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September 13, 2005 Hayward, CA -- Glimmerglass, a provider of intelligent optical switches, has received a $1 million investment from NTT Leasing, the venture investment organization of NTT, one of Japan's largest telecommunications carriers.
According to a press release, the investment is related to NTT's strategy to develop a next generation network capable of providing ubiquitous broadband services to its customer base of more than 60 million. NTT says it sees optical fiber access as a critical component for building a simple, flexible, economical network with appropriate quality and security controls. The carrier says its NTT Leasing affiliate invests in companies that provide key technology to support such an advanced network.
"Glimmerglass switches are reliable and scalable, able to switch large numbers of fibers and wavelengths," asserts Masaaki Nogawa, executive vice president of NTT Leasing. "Glimmerglass technology connects enormous flows of data between fibers entirely in light, in a product that is small and uses very little power. We invested in Glimmerglass because their technology is critical for realizing a next-generation network that economically supports highly scalable broadband services."
Glimmerglass says its family of intelligent optical switches delivers non-blocking connections between optical fibers in a wide range of port sizes. The company says the switches employ proprietary micro-photonics technology to establish wavelength connections between optical fibers with no electrical switching or regeneration. The company says the switches can be used to provision, protect, test, and monitor optical networks in commercial and defense applications.
"We're very pleased to have NTT Leasing as an investor," concludes Glimmerglass CEO Robert Lundy. "NTT's vision for a next-generation network is exciting. We're enthusiastic about working with such a world leader in broadband services."
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