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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (753)9/6/2000 2:32:39 PM
From: elmatador  Read Replies (2) | Respond to of 46821
 
It is this type of gang that will make the building blocks of the Next Next Generation Network I talk about. I can feel it because of the disparate companies they come from. The geographical spread. I think those are the kind of guys...

Ex-Lucent, 3Com execs join high-speed network group
By Reuters
Special to CNET News.com
August 31, 2000, 1:30 p.m. PT
update TEL AVIV-- A group of former executives from U.S., Israeli and German technology firms, including Lucent and 3Com, said today they had formed a new company to provide a platform to deliver entertainment content and services over broadband networks.

The new company, called BigBand Networks, aims to combine video, voice and data capabilities over multiple networks including cable, satellite, wireless and high-speed digital lines, according to a statement.

In addition to former executives of Lucent and 3Com, the new company is being spearheaded by ex-employees of Germany's Siemens, the United States' Divicom and Israel's ECI Telecom and OptiBase plan to join BigBand.

Former Optibase executives Amir Bassan-Eskenazi and Ran Oz, who pioneered MPEG video transmission over broadband networks, will lead the new company.

The new entity received $30 million in private financing.

Story Copyright © 2000 Reuters Limited. All rights reserved.