciena.com.
Ciena specializes in useful network transition. They present leading network infrastructure options, quick-witted application and a complete features apply to relieve their valued clientele employ their networks to fundamentally trade the manner they compete. With a worldwide presence, Ciena leverages its heritage of purposeful innovation to bring optimum efficiency and pecuniary charge in communications networks worldwide. They routinely post synchronous news, pecuniary outcomes and other crucial bulletins and suggestions about Ciena on their site. For greater tips, talk over with www.ciena.com.
notice to investors
ahead-looking statements. This press release consists of certain forward-searching statements in accordance with existing expectations, forecasts and assumptions that involve hazards and uncertainties. forward-looking statements encompass statements regarding Ciena's expectations, beliefs, intentions or ideas regarding the future and may breathe identified with the aid of forward-looking words comparable to "expect," "trust," "may," "estimate," "predict," "intend," "may," "should," "will," and "would" or similar words. ahead-searching statements regarding the transaction described herein include, but don't appear to breathe restricted to, statements concerning the benefits of the transaction, together with future economic and operating effects, accretion to revenue per partake coming up from the transaction, integration prices, the anticipated quantity and timing of cost reductions and operating synergies, even if and when the transaction meditated should breathe consummated, and the combined business's plans, expectations, ambitions, and intentions. These statements are in keeping with assistance available to Ciena as of the date hereof and precise consequences might differ materially from those mentioned or implied. These statements are province to risks and uncertainties associated with Ciena’s enterprise, which consist of the possibility elements disclosed in Ciena’s figure 10-Q filed with the SEC on September three, 2009. hazards regarding the proposed transaction include, however are not constrained to: chapter and regulatory approvals might too now not breathe acquired; the predicted merits and synergies of the proposed transaction might too not breathe realized; the combination may breathe materially delayed or can breathe extra expensive or complicated than expected; and the proposed transaction might too no longer breathe consummated. Ciena assumes no duty to update the guidance included in this press free up, no matter if as a result of unusual guidance, future movements or otherwise.
EUC with HCI: Why It concerns
Networking seller Ciena has now formally closed the deal to purchase the optical networking and provider Ethernet know-how of Nortel's Metro Ethernet Networks (men) company for a complete buy fee of about $774 million.
The deal's closure marks the discontinuance of a nearly six-month manner during which Ciena has been in search of Nortel's assets because it assumes a brand unusual belt within the service networking trade.
Nortel entered into bankruptcy in January 2009, and has spent lots of the past 12 months selling off its quite a few divisions. Ciena first bid on the Nortel carrier belongings in October, and formally received the public sale for the trade at the conclusion of November.
Ciena is now relocating ahead as a combined entity with Nortel's guys and aims to breathe a tremendous player within the carrier market.
"Ciena's aggressive belt in the market has been significantly greater with the Nortel men acquisition," Dave Parks, director of product marketing at Ciena, informed InternetNews.com. "we're massive ample to execute however not too universal fancy some of their bigger rivals to lose focus. Ciena now holds the number 1 optical networking market partake position in North the usa and number three position globally."
Parks added that Ciena is now positioned to breathe a market chief in optical switching and is emerging as a heavyweight in carrier Ethernet. Nortel had been engaged on 100 gigabit networking applied sciences, and already has trials of its solution with Verizon.
Ciena is planning to rebrand the current Nortel men platforms with its own emblem over time, even though Parks mentioned that the enterprise isn't planning to rename any of the Nortel guys items. existing products don't appear to breathe being phased out except they were already discontinued in foster of the acquisition, he delivered.
"We could breathe leveraging key capabilities and technologies from both typical Ciena and Nortel men and making employ of these throughout the portfolio the belt it makes experience," Parks talked about. "Some examples of this comprehend adding Nortel guys's 100G expertise to different Ciena items and Ciena's manage airplane utility to other Nortel guys items."
Ciena will proceed to relieve present Nortel valued clientele, and barnone products which are at present delivery to customers could beget continuity of provide and support, he stated.
"in fact, a lot of Nortel men's items and capabilities are key add-ons of their going-forward portfolio and approach," Parks talked about. "we've prepared their mixed portfolio round options according to converged optical Ethernet via leveraging key outfit and know-how attributes in a number of areas that aid their consumers execute their networks larger means, converged and automated."
The optical networking and carrier Ethernet company is the final of Nortel's essential divisions to breathe liquidated through the bankrupt enterprise because it now winds down its operations. Nortel previously bought its instant belongings to Ericsson for bid of $1.13 billion. Nortel bought its commercial enterprise belongings to Avaya for $900 million.
Sean Michael Kerner is a senior editor at InternetNews.com, the information carrier of web.com, the community for technology experts.
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Credo Semiconductor, a global innovation leader in elevated performance, low power connectivity solutions for 100G, 200G, and 400G port enabled networks, and Innovium, Inc., a leading provider of networking switch solutions for data centers, today announced the successful interoperability of Credo’s energetic Ethernet Cable (AEC) connectivity solutions with Innovium’s industry-leading 12.8Tbps TERALYNX™ switch silicon. Interoperability includes uphold for 400G/200G based QSFP-DD to QSFP-DD, QSFP-DD to 4xQSFP28 and QSFP56 to 2xQSFP28 energetic Ethernet Cables. The companies will demonstrate their products live at Optical Fiber Communications (OFC) Conference and Exhibition, to breathe held March 5-7, 2019 at the San Diego, CA Convention Center.
As customers adopt 400G for data center connectivity, the skill to employ AEC’s to deploy lighter gauge, lighter weight, and superior crook radius solutions that too deliver longer compass for 50G PAM4 technology offers customers a major cost savings for high-bandwidth intra-rack and inter-rack connectivity vs currently-available optical solutions.
“The extended compass capability of Credo’s energetic Ethernet Cables enables data center customers to drastically reduce cap-ex by leveraging elevated radix 12.8Tbps switch solutions from Innovium to span across multiple server-storage racks”, said Amit Sanyal, VP of Product Management and Marketing at Innovium. “Innovium, the only provider of a low-latency, programmable 12.8Tbps switch silicon in the market, is excited to ally with Credo to advertise the successful demonstration of 100-400G interoperability with Credo's unique portfolio of energetic Ethernet Cables”.
“Credo’s energetic Ethernet Cables in conjunction with innovative 12.8T switch solutions from Innovium are intended to relieve accelerate the deployment of 400G Data center infrastructure. In addition to superior cost and power performance, Credo AEC’s are uniquely capable of providing Gearbox functionality within the cable to augment Data center architecture flexibility”, said Job Lam, Credo Co-Founder and inventor of the AEC. “The AEC’s allow for simple retrofit upgrade paths as the 400G eco-system evolves. The deterministic nature of the solution too eliminates copper variability inherent in Direct Attached Copper Cables (DACs) and insures oversight free data transfer”.
About Credo Semiconductor
Credo is a leading provider of elevated performance, mixed-signal semiconductor solutions for the data center, enterprise networking and high-performance computing markets. Credo's advanced Serializer-Deserializer (SerDes) technology delivers the bandwidth scalability and end-to-end signal integrity for next generation platforms requiring single-lane 25G, 50G, and 100G connectivity for 100G, 200G, 400G, and soon to foster 800G networks. The company makes its SerDes available in the figure of Intellectual Property (IP) licensing on the most advanced processing nodes and with complementary product families focused on extending compass and multiplexing to higher data rates. For more information, gratify visit: www.credosemi.com.
Innovium is a leading provider of elevated performance, innovative switching silicon solutions for data centers. Innovium TERALYNX™ family delivers software compatible products ranging from 3.2Tbps to 12.8Tbps with unmatched power efficiency, radix, programmability, buffers and low latency. Innovium team members beget a highly successful track record in delivering several generations of widely deployed data center products. The company is headquartered in Silicon Valley, California and is backed by leading venture capital firms including Greylock Partners, Walden Riverwood, Capricorn Investment Group, Qualcomm Ventures, S-Cubed Capital and Redline Capital. For more information, gratify visit: www.innovium.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190228005796/en/
SOURCE: Credo Semiconductor"> <Property FormalName="PrimaryTwitterHandle" Value="@credosemi
Copyright trade Wire 2019
"Designers of embedded systems and Industrial IoT solutions must prioritize time-critical data over their networks, but they've been hampered by multiple, competing protocols," said Jack Smith, WINSYSTEMS' director of product development and engineering. "Our unusual NET-429 technology increases the interoperability of their existing networks by taking handicap of the latest developments in IEEE 802.1 Time Sensitive Networking (TSN) and Audio Video Bridging (AVB), coupled with proper property of Service (QoS) implementation."
These high-reliability switches too uphold the IEEE 1588v2 one-step Precision Time Protocol (PTP), ensuring the most critical data is always available on time, optimized and in-sync. System engineers can prioritize their data regardless of multiple or proprietary Ethernet protocols using the selfsame network. The NET-429 line capitalizes on the advanced capabilities of the Marvell® industrial-strength Link Street® switch technology, providing a uniquely secure Ethernet switch for critical installations.
Redundant wide-range power inputs tender abundant flexibility and significant cost savings in implementation. The PoE Power Device uphold precludes having to install power at the data source or other places where it is not practical to drop in power.
"Our product development and engineering teams beget long anticipated the disruptive repercussion accompanying the release of the TSN gauge and the lack of suitable switches," Smith explained. "So, they intentionally produced their first rugged switches to uphold clients in meeting their industrial networking requirements. And, of course, they labor seamlessly with their industrial embedded computers to relieve customers develop complete industrial networking solutions."
The NET-429 was designed for industrial controls within harsh factory-floor environments topic to extreme operating temperatures, shock, vibration, etc. It is too pattern for networking within smart buildings, and the medical, transportation and energy markets. Further, if customers beget special requirements not addressed in the gauge product, WINSYSTEMS' design engineers will collaborate with them to develop a custom version.
PROVEN DESIGN, MANUFACTURING AND CUSTOMER uphold WINSYSTEMS customers can breathe confident in the solutions, products and expertise they receive. From embedded computer design and manufacturing to industrial networking, import on elevated reliability and the perquisite approach to meet your project requirements. The company's sole board computers, embedded systems, I/O expansion modules and Ethernet switches are backed by world-class customer service and responsive technical uphold from knowledgeable application engineers at every step of the process.
ABOUT WINSYSTEMSFounded in 1982, WINSYSTEMS, INC. designs and manufactures embedded sole board computers (SBCs), I/O modules, panel PCs and industrial Ethernet switches that operate over extended temperatures. These high-reliability products are engineered for demanding requirements and harsh environments, including industrial IoT, industrial automation/control, transportation management, energy management, Mil-COTS, medical, digital signage and communications applications. WINSYSTEMS is certified to ISO 9001:2015.
For more information, contact Technical Sales Director George Hilliard at sales@WINSYSTEMS.com or 817-274-7553, ext. 125. www.WINSYSTEMS.com
SOURCE WinSystems, Inc.Related Links
Feb. 28, 2019
Winsystems has unveiled its NET-429 line of rugged Ethernet switches for industrial networking environments. The switches can exploit temperatures from -40 to 85-degrees Celsius, according to a press release.
Winsystems built the NET-429 line with power-over-Ethernet capabilities so users can deploy without a significant amount of wires. It too supports the IEEE 1588v2 one step Precision Time Protocol for data transmission.
"Our product development and engineering teams beget long anticipated the disruptive repercussion accompanying the release of the TSN gauge and the lack of suitable switches," Jack Smith, director of product development and engineering, Winsystems, said in the release. "So, they intentionally produced their first rugged switches to uphold clients in meeting their industrial networking requirements. And, of course, they labor seamlessly with their industrial embedded computers to relieve customers develop complete industrial networking solutions."
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