Cisco In Negotiations to Acquire Luxtera

Luxtera has been in the limelight since the news of acquisition by Cisco came out. Though there are no official statements from either Cisco or Luxtera, the industry has started discussions based on the reporting by leading newspapers. According to the people watching closely the movements of acquisition, the biggest telecommunication network equipment maker, Cisco Systems Inc., is in talks to purchase optical chip technology company Luxtera Inc., No price information has been revealed and the since the talks are held privately, but sources close to the matter guess a few hundreds of millions of dollars. The negotiations are held confidentially and came to know only that Cisco could beat out bids from rivals such as Intel Corp. and Broadcom Inc.,

Charlemont Town Opts for Own Fiber Network, Rejects Comcast Offer

The residents of Charlemont town have voted for own fiber-optic network, rejecting an offer from Comcast to build, own and transfer a fiber network. Fifty-six percent of the residents voted in favor of the town building its own network rather than depending on Comcast. The offer from Comcast to the town authorities was to bring high-speed internet to up to 96 percent of households in Charlemont.

Iran and Azerbaijan Agree to Build a New Fiber Optic Link

The Iranian news agency IRNA reports that the governments of Iran and Azerbaijan are planning to improve telecommunication links connecting the two countries. A new fiber-optic route is the outcome of discussions between the members of ministries of both nations. Azerbaijan’s Minister of Transport, Communications and High Technologies Ramin Guluzade revealed the government plans to the press agencies.

Inter-Korean Communication Link will be Upgraded with Fiber Optic Cables

Political conflicts apart, the two Koreas has agreed to improve on the communication network, which is believed to be a great step toward peace and harmony in the peninsula. In a landmark agreement, the two Koreas will start reconstruction of the existing copper communication links by upgrading them to fiber optic links.