Wasn't 1394 out a bit earlier than USB? Specs were also way better, I seem to remember. Higher speed, peer to peer, DMA come to mind.
I think dumb licensing policy is mostly what eventually broke its neck. Also there were security concerns because of DMA attacks, but that could probably have been mitigated.
Yes. Firewire was released in 1995 and offered a 400mbps peer-to-peer port system. It was developed by Apple and others with roots back into the 80s.
USB1.0 - the original 1.5mbps spec - was released in 1996, with the more familiar USB1.1 being released in 1998.
It was kind of the Beta vs. VHS thing again - Firewire offered better speeds, but USB was more accessible because it's easy to implement as it's a single item on a port. Firewire was a lot more complex being more of a ring network where any device on the bus could talk to any other device on the bus.
Lucent was an early adopter of Firewire - I remember some of the "new" switching cards in the late 90s had a firewire port.
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