Report: Nortel in talks to buy optical company

Nortel Networks Corp. is in preliminary talks to acquire Lightscape Technologies Inc., which makes optical transport gear and a subsidiary of Israel’s ECI Telecom Ltd., for up to US$800 million, according to reports out of Israel.

The Marker.com, a business Web site that tracks Israeli companies, said a contingent of 30 Nortel executives were recently in Israel performing due diligence on Lightscape. Lightscape recently announced its XDM optical transport system for metro and regional networks in the U.S.: Lightscape beams from metro to regional nets

The system combines dense wave division multiplexing, SONET add/drop muxing and digital cross-connect capabilities for wavelength and subwavelength grooming and delivery of gigabit data services.

A Nortel spokeswoman says the company does not comment on “rumor or speculation.” A Lightscape spokeswoman was said to be traveling and unavailable for comment.

Nortel currently offers the OPTera Metro portfolio for metropolitan optical networking. This line currently comprises eight products offering varying levels of support for DWDM, SONET and data protocols.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now