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EUC with HCI: Why It matters
Networking seller Ciena has now formally closed the deal to purchase the optical networking and carrier Ethernet know-how of Nortel's Metro Ethernet Networks (men) business for a total purchase fee of about $774 million.
The deal's closure marks the end of a virtually six-month procedure during which Ciena has been searching for Nortel's assets because it assumes a brand new position in the carrier networking trade.
Nortel entered into bankruptcy in January 2009, and has spent tons of the previous year selling off its a lot of divisions. Ciena first bid on the Nortel provider belongings in October, and formally won the auction for the company at the conclusion of November.
Ciena is now relocating ahead as a combined entity with Nortel's guys and goals to be an important participant within the service market.
"Ciena's competitive position out there has been drastically better with the Nortel men acquisition," Dave Parks, director of product advertising and marketing at Ciena, told InternetNews.com. "we're large satisfactory to execute however no longer too familiar like some of their higher opponents to lose focal point. Ciena now holds the no 1 optical networking market share place in North the usa and quantity three position globally."
Parks introduced that Ciena is now positioned to be a market chief in optical switching and is emerging as a heavyweight in service Ethernet. Nortel had been engaged on one hundred gigabit networking applied sciences, and already has trials of its solution with Verizon.
Ciena is planning to rebrand the existing Nortel guys structures with its personal emblem over time, notwithstanding Parks talked about that the business is rarely planning to rename any of the Nortel guys items. present products aren't being phased out until they have been already discontinued previous to the acquisition, he introduced.
"We can be leveraging key capabilities and applied sciences from each natural Ciena and Nortel men and making use of those throughout the portfolio where it makes feel," Parks said. "Some examples of this consist of including Nortel men's 100G expertise to other Ciena items and Ciena's control airplane utility to different Nortel guys products."
Ciena will proceed to help existing Nortel customers, and all products that are at present delivery to customers could have continuity of give and support, he spoke of.
"truly, a lot of Nortel guys's products and capabilities are key components of their going-forward portfolio and approach," Parks referred to. "we've got prepared their mixed portfolio around solutions according to converged optical Ethernet with the aid of leveraging key tools and know-how attributes in a number of areas that support their consumers make their networks larger ability, converged and automatic."
The optical networking and carrier Ethernet enterprise is the last of Nortel's predominant divisions to be liquidated via the bankrupt enterprise because it now winds down its operations. Nortel in the past offered its wireless belongings to Ericsson for bid of $1.13 billion. Nortel offered its commercial enterprise property to Avaya for $900 million.
Sean Michael Kerner is a senior editor at InternetNews.com, the information provider of internet.com, the community for technology specialists.
- Sale of Optical Networking and carrier Ethernet businesses is helpful end of day March 19, 2010
TORONTO, ONTARIO--(Marketwire - March 19, 2010) - Nortel* Networks organization (OTCBB:NRTLQ) introduced today that it, its fundamental operating subsidiary Nortel Networks limited (NNL), and likely of its other subsidiaries together with Nortel Networks Inc. and Nortel Networks UK limited have completed the sale of appreciably all the property of Nortel's Optical Networking and provider Ethernet organizations to Ciena business enterprise (Ciena). Ciena has elected, as authorised with the aid of the phrases of the sale settlement, to change the united states$239 million primary volume of convertible notes with cash consideration of US$244 million, and for this reason pay an all cash buy price of approximately US$774 million, field to a working capital adjustment at present estimated as a downward adjustment of approximately US$62 million. under the terms of the sale, Nortel will give certain transitional capabilities to Ciena.
"This a success divestiture of one other colossal-scale business illustrates the significant development on Nortel's plan to retain both their technology innovation and prosperous base of expert personnel, whereas obtaining huge price during the sale of their corporations," observed Pavi Binning, Chief Restructuring Officer, Nortel. "The sale of their Optical and provider Ethernet groups to Ciena allows shoppers to continue to benefit from Nortel's wealthy heritage of innovation in optical networking. It also gives a course ahead for 2,000 expert employees who will now take their capabilities to Ciena."
As previously announced, Nortel doesn't predict that the business's normal shareholders or the NNL favored shareholders will get hold of any value from the creditor protection complaints and expects that the court cases will influence in the cancellation of these fairness pastimes.
With the sale of the company's leading agencies and the focal point of Nortel business functions (NBS) and Nortel's company group on the last work prior to now introduced on February 11th, Pavi Binning, Chief Restructuring Officer, Chief monetary Officer and executive vp, and the Board of directors, have jointly determined that it's an appropriate factor for Mr Binning to step down from his place and to go away from the company. helpful March 21, 2010, Pavi will step down from his role as CRO, CFO and EVP and for a brief length thereafter, Mr Binning will stay on with the enterprise to assist in the completion of the introduced enterprise income and in the transition of certain of his duties. advantageous March 22, 2010, John Doolittle will anticipate the role of Chief economic Officer of the enterprise and Nortel Networks confined apart from his present duties main the corporate neighborhood. In mild of the milestones met to date and the focal point of the ultimate work, the place of CRO should not filled.
"Pavi has been an excellent chief for the firm under very difficult instances," observed David Richardson, Chairman of the Board, Nortel. "He has performed a key function in the enterprise assembly its restructuring ambitions together with maximizing the price of Nortel's assets in the course of the sale of the groups in a extremely elaborate economic atmosphere, with a spotlight on ensuring the most appropriate outcomes for Nortel's companies and its collectors, which include personnel and bondholders. On behalf of the Board of administrators and different stakeholders, i would like to thank and renowned Pavi for his fantastic leadership and contribution during this crucial time."
For extra assistance, discuss with Nortel on the internet at www.nortel.com. For the latest Nortel information, seek advice from www.nortel.com/news.
definite statements in this press unencumber can also include words reminiscent of "could", "expects", "may", "may still", "will", "anticipates", "believes", "intends", "estimates", "objectives", "plans", "envisions", "seeks" and other equivalent language and are regarded ahead-looking statements or assistance below applicable securities legal guidelines. These statements are according to Nortel's existing expectations, estimates, forecasts and projections about the working atmosphere, economies and markets by which Nortel operates. These statements are discipline to critical assumptions, dangers and uncertainties which are elaborate to predict, and the actual result can be materially diverse. Nortel's assumptions, however regarded low in cost by way of Nortel on the date of this press release, might also show to be inaccurate and due to this fact Nortel's actual outcomes may range materially from the expectations set out herein.
exact results or routine might range materially from those contemplated in forward-looking statements as a result of the following: (i) dangers and uncertainties regarding the Creditor insurance plan lawsuits including: (a) dangers linked to Nortel's ability to: stabilize the business and maximize the value of Nortel's organizations; achieve required approvals and efficiently consummate pending and future divestitures; skill to fulfill transition services contract responsibilities in reference to divestiture of operations; effectively conclude ongoing discussions for the sale of Nortel's different property or organizations; advance, attain required approvals for, and implement a courtroom authorized plan; resolve ongoing concerns with collectors and different third events whose hobbies may additionally vary from Nortel's; generate cash from operations and preserve sufficient cash handy in every of its jurisdictions to fund operations inside the jurisdiction all through the Creditor insurance policy court cases; entry the EDC Facility given the latest discretionary nature of the facility, or prepare for alternative funding; if integral, prepare for adequate debtor-in-possession or different financing; proceed to have money management arrangements and procure any additional required approvals from the Canadian display screen, the U.okay. directors, the French Administrator, the Israeli directors, the U.S. creditors' Committee, or other third events; elevate capital to satisfy claims, together with Nortel's capacity to promote assets to satisfy claims in opposition t Nortel; preserve R&D investments; understand full or reasonable cost for any belongings or enterprise which are divested; utilize internet working loss carryforwards and sure other tax attributes sooner or later; stay away from the noticeable consolidation of NNI's assets and liabilities with these of 1 or extra different U.S. Debtors; attract and continue customers or stay away from discount in, or lengthen or suspension of, customer orders as a result of the uncertainty led to by using the Creditor protection proceedings; preserve market share, as rivals stream to capitalize on customer issues; operate Nortel's company effortlessly under the brand new organizational structure, and in session with the Canadian display screen, and the U.S. collectors' Committee and work quite simply with the U.ok. directors, French Administrator and Israeli directors of their respective administration of the EMEA organizations discipline to the Creditor protection complaints; continue as a going problem; actively and effectively communicate on and respond to hobbies, media and rumors linked to the Creditor protection proceedings that could adversely have an effect on Nortel's relationships with shoppers, suppliers, companions and personnel; continue and incentivize key personnel and appeal to new personnel as may be needed; maintain, or if necessary, substitute principal suppliers on suited terms and keep away from disruptions in Nortel's give chain; maintain present relationships with reseller companions, three way partnership partners and strategic alliance partners; reap court orders or approvals with respect to motions filed from time to time; unravel claims made towards Nortel in connection with the Creditor insurance plan proceedings for quantities now not exceeding Nortel's recorded liabilities area to compromise; stay away from third events from obtaining court docket orders or approvals which are opposite to Nortel's interests; reject, repudiate or terminate contracts; and (b) hazards and uncertainties linked to: boundaries on actions against any Debtor throughout the Creditor insurance plan lawsuits; the values, if any, that should be prescribed pursuant to any court authorised plan to surprising Nortel securities and, in selected, that Nortel does not predict that any value will be prescribed to the NNC regular shares or the NNL favourite shares in this kind of plan; the delisting of NNC typical shares from the NYSE; and the delisting of NNC normal shares and NNL favorite shares from the TSX; and (ii) hazards and uncertainties concerning Nortel's business including: the sustained financial downturn and unstable market situations and resulting poor affect on Nortel's business, outcomes of operations and monetary place and its means to precisely forecast its effects and cash place; cautious capital spending by way of shoppers because of components including latest economic uncertainties; fluctuations in foreign currency alternate quotes; any requirement to make higher contributions to defined improvement plans in the future; a high degree of debt, arduous or restrictive terms and conditions related to gaining access to certain sources of funding; the sufficiency of body of workers and value discount initiatives; any terrible developments associated with Nortel's suppliers and contract manufacturers including Nortel's reliance on certain suppliers for key optical networking solutions accessories and on one corporation for most of its manufacturing and design capabilities; advantage penalties, damages or cancelled client contracts from failure to fulfill contractual duties together with beginning and installation deadlines and any defects or error in Nortel's latest or deliberate items; giant competition, competitive pricing practices, trade consolidation, rapidly changing applied sciences, evolving trade requirements, time-honored new product introductions and brief product life cycles, and different trends and trade features affecting the telecommunications industry; any material, opposed impacts on Nortel's efficiency if its expectations involving market demand for selected items prove to be incorrect; expertise bigger operational and fiscal hazards linked to Nortel's overseas operations; a failure to protect Nortel's intellectual property rights; any antagonistic legal judgments, fines, penalties or settlements regarding any large pending or future litigation actions; failure to keep integrity of Nortel's tips systems; changes in regulation of the internet or different regulatory adjustments; and Nortel's advantage lack of ability to keep an effective possibility management strategy.
For additional info with recognize to certain of these and different factors, see Nortel's Annual document on kind 10-okay, Quarterly stories on form 10-Q and different securities filings with the SEC. until in any other case required by relevant securities laws, Nortel disclaims any intention or obligation to update or revise any ahead-searching statements, whether as a result of new guidance, future events or in any other case.
*Nortel, the Nortel logo and the Globemark are logos of Nortel Networks.
(AP) -- Ciena Corp. is providing money and stock value $521 million to acquire some of Nortel's most-prized remaining enterprise instruments because the fallen telecommunications company continues to liquidate.
The deal introduced Wednesday covers the Nortel Optical Networking and service Ethernet agencies, which have been regarded among the many finest assets yet to be offered via Nortel.
Nortel noted its contract with Ciena calls for the Linthicum, Md.-primarily based company to present jobs to at least 2,000 employees, or greater than 85 percent of complete at Nortel's Optical Networking and service Ethernet business contraptions.
besides the fact that children, there's no guarantee the deal will shut as announced on the grounds that Ciena's present can be used as a gap bid for an public sale via Nortel.
In outdated auction of Nortel company devices this year, the remaining fees had been greatly greater than the preliminary "stalking horse" bids.
in this case, Ciena is providing $390 million in cash and 10 million shares of Ciena commonplace stock. The shares are at present price about $131 million.
Nortel, a former telecommunications equipment enormous that at one aspect accounted for one-third of the market cost on the total Toronto inventory trade, filed for bankruptcy insurance policy in Canada and the U.S. in January.
The Toronto-based mostly business has been selling its operations piece by using piece.
remaining month, Nortel announced its commercial enterprise options division can be sold to New Jersey-based Avaya for $900 million. Avaya had in the beginning bid $475 million in July however sweetened the offer to win an auction that begun Sept. eleven and lasted a few days.
ahead of that, LM Ericsson of Sweden agreed to pay $1.13 billion for Nortel's wireless network enterprise, beating a $650 million stalking horse bid put ahead by way of Nokia Siemens, a joint venture between Finland's Nokia Corp. and Germany's Siemens AG.
Philippe Morin, president of Nortel Metro Ethernet Networks, mentioned that Nortel's personnel have accomplished a "big job stabilizing their company" and the company is "mainly completely happy" that a major variety of them could be offered jobs with Ciena. The addition of two,000 employees from Nortel would roughly double the size of Ciena's international team of workers.
"here's a different and wonderful chance for us to accelerate their latest approach and the pace of their boom plans through two to a few years," Gary Smith, Ciena's CEO and president, pointed out in a statement.
Ciena shares rose 48 cents, or three.7 percent, to $13.fifty three in morning trading Wednesday in big apple.
©2009 The linked Press. All rights reserved. This material may not be posted, broadcast, rewritten or redistributed.
explore extra: Nortel to promote itself off in pieces
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DIGISOL Systems Ltd debuts the next generation layer 2 gigabit intelligent switching series DG-GS4200 designed for carrier and MAN networks. These switches supports comprehensive QoS, enhanced VLAN functions (VLAN, VPN, Voice VLAN, QinQ, N:1 VLAN Translation etc), Ethernet Ring Protection Protocol (G.8032), classified bandwidth control, intelligent security control, OAM (Operations, Administration and Maintenance), manageability functions and Triple-Play services which fulfill the network requirements demanded by carrier network.
The DG-GS4200 Switches are equipped with full GE ports and 4 SFP uplink ports, the series integrates advanced management and security functions to provide performance and scalability. DG-GS4200 series has two variants, DG-GS4228 and DG-GS4228P. Where DG-GS4228P support PoE port.
DG-GS4200 series comply with IEEE 802.3az (Energy-Efficient Ethernet) standard, which dramatically lower power consumption due to its Innovative port-LED Shut-off function, the user can automatically set the switch port-LED UP or DOWN at a specified time period according to their needs to achieve functional, energy-saving correct results. The DG-GS4200 uses Fan-less design and smart fan strategies for real-time temperature monitoring and reduces the noise pollution
The DG-GS4200 series provide a variety of security mechanisms like SYN Flood, Land, ICMP Flood attack prevention and other DOS class technology, BPDU Guard and Root Guard which avoid accidental topology loops and prevent illegal edge devices become root to cause unnecessary flapping. IEEE 802.1X port-based access control ensures all users are authorized before being granted access to the network. User authentication is carried out using any standard-based RADIUS server. Access Control Lists (ACLs) can be used to restrict access to sensitive network resources by denying packets and forward by different policies. User-defined ACL provides more flexible access control for users.
DG-GS4200 series support DHCP snooping, which prevents DHCP attacks and illegal DHCP SERVER by setting trust ports and untrust ports. With DHCP Snooping binding and option82 enabled, it can combine modules like dot1xand ARP, or implement user-access-control independently. DG-GS4200 series support much more L2 security features such as ARP guard, Anti-ARP scanning, and other ARP and MAC Security technology to protect network security and reliability.
DG-GS4200 series support 4 Gigabit uplink ports, which could be designed to offer redundant uplinks with various ring protection applications, effectively raised the expansibility and performance of the network. DG-GS4200 series support G.8032 v2 and can be deployed in a variety of complex network topologies.
VLAN Features DG-GS4200 series support 802.1Q and port-based VLAN as well as MAC-based VLAN, Voice VLAN and Protocol VLAN. Abundant QinQ technology including Normal QinQ, Selective QinQ, and Flexible QinQ, gives users maximum freedom to configure QinQ policy. N:1 VLAN Translation feature can translate multiple VLAN tags in the frames from access ports into one specified VLAN Tag. It provides strong technical support for QoS policy convergence.
DG-GS4200 series also support MVR (Multicast VLAN Register), selectively allows traffic to cross between different VLANs for bandwidth and security reasons. DG-GS4200 series could prevent multicast traffic from flooding via IGMP Snooping, while multicast traffic is only forwarded to ports associated with multicast devices.
VCT (Virtual Cable Test), DDM (Digital Diagnostic Monitoring) and other features achieve rapid detection of network failures; reduce operation and maintenance difficulty.
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Advanced scripting and customizable business logic via Open Source Python 3.6 give Digi IX14 edge computing capabilities to execute operations at the device level, while Digi Remote Manager and Bluetooth capabilities enable quick, secure, reliable installations. In addition, both an Ethernet and serial port can link to a single essential IoT sensor, or connect to a network of sensors virtually anywhere, while dual SIM slots allow carrier flexibility and failover for reduced downtime.
The Digi IX14 contains an LTE modem capable of 3G fallback for North America, and a soon-to-be-released version will support 3G/2G fallback for Europe. Digi IX14 has also been physically hardened to withstand extreme environmental conditions with MIL-STD-810G certification for shock, vibration and temperature, and an IP54 rating for dust and water resistance.
Digi Remote Manager is a comprehensive security and device management platform that allows users to remotely monitor, update and manage Digi intelligent routers over LTE networks. With simplified set up and configuration, update automation and device and network monitoring, Digi Remote Manager brings an increased ease of use and high level of product and network understanding to Digi IX14 users to protect critical assets like never before.
"The next generation of industrial connectivity is not just about hardware, but also provides insights into operational efficiency and security," said Scott Nelson, vice president, products, Digi International. "Whether an outdoor digital signage company, a financial services organization with a distributed network of outdoor ATMs, or a utilities operator that needs data communication with remote SCADA sites, Digi IX14 provides outstanding connectivity along with in-depth device and network understanding through tight integration with Digi Remote Manager."
Digi IX14 is the first product launched under Digi International's new router naming system: the IX series of routers caters to industrial uses while EX and TX products are for enterprise and transportation applications, respectively. For more information on this product, visit: https://www.digi.com/pr/digi-ix14
Click to Tweet:The new Digi IX14 industrial router provides reliable, efficient, low-cost #IoT connectivity for devices located in rugged, demanding environments. Read more about this intelligent edge computing router for details: https://ctt.ec/ZjDq2 #ConnectWithConfidence
About Digi InternationalDigi International (NASDAQ: DGII) is a leading global provider of business and mission-critical Internet of Things (IoT) connectivity products and services. They help their customers create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security, relentless reliability and bulletproof performance. Founded in 1985, we've helped their customers connect over 100 million things, and growing. For more information, visit Digi's website at www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International).
Media Contact:Joseph Rigoli LEWIS Office: +1 781-418-2402Digi@teamlewis.com
SOURCE Digi InternationalRelated Links
DC to DC Power Supplies (Converters)Press Release Summary:
0RQB-X3S11BG Bus Converters accepts input of 45-56 VDC and output of 10.4 VDC at 125 A. These units are equipped with digital control, synchronous rectifiers and a thermal management system. Converters feature under voltage lockout, over temperature (OT) protection, OCP, SCP and OVP protection. Product comes with primary side on/off, secondary side Power Good signal indicators and 2X output pins and meets IPC-9592B and UL/CSA/IEC60950-1 standards.Original Press Release: Bel Power Solutions Announces Next Generation 0RQB-X3S11BG a Regulated Bus Converter With 1300 W in a Quarter Brick Footprint
0RQB Series Provides High Power Density, High Efficiency and meets Carrier Ethernet Specifications
Bel Power Solutions and Protection, a Bel group company (NASDAQ: BELFA and BELFB) and premier global manufacturer of power management devices, announces the 0RQB-X3S11BG, a next generation regulated bus converter with 45-56 VDC input / 10.4 VDC @ 125 A output and offering up to 1300 W in a quarter brick footprint.
In a distributed power system, the demand for power continues to grow due to new Carrier Ethernet Systems being deployed throughout the nation by telecom, cable, mobile, utility and private network operations. Bel is addressing this market need with their next generation of regulated bus converters, now available in a 1300 W quarter brick package, which meets the latest Carrier Ethernet specifications (parallel operation).
The isolated DC-DC converter incorporates digital control, efficient secondary side synchronous rectifiers and a thermal management system, allowing for effective power dissipation removal. Equipped with standard protection features like under voltage lockout, over temperature (OT) protection, OCP, SCP and OVP, units also come standard with primary side on/off, secondary side Power Good signal indicators and 2X output pins to better handle drops and losses with currents exceeding 125A. The 0RQB-X3S11BG is rated Class 2 and Category 2. All model numbers meet the latest IPC-9592B derating requirements and come with UL/CSA/IEC60950-1, 2nd +A2 version (pending) approvals.
For more information, visit the 0RQB-X3S11BG product page https://belfuse.com/product/part-details?partn=0RQB-X3S11B or download the datasheet(https://belfuse.com/resources/datasheets/powersolutions/ds-bps-0rqb-x3s11-series.pdf). Visit belfuse.com/power-solutions, email Tech.Support@psbel.com or call 866-513-2839.
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military and aerospace, transportation and broadcasting industries. Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection) and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.
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