Avici Systems on Monday began shipping new high-speed networking equipment to a market dominated by Cisco Systems Inc. (csco) and Juniper Networks.
The technology speeds up Avici's high-end router, helping telecommunications carriers and Internet service providers build faster networks. Routers direct Net traffic over a network at high speeds. Avici's latest product is intended to compete against Cisco and Juniper, two stalwarts in the lucrative high-end router market.
Avici, a start-up that went public last summer, is fighting for a piece of a market that is expected to grow from $4.5 billion in 2001 to $12.7 billion 2003, according to market research company RHK. Cisco and Juniper dominate the market, with Cisco capturing 69 percent of sales and Juniper nabbing 30 percent during the 2000 third quarter, according to market research firm Dell'Oro Group.--Wylie Wong, Special to ZDNet