Broadband Briefs for 06/08/09
• Israely, Sachs, exit BigBand’s board
By Mike Robuck
Gal Israely of Cedar Funds and Bruce Sachs of Charles River Ventures have resigned from BigBand Networks’ board of directors. The resignations followed the recent additions of Harald Braun and Michael Pohl as independent directors to BigBand’s board (story here).
Both Cedar Funds and Charles River Ventures were early investors in BigBand. Israely served on the board since its inception, while Sachs served as a director since 2005.
"We'd like to thank Gal and Bruce for their significant contributions and many years of service to our board, as they were both instrumental in the early stages of the company's growth,” said BigBand CEO and President Amir Bassan Eskenazi.
• ETSI to hold interop testing event for IPTV, IMS
By Traci Patterson
ETSI is organizing a joint interoperability testing event for IPTV and IP Multimedia Subsystem (IMS) core networks, with the goal of ensuring complete interoperability of equipment and services coming from different vendors and manufacturers.
Two parallel, co-located testing streams will be arranged, providing separate interoperability testing environments for the two technologies. In both streams, test sessions will be scheduled between pairs of participating companies, and the overall results of all sessions will be published in a final report, ETSI said. Ad-hoc testing will also be permitted, the results of which will not be included in the report.
The event will take place October 16-23 in Lannion, France.
• Shareholder lawsuit against Intel tossed out
By The Associated Press
WILMINGTON, Delaware (AP) – A judge has tossed a lawsuit that accuses Intel Corp.'s directors of ignoring signs of allegedly monopolistic behavior. U.S. District Court Judge Joseph Farnan in Delaware ruled that the lawsuit didn't offer evidence about "what the directors actually knew about the 'red flags' and how they responded to them."
Farnan wrote in his decision Thursday that the plaintiffs' legal strategy "is little more than to catalog the ongoing investigations into Intel's alleged wrongdoing, and then assert that the thickness of the catalog demonstrates that Intel's conduct was so egregious and widespread" that the directors are personally liable.
The lawsuit was filed on behalf of all Intel shareholders. A lawyer for the plaintiffs declined to comment. Intel still faces 80 class-action lawsuits filed on behalf of consumers. Intel is being sued by rival Advanced Micro Devices Inc. over claims it bullied PC makers into buying more Intel chips. Intel has been fined a record $1.45 billion by the European Union for allegedly violating antitrust laws there.