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The June 6, 2007 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

Geraint Anderson was named VP and General Manager, Service Provider Organization at Linksys, a division of Cisco Systems. Craig Gledhill was named VP, Asia Pacific (APAC); Vince Hassel, CFO; and Steve Silva, VP, Connected Home Integration. ( www.linksys.com ) ( www.cisco.com )

Lorenzo Bombelli has been appointed VP of Product Strategy and Management at Imagine Communications. Brian Bentley was appointed VP of Sales, and Mark Davis, previously at BigBand Networks, was named VP Engineering - Network Systems and Support. ( www.imaginecommunications.com )

Alberto Calcagno has been appointed COO at FASTWEB. He was previously the company's CFO and has been with FASTWEB since its start-up. ( www.company.fastweb.it )

John Canning, previously Director Content Distribution at Yahooo!, is now Digital Media Consultant, Media Producer, Professional Photographer at MediaSherpa, LLC.

Charles Cerino, VP of new media development at Comcast, has been named the new President of MoCA (the Multimedia over Coax Alliance). Charles had served as VP of MoCA since the organization's inception over three years ago. ( www.comcast.com ) ( www.mocalliance.org )

Susan Huberman has joined Entropic Communications as VP of corporate marketing and communications. Before joining Entropic, Susan was VP of corporate marketing at Cymer, Inc. ( www.entropic.com )

Adam Joffe, formerly CTO at Sony Online Entertainment, has become CIO at I4Commerce. ( www.i4commerce.com )

Alain Mutricy, formerly with Texas Instruments, has joined Motorola as senior VP, Platform Technology, within the company’s Mobile Devices business. ( www.motorola.com )

Joe Parola has accepted a position as Sales Area VP, MSO Accounts at Openwave Systems. Joe was previously at General Bandwidth. ( www.openwave.com )

Mike Volpi has been appointed CEO at Joost, a startup Internet television service. Volpi was senior vice president and general manager at Cisco Systems. ( www.joost.com ) ( www.cisco.com )


Company News

Acquisitions

Broadcom has acquired Octalica, a start-up specializing in silicon solutions for MoCA home networking applications. Broadcom paid $31 million for the acquisition. ( www.broadcom.com ) ( www.octalica.com )

Comcast acquired movie ticketing service Fandango to complement Comcast's new entertainment information service, Fancast. Financial terms of the deal were not disclosed. ( www.comcast.com ) ( www.fandango.com )

Entropic Communications is buying fabless semiconductor company RF Magic Inc in a stock swap for an undisclosed amount. ( www.entropic.com ) ( www.rfmagic.com )

Qualcomm has purchased the system-on-a-chip Mobile WiMAX assets of TeleCIS Wireless for an undisclosed amount. ( www.qualcomm.com ) ( www.telecis.com )

Ingenious Media Active Capital Ltd (IMAC) has completed an investment in Two Way TV of up to £5.34 million, for a significant controlling equity stake. ( www.ingeniousmedia.co.uk ) ( www.twowaytv.com )

Motorola is continuing its recent string of acquisitions. ( www.motorola.com )

  • It is purchasing Terayon Communication Systems, a digital video processing and networking vendor, for $140 million. Terayon will be a wholly-owned subsidiary and integrated into Motorola's Connected Home Solutions business--subsequently renamed the Home and Networks Mobility unit. ( www.terayon.com )
  • Separately, it agreed to buy privately-held Modulus Video, a specialist in MPEG-4 Advanced Video Coding (AVC) compression systems. Terms of the transaction were not disclosed. ( www.modulusvideo.com )

On2 Technologies, maker of video compression software and solutions, is acquiring Finland-based Hantro Products Oy, a provider of video technology for mobile devices, for $6.8 million. ( www.on2.com ) ( www.hantro.com )

Swisscom is acquiring over 80% of Italian broadband pioneer FASTWEB for a total purchase price of approximately EUR 3.1 billion and assumption of debt of about EUR 1.1 billion. ( www.swisscom.com ) ( www.company.fastweb.it )

Funding

Avega Systems, a home-entertainment networking company, closed a $7 million Series B round of financing. ( www.avegasystems.com )

Ellacoya Networks, a provider of broadband network/optimization equipment, has raised $13 million from inside investors. ( www.ellacoya.com )

Ensequence, a provider of Interactive TV authoring tools, has received an additional $40 million in funding. ( www.ensequence.com )

Jajah, a startup focused on IP communications, has received a $20 million series C round of funding led by Intel Capital and including Deutsche Telekom. ( www.jajah.com ) ( www.intel.com ) ( www.deutschetelekom.com )

Joost, an Internet-TV startup, raised about $45 million from five investors, including Viacom and CBS which are also content providers to Joost. Each took a minority stake in the peer-to-peer VOD system company. ( www.joost.com ) ( www.viacom.com ) ( www.cbscorporation.com )

Navini Networks, a WiMAX wireless access equipment provider, has received $50 million Series F equity financing. ( www.navini.com )

Provigent, a provider of System-on-a-Chip (SoC) solutions for the broadband wireless transmission market has increased its fourth round of financing to $17 million. ( www.provigent.com )


Other News

Boingo Wireless announced a roaming agreement with Spain's FON to provide access to an additional 130,000 hot-spot locations. FON members share their unused bandwidth via a FON router in exchange for free Wi-Fi access when roaming through any other FON access point. Separately, FON recently signed a partnership with Time Warner Cable which enables TW customers to deploy FON wireless access points, providing free Wi-Fi access to other Time Warner (and FON) customers. In return, the TW customers have access to any other FON equipped property. ( www.boingo.com ) ( www.fon.com ) ( www.timewarnercable.com )

CBS announced creation of the CBS Interactive Audience Network which will initially include content deals with online distributors including AOL, Microsoft, CNET Networks, Comcast, Joost, Bebo, Brightcove, Netvibes, Sling Media and Veoh. All content will be advertiser supported and free to the consumer. Advertising revenue will be shared between CBS and its partners. Some of CBS' top programs, including "CSI," "Survivor," and "Late Show With David Letterman" are included. ( www.cbscorporation.com )

Comcast announced plans to launch its "SmartZone" communications center, a fully integrated, Web-based communications center that lets customers go to one central location to receive email; to check voicemail online; to send instant messages; and to manage a new smart address book. Comcast has partnered with HP, Plaxo and Zimbra on the application. It will also incorporate Bizanga's email anti-abuse system, Cloudmark's email anti-spam and anti-phishing tools, and Trend Micro's anti-virus software. ( www.comcast.com ) ( www.hp.com ) ( www.plaxo.com ) ( www.zimbra.com )

PhyFlex Networks is the new name for Narad Networks, a provider of FTTx solutions for HFC cable systems. ( www.phyflex.com )


Countries

Canada

The CRTC, Canada's regulator, denied a motion by broadcasters that would have enabled them to charge cable companies fees for carrying their signals. The broadcasters did get a CRTC ruling allowing them to have an additional two minutes of advertising per prime time evening viewing hour, starting in September. ( www.crtc.ca )