Blaze Network Products Adds Motorola and Hon Hai Precision Industry as Strategic Investors.Business Editors and High Tech Writers DUBLIN, Calif.--(BUSINESS WIRE)--March 14, 2001 Blaze Network Products(TM) Inc., an optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. subsystem company, announced today that Motorola and Hon Hai Precision Industry are joining forces with Blaze to become strategic investors in Coarse Wave Division Multiplexing (spelling) wave division multiplexing - A common misnomer for wavelength division multiplexing. (CWDM (Course WDM) An optical transmission method that is used for shorter distances than dense WDM (DWDM). Also known as "wide WDM," CWDM transmits fewer channels and uses wider spacing between the channels for distances up to 60 km. Wider spacing up to 25 nm, compared to 1. ) technology. The investments by Motorola Ventures, the strategic venture capital arm of the global communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. and Hon Hai Precision Industry, a global leader in providing mechanical solutions are the last part of a larger round of funding Blaze previously announced in November 2000. "We feel that Blaze is on the right path for developing scalable solutions for the bandwidth starved optical networking infrastructure," said Daniel Artusi, Motorola's corporate vice-president and general manager of the Networking and Computing Systems Group (NCSG NCSG National Chimney Sweep Guild NCSG National Congress of State Games (Colorado Springs, Colorado) NCSG North Carolina Sea Grant NCSG North Carolina Senior Games NCSG Newcastle Construction Safety Group ). "There is a natural symmetry of product development between Motorola and Blaze as the industry pushes towards 40-gigabit, 100-gigabit and terabit types of port performance." "Motorola brings a wealth of knowledge not only in ASICs, but in systems as well as module manufacturing. Likewise, Hon Hai Precision Industry's expertise in volume manufacturing gained from their cost-sensitive, copper interconnect product lines represents a shared vision and drive," said Brian Peters Brian Peters may mean:
The total investment made by Motorola and Hon Hai Precision Industry is undisclosed. Previously, Blaze announced a total of $55 million in equity in two rounds of Venture Capital backed financing. "It's an exciting time at Blaze," said Kirk Bovill, director of product marketing. "Teamed with Motorola's and Hon Hai Precision Industry's bold innovative approach to high-volume low-cost production, we are gearing up for the release of two key products over the next couple of months. At that point, it will just become a matter of shipping against our backlog and customer forecasts starting with our one and ten gigabit products. With partners such as Motorola and Hon Hai Precision Industry, the future holds tremendous opportunities in optical subsystem solutions." About Blaze Network Products Blaze Network Products develops and manufactures cost-effective, next-generation optical networking products. Using innovative Coarse Wavelength Division Multiplexing See CWDM. (CWDM) technologies, Blaze redefines networking performance at the critical interface between electronic and optical components. Blaze has developed precision manufacturing processes that reduce the costs of premises and metro WDM (1) (Wavelength Division Multiplexing) A technology that uses multiple lasers and transmits several wavelengths of light (lambdas) simultaneously over a single optical fiber. solutions and enable widespread deployment of optical solutions in premise and metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. (MAN) networks. More company information is available at www.BlazeNP.com. About Motorola Motorola, Inc. (NYSE NYSE See: New York Stock Exchange : MOT) is a global leader in providing integrated communication solutions and embedded Inserted into. See embedded system. electronic solutions. Sales in 2000 were $37.6 billion. Motorola Ventures (MV) is the global, strategic venture capital investment arm of Motorola, Inc. MV actively invests at early stages in developing companies of strategic value to Motorola in order to accelerate access to new technologies, new markets and new talent. More company information is available at www.motorola.com. About Hon Hai Precision Industry Hon Hai Precision Industry is a global leader in providing mechanical solutions. It is the largest manufacturer of connectors for use in PCs in Taiwan, and a leading manufacturer of connectors and cable assemblies in the world. The company also manufactures enclosures, primarily for desktop PCs and PC servers. For more information, contact Hon Hai Precision Industry Co. at (886) 2-2268-3466. Certain of the statements in this press release are forward looking in nature and, accordingly, are subject to risks and uncertainties. The actual results may differ from those described or contemplated. All product names and trademarks referenced herein are the property of their respective companies. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion