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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (5496)4/25/2000 10:00:00 AM
From: Techplayer  Read Replies (1) of 14638
 
Nortel And Lucent Compete For Air Time
Ready to Rumble!
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Forget pro-wrestling. Fight fans looking for blood should tune into the scrap now brewing between Lucent Technologies lucent.com and Nortel Networks nortel.com for domination of the fiberless optical networking market.

Lucent and Nortel have both struck deals with fiberless optical startups -- ones that sell products that use lasers to transmit high-speed voice and data through the air rather than over fiber cable. But the companies they have sided with have different takes on the technology, which makes this an interesting face-off.

Nortel today announced a reseller agreement with AirFiber Inc. airfiber.com, which itself announced its first products -- called OptiMesh -- this morning. Nortel provided AirFiber with its second round of financing, and has been working with the vendor on product development since last August, it says.

Just two weeks back, Lucent announced its own partnership with TeraBeam Networks terabeam.com. Under the agreement, Lucent will take a 30% stake in TeraBeam and will set up a jointly owned company to distribute the products (see The Truth About TeraBeam ).

lightreading.com
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