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Redback Networks, Inc., designs, develops, and markets advanced communications systems that solve the deployment dilemma associated with such high-speed access technologies as Digital Subscriber Line (DSL), cable modems, and wireless. Redback paves the way for carriers, Multiple Service Operators (MSOs), and Network Service Providers (NSPs) to rapidly and cost effectively deploy high speed Internet access by bridging the operational gap that exists today between facilities-based access equipment in the telco Central Office (CO) or cable head-end and service provider backbone routers. Redback markets its products to carriers who provide wholesale data services, and to MSOs and NSPs wanting to enhance their data services. Key customers include carriers such as SBC, GTE, Bell Atlantic, Bell Canada, and Ameritech. Redback also is a strategic supplier to such Tier 1 NSPs as UUNET, EarthLink, Concentric Networks, GTE Internetworking, Pacific Bell Internet, Verio, and others. Redback's Subscriber Management System (SMS) products are intelligent networking devices designed to speed the deployment of broadband services, to provide a scalable operational model for managing subscribers, and to enable the creation of new value-added service. The SMS is deployed by carriers at a Network Access Point (NAP), by MSOs at a cable head-end, or by service providers at a data center. The SMS accepts a high concentration of data traffic from multiple DSL Access Multiplexers (DSLAMs), Cable Modem Termination Systems (CMTSs), and wireless head-ends. It then performs all of the translations necessary to convert the traffic to IP, relieving backbone routers of heavy-duty frame translation that can limit scalability. Redback is privately owned and financed through venture capital funding. Investors include Accel Partners, Mayfield Fund, and Sequoia Capital. Lead underwriter is Morgan Stanley Dean Witter to be priced the week of May 17, 1999 at $12-14. redback.com | ||||||||||||||
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