* Microtune execs cleared on backdating
Following up on an internal investigation into the backdating of stock options, Microtune has determined its current leadership team and board members did not intentionally participate and would remain in their positions. The company said it has filed all its reports with the SEC, and that it has satisfied all conditions for continued listing on the Nasdaq board.
* Welcome Italia chooses Allot DPI system
Allot Communications announced that Italian telecommunications provider Welcome Italia has deployed Allot’s NetEnforcer AC-1020 broadband management devices in its ATM network. Allot NetEnforcer uses deep packet inspection (DPI) to provide policy-based quality-of-service (QoS) functionality. Welcome Italia administrators are using the Allot products to monitor traffic in real-time for network vulnerabilities such as heavy peer-to-peer usage, so that it can optimize the delivery of performance-reliant applications such as voice and video conferencing.
* Andrew, PCT/Andes tie their fates together
Andrew Corp. is increasing its stake in Andes Industries Inc. to 30 percent. Andes is a holding company, whose principal subsidiary is cable components supplier PCT International. At the same time, Andrew sold its broadband cable manufacturing operations in Yantai, China. The deal, according to Andrew, combines the companies’ broadband cable assets. As part of the deal, Andrew will receive approximately $16 million in cash and short-term notes from Andes.
* Cox TV to use BTi graphics system
Cox Television (a sister company to Cox Cable) will use an automated broadcast graphics system from BTi Inc. for a new branding initiative. Cox will use BTi’s Attendant Solutions to streamline its graphics operations. Cox Television operates 15 television stations, three national television sales representation firms and a news bureau in Washington, D.C.
* Jazztel’s new VOD service enabled by Kasenna
Spanish communications company Jazztel has launched a video-on-demand (VOD) service on its IP-based network using Kasenna’s PortalTV product suite. Jazztel has installed more than 50 of Kasenna’s MediaBase Video Servers to deliver H.264 streaming video. Jazztel is also using Kasenna’s vFusion content distribution software to optimize storage between a centralized server and streaming edge servers. Jazztel plans to add NPVR capability (network personal video recorder) to its network.
* FTS buys out Danet’s U.S. operations
FTS instantly gained a presence in the western hemisphere by acquiring the North American customers and personnel from Danet Inc., a German company minority-owned by SAIC. Danet had been selling FTS’ billing solution, called Leap Billing RC, which was optimized for the North American market.