COMPANY PRESS RELEASE: Tellabs completed its acquisition of Ocular Networks, enabling it to help service providers manage metropolitan traffic all the way to the edge of the network.
Through this acquisition, Tellabs adds three new products to augment its strong portfolio of digital cross-connect and transport switching systems, helping customers lower costs and speed revenues. The completion of the Ocular acquisition follows Tellabs’ receiving all necessary government approvals.
Now we can help our customers optimize network efficiency all the way to the edge of the network, said Richard C. Notebaert, president and chief executive officer of Tellabs. By combining these next-generation products with Tellabs’ strengths, our customers gain new optical networking applications that manage their metro traffic needs simply and cost-effectively.
Through the acquisition, Tellabs complements its Tellabs 5000 digital cross-connect systems and Tellabs 6000 transport switching series with the new Tellabs 6400 line of products, which increases network utilization efficiency in Tier 2 and Tier 3 offices. The new Tellabs 6400 transport switching line of products helps carriers open new revenue streams from Ethernet over SONET (synchronous optical network), and dramatically lower capital and operating costs.
The new Tellabs 6400 transport switching systems include:
The Tellabs 6400 Transport Switch (formerly known as the Ocular OSX-6000), a metro edge device that integrates cross-connect technology, add-drop multiplexing and highly efficient data switching for Internet protocol (IP) and Ethernet traffic.
The Tellabs 6410 Transport Edge Node (formerly the Ocular OSX-1000), a compact, low-cost full SONET add/drop multiplexer system for time division multiplex (TDM) access and data services.
The Tellabs 6490 Element Manager (formerly the Ocular MetroWatch), a management system that provides simplified, automated provisioning for voice and data services.
The new Tellabs 6400 series of transport switching products simplifies networks by offering a single element that works as an add/drop multiplexer, a wideband and broadband digital cross-connect and a data switch. The series supports TL-1 (transaction language 1) and SNMP (simple network management protocol) for compatibility with existing networks and handles TDM access and IP traffic over a single switching fabric. The Tellabs 6400 transport switching products support key wireline and wireless customer applications by extending SONET wideband and broadband digital cross-connect system functionality into Tier 2 and Tier 3 offices and points of presence (POPs).
Tellabs paid $355 million in cash and options for privately-held Ocular Networks. Tellabs will retain the Reston, Va., office location for employees who are developing the Tellabs 6400 series of transport switching products.
Ocular Networks will now be the Tellabs Metro Networking Group led by Ed Kennedy, senior vice president, who will report to Richard C. Notebaert, president and chief executive officer of Tellabs. Jeff Schmitz has been named the vice president of product development for the Tellabs Metro Networking Group and will report to Ed Kennedy. Other changes related to the acquisition include the creation of a new department for product strategy and portfolio management, which will be led by Scott Steele, vice president of Product Strategy and Portfolio Management. Steele will report to Steve McCarthy, senior vice president of Global Marketing. In addition, Harvey Scull, senior vice president of Tellabs’ Network Technologies Group, will now report to Tom Gruenwald, senior vice president and general manager of Tellabs’ Broadband Access Group.