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Redback in the News
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VC
Firm Sees a Redback Bounce-Back May
25, 2006 |
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TECH-BUBBLE WASHOUT Redback
Networks is making a strong comeback selling routers
and is winning the hearts of venture capitalists along
the way.
Redback, a midsize communications-equipment provider, emerged from
bankruptcy in January 2004 and has become a leader providing broadband
networking systems to clients such as BellSouth and Verizon
Communications while expanding its presence in Asia and Europe. |
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Telecoms
Infrastructure for Next Generation Services
May 26, 2006 |
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Carrier networks aren't ready for
high-end services like High Definition TV over phone lines,
or for running 10-Gig Ethernet to the kerb, or for offering
or enforcing large-scale service level agreements across
the metro area, or hosting IP-based business continuity
solutions. Yet that's what customers are demanding: There
are opportunities, many opportunities, for offering value-added
network services, whether it's VDSL2, affordable optical
backhaul or intelligent IP gateways. How can carriers enhance
their service offerings and upgrade their networks with
the lowest possible CAPEX and OPEX?
http://www.indiatelecomnews.com/newdetails.asp?newsid=483 |
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Redback
Networks Routers Chosen to Deploy Next-Generation
Services in China
May 25, 2006 |
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More than three million broadband
subscribers in China’s Guandong province—regardless
of their access to technology—will soon be offered
next-generation services, courtesy of Redback Networks.
According to a press release, service provider Guangdong Telecom
has decided to deploy Redback’s SmartEdge routers to help expand
its broadband network and also to offer advanced services in the
province’s three largest cities—Guangzhou, Shenzhen and
Dongguan. http://ipcommunications.tmcnet.com/hot-topics/gateway/articles/1319-redback-networks-routers-chosen-deploy-next-generation-services.htm |
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Alcatel,
Redback put Cisco, Juniper on edge
May 15, 2006 |
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Alcatel and Redback Networks made
significant gains in the multiservice edge router market
in the first quarter, threatening the long-held leadership
of Cisco Systems and Juniper Networks, according to Dittberner
Associates.
Redback bumped Juniper from third place in the market during the
first quarter--but just barely, Dittberner said. Redback's multiservice
edge router revenue jumped 27% sequentially in the quarter, giving
it $41.3 million in revenue and slightly more than 15% of the market.
Juniper, meanwhile, rode a small sequential revenue decline to $40.8
million and slightly less than 15% of the market.
http://telephonyonline.com/home/news/alcatel_redback_edge_051506/ |
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Driving
the market are IP TV, carrier Ethernet
and multiservice networking
May 12, 2006 |
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Three trends are driving the
edge router market: IP TV, carrier Ethernet and multiservice
networking. These are also the reasons that the edge
router market is expected to grow 21% this year to
just less than $3.2 billion, the same rate of growth
for 2005, according to the Dell'Oro Group.
Edge routing is crucial in IP TV for Ethernet and broadband
aggregation, and IP services delivery. Ethernet and broadband
aggregation routers collect thousands of Ethernet and DSL access
feeds from subscribers for connection to IP TV content. IP
service edge routers personalize those connections by identifying
the subscriber and implementing video subscription policies
and preferences to the user/content interaction.
http://www.networkworld.com/news/2006/051506-edge-routers.html |
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Insider
buys $42M in Redback stock
May 11, 2006 |
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In advance of a proposed public offering
of the company's stock, a group led in part by one of Redback
Networks' directors is purchasing nearly $42 million in
the company's stock, regulatory filings revealed this week.
On May 9, TCV Funds agreed to purchase 1,927,500 shares of Redback
common stock from Quattro Global Capital (advisors to the Alta Partners
investment group) at $21.75 per share. TCV Funds was set up by Technology
Crossover Ventures, a Redback investor whose director, John Drew,
also sits on Redback's board of directors.
Insiders taking a greater stake in the company is generally an encouraging
sign to investors, said Joanna Makris, an analyst who covers Redback
for Canaccord Adams, and TCV's move is no exception. "The increased
stake, to a lot of people, shows validation," she said.
http://telephonyonline.com/home/news/alcatel_redback_edge_051506/ |
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Chron
200 Return
May 5, 2006 |
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The San Francisco Chronicle has published
their Chron 200 2006 list and Redback is included. Redback
is ranked 186 on the Chron 200 list in terms of revenue
and then also ranked (No. 2, with a 262.7 percent return)
of San Jose, which sells networking products for Internet-based
services and communications.
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2006/05/05/BUC200RETURN.DTL |
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