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News & Analysis 2007 P21



Hibernia Atlantic undersea network to connect Iceland with North America and Europe
AUGUST 9, 2007 -- Hibernia Atlantic says it will deploy a branching unit off its existing northern cable, giving Iceland direct connectivity to North America, Ireland, London, Amsterdam, and the rest of continental Europe.

Intune Networks receives $17.75 million in funding
AUGUST 9, 2007 -- Intune Networks has raised $17.75 million from a consortium of international investors to commercialize its technology. New products are expected next year.

Xtera Communications closes $52 million private placement
AUGUST 9, 2007 -- The private placement was co-lead by existing investors New Enterprise Associates (NEA) and ARCH Venture Partners and by new investor Wellcome Trust of London. Wellcome Trust took down approximately 50% of the offering.

FiberNet announces data center enhancement
AUGUST 8, 2007 -- FiberNet Telecom Group Inc., a provider of interconnection services, says it will convert 8,000 sq ft of currently unoccupied colocation space at its 165 Halsey Street location in Newark, NJ, into an Internet-grade facility.

INSIGHT Research: Wireless backhaul drives private line services demand
AUGUST 7, 2007 -- INSIGHT Research reports that from 2007 to 2012, the overall private line market will grow at a compound annual rate of 3.8%, reaching $48 billion in revenue by 2012. 

Charys' Viasys Services tapped for Florida fiber network build
AUGUST 7, 2007 -- With Florida Department of State application approval on July 11, 2007, Viasys has been selected as the prime contractor for fiber-optic construction for the counties of Hillsborough, Pinellas, Pasco, Manatee, and Sarasota. This work, which began on July 5, 2007, will continue through the rest of this year and into 2008.

Georgia Aquarium connects dark fiber network to telx carrier hotel
AUGUST 7, 2007 -- The Aquarium colocates its core interconnection equipment with telx, which manages the cross connects interconnecting its dark fiber network to an array of providers. Through this connection, the Georgia Aquarium says it gains the ability to collaborate with other aquariums and educational institutions on various research initiatives.

Inphi opens design innovation center
AUGUST 6, 2007 -- Inphi Corp. has established the first of its Global Centers for Design Innovation in the heart of the Silicon Valley. The Silicon Valley Design Center will be managed by Ali Wehbi.

PPL Telcom completes Philadelphia gateway
AUGUST 2, 2007 -- PPL Telcom announced the completion of a dual node optical network architecture to deliver a layer of protection for customers in the greater Philadelphia region.

iAdvantage expands network capacity with M-series multiservice routers
AUGUST 1, 2007 -- Asian IT infrastructure provider iAdvantage says the upgrade increases network capacity between its data centers and Hong Kong's metropolitan-wide network hubs.

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