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Today's report from Web Editor
Susan Rush
• Cisco Acquires CAIS Software
• Set-tops Boost S-A Earnings
• Seeing Is Believing: DSL Tour 2000
• Broadband Briefs
• Next Week In Broadband
Cisco Acquires CAIS Software
Complete broadband connectivity for service providers is
Cisco Systems' ultimate goal, and the company moves a step closer to
achieving that goal with the acquisition of CAIS
Software (CAISsoft). Cisco will pay $170 million in cash and Cisco
common stock for the broadband subscriber management software unit.
CAISsoft, a wholly owned subsidiary of CAIS
Internet Inc., offers software that enables service providers to manage
high-speed Internet services in hotels, apartments, airports and office
buildings.
CAISsoft is not Cisco's first acquisition, and it probably
won't be the last. In August, Cisco announced plans to acquire PixStream
Inc. in an effort to accelerate its strategy to build and deploy
broadband networks that provide access to bundled voice, video and data
services. Cisco also purchased Komodo
Technology Inc. and picked up a piece of Liberate
Technologies in late July.
Related Stories:
Cisco
Picks Up PixStream, Multichannel News, 8/31/00
Cisco
Pushes IP With Komodo Buy, Multichannel News, 7/25/00
Cisco Buys A
Liberate Slice, Multichannel News, 7/24/00
Set-tops Boost S-A Earnings
Scientific-Atlanta, Inc.'s
stock was on the rise this morning, following its announcement of $63.8
million in profits during the first quarter. S-A's stock jumped more than 19
percent to $62.69 as of 11:36 a.m. EDT.
The company's 153 percent increase in earnings over the same
period a year ago was driven by its broadband cable TV equipment business
and was up 8 cents per share more than analysts had expected. Subscriber
sales increased 145 percent to $385.7 million and transmission sales
increased 27 percent to $186.7 million for the quarter. The company's
set-top box sales are the main reason its quarterly results have topped
analysts' predictions for the last two-years. The latest quarter was no
exception, for the first time digital set-top quarterly shipments exceeded
one million units -- 1.03 million units were shipped, up from 245,000 units
during the same period a year earlier. Last quarter, 835,000 digital
set-tops were shipped.
Related Stories:
S-A
Introduces Prisma DT Line Cards, CEDaily Direct, 10/18/00
Residential
Gateways Carve Out Market Niche, CED, 8/00
Seeing Is Believing: DSL Tour 2000
We may be ensconced in the high-speed technology age, but
sometimes you have to get back to basics. Verizon
Communications is taking its DSL show on the road in an effort to
attract new subscribers. The tour kicks off tomorrow at a shopping mall in
Maryland. Okay, so there might not be screaming teenagers pushing and
shoving to get a closer look at the screen, and there certainly won't be a
mosh pit, but to attract a crowd, Verizon will be giving away prizes.
"Seeing is believing," says Marianne Berry, vice
president, marketing for Verizon Online. Consumers will be able try out
DSL-enabled computers and surf the Web, and then subscribe to Verizon Online
DSL on the spot.
The tour dates: October 21, 22 in Rockville, Md. at the White
Flint Mall; October 27 in White Plains, N.Y. at the Westchester Mall; and
November 3-5 in Braintree, Mass. at the South Shore Plaza.
Verizon is taking a page from other broadband service
providers such as cable modem outfit Excite@Home,
which has held similar mall tours to tout its product.
Related Stories:
Excite
Radios For Subscribers, BroadbandWeek Direct, 10/19/00
See It,
Touch It, Buy It, BroadbandWeek Direct, 10/11/00
Broadband Briefs:
- TiVo Inc. reports
$1 million in revenue for the quarter ended September 30, 2000, compared to
$33,000 for the September 30, 1999 quarter. The personal television provider
suffered a net loss of $64 million for the quarter, up from $20 million during
the same period a year ago. TiVo added 25,000 subscribers during the quarter
to bring its installed subscriber base to 73,000.
- The General Accounting
Office, the investigative arm of Congress, reports that Congress may want
to consider a new Internet law that would bring regulation of cable, wireless
and phone-company provision of Internet-access services together.
- Infogrames
tabs Stream Theory, Inc. to deliver
broadband-connected visitors to its gaming site PC game demos in full
streaming media.
- Level 3
Communications opens a data center in Tokyo to connect Japanese customers
directly to its global broadband undersea cable system. Undersea cable
connecting Japan and Hong Kong is expected to be compete in the second quarter
of 2001.
- Digital
Island will stream the launch of the GE Americom satellite live over the
Internet tomorrow at 5:15 p.m. EDT at www.geamericom.com/satellite/launches.net.
- Thalamus Half
secures a three-year extension on its contract with Swedish real estate
company ebo to provide broadband access to
tenants in ebo apartment buildings.
- The Czech Republic is gearing up for a high-speed
third-generation wireless license auction to take place early next year.
The finance ministry is hoping to bring in at least $485 million in license
revenues.
- The San Francisco Business Times names NorthPoint
Communications the hottest broadband company at its 2000 HotDot Internet
Awards.
Next Week In Broadband
- Conferences:
Oct. 21: Motorola High-Tech Recruitment Fair, Company Headquarters, Horsham, Pa.;
www.motorola.com
Oct. 24: Broadband Tour, Millennium Broadway, New York, N.Y.; www.vignette.com/broadband
Oct. 26: Broadband Tour, Four Seasons Hotel, Chicago, Ill. .; www.vignette.com/broadband
- IPOs:
Oct. 24: XACCT Technologies Ltd. (XCCT). IPO managed by Credit Suisse First Boston., 5 million shares being offered at $9-$11 a share.
- Upcoming Broadband Events:
Oct. 30-Nov. 1: Wireless Data and Internet ComForum 2000, Omni Hotel, Richardson, Texas;
www.iec.org
Nov. 6: Upstream Seminar Series, Roosevelt Hotel, New York, N.Y.;
www.kipinet.com/ustream
Nov. 9: Upstream Seminar Series, Hyatt Regency San Francisco, San Francisco, Calif.;
www.kipinet.com/ustream
Nov. 13-17: COMDEX Fall 2000, Las Vegas Convention Center, Sands Expo & Convention Center and Las Vegas Hilton, Las Vegas, Nevada;
www.key3media.com/comdex/
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