Alcatel-Lucent Invests in WiMAX Semiconductor Supplier Sequans.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. & CUPERTINO, Calif. -- Alcatel-Lucent today announced it has invested in SEQUANS Communications, a leading supplier and developer of fixed and mobile WiMAX See WiMAX and 802.16. semiconductor solutions. The investment is an extension of Sequans' recent round of funding announced in July 2006. Terms of the investment agreement were not disclosed. "Our investment in Sequans shows our commitment to WiMAX and our interest in supporting the development of the leading WiMAX technologies," said Karim El Naggar, vice president of Alcatel-Lucent WiMAX Business Unit. "Sequans' high-performance chips are an important element helping to ensure Alcatel-Lucent's leading position in this industry." "Alcatel-Lucent is a key WiMAX player and the worldwide leader in broadband deployment," said Georges Karam, Sequans CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "By strengthening our cooperation, we will be able to better benefit from Alcatel-Lucent's vast experience in addressing the needs of broadband fixed and mobile markets." Sequans has been heavily involved with the development of IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.16 d/e standards and WiMAX Forum activities, including all PlugFests, where interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. is tested, and certification procedures. Sequans will soon be releasing a mobile WiMAX chip for client devices designed to exceed WiMAX Forum Wave 2 certification requirements. About Alcatel-Lucent Alcatel-Lucent (Paris:ALU (Arithmetic Logic Unit) The high-speed CPU circuit that does calculating and comparing. Numbers are transferred from memory into the ALU for calculation, and the results are sent back into memory. Alphanumeric data are sent from memory into the ALU for comparing. ) (NYSE NYSE See: New York Stock Exchange :ALU) provides solutions that enable service providers, enterprises and governments worldwide to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. (All figures exclude impact of activities to be transferred to Thales.) For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com. About Sequans SEQUANS Communications is a leading supplier of fixed and mobile WiMAX silicon and software based on 802.16 standards. Offering both base station and subscriber station system-on-chips (SoCs) for both fixed and mobile WiMAX, Sequans offers equipment manufacturers an all-in-one solution with full MAC and PHY See physical layer and physical. functionality, enabling them to build a complete range of WiMAX network components: high-end and pico base stations, outdoor and indoor subscriber terminals, home gateways, and all types of mobile devices. Sequans, along with its RF partners, provides the most complete WiMAX solution available to system manufacturers today. Sequans' fixed WiMAX products are WiMAX Forum Certified[TM] and its mobile WiMAX products will be readily certified when the certification process begins. Sequans is based in Paris, France, with offices in USA, Israel and Singapore. Please visit www.sequans.com. |
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