Wednesday, May 22 2013 5:16 AM EDT2013-05-22 09:16:17 GMT
Nearly 60-thousand "Lea" panel, loft and bunk beds in various sizes are being recalled. It turns out the side mattress support rails can break, posing a fall hazard. The rails are on 34 different LeaMore >>
Nearly 60-thousand "Lea" panel, loft and bunk beds in various sizes are being recalled.More >>
A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the...More >>
Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take...More >>
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Enters the optical networking industry as game-changer
ANAHEIM, Calif., March 18, 2013 /PRNewswire/ -- Coriant today announced its plans to enter the optical networking industry at OFC/NFOEC, the world's leading event for advancing optical solutions. The company plans to become a game-changer in the optical industry. The Optical Networks business unit of Nokia Siemens Networks would transfer to Coriant after the closing of the planned transaction between Marlin Equity Partners and Nokia Siemens Networks, which was announced on December 3, 2012. The deal is expected to close in the first half of 2013.
Coriant is introducing its plans to accelerate leadership and innovation in the optical networking market, unleashing a vision for reshaping optical networks for operators and their customers. Visit Coriant at OFC/NFOEC at booth #3900.
Operators are beginning the transition from a relatively static 10G world to an era of exponential and dynamic traffic growth driven by concurrent demand for mobility, video and cloud services and applications. This hypergrowthin demand will fundamentally transform optical network architectures and service delivery strategies for the next decade. Positioned to maximize customer value in the era of hypergrowth, Coriant would bring to market proven 100G/OTN scalability, intelligent control, and extensive automation capabilities with a software-defined, end-to-end approach for more agile service creation.
"With plans to help operators manage costs and complexity as optical networks scale, Coriant is expected to enter the market with proven strengths and a compelling vision for agile, end-to-end service delivery powered by software-defined intelligence," said Herbert Merz, designated President and CEO of Coriant. "Coriant will redefine optical networks for the hypergrowth era."
After the closing of the planned transaction between Nokia Siemens Networks and Marlin Equity Partners, Coriant would leverage 30 years of German engineering excellence and quality, distinguished by the highest-performing 100G solution. Coriant would begin its journey as the preferred global supplier to leading network operators in six continents and more than 100 countries.
"We are excited to start working with Coriant as strong player in the optical networking industry," stated Erik Hallberg, President of TeliaSonera International Carrier (TSIC). "We are convinced that Coriant will provide us with the leading technology and service delivery capabilities that allow us to deliver a superior end-user experience. We are looking forward to a strategic partnership with Coriant."
"We believe in the long-term value that Coriant can bring to its Tier 1 customer base as the optical market crosses an unprecedented inflection point and industry dynamics pave the way for a new market leader," said Patrick DiPietro, Operating Partner, Marlin Equity Partners. "We are tremendously excited to be working with a team recognized for its optical networking expertise and leadership, and we are committed to providing the financial strength and resources necessary to ensure Coriant's success."
Doug Bayerd, a Principal at Marlin Equity Partners added, "We plan to build Coriant into a solid market leader."
Coriant plans to become a game-changer in the optical industry. The Nokia Siemens Networks Optical Networks business unit would transfer to Coriant after the closing of the planned transaction between Nokia Siemens Networks and Marlin Equity Partners announced on December 3, 2012. The company will be headquartered in Munich.
Tuesday, May 21 2013 1:21 AM EDT2013-05-21 05:21:10 GMT
An antibiotic so popular many people know it by name has some unpopular attention from the federal government. The Food and Drug Administration has said that this could be a matter of life and death forMore >>
An antibiotic so popular many people know it by name has some unpopular attention from the federal government. The Food and Drug Administration has said that this could be a matter of life and death for some patients who use azithromycin, which is also known as Zithromax or Z-pack.More >>
Tuesday, May 21 2013 11:17 PM EDT2013-05-22 03:17:49 GMT
For the first time, a Posey County woman who lost three family members in a fire earlier this year, is speaking out and making a shocking allegation. The shell of that home is still standing on TuesdayMore >>
For the first time, a Posey County woman who lost three family members in a fire earlier this year, is speaking out and making a shocking allegation.More >>
Tuesday, May 21 2013 2:38 PM EDT2013-05-21 18:38:10 GMT
NASH COUNTY, NC (WYFF) - A North Carolina woman is facing charges after authorities say she tried to poison five people. Tiara Drake is charged with five counts of attempted murder. Nash County deputiesMore >>
A North Carolina woman is facing charges after authorities say she tried to poison five people.More >>
Tuesday, May 21 2013 11:59 PM EDT2013-05-22 03:59:42 GMT
An Evansville man is spear heading a local campaign for donations to take to the victims of the tornado. The trailer is empty Tuesday night, but starting Wednesday, volunteers will begin filling itMore >>
An Evansville man is spear heading a local campaign for donations to take to the victims of the tornado.More >>
Tuesday, May 21 2013 2:51 PM EDT2013-05-21 18:51:22 GMT
Information courtesy Better Business Bureau: Memorial Day is a time to honor those who serve and remember those who have died in war. But sadly, it has also become a key opportunity for fraudsters toMore >>
Memorial Day is a time to honor those who serve and remember those who have died in war. But sadly, it has also become a key opportunity for fraudsters to target those who are serving or have served their nation, especially elderly veterans.More >>
Monday, May 20 2013 7:51 PM EDT2013-05-20 23:51:52 GMT
DONIPHAN, AR (KAIT) – A search effort is underway in Southeast Missouri. The Hartland Pit Stop in Doniphan apparently sold a $1 million Powerball ticket this past weekend, but the winner has yet to comeMore >>
A Southeast Missouri woman wrapped up a big week by taking home a piece of the record $600 million Powerball jackpot. More >>
Monday, May 20 2013 11:48 PM EDT2013-05-21 03:48:15 GMT
A woman has been arrested after she allegedly locked her four young daughters out of their home for days at a time.A witness told police that the four girls, ages 7, 5, 3 and 1, had been in the same dirtyMore >>
A woman has been arrested after she allegedly locked her four young daughters out of their home for days at a time.More >>
Tuesday, May 21 2013 7:16 PM EDT2013-05-21 23:16:48 GMT
MOORE, OK - The Oklahoma County Sheriff's office tweeted a photo of a frightened, muddy dog Monday after the deadly EF-5 tornado ripped through the town.The comment accompanying the photo said, "scared,More >>
A heartbreaking photo of a little dog guarding the body of his owner, who was killed in the Moore, OK, tornado, is going viral.More >>
Tuesday, May 21 2013 3:14 PM EDT2013-05-21 19:14:27 GMT
Wesselman Park is back open after police closed the park due to a suicide. Shortly after noon on Tuesday, police were called to the park and shut the north end off for over 2 hours. A man at the neighboringMore >>
Wesselman park is back open after police closed the park due to a suicide.More >>
Tuesday, May 21 2013 4:47 PM EDT2013-05-21 20:47:21 GMT
Indiana State Excise Police officers say they seized 1,175 bootleg DVDs at an Evansville store Tuesday afternoon. Officers searched Riverside One Stop in the 400 block of E. Riverside Drive, for evidenceMore >>
Officers searched Riverside One Stop in the 400 block of E. Riverside Drive, for evidence of fraud, including unauthorized copies of DVDs displayed for sale at the store.More >>
1115 Mt. Auburn Road
Evansville, IN 47720