The total expected revenue to Orckit-Corrigent from the first phase of deployment through this OEM channel are approximately $4.million.
Orckit-Corrigent's solution will be deployed as part of a next generation triple play network based on GPON technologies.
The deal is not considered especially large for Orckit. Orckit's major deals have been for its CM-100 lien, but now it invests less R&D in that line, and concentrates on its CM-4140. Though the product is smaller, and provides smaller potential deals, the advantage is shorter sales cycles and more potential customers.
Orckit-Corrigent's develops carrier ethernet + transport switches and personalized video distribution systems, optimized for IPTV, enabling multiple HD streams per home over existing DSL infrastructure.
Orckit shares rose 2.6 percent toward the end of trading on the Tel Aviv Stock Exchange (TASE).
To see more of the Globes or to subscribe to the newspaper, go to http://www.globes-online.com. Copyright (c) 2009, Globes, Tel Aviv, Israel Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index