Lucent grabs lifeline
Big banks have thrown Lucent Technologies a financial lifeline, extending $US6.5 billion in credit to the struggling networking company, but they expect a quick turnaround in return for the loan.
Lucent received $4.5 billion of new 364-day credit facilities arranged by JP Morgan and Co and Salomon Smith Barney. Part of these new credit facilities replace a $2 billion credit facility that expired on February 22. Lucent also amended an existing $2 billion credit facility due in 2003.
The lenders tied financial performance to the loans. The company said it must post losses before interest, taxes, depreciation and amortisation of no more than $2.35 billion in the first six months of the year to remain in good standing with its lenders. In the 12 months following that, Lucent must post profits of at least $1.4 billion.
Flaw revealed in Cisco's IOS software versionsCisco Systems has warned customers of a flaw in its Internetwork Operating System (IOS) software that could compromise the integrity of TCP (Transmission Control Protocol) traffic sent to and from its routers and switches.
The vulnerability exists in all released versions of IOS and hence affects all Cisco routers and switches running the software, the company said.
The security flaw can allow the successful prediction of TCP Initial Sequence Numbers, Cisco said. Such numbers are supposed to be randomly generated by a sending machine and its receiving host as part of setting up a new IOS connection. Once the initial transmission is established, a sequence number is created based on the amount of data transmitted. Cisco said it is offering free software upgrades for affected customers.
IDS to offer LightPointe Gigabit-Plus wirelessIntegrity Data Systems has struck a distribution agreement with US-based manufacturer LightPointe which sees it add another wireless connectivity product line to its portfolio.
LightPointe wireless devices feature data, video and voice transmission at speeds of 20Mbps, 155Mbps, 622Mbps and 1.25Gbps, according to a statement released by Adelaide-based Integrity. The products are being positioned as a cheap alternative to fibre optic cable while still producing comparative speeds and feeds.
The distributor now offers wireless products from Lucent Technologies, Western Multiplex, SpectraLink, Trio Communications, Plessey Asia Pacific and its own Integrity Data Systems brand.
Integrity Data Systems: (08) 8431 4000