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(38,311 articles)
Popular News
TyCom, Global Crossing Settle Claims
Oct 17, 2001 — PEMBROKE, Bermuda, Oct. 17 -- TyCom Ltd. and Gobal Crossing Ltd. have agreed to settle all of their outstanding claims against each other. The claims related to agreements between the two companies for the building and operation of Global Crossing's Atlantic Crossing-1 and South American Crossing fiber-optic cable systems. The two companies had brought legal action against each other in federal court and in arbitration.
ONI Systems Cutting Workforce 16 Percent
Oct 17, 2001 — SAN JOSE, Calif., Oct. 17 -- ONI Systems Corp. has cut its workforce by about 16 percent as part of its plan to cut expenses due to the downturn in capital spending in the telecommunications sector. The optical communications gear maker in September...
Deutsche Telekom, Alcatel Sign Global Purchase Agreement
Oct 16, 2001 — PARIS, Oct. 16 -- Alcatel has signed an exclusive Global Master Purchasing Agreement (GMPA) to supply broadband switching products and services to the Deutsche Telekom Group. The agreement, which covers all of Deutsche Telekom's operations,...
Cubic Wins Contract for Additional Laser Training Gear
Oct 16, 2001 — SAN DIEGO, Oct. 16 -- Cubic Defense Systems, a subsidiary of Cubic Corp. has received a nearly $19 million contract for additional MILES 2000 laser-based ground combat training equipment. The award, from Tec-Masters Inc. (TMI) of Huntsville, Ala.,...
Northrop Grumman Wins $66 Million Air Force Contract
Oct 16, 2001 — ROLLING MEADOWS, Ill., Oct 16 -- Northrop Grumman Corp. said its electronic systems sector has won a US Air Force contract to develop and produce a laser-based infrared countermeasures system to protect military aircraft from heat-seeking missiles....
RVSI Wins $1 Million Data Matrix Order
Oct 15, 2001 — CANTON, Mass., Oct. 15 -- Robotic Vision Systems, Inc. (RVSI) said its Acuity CiMatrix Div. has received an order for equipment to read Data Matrix marks on high-temperature ceramic automotive parts. The value of the order is approximately $1...
Sempra Set to Run Fiber in Gas Lines
Oct 15, 2001 — SAN FRANCISCO, Oct. 15 -- Sempra Energy's Sempra Fiber Links said its new system for running fiber optic cable through natural gas pipelines could begin commercial service in December. Sempra Fiber Links made the announcement after its first...
Siemens Trimming 5,000 Telecom Jobs
Oct 15, 2001 — MUNICH, Oct. 15 (Reuters) -- Siemens AG said it plans to cut an additional 5,000 jobs from its loss-making fixed line networks business, bringing the total number of jobs shed at the unit this year to more than 10,000. The German technology giant,...
DisplaySearch and Insight Media Team Up for Display Industry Week
Oct 13, 2001 — AUSTIN, Texas, November 13 -- DisplaySearch and Insight Media are collaborating on this year's Display Industry Week in San Diego. Display Industry Week will kick off on March 18 with the Projection Industry Summit 2002, sponsored by Insight Media,...
Nortel to Build Data Network for Qwest
Oct 12, 2001 — TORONTO, Oct 12 -- Nortel Networks Corp. has agreed to build a replacement network for Qwest Communications International Inc. using packet technology. Qwest will purchase packet-based gear from Nortel to replace its circuit-switched network in 14...
American Medical Gets FDA OK for Hard-Tissue Dental Laser
Oct 12, 2001 — CORPUS CHRISTI, Texas, Oct. 12 -- American Medical Technologies Inc. has received 510(k) FDA clearance to market its new CaviLase Erbium:YAG hard-tissue dental laser. The CaviLase is cleared for all classes of cavity preparations, and most...
Microvision Ships Prototype Head-Up Display to Ford
Oct 12, 2001 — BOTHELL, Wash., Oct. 12 -- Microvision Inc. has shipped a laser-scanning projection display to Ford Research Laboratory after a four-month development effort. The unit will be evaluated as a driver's head-up (HUD) display similar to those used in...
Lenslet Unveils Optics-Based DSP Technology
Oct 11, 2001 — RAMAT GAN, Israel, Oct. 11 -- Lenslet Labs Ltd. said it has successfully demonstrated what it describes as the world's first commercial optics-based digital signal-processing technology. The company said the technology boosts the performance of...
MEMS Seen Poised for Rapid Growth
Oct 11, 2001 — NEW YORK, Oct. 8 -- Microelectromechanical systems (MEMS) technology has finally entered a rapid growth phase and is expected to quadruple by 2004, according to a report by Technical Insights. According to the report, MEMS has the potential to...
Level 3 Communications to Buy Back Debt
Oct 11, 2001 — BROOMFIELD, Colo., Oct 11 -- Level 3 Communications Inc. says it plans to spend up to $1.049 billion, or about a third of its available cash, to buy back up to $2.86 billion of its own debt. The company, which incurred about $8 billion of debt to...
Nortel Supplies Metro DWDM Solution for ACCA Networks in Japan
Oct 11, 2001 — TOKYO, Oct. 11 -- Nortel Networks is supplying its DWDM (dense wavelength division multiplexing) optical solution for ACCA Networks to strengthen its metro and relay networks in Tokyo, and to enable the expansion of high-speed (8 Mbs) DSL service in...
Lucent, Japan Telecom Sign Switch Contract
Oct 10, 2001 — MURRAY HILL, N.J., Oct. 10 -- Lucent Technologies Inc. has signed a multimillion-dollar agreement to supply optical switches to Japan Telecom Co. Ltd. for connecting Japanese metropolitan areas on its optical network. Installation will begin in...
TranSwitch, Samsung Form Strategic Alliance
Oct 10, 2001 — SHELTON, Conn., Oct. 10 -- TranSwitch Corp. has formed a strategic alliance with Samsung Electronics, which named TranSwitch a preferred supplier and a strategic partner of the Samsung Network Broadband unit for development of the Korean company's...
EXFO Reports Strong Year-End Financial Results
Oct 10, 2001 — QUEBEC, Oct. 10 -- EXFO Electro-Optical Engineering Inc. announced strong financial results for the fiscal year ending August 31, 2001. Sales increased 104% to US$146.0 million in fiscal 2001 from US$71.6 million in 2000. Net earnings jumped...
EXFO Launches Second-Generation Broadband Source
Oct 10, 2001 — QUEBEC, Oct. 10 -- EXFO Electro-Optical Engineering Inc. has launched its FLS-2300B Amplified Spontaneous Emission (ASE) Broadband Source, a second-generation broadband source that displays 0.01-dB spectral power stability suitable for...
Imaging Diagnostic Installs CTLM System in Mexico City
Oct 10, 2001 — FORT LAUDERDALE, Fla., Oct. 10 -- Imaging Diagnostic Systems Inc. has installed its CTLM system into the Instituto Nacional de Cancerologia Cancer Institute in Mexico. Imaging Diagnostic’s breast imaging system employs state-of-the-art laser...
Isonics, Cermet Set Development Program for Isotopically Pure Zinc Oxide
Oct 10, 2001 — GOLDEN, Colo., Oct. 10 -- Isonics Corp. and Atlanta-based Cermet Inc. have begun a joint development program to evaluate isotopically pure zinc-64 oxide as a substrate for manufacturing blue LEDs and blue laser diodes for next-generation optical...
Rofin-Sinar Completes Sale of Medical Laser Business to WaveLight
Oct 9, 2001 — PLYMOUTH, Mich., Oct. 9 -- Rofin-Sinar Technologies Inc. has completed the sale of the medical laser business segment of Carl Baasel Lasertechnik GmbH & Co. KG, Starnberg (a majority-owned subsidiary of Rofin-Sinar) to WaveLight Laser Technologie...
Candela to Cut Ties with PSS World Medical
Oct 9, 2001 — WAYLAND, Mass., Oct. 9 -- Candela Corp. plans to terminate Physician Sales & Service Inc. as a distributor when their agreement expires in October 2002 because of the "significant fluctuation" of the PSS World Medical Inc. unit's quarterly purchases...
DuPont Photomasks Reports First X Architecture Mask
Oct 9, 2001 — SUNNYVALE, Calif., Oct. 9 -- The X Initiative, a semiconductor supply chain consortium, announced the results of a successful effort by charter members DuPont Photomasks Inc. and Simplex Solutions Inc. to produce the first X architecture photomask....
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