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The November 7, 2005 Issue Provided by System Dynamics Inc.
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Heard on the Net

News about People and Companies Influencing The Broadband Home

People News

Olivier Coste, senior vice president of Strategy and Business Development for Alcatel's Space activities, has been named President of Alcatel Mobile Broadcast, which will develop the technologies and infrastructure for mobile TV broadcasting. ( www.alcatel.com )

Rick DeGabrielle has been appointed President and CEO of Arroyo Video Solutions. Prior to Arroyo, he was at Catena Networks. ( www.arroyo.tv )

Mark Jeffery has been named Senior Director, Product Marketing at ICTV; he was previously with Terayon. Colin Shave has joined ICTV as VP, European Sales; he was previously with NDS. ( www.ictv.com )

Steve Santamaria is joining Xtend Networks as Senior VP and GM, Commercial Services; he was previously with Charter Communications. In other company moves, Avner Kol has been promoted to COO, and Davidi Gilo , Chairman and CEO of Vyyo, is also assuming CEO duties for Xtend. ( www.xtendnetworks.com ) ( www.vyyo.com )

Glenn Tamaru has been appointed VP Of Operations at Aperto Networks. Tamaru was previously with GoDigital. ( www.apertonet.com )

S.V. Vasudevan (Vasu) recently joined Cisco Systems, responsible for worldwide cable video architectures and solutions. He was previously with BigBand. ( www.cisco.com )


Company News

Acquisitions

Ericsson is acquiring the majority of the assets of Marconi Corp. plc in a cash deal valued at £1.2 billion ($2.1 billion). Marconi will be renamed "telent plc" and will be Ericsson's preferred services partner in the UK. ( www.ericsson.com ) ( www.marconi.com )

Microsoft is acquiring media-streams.com AG. Terms of the agreement weren’t disclosed. ( www.microsoft.com ) ( www.media-streams.com )

Two big mergers--SBC Communications with AT&T and Verizon Communications with MCI--were recently approved by the FCC. SBC will take the corporate name of AT&T. As a condition of the merger, the FCC is requiring SBC and Verizon to provide "naked" DSL service for two years. ( www.sbc.com ) ( www.att.com ) ( www.verizon.com ) ( www.mci.com )

Tandberg Television is acquiring GoldPocket Interactive for $78.5 million in cash and shares. ( www.tandbergtv.com ) ( www.goldpocket.com )

Funding

Alereon, a fabless semiconductor company developing wireless UWB solutions, closed $20 million in a Series B financing. ( www.alereon.com )

Sheila Duncan of BelAir showing an outdoor Wi-Fi wireless mesh node --> Click for larger pictureBelAir Networks, a metro Wi-Fi provider, completed a $20 million Series C financing led in part by Comcast Interactive Capital (CIC). CIC has joined the BelAir board to assist in addressing cable and service provider market opportunities. ( www.belairnetworks.com ) ( www.civentures.com )