Paris, July 18, 2003 - Alcatel (Paris: CGEP.PA and NYSE: ALA) today announced that, after finalizing all customary closing procedures, the acquisition in shares of TiMetra Inc. has been completed. TiMetra is based in California and specializes in IP/MPLS service routing at the network edge.
TiMetra’s innovative Service Router, developed for next-generation carrier networks, has been re-branded the Alcatel 7750 Service Router (SR) and is now part of Alcatel’s portfolio of advanced data networking solutions. The Alcatel 7750 SR is the first scalable routing platform to incorporate the service orientation and management capabilities necessary for delivery of new, private data services as well as Internet access. Enabling service providers worldwide to maximize revenue and profit from their IP and IP/MPLS networks, the Alcatel 7750 SR, which is already deployed in several commercial networks, also delivers a generational leap in performance, density and flexibility over existing Internet routers.
The 7750 SR is managed by TiMetra's innovative element management product, now branded the Alcatel 5620 Service Router Manager (SRM). As an added benefit, the Alcatel 5620 SRM will be seamlessly integrated into the Alcatel 5620 Network Manger forming the industry's most comprehensive carrier grade IP network resource management solution.
The addition of the Alcatel 7750 SR strengthens Alcatel’s leading portfolio of carrier-class network infrastructure solutions. Service providers now have access to the industry’s most comprehensive and reliable family of carrier-class products, ensuring unmatched flexibility for migrating their offerings toward new, higher-margin IP and IP/MPLS based services.
Through this acquisition, TiMetra is joining Alcatel USA.
IP/MPLS: IP (Internet Protocol) is the most important of the protocols on which the Internet is based. MPLS (MultiProtocol Label Switching) is a widely supported method of enhancing IP-based data communications networks. MPLS was introduced to help improve the capabilities and predictability of IP networks to support Internet services of a more mission-critical nature, such as would be needed for the safe transport of data from a financial institute, on-line delivery of movies, or remote medical diagnostics or procedures.
About Alcatel
Alcatel provides end-to-end communications solutions, enabling carriers, service providers and enterprises to deliver content to any type of user, anywhere in the world. Leveraging its long-term leadership in telecommunications network equipment as well as its expertise in applications and network services, Alcatel enables its customers to focus on optimizing their service offerings and revenue streams. With sales of EURO 16.5 billion in 2002, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: http://www.alcatel.com
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