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

To: GraceZ who wrote (4130)	10/22/2001 10:38:48 PM
From: Frank A. Coluccio	Respond to of 46821

IKANOS UNVEILS CHIPS FOR LONG RANGE ETHERNET, CLOSES $5 MILLION IN FUNDING Ikanos Communications, a start-up based in Fremont, California, introduced a family of programmable chipsets that it claims could be used to deliver bandwidth services ranging from 64 kbps through 100 Mbps over existing copper pairs. The chipsets are being designed to support Long Range Fast Ethernet (LRFE), Ethernet in the First Mile (EFM), and Very High Bit Rate Digital Subscriber Line-Discrete Multi-Tone (VDSL-DMT). Ikanos said its chipsets could be used to deliver EFM at up to 10 Mbps over a range of 4,500 feet (1,432m), or LRFE at up to 100 Mbps over distances of up to 5,000 feet (1,524m) with on-chip Inverse Multiplexing of multiple copper pairs. In addition, Ikanos will support all international VDSL-DMT standards for North America, Europe, and Asia, including ATM and Ethernet protocols for Plan 998, Plan 997, and Flex Plan, in a single chipset. Separately, Ikanos secured $5 million in second round funding. New investors include Intel Capital and VentureTech Alliance, an affiliate of Taiwan Semiconductor Manufacturing Company (TSMC), which will be Ikanos' main technology and manufacturing partner. Ridgewood Capital, which participated in earlier funding rounds, increased its investment in Ikanos in this round. Other previous Ikanos investors include Anthelion Capital, Greylock Partners, JPMorgan Partners, Sequoia Capital, Telesoft Partners, and Walden International. ikanos.com Ikanos Communications, October 22, 2001 Ikanos is led by Rajesh Vashist, who previously served as general manager of the OEM Solutions Group at Adaptec. The company was founded by Dr. Behrooz Rezvani, who previously established AFC's Fremont Design Center, where he managed the development of VDSL and ADSL Lite line cards.