Stories about: Redback Networks

ASX-listed People Telecom announced today it has acquired the assets and customers of business-grade hosted IP provider, ValueNet.

Cisco is both envied and vilified for its success in the network industry.

Ericsson today announced it has supplied more than 500,000 ADSL lines to Australian broadband operators.

As expected, Ericsson this week announced its acquisition of Entrisphere, a privately held fibre access company.

Redback Networks this week said it named streaming media pioneer Alan Lippman as chief video architect and director of technology planning.

With its US$2 billion (AUD$2.55 billion) acquisition of Redback Networks this week, Ericsson is now in direct competition with some of its biggest partners -- Cisco and Juniper -- in the red-hot carrier edge routing market. However, the company says the move is more of an effort to obtain IP and Ethernet technology it can use to pull its telecom and mobile infrastructure products forward into the IP-based future of telecom, says Karl Thedeen, vice president of wireline products for the Swedish vendor. But that's not to say Ericsson isn't looking to grow Redback's market share and technology itself. Thedeen expanded on the merger this week with Phil Hochmuth. [The following is an edited transcript.]

Redback Networks is taking shots at Cisco's 7600 edge router, just when the 6-year-old product is ready to become a more direct competitor to Redback's offerings.

Redback Networks posted a third quarter profit, excluding expenses, on revenue that almost doubled from a year ago.

UBS Warburg has downgraded the stock of Redback Networks, citing "industry contacts" indicating that Redback has lost an edge router deal at Verizon.

Facing a mature enterprise market and fierce price competition in the telecommunications infrastructure arena, networking vendors are coming under the gun.

Alcatel SA this week announced a definitive agreement to acquire TiMetra Inc., a privately held maker of edge routers, for US$150 million in stock.