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C-Cor expands Ethernet reach with Optinel acquisition

Posted: 02 Sep 2004 ?? ?Print Version ?Bookmark and Share

Keywords:broadband? c-cor? optical packet transport? optinel systems? vod?

Broadband access gear supplier C-COR is expanding its optical packet transport capabilities by buying closely held Optinel Systems Inc. for an initial cash payment of about $9.5 million and the assumption of certain liabilities.

The deal is expected to be completed by the end of C-Cor's fiscal 2005, when the Elkridge, Maryland based Optinel will become part of C-COR's broadband communications products business unit. C-COR anticipates that, in the twelve months following closing, the acquisition would add about $7 million in net sales.

C-Cor will pay Optinel's owners an additional $6 million in cash if certain sales objectives are achieved in the thirteen-month period following closing.

Optinel's flagship PLEXiS platform combines Gigabit Ethernet transport modules with DWDM and CWDM hardware to provide cable operators with a server-to-hub transport system for services such as VOD, HDTV, broadcast video, high-speed Internet and cable telephony.

The company's bandwidth-optimizing technology enables operators to build high-capacity fiber-optic networks capable of simultaneously transmitting on one optical wavelength video, data and voice traffic in native formats over long distances.

Available with multiple transceiver, transmitter and receiver formats, the PLEXiS range offers 1-, 2.5- or 10Gbps of unidirectional or bidirectional capacity per wavelength, allowing an optimized balance between high network capacity and granular scalability.

The system supports network configurations ranging from simple, point-to-point links to fully protected multiservice rings or star topologies.

Enhancing its base system that consists of a centralized distribution unit at a regional headend, network interface units at the headends, and an amplifier unit set between them, Optinel recently announced its PLEXiS BxE. This is currently in field trials with major cable MSOs so they can offer high bandwidth, direct-connect services to small and medium-sized businesses. The set-up includes a new line of Customer Premise Equipment products.

Commenting on the acquisition, David Woodle, Chairman and CEO of C-COR, stated, "Optinel's technology fills out our next-generation packet-based, optical transport solution and allows us the flexibility to meet the individualized business needs of our customers."

- John Walko

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