Telcordia Technologies Spins Out Network Design Tools, Inc. to Provide Design Tools for Next Generation Optical and Wireless Networks.Business Editors
MORRISTOWN, N.J.--(BUSINESS WIRE)--March 19, 2001
Network Design Tools Receives $15M in Equity Funding Equity funding
An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. from Pequot
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Communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems and solutions provider Telcordia Technologies Telcordia Technologies, formerly Bell Communications Research, Inc. or Bellcore, is a telecommunications research and development (R&D) company based in the United States and created on January 1 1984 as part of the 1982 Modification of Final Judgment that broke up , Inc. announced today the spinout spin·out
An instance of spinning out: a motorist who was injured in a spinout. of technology into a new company, Network Design Tools, Inc. (NDTI NDTI Nondestructive Testing & Inspection
NDTI National Drug Therapeutic Index ). Headquartered in Monmouth County, NJ, NDTI provides optical and wireless design software for next generation network simulation In computer network research, network simulation is a technique where a program models the behavior of a network either by calculating the interaction between the different network entities (hosts/routers, data links, packets, etc) using mathematical formulas, or actually capturing , modeling and economic forecasting economic forecasting
Prediction of future economic activity and developments. Economic forecasts, which range from a few weeks to many years, are widely used in business and government to help formulate policy and strategy. . Much of the software and product design team originate from the Telcordia Applied Research Organization, one of the industry's leading centers for telecommunications research and development. In connection with the spinout from Telcordia, NDTI has received $15M in equity funding from Pequot Capital Private Equity to expand and accelerate the development and marketing of the company's design software.
"As the communications market grows and becomes increasingly complex, carriers must seek ways to efficiently and cost-effectively deploy the components within their networks. Similarly, system and component suppliers need to optimize their product lines to meet the needs of the rapidly changing market. By utilizing NDTI's design tools, service providers can seek to maximize the financial return of their already deployed assets as well as bring new technologies to market on an accelerated basis," said Gail Lalk, acting president, Network Design Tools, Inc. "Working closely with Telcordia, Network Design Tools is well-positioned to become a key player in this nascent but growing market."
Network Design Tools provides flexible, vendor-neutral solutions to help carriers, system integrators and system equipment providers navigate the difficult choices available to them at every level of the network, from component and systems to overall network architectures. The initial customer offerings from Network Design Tools will include three families of products.
The optical component and device simulation tool family is designed to reduce product cycle times, and model the performance of components and subsystems in complex networks. It provides a framework for system integrators and component suppliers to evaluate tradeoffs among different vendors' products, and improve the quality and reliability of optical networks. Carriers that employ these tools have the potential to reduce product design and development times by up to a factor of five.
The network modeling tool family identifies lowest cost solutions for increasing network capacity and deploying new technologies. Initially, the product family will focus on optimizing the configuration of SONET and WDM (1) (Wavelength Division Multiplexing) A technology that uses multiple lasers and transmits several wavelengths of light (lambdas) simultaneously over a single optical fiber. rings to best meet the needs of a serving area. Customers who use these tools can potentially realize significant savings in equipment costs.
The economic forecasting tool family is a powerful strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. device. This tool enables users to rapidly evaluate the technical and economic merits of a complex wired or wireless next generation network (NGN (Next Generation Networks) An umbrella term for mixed voice and data networks running over the IP protocol. See IP Multimedia Subsystem. ), or legacy network evolution plan. It has been used successfully to determine prudent bids for new spectrum in the wireless arena, and by several equipment manufacturers to determine features and specifications needed for their equipment to succeed in target markets.
"We are thrilled that these tools, which have already been used successfully with leading global service providers for the introduction of leading-edge technologies in their networks, will now be available commercially," said Robert Lucky Robert W. Lucky (b. 1936 in Pittsburgh, Pennsylvania) is a retired electrical engineer. He is best known for his work at Bell Labs. Bob is a Fellow of the IEEE and a member of the National Academy of Engineering. , corporate vice president, Applied Research, Telcordia Technologies. "Network Design Tools has the potential to unleash tremendous value by turning these solutions into commercial products."
In connection with the formation of NDTI, Gail Lalk has been appointed Acting President. Ms. Lalk has more than 15 years of experience in the industry, the majority of which has been spent at Telcordia. She has a broad range of research experience in optical network technologies and applications, extensive contacts in the industry, and operational and business management experience.
"NDTI's family of tools allows component and equipment manufacturers to design products that achieve optimal network performance and compatibility, while giving service providers the ability to evaluate the most cost effective and technically sound solution for increasing network capacity. The tools' rich history of providing results for Telcordia customers give them great credibility," said Gerald Poch, managing director, Pequot Capital Management.
About Telcordia Technologies, Inc.
Telcordia Technologies, Inc., an SAIC SAIC - http://saic.com. company, is one of the world's largest providers of operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such , network software and consulting and engineering services to the telecommunications industry. A leader in the development of Next Generation Network technologies, Telcordia employs more than 7,000 professionals, and has revenues of more than $1.5 billion. Telcordia (www.telcordia.com) is headquartered in Morristown, NJ with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Central and South America and Asia Pacific.
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