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Motorola/Nortel team on VoIP; Allegro raises $60 M in Series B

Sun, 02/03/2002 - 7:00pm
Anne Kerven

Motorola Inc.'s Broadband Communications Sector teamed with Nortel Networks on an integrated VoIP system intended to help simplify deployment of VoIP equipment, the two say. The nonexclusive deal combines Motorola's IP cable access network experience and Nortel's work in deploying voice and data networks. …

Under a preferred supplier deal, Royal Philips Electronics will supply its DSX5353 DirecTV Receiver for use in DirecTV's direct sales and marketing programs, Philips says. Neither company is disclosing financial or volume details. …

Cisco Systems Inc. named Stanford University President John L. Hennessy to its board. The former prof's past included co-founding MIPS Computer Systems, now MIPS Technologies. …

Liberty Cablevision of Puerto Rico will use WorldGate's iTV service in its digital cable product. The service will use the Motorola DCT-1000 platform and will launch in the second quarter. …

Allegro Networks ' second round of financing raised another $60 million, for a total of $89 million. The second round, led by Thomas Weisel Venture Partners, will go to product and sales development, and to general operational expenses, the company says. …

NETGEAR Inc. is ready to ship its wireless LAN system based on the IEEE 802.11a standard, and which transfers data five times faster than the standard rate at about twice the price of existing 802.11b products, it says. Data transfer rates can reach 54 Mbps and 72 Mbps in turbo mode. …

Will previous talks between EchoStar Communications/Hughes Electronics Corp. tank the current proposed merger? The U.S. Federal Communications Commission and U.S. Department of Justice reportedly have asked for information on the talks and why they went nowhere. EchoStar Chair Charles Ergen says the talks, from 1999 until 2001, fell apart over costs of standardizing equipment if the two were to combine satellite capacity, The Wall Street Journal says.

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