The graphics leader will use the acquisition to move into the market for integrated chips for set-top boxes and other devices. Graphics heavyweight ATI Technologiestoday acquired Chromatic, a once promisingmedia processor venture that recently had to lay off a big chunk of itsworkforce, for $67 million and will use the new company to moveinto the market for integrated chips for set-top boxes and otherintelligent devices. The acquisition and ATI's product plans seems to symbolize everything thatis going on in the turbulent graphics chip market.
Like the executives from NortelNetworks who followed McGinn to the podium later in the day, Lucent is finding that the growth of data traffic is far out-distancing that of traditional voice usage, forcing their hand to become data supporters or perish, Lucent and the likes of Nortel have traditionally been focused on voice-based communications equipment that uses circuits, But with technology advances and growing use of the Net, voice olixar farley rfid blocking iphone xs max executive wallet case reviews is thought to be "just another packet" of data, able to be carried over a common corporate network or sprawling carrier layout using IP..
"The world is quickly moving to packet networks, but for years to come these networks will have to coexist," McGinn told his audience. "Revolution is all about a multiplicity of networks. The road to this network of networks will be straight for some and circuitous for others.". McGinn said Lucent's data business now totals about $1 billion, a small fraction of the firm's more than $25 billion in total revenues for its most recent fiscal year. While some view the networking industry as a market undergoing a period of maturation, some, like McGinn and Cisco's John Chambers, continue to hail a coming revolution, marked by a more intelligent, more versatile set of technologies that include high-speed networking equipment, fiber-based bandwidth, and wireless options.
"This business age is being measured in hours, minutes, and seconds," McGinn noted, During a question-and-answer session after his address, McGinn said the company would continue to augment its own internally developed technology with acquisitions that make sense--a topic on the tips of many tongues now that regulatory shackles have been removed from the former equipment arm of AT&T, Lucent's chief said the company would continue down this path which has resulted in 10 acquisitions in 30 months, but he would olixar farley rfid blocking iphone xs max executive wallet case reviews not be more specific, "We have a business model and a business strategy, and part of that strategy is acquiring companies," he said..
Separately, Lucent launched a new set of software and hardware technologiescalled IP Exchange Systems at this fall's Networld+Interop industry trade show inAtlanta that integrates telephone systems with computers and networkingequipment. The new software is targeted at small and medium-sizedbusinesses that want to move voice, video, and data across a commonInternet Protocol (IP) network. Lucent is pushing the new equipment as an alternative to a telecom PBX orin conjunction with an installed PBX. The system includes call managersoftware for routing of calls, a tool to convert faxes and telephones intoIP clients on a network, and a IP gateway that connects the system to thetraditional phone network.
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