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Broadband Direct

Daily news and top headlines for broadband communications engineering and design professionals

Broadcom completes Mobilink buy

May 29, 2002 8:00 pm | by Susan Rush | Comments

Chipmaker Broadcom Corp. has wrapped up another acquisition. The latest: its purchase of Mobilink Telecom Inc. is complete, giving Broadcom an inroad to the wireless semiconductor market. Broadcom issued or reserved 5.61 million shares in exchange for all of Mobilink's shares and stock options. The acquisition, which was first announced in April, will be accounted for a purchase, and Broadcom s...

Jolted by patent news, SeaChange delays earnings

May 29, 2002 8:00 pm | by Jeff Baumgartner | Comments

SeaChange International, admittedly "surprised and disappointed" by a potentially damaging jury verdict involving a video-on-demand patent, said Wednesday that it will postpone the release of its first quarter financial results until the beginning of next week. That decision stems from a verdict by a Delaware District Court jury yesterday that upheld rival nCUBE Corp's patent for VOD delivery, ...

Cisco expands VPN portfolio

May 29, 2002 8:00 pm | by Susan Rush | Comments

Network gear maker Cisco Systems Inc. has beefed up its virtual private networking portfolio to enable IP voice and video over an IPSec VPN. Cisco says the enhancements are part of its VPN initiative and include IP voice/video centric Quality of Service designed for interoperability with IPSec, IPSec multicast support and IP voice/video stream encryption.

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Diva completes death spiral while Gemstar picks over the scraps

May 29, 2002 8:00 pm | by Jeff Baumgartner | Comments

Collapsing under the weight of a $500 million deficit and enough cash on hand to last a few more weeks, video-on-demand vendor Diva Systems Corp. completed its death spiral Wednesday, filing Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California. Interactive program guide giant Gemstar-TV Guide International, holding true to rumors that have swirled for weeks, then swoo...

Global Crossing: We can work it out

May 28, 2002 8:00 pm | by Leon Lazaroff | Comments

Copyright 2002 The Deal L.L.C. The Daily Deal…05/29/2002 From LexisNexis Unhappy with a buy-out offer from two Asian companies, creditors of Global Crossing Ltd. plan to join the bankrupt telecommunications carrier in proposing a restructuring plan that would give them far greater control of the broadband provider's worldwide operations.

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Nortel cuts deeper

May 28, 2002 8:00 pm | by Susan Rush | Comments

As customer spending for telecom gear continues to wane, Nortel Networks is weighing its options. The latest: the company plans to cut 3,500 more jobs. The reductions will affect employees working in Nortel's optical long haul business sector. The company says it will streamline the business, but will not rule out a sale of its optical components division.

Adelphia sinks to new 52-week low, Tow joins board

May 28, 2002 8:00 pm | by Susan Rush | Comments

The hits just keep on coming for Adelphia Communications Corp. After the MSO detailed its co-borrowing agreements and deals with the Rigas family, the company's stock plummeted more than 30 percent. In a victory for one of the company's major shareholders, Leonard Tow was appointed to the board of directors.

Alcatel buys voice-web software maker

May 28, 2002 8:00 pm | by Susan Rush | Comments

Alcatel will fork over $136 million in stock to acquire voice Web access software platform maker Telera Corp. The addition enables Alcatel to add voice services to its Web access product portfolio. Telera will be folded into Alcatel's Genesys contact center software business, adding a voice self-service platform to Genesys' product line.

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Nasdaq puts SoftNet on notice

May 28, 2002 8:00 pm | by Susan Rush | Comments

SoftNet Systems Inc. has been shedding its assets one by one for some time now, and the Nasdaq National Market has taken notice. The company recently received a letter warning that its shares may be delisted. SoftNet is fighting the claim. Citing the closure of SoftNet's Intelligent Communications Inc.

Comcast gets hit with privacy suit

May 28, 2002 8:00 pm | by Karen Brown | Comments

After enduring a firestorm over monitoring cable-modem subscribers' Web-surfing activities earlier this year, Comcast Corp. is now facing a class-action lawsuit claiming that the Philadelphia MSO violated federal privacy law. Filed in U.S. District court in Michigan, the lawsuit claimed that Comcast's now-discontinued practice of monitoring its 1 million high-speed-data customers' Internet habi...

CableLabs hires law firm to handle OCAP patents

May 28, 2002 8:00 pm | by Jeff Baumgartner | Comments

CableLabs has hired the law firm of Wilmer, Cutler & Pickering (WCP) as its patent coordinator for the OpenCable Application Platform (OCAP) specification, which serves as the common middleware layer for advanced OpenCable-based digital set-top boxes. Under its current form, OCAP borrows heavily from the Digital Video Broadcasting Project's Multimedia Home Platform specification.

Diagnostics could help DSL gain ground

May 28, 2002 8:00 pm | by Duffy Hayes | Comments

Though the residential broadband market has a well-publicized battle between cable modem and DSL service going on, so far, cable operators aren't looking too hard at the telco competition over their shoulder. After all, cable was the first to market with the voice-video-data bundle, and ILEC providers were initially slow to react out of the gate.

Jury rules in nCUBE's favor in VOD patent spat

May 28, 2002 8:00 pm | by Jeff Baumgartner | Comments

Video-on-demand vendor nCUBE Corp. said Wednesday that a Delaware District Court jury has unanimously upheld the company's patent for VOD delivery and ruled that rival vendor SeaChange International has "willfully infringed the patent." Additionally, nCUBE said the jury ruled that SeaChange must pay nCUBE "over two million dollars" in damages, plus a seven percent royalty on all sales of infrin...

Israeli cable op tests Xtend's 3 GHz cable platform

May 27, 2002 8:00 pm | by Jeff Baumgartner | Comments

Golden Channels, an MSO that serves about 440,000 cable subs in Israel, has completed a beta test of a technology platform from Xtend Networks Ltd. that's designed to boost a cable network's capacity to 3 GHz. Dr. Hillel Weinstein, Xtend's CEO and co-founder, says the extra capacity will come in handy as MSOs begin to deploy bandwidth-sapping services and applications such as video-on-demand an...

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DSL provider turns to Thomson, Minerva for IP-based services

May 27, 2002 8:00 pm | by Susan Rush | Comments

A partnership between Minerva Networks and Thomson multimedia will enable Georgia-based Ringgold Telephone to deliver interactive entertainment services to its customers. Thomson has integrated its RCA DSL 1500 gateway decoder platform with Minerva's IP Television interactive software and headend hardware to enable DSL service providers to deliver on-demand video, live television and other ente...

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