Tuesday, October 24, 2006

Cisco to Acquire Orative for Mobile Unified Communications

Cisco Systems agreed to acquire privately-held Orative Corp., a developer of mobile communications solutions, for $31 million in cash. Orative provides an application which will allow Cisco to extend its Unified Communications portfolio to mobile devices such as cell phones and smartphones. Orative was founded in 2002 and has 33 employees based in San Jose, California.Cisco said Orative's mobile software will extend the communications and collaboration capabilities of the Cisco Unified Communications system to business mobile phone users. With...

Metro Ethernet Forum Launches Service Provider Certification 14 Program

The Metro Ethernet Forum launched its MEF 14 Service Provider Certification Program as a means to help enterprises feel confident that their providers' Carrier Ethernet services can support mission critical and converged applications such as ERP, VoIP, videoconferencing and business continuity.MEF 14 (Abstract Test Suite for Traffic Management) ensures conformance to the MEF Quality of Service attributes, which provides a foundation for the implementation...

Equinix Posts Revenue of $73.7 million, up 26%

Equinix, a provider of network-neutral data centers and Internet exchange services, reported Q3 revenues of $73.7 million, a 27% increase over the same quarter last year and an 8% increase over the previous quarter. Recurring revenues, consisting primarily of colocation, interconnection and managed services, were $69.9 million, a 29% increase over the same quarter last year and a 7% increase over the previous quarter. Non-recurring revenues were $3.8 million in the quarter, consisting primarily of professional services and installation fees.Net...

Sourcefire Files for IPO -- Network Intrusion Prevention

Sourcefire, a developer of network intrusion prevention solutions, filed papers with the Securities and Exchange Commission for an initial public offering of common stock. Sourcefire was founded in 2001 by Martin Roesch, the creator of SNORT open source technology for intrusion detection and prevention. According the company's website, there have been over 3,000,000 downloads of Snort around the world to date.The company is based in Columbia, Maryland.http://www.sourcefire.comIn May, 2006 Sourcefire secured $20 million in Series D funding led by...

PCCW Selects ICTV for Interactive Services

PCCW, the incumbent operator in Hong Kong, has selected ICTV's ActiveVideo Distribution Network platform to enable interactive channels via television to subscribers of its "now" TV service. ICTV, a start-up based in Los Gatos, California, provides the ability to deliver Web programming as MPEG video to any digital set-top box. Live and VOD programming can be blended seamlessly with content that is created and modified using standard Web tools...

Lockheed Martin Selects AT&T

Lockheed Martin awarded a $37 million, two-year contract extension to AT&T for a full range of integrated voice, data and IP services. AT&T's services will include end-to-end network-management support and a single point of contact to streamline all service orders and installations. Lockheed Martin employs 140,000 people in more than 900 domestic locations and 56 countries.http://www.att....

Quorum Raises $15 Million for CMOS radio frequency (RF) transceivers

Quorum Systems, a start-up based in San Diego, raised $15 million in a Series C funding, for its ultra-low-power, high-performance CMOS radio frequency (RF) transceivers.The company recently moved into production volume of its first "Sereno" QS1000 quad-band GSM/GPRS/EDGE transceiver. The product family will include the QS1000, QS2000 and QS3000. The QS2000 integrates quad-band GSM/GPRS and EDGE capability with 802.11b/g, enabling simultaneous operation of Wi-Fi and cellular. The Sereno QS3000 combines GSM/GPRS/EDGE and 3G HSDPA into a single-chip,...

ARRIS Posts Q3 Revenue of $228.6 million, up 14% YoY

ARRIS reported preliminary Q3 revenue of $228.6 million, up 14% as compared to $201.0 million in the third quarter 2005 and up 4% as compared to $220.0 million in the second quarter 2006. Net income in the third quarter 2006 was $26.6 million, or $0.24 per diluted share, as compared to net income of $18.8 million, or $0.18 per diluted share, in the third quarter 2005 and as compared to net income of $24.8 million or $0.23 per diluted share in the second quarter 2006.ARRIS said demand for CMTS products continues to be driven by the Multi System...

LSI Logic to Acquire StoreAge Networking Technologies

LSI Logic Corporation agreed to acquire StoreAge Networking Technologies, a developer of SAN storage management and multi-tiered, data protection software, for $50 million in cash.StoreAge is based in Nesher, Israel with US offices in Irvine, California.LSI Logic said the acquisition would enable it to offer its OEM and channel customers a richer set of products and features for enterprise storage.http://www.lsilogic....

Conexant to Acquire Zarlink's Packet Switching Line

Conexant Systems agreed to acquire Zarlink Semiconductor's packet switching product line for US$5 million in cash and additional amounts based on revenue performance of the product line over the next two years.Based in Irvine, California, Zarlink's packet switching product line has developed a range of Fast Ethernet aggregation switches for network access equipment. Zarlink's engineering team has produced six generations of packet switches and management software.Conexant said the acquisition would complement its DSL central office silicon solutions,...

BT acquires Counterpane Internet Security

BT has acquired Counterpane Internet Security Inc., a provider of managed networked security services, as part of its strategy to expand and develop its global professional services capabilities. Financial terms were not disclosed. Counterpane, which is based in Mountain View, California, monitors some 550 networks worldwide, real-time view of, and response to, IT security threats. Andy Green, CEO BT Global Services, said: "Counterpane is a welcome...