Corning and Cisco Announce Strategic Alliance To Deliver Optical Solutions to Service Providers.Business & High Tech Editors CORNING, N.Y.--(BUSINESS WIRE)--Nov. 14, 2000 New strategic relationship will result in faster deployments of optical networks Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. (NYSE NYSE See: New York Stock Exchange :GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) and Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) today announced a strategic alliance to deliver IP+ optical solutions to their service provider customers. By combining Corning's expertise and leadership in optical fiber and photonic products with Cisco's expertise in Internet scale 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. solutions, the alliance will work together to speed deployment of optical infrastructures. These solutions are expected to reduce service providers' time to market and the cost of deploying the optical network. "Optical networking is revolutionizing the Internet and creating unprecedented opportunities that benefit the Internet ecosystem," said Mike Volpi, senior vice president and chief strategy officer at Cisco Systems. "Corning's expertise in optical fiber and photonic products, coupled with Cisco's expertise in building IP-based networks is a powerful combination that will enable service providers to deliver rich new services." Through this non-exclusive alliance, Corning and Cisco will form teams to develop pre-engineered optical solutions consistent with customer requirements. Products included with this effort are Cisco's core products, Corning's full line of optical fiber products, including the latest generations of Corning LEAF(R) and MetroCor(TM) optical fiber, and Corning's photonic products including MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. based optical switches and Raman amplifiers. In addition, Corning will supply optical amplifiers to Cisco. "Corning is delighted to be working closely with Cisco, which is recognized throughout the industry for innovative, end-to-end networking solutions," said Wendell Weeks, executive vice president, Corning Optical Communications Optical communications The transmission of speech, data, video, and other information by means of the visible and the infrared portion of the electromagnetic spectrum. . "We look forward to working together to develop future generation communications platforms for their customers." Corning Incorporated Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning's revenues in 1999 were $4.7 billion. Cisco Systems, Inc. Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. News and information are available at the Cisco Press Room Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners |
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