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PRESS RELEASE Ericsson to Acquire Redback Networks   (Site not responding. Last check: 2007-10-30) Holders of approximately 22 percent of the outstanding shares of Redback have agreed to tender their shares in the offer and to vote their shares in favor of the merger agreement and against any other transaction, subject to the provisions of the agreement. Shareholders of Redback will be able to obtain a free copy of these documents (when they become available) at http://www.ericsson.com/ and the website maintained by the Securities and Exchange Commission at http://www.sec.gov/. Redback and Ericsson are under no obligation to (and expressly disclaim any such obligation to) update or alter their forward-looking statements whether as a result of new information, future events or otherwise. www.marketwire.com /mw/release_html_b1?release_id=196893   (1162 words)

Redback Networks - Wikipedia, the free encyclopedia Redback Networks, Inc. (NASDAQ:RBAK) is a telecommunications equipment company. Redback's major products include SMS (Subscribers Management System), SmartEdge Service Gateway, SmartEdge Router, NetOp Policy Manager, and NetOp Element Manager. NetOp family of network and service management software for advanced per-subscriber and per-session policy management, including NetOp Element Server and NetOp Policy Manager. en.wikipedia.org /wiki/Redback_Networks   (179 words)

ISP-Planet - Equipment - Smarter IP Solutions With Redback Network's SmartEdge 800 Redback Networks, Inc. originally introduced its SmartEdge 800 router during the summer of 2001, venturing into space dominated by Cisco Systems and Juniper Networks. Redback comes in third, but the company increased market share to 8 percent in the first quarter of 2002, up from 6 percent at the end of 2001. In order to generate revenue from IP services, data networks need to be as reliable as a Public Switched Telephone Network (PSTN), while at the same time be engineered for easy management user-to-network functionality. www.isp-planet.com /equipment/2002/redback_smartedge800.html   (991 words)

Business Wire: Belgium's PTT Selects Redback Networks' SMS 10000 in Mass Deployment of Broadband Services Redback Networks Inc. (Nasdaq:RBAK), a leading provider of next-generation metro broadband and optical networking equipment, today announced that Belgacom is the latest European PTT to deploy the Redback's SMS(TM) platform, subscriber management system, in its broadband network. With both residential and business users on the same DSL network, Redback's unique multiple contexts feature allows Belgacom to recognize which user type is which and to implement the appropriate policies and service level agreements per user, per session. Marco Wanders, Redback Network's vice-president of operations for Europe, Middle East and Africa, added: "Being able to `groom' many tens of thousands of subscribers efficiently and to recognize and administer customer profiles and policies is fundamental to the success of mass broadband deployment. www.findarticles.com /p/articles/mi_m0EIN/is_2001_Oct_1/ai_78781480   (364 words)

GigaOM » Ericsson buys Redback, Good Move? Networking industry insiders must be feeling left out of this so-called technology resurgence. Granted, I had thought RedBack was going under or away but they appear to be hanging in there. Not exactly a household name, Redback’s technology is seen as key to supporting the growth of Internet video, AP says. gigaom.com /2006/12/19/ericsson-buys-redback-good-move   (810 words)

Micromuse : News - PRESS "Redback Networks is a leader in networking solutions for metro broadband access and optical transport and we are delighted to be working with them to help our common service provider customers enhance service levels and streamline network operations," said Andy Aiello, Micromuse's Senior Vice President of Business Development. Redback Networks Inc. enables carriers and service providers to build profitable next-generation metro broadband and optical networks. Redback is a U.S. Registered Trademark; SMS, SmartEdge, NetOp and Network Services Contractor are trademarks of Redback Networks Inc.. www.micromuse.com /news/press/pressview.cgi?&article=redbackpr12-Jun-2001   (737 words)

.: Goldfield Telecom :. ...Providing Carrier Class IP Solutions Redback Networks' two purpose-built product families, the SMS™ family and the SmartEdge® family are managed through the NetOp™ element and policy management platform. Redback Networks' SmartEdge family of products brings the power of Consumer IP to the next level. Redback Networks' SMS family of products is purpose built to support the aggregation of broadband users. www.goldtelecom.com /redback.htm   (634 words)

SignOnSanDiego.com > News > Business -- Ericsson's $2.1B acquisition of Redback Networks reflects growing demand ... Network equipment makers are locked in a tooth-and-nail fight to provide the gear that enables service providers to offer greater bandwidth on their networks and faster and cheaper downloads of data, voice and video products. Redback Chief Executive Kevin DeNuccio said both companies stand to profit from the demand for video that's driving service providers to boost the bandwidth on their networks. Redback, once a high-flying stock that traded near $200 during the dot-com boom, was ravaged by the pullback in telecom spending after the bubble burst and filed for bankruptcy protection in 2003, when its stock was trading below $1 per share. www.signonsandiego.com /news/business/20061220-1406-redback-ericsson-acquisition.html   (784 words)

Ericsson to buy Redback Networks for $2.1 billion - Boston.com Redback was founded in 1996 and was a high-flying stock in the late 1990s, during the dot-com and telecommunications investment bubbles. It is a competitor to Juniper Networks Inc. and to far larger rival Cisco Systems Inc. Ericsson will pay $25 in cash per Redback share, representing an 18 percent premium to Redback's closing stock price of $21.17 on Nasdaq on Tuesday. Ericsson and Redback said they believe there is an opportunity to upgrade more than 2 billion wired and wireless users globally over the next 10 years to IP-based broadband networks and infrastructures. www.boston.com /business/articles/2006/12/20/ericsson_to_buy_redback_networks_for_21_billion   (457 words)

Ericsson paying steep price for Redback: analysts - Boston.com Ericsson AB's $2.1 billion acquisition of data network equipment vendor Redback Networks is a costly one but analysts said on Wednesday it was strategically sound and should bolster the Swedish player's product offering. Redback, founded in 1996, was a high-flying stock in the late 1990s technology bubble. Ericsson and Redback said they saw an opportunity to upgrade some 2 billion wired and wireless users globally over the next 10 years to IP-based broadband networks and infrastructures. www.boston.com /business/articles/2006/12/20/ericsson_paying_steep_price_for_redback_analysts   (676 words)

"For sale" sign hanging at Redback? | CNET News.com Broadband equipment maker Redback Networks is the subject of acquisition rumors, fueled by a battered stock and concerns about its future as an independent company amid an industrywide slowdown. Redback is part of a network equipment initial public offering Class of 1999 that included other former high-fliers such as Juniper, Extreme Networks, Foundry Networks, Copper Mountain Networks and Sycamore Networks, among others. Acquisitions in the networking industry are usually commonplace, but they have slowed in recent months as companies have been more concerned with shoring up their internal businesses. netscape.com.com /2100-1033-253356.html   (1005 words)

Interview with Dennis Brasema, Redback Networks.: TWST So I think that's one of the reasons why Redback has been so closely followed and watched by the investment community and it's very clear that broadband, be it DSL or cable or wireless, whatever the medium maybe, is the wave of the future. Redback is helping to build the infrastructure of the networks to support broadband access to the Internet. Redback feels we have the early mover advantage in that space and we look to be the dominant player in the access space specifically the new access networks. www.twst.com /notes/articles/jaw618.html   (1274 words)

TheStreet.com: Redback Networks Climbs 12% After Morgan Stanley Note Redback Networks (RBAK:Nasdaq) looks poised for a big recovery, according to Morgan Stanley Dean Witter analyst Christopher Stix, and the stock was jumping on the news. Redback surged 12% to $16.10 and was among the most actively traded stocks on the Nasdaq Composite. Redback's stock is at a mere fraction of its 52-week-high of $181. www.thestreet.com /pf/markets/upgrades/1448214.html   (503 words)

Redback Networks Announces Technology-Sharing Agreement in Asia - Technology - RedOrbit Redback Networks Inc. (Nasdaq:RBAK), a leading provider of multi-service edge routers for next generation IP networks, today announced a joint development agreement with the Electronics and Telecommunications Research Institute (ETRI), a research agency funded by government and private companies in Korea to advance information and communication technologies. "Redback has a solid history of collaboration and service innovation with Korean carriers, such as Korea Telecom (KT), and our equipment has been a critical component of the deployment of nationwide multi-service broadband networks," said Simon Williams, vice president of sales and operations for the Asia Pacific region at Redback Networks. Redback plans to incorporate technology from ETRI to help accelerate deployment of integrated wired and wireless broadband infrastructures as well as advanced voice and video services. www.redorbit.com /news/technology/745999/redback_networks_announces_technologysharing_agreement_in_asia/index.html?source=r_technology   (668 words)

Ericsson to acquire Redback Networks - U.S. Business - MSNBC.com Redback makes so-called "edge" routers, which are used to connect computers to the Internet and are increasingly being used to simultaneously handle the data, voice, and video downloads demanded by consumers. Redback Chief Executive Officer Kevin DeNuccio said the deal will allow both companies to capitalize on the need of Internet providers and telecom companies to upgrade their networks to handle the massive bandwidth requirements of those services. Redback's management team will stay in place, and the company will operate as a wholly owned subsidiary of Ericsson. www.msnbc.msn.com /id/16294157   (385 words)

Redback To Buy Siara Inc. / $4.7 billion for firm with no revenues, customers, products Redback Networks Inc., a Sunnyvale networking-equipment-maker that went public just six months ago, agreed yesterday to buy Siara Systems Inc. -- a Mountain View company with no revenues, customers or products to sell -- for $4.7 billion in stock. Redback was mainly after Siara's 170 engineers, who are developing hardware and software to run high-speed Internet service over fiber-optic lines. Redback Chief Financial Officer Craig Gentner is confident Siara's engineers have the technology to expand Redback's overall share of a projected $20-plus billion market for high-speed cable, fiber-optic and wireless Internet communications by 2001. www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/1999/11/30/BU40122.DTL   (732 words)

Redback Networks files bankruptcy / Restructuring plan to go to Delaware court after shareholder vote fizzles Redback Networks filed for Chapter 11 bankruptcy protection Monday after the company failed to muster enough shareholder votes to restructure itself outside of court. Redback's fortunes sank when the telecommunications firms that bought its equipment slashed spending in 2001 and 2002. In addition to the reverse stock split, Redback wanted holders of its $467 million in convertible bonds to tender their notes -- in essence, forgiving the company's debt -- in exchange for 95 percent of the firm's equity. www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2003/11/04/BUGT42PERL1.DTL&type=tech   (535 words)

Shenick Proves the Quality of Redback Networks Products in Triple Play Subscriber Rollouts For further information please visit http://www.shenick.com or contact Robert Winters directly: About Redback Networks: Redback Networks Inc., a leading provider of next-generation broadband networking equipment, enables carriers and service providers to build Smart Broadband Networks that can deliver simplified, personalized and portable subscriber services to consumers and businesses. REDBACK and SmartEdge are trademarks registered at the U.S. Patent and Trademark Office and in other countries. NetOp is a trademark of Redback Networks Inc. All other products or services mentioned are the trademark, service marks, registered trademarks or registered service marks of their respective owners. www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-28-2005/0004199142&EDATE=   (683 words)

D.W. Morgan And Redback Networks Selected By Aberdeen Group As Redback Networks, a mid-size networking equipment manufacturer, was one of only two winners in the international logistics outsourcing category. This initiative was a part of Redback Networks’ corporate strategy to strengthen core competencies such as product design, branding, selling and customer satisfaction, and outsource other functions to external experts. “Redback Networks decision to focus on core competencies and outsource logistics is a move many smart companies are making. www.logisticsonline.com /content/news/article.asp?docid={F1105489-E129-4BF9-9D20-5E4115223968}&VNETCOOKIE=NO   (1147 words)

Interview with Dennis Barsema, Redback Networks, Inc.: TWST Redback feels we have the early mover advantage in that space and we look to be the dominant player in the access space specifically the new access networks.We now have 550, of which over 330 of them are software or hardware developers, we have a very robust engineering organization. So Redback which provides the best- in-class equipment for the high speed broadband network, has a great opportunity to go into the service providers and for them to evaluate our equipment and buy based up the merits of our technology. So relationships with, for example, Juniper Networks, we work very closely with them on a number of deals worldwide where the two of us are being used by the customer to build their broadband network. www.twst.com /notes/articles/kad297.html   (1455 words)

Financials.com - Annual Reports, Stock Quotes and more SAN JOSE, Calif.--Redback Networks Inc. (Nasdaq:RBAK), a leading provider of next-generation broadband networking systems, today announced the appointment of John Spiliotis to the position of vice president of sales and operations for the Americas. SMS and NetOp are trademarks of Redback Networks Inc. All other products or services mentioned are the trademark, service marks, registered trademarks or registered service marks of their respective owners. These risks and other risks relating to Redback Network's business are set forth in the documents filed by Redback Networks with the Securities and Exchange Commission (SEC), specifically the most recent report on Form 10-K, Form 10-Q, Form 8-K, and amendments thereto, and the other reports filed from time to time with the SEC. www.financials.com /c/info/story.cfm?storynum=1477322   (610 words)

Nokia takes stake in Redback Networks - ZDNet UK News   (Site not responding. Last check: 2007-10-30) Redback's stock rose 38 cents, or 16 percent, to $2.65 on Wednesday after the deal was announced. The global aspect of the partnership is important in helping Redback compete with rivals such as Cisco Systems and the newly fortified Juniper Networks. Juniper's recent acquisition of Unisphere Networks was seen as a negative for Redback, according to Church, who said that Unisphere had been a tough competitor in Asia and that it recently won some Redback customers such as Bell Canada. news.zdnet.co.uk /business/0,39020645,2110701,00.htm   (632 words)

Redback files for bankruptcy | CNET News.com Profit has eluded Redback throughout its nearly eight-year history of selling telephone network equipment to service providers, but it now expects to be in the fl at the end of 2004 or early 2005, DeNuccio said. Redback's equipment is designed to serve as a network's traffic cop and ensure that telephone calls, Web sessions and other bits of data reach the appropriate places. Redback has cleared a vital bankruptcy hurdle--the plan has already been approved by Redback's creditors--just as its next-generation product lines are hitting the market. news.com.com /2100-1033-5101368.html   (861 words)

TheStreet.com: Stock in the Spotlight: Redback Networks Networking outfit Redback Networks(RBAK:Nasdaq) was in the kennel Monday, but a battle between analysts over the stock's future shows it may well have some bark. The Sunnyvale, Calif., company provides advanced networking systems, and early on it scored big -- snaring more than a 50% market share in 1999 among companies that produce advanced networking systems that integrate user platforms and allow for management of large quantities of users. Below are the 10 funds with the highest percentage of Redback in their portfolios. www.thestreet.com /pf/funds/investing/1182455.html   (562 words)

Welcome to Dynavar Redback Networks Inc. (NASDAQ: RBAK), a leading provider of next-generation broadband networking systems, today announced that it has signed a reseller agreement with systems integrator Dynavar Networking, of Bellevue, Washington. Redback Networks Inc., a leading provider of next-generation broadband networking equipment, enables carriers and service providers to build Smart Broadband Networks that can deliver simplified, personalized and portable subscriber services to consumers and businesses. Dynavar Networking is a Systems Integrator delivering multi-vendor, customer-driven voice switching, video and data solutions across the Americas and around the world. www.dynavar.com /index.cfm?fuseaction=article&articleid=48   (451 words)

Redback Networks, Inc. Securities Purchasers Represented by Schatz & Nobel, P.C. in Class Action Lawsuit The Complaint alleges that certain of Redback's officers and directors issued materially false and misleading statements concerning Redback's financial condition. On October 10, 2003, Redback filed a form S-4 with the SEC that stated the SEC was investigating various transactions involving Qwest, including transactions between Redback and Qwest. If you purchased or otherwise acquired Redback from April 12, 2000 through October 10, 2003 inclusive, and wish to act as a lead plaintiff, you may move the Court to act in that capacity not later than February 23, 2004. www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-27-2004/0002097428&EDATE=   (302 words)

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