NEW YORK (Reuters) -
Cisco Systems Inc (CSCO.O) on Monday
unveiled a new router that helps phone companies and large
businesses handle growing Internet traffic faster, and said it
won a deal to supply Japanese phone provider NTT Corp's
(9432.T) next-generation network.
The Cisco ASR (Aggregation Services Router) 1000 series is
an upgrade to the network equipment maker's Cisco 7200, 7300,
and 7500 edge routers already being used to direct Web traffic
at the end of the network, often in contact with customers.
Cisco said the new product has 160 times the performance
capability of the Cisco 7200 and comes with various appliances
such as switch and deep-packet inspection products already
embedded, saving customers space and costs.
NTT is set to use the ASR 1000 to build out its new
Web-based video, or IPTV (Internet protocol television)
service, Cisco said, adding that Wachovia Bank was also buying
the new product.
IDC analyst Eve Griliches said the announcement was likely
to be "the first of several announcements from Cisco in the
edge router space."
The company said it invested $250 million over more than
five years to develop the ASR 1000, which will be available in
April and cost $35,000 or more depending on configurations.
The announcement comes amid increasing competition in the
edge router market. Cisco is still the top player, but faces
competition from Juniper Networks Inc (JNPR.O), Alcatel-Lucent
(ALUA.PA), and China's Huawei Technologies Co Ltd (HWT.UL).
Cisco Chief Executive John Chambers said earlier this month
that orders from U.S. and European customers had slowed down,
but has said he expects the slowdown to be short-lived.
(Reporting by Ritsuko Ando, editing by Richard Chang)
0 comments:
Post a Comment