News summary for 7/12/07
Nortel to market its softswitches with GenBand gateways
By Brian Santo
Nortel has agreed to resell, distribute and support GenBand’s G6 Universal Media Gateway and G2 Compact Media Gateway. Nortel said the GenBand products complement the existing capabilities of its CS 1500 and CS 2000, which already migrate existing line equipment from both the Nortel DMS-100 and DMS-10.
The combination of the two companies’ products will enable users of legacy TDM voice switches to migrate to Nortel VoIP at a lower cost by reusing rather than replacing existing line equipment.
"There are over 3,000 legacy voice nodes in the rural market today that can be directly upgraded to IP with the expanded Nortel solution, making this a valuable opportunity for carriers to cost-effectively and easily complete the move to an all-IP network," said Alf Decardenas, general manager, Carrier Multimedia Networks, Nortel. "Without the Nortel-GenBand solution, customers would have to consider replacing existing lines at considerable capital and operating cost."
Yahoo’s Right Media deal complete
By Traci Patterson
Yahoo! Inc.’s acquisition of Right Media is now complete. In October, Yahoo! made a 20 percent investment (about $40 million) in the company, and now Yahoo! has acquired the remaining equity interest for approximately $650 million.
Right Media specializes in display, or graphical ads that appear at fixed locations on Web pages. The company’s open exchange aids buyers and sellers in trading digital media.
Michael Walrath will assume the role of senior VP of Right Media Exchange, reporting to Yahoo! President Susan Decker.
Yahoo! recently debuted SmartAds, a platform that allows marketers to customize and tailor online ads. The company also recently acquired Rivals.com, a Web site that provides college sports coverage.
Level 3 to acquire Dublin-based Servecast
By Traci Patterson
An operating subsidiary of Level 3 Communications Inc. has acquired Servecast, a Dublin-based provider of live and on-demand video management and streaming services for broadband and mobile platforms. Level 3 paid approximately $45 million in cash for the company.
Servecast offers publishing and distribution tools for video rights holders, enabling customers to manage, protect, deliver, and track online audio and video content. The company’s platform complements Level 3’s existing portfolio of content delivery capabilities.
Servecast had approximately $5 million in annual revenue for 2006.
Level 3 operates an Internet backbone that connects more than 175 metro markets in 16 countries. The company’s 100 Gbps Internet2 nationwide backbone became operational last month.
SatLink expands service with Harmonic's headend solutions
By Brian Santo
SatLink Communications Ltd., a teleport based in Israel, has expanded its channel capacity with new transport using Harmonic Inc.’s DiviCom Electra 1000 multi-channel MPEG-2 encoders, ProStream 1000 with DiviTrackIP, statistical multiplexing, and NMX Digital Service Manager.
"SatLink's service expansion is indicative of the increasing consumer demand for more diversity in video programming," said Nimrod Ben-Natan, vice president of Products and Strategy for Harmonic Inc. "To meet this need, satellite operators like SatLink need flexible variable bit-rate systems that enable them to maximize the number of channels per transponder. The combination of the Electra multi-channel encoders and DiviTrackIP offers a highly cost-effective solution that makes it possible for SatLink to enhance their business by provisioning a greater range of broadcast channels."