Nortel cuts another 5,000 jobs
Nortel Networks said it would cut another 5,000 jobs this year as the industry slump continues to take its toll on the company.
Stories by Jim Duffy
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Cisco slashes Q3 estimates, takes $US3.7 billion charge
Cisco Systems has drastically reduced revenue forecasts and will take a huge charge against earnings for its fiscal third quarter, due to the prolonged slump in the industry and overall economy.
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Nortel loses CTO before results release
Nortel Networks Wednesday announced that CTO Bill Hawe resigned last week. Hawe resigned, exercised and sold 602,000 Nortel stock options three days before Nortel announced that first quarter results would be far lower than expected.
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Cisco finally ratchets up to 10 gigabits
A year after its closest competitor, Cisco Systems at the ComNet trade show announced 10G bps capabilities for Internet core routing, with two new switches and line cards.
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Cisco updates its QoS management package
New management software from Cisco Systems is designed to let users more easily administer QoS policies across large-scale networks.
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Core routing: Juniper keeps gaining on Cisco
Cisco Systems continues to lose market share to Juniper Networks in Internet core routing, according to the latest figures from Dell'Oro Group.
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Nortel aims to reduce network congestion
Nortel Networks this week announced the availability of a new version of its licensable IP code that detects and attempts to alleviate network congestion.
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Who is having core router problems?
Juniper Networks this week denied rumours that the OC-192c interface modules for its high-end M160 Internet core router are bug-ridden.
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Cisco gets Logical with voice over IP deal
Logical Networks has teamed up with Cisco Systems for a contract to implement an 8000-seat voice over IP (VoIP) network for the New Zealand Government.
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Nortel and HP team up on high-speed optical links
Nortel Networks and Hewlett-Packard recently announced they intend to work together to develop high-speed interfaces linking HP servers with Nortel optical networking gear.
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Nortel buys access-gear maker Sonoma
Nortel Networks has announced a definitive agreement to acquire Sonoma Systems, a maker of customer-premises access products employed by major carriers in their managed services.
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Nortel bags Alteon for $US7.8 billion
Nortel Networks last Friday announced a definitive agreement to acquire Alteon WebSystems for $US7.8 billion in stock. Alteon is the leading supplier of Web content switches, according to the California-based Dell'Oro Group.
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Cisco Buys NuSpeed
Cisco Systems have announced a definitive agreement to acquire privately held NuSpeed Internet Systems, a developer of technology that connects storage-area networks to IP networks, for $450 million in stock.
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Nortel unveils unpure' system
Nortel Networks last week unveiled a voice and data convergence system for small-to-midsize businesses that lets customers use existing telephones while migrating to IP telephony.
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Cisco, Brocade join forces for SANs
Cisco Systems and SAN switch maker Brocade Communication Systems last week announced a technology exchange agreement that will result in products designed to link disparate SAN islands.
