BBH Report Home Page
February 25, 2008 Provided by System Dynamics Inc.

Heard on the Net

News about People and Companies Influencing The Broadband Home


People News

James Armstrong has been promoted to EVP and GM of Symmetricom's Telecom Solutions Division. ( www.symmetricom.com )

Mark Cranwell has been named Director of Content Acquisition of Babelgum. Previously, Cranwell was Director, Business Affairs, for BT Vision. ( www.babelgum.com )

Ruchir Godura has been hired as Vice President, Global Customer Service and South Asia Sales at Aperto Networks. Mr. Godura was previously at Bharti Airtel, India’s largest GSM operator. ( www.apertonet.com )

Chris Gordon has been appointed Director of Product Management at Imagine Communications. Gordon was previously with EGT, a manufacturer of video processing equipment for the cable industry. ( www.imaginecommunications.com )

Dirk-Willem van Gulik, former CTO of Joost, has joined the BBC as chief technical architect of its future media and technology group. ( www.bbc.co.uk )

Curt Hockemeier, a member of Cedar Point Communications board of directors, has been named interim Chief Executive Officer (CEO) following the departure of Andy Paff as President and CEO. ( www.cedarpointcom.com )

Victor Koretsky has joined Provigent as Senior Vice President Worldwide Sales and Business Development. He was previously with DSP Group. ( www.provigent.com )


Company News

Acquisitions

Arbor Networks is acquiring Ellacoya Networks, which has expertise in deep packet inspection technology and broadband service optimization. Terms of the transaction were not disclosed. ( www.arbornetworks.com ) ( www.ellacoya.com )

Carlyle Group is buying half of Cinven Group Ltd.'s 70% stake in Numericable and its related operator, Completel, as part of the consolidation in telecom and cable in France. The price was just over €1 billion ($1.44 billion). ( www.carlyle.com ) ( www.cinven.com )

Ciena Corp announced the acquisition of World Wide Packets for approximately $290 million in cash and stock. ( www.ciena.com ) ( www.wwp.com )

Yahoo has acquired Maven Networks, a provider of online-video management services, for about $160 million. ( www.yahoo.com ) ( www.maven.net )

Funding

Broadband Enterprises LLC, an online video ad company, has secured a $10 million round of funding from Velocity Interactive Group. ( www.broadbandenterprises.com )

DigitalBridge Communications (DBC), a provider of WiMAX broadband service, has raised over $20 million in a second round of venture financing. ( www.digitalbridgecommunications.com )

Hillcrest Labs, a developer of tools for navigating television content, has closed a $25 million Series D round of funding. ( www.hillcrestlabs.com )

ip.access, a femtocell firm, has received an undisclosed amount of funding from Cisco Systems. ( www.ipaccess.com ) ( www.cisco.com )

NetStreams LLC has raised an $18.2 million Series B from its investor Austin Ventures. ( www.netstreams.com )

Sequans Communications, a WiMAX chip maker headquartered in Paris, has raised a $28 million round of equity and debt financing. ( sequans.com )

Ubicom, a fabless semiconductor firm, has raised an $18 million Series 4 round of funding. ( www.ubicom.com )


Other News

Motorola has announced a family of 3G femtocells and unveiled the first two units from a CPE portfolio that will be commercially available in the second half of 2008. ( www.motorola.com/femtocell )

Next.TV, operated by Dave Networks, has launched a private beta test of its Web video service, which is currently bundled with Hewlett-Packard’s Pavilion consumer notebooks. The beta has more than 100 video-on-demand channels provided by partners that include CBS, HSN, TV Guide and Showtime. It is scheduled to be available publicly in March 2008. ( www.next.tv ) ( www.dave.tv ) ( www.hp.com )

Sony has unveiled TransferJet, a short-range wireless technology competitor to wireless USB. TransferJet has a potential maximum data-transfer rate of 560 Mbps in the 4.48GHz band. Wireless USB offers a maximum rate of 480 Mbps. ( www.sony.net )

Tata Group, India's multi-industry conglomerate, is integrating all of its communications businesses, including telco VSNL and service providers Teleglobe, Tata Indicom and Cipris, under the Tata Communications brand. ( www.tata.com )