Fiber Optics News

REDBACK PICKS UP SONET MANUFACTURER.(Redback Networks acquires Siara Systems)(Company Business and Marketing)

Redback Networks Inc. [RBAK] of Sunnyvale, Calif., is on its way to becoming an unstoppable force in metropolitan area networks. The company is acquiring Siara Systems of Mountain View, Calif., for $4.3 billion in stock.

Siara is developing third-generation sonet technology for metropolitan area networks. When combined with Redback's own broadband technology, the sonet technology could make Redback a powerful player in networking.

"There were two or three things that attracted us to Siara," says Mark Weiner, Redback director of marketing. "We took a look at the opportunity for the new access network. This covers everything from what we do in the access area, to metro networks to regional networks. …

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