Wednesday, April 25, 2007

TI Names President of Asia Operations

Larry Tan has been named President of Texas Instruments' operations in Asia. He assumes the top management position in Asia in addition to his current responsibilities for sales and marketing in the region. In this role, Tan will oversee three manufacturing facilities, one R&D center, two wireless support centers, six field applications engineering centers, and 19 sales and marketing officeshttp://www.ti....

NYT: Vudu Casts Its Spell on Hollywood

The New York Times profiled Vudu, a Silicon Valley start-up preparing to launch a VOD set-box player this summer with the support of major Hollywood studios. According to the article, Vudu will leverage peer-to-peer technology to speed downloads. Anticipating the owner's likely content choices, Vudu will also pre-cache the openings to many movies in order to enable instant play. Vudu's content library is said to exceed 5,000 titles. The company is still in stealth-mode and has yet to announce its product. http://www.nytimes.com/2007/04/29/b...

Concurrent Launches MediaHawk Back Office Software for VOD

Concurrent introduced its next-generation Business Management System -- the "MediaHawk" On-Demand Back Office Software Suite (MHBOSS) for VOD. MHBOSS is built on Oracle's 10g database and Real Application Clusters (RAC) and is designed for on-demand applications such as time-shifted TV and nDVR. As more subscribers are added and on-demand utilization rises, the capacity of MHBOSS can be increased by adding additional computing and storage modules. The system supports automatic data replication and load balancing capabilities. Content libraries...

Spirent Announces Restructuring

Spirent Communications announced a restructuring that will see the company focus on its Performance Analysis business. The company said its restructuring will eliminate duplicated activities and processes, consolidate manufacturing and reduce general overheads. In addition, corporate overheads will be reduced significantly, with a number of activities being integrated into business units.The total annualized cost reductions resulting from the restructuring are £21.5 million (US$43.0 million) representing an approximate 12 percent reduction in...

Telefónica Leads Investors to Gain Control of Telecom Italia

Telefónica will lead a consortium of investors to acquire Pirelli's stakes in Olimpia, which is the principal shareholder in Telecom Italia.The new consortium, in which Telefónica holds 42.3% of the shares, will account for 23.6% of Telecom Italia's capital, thus becoming the largest shareholder of the Italian operator. The other members of the consortium include Generali (28.1%), Mediobanca (10.7%), Intensa SanPaolo (10.7%), and Benetton (8.2%).Telefónica...

Nokia Siemens Networks Selected for IPTV in Poland

Dialog telecom, one of the largest independent fixed-line telephony operators in Poland, has chosen Nokia Siemens Networks to deliver and integrate an IPTV-platform into Dialog's network for interactive television and video-on-demand services. Nokia Siemens Networks will also supply the set-top boxes for the consumer homes to allow the new multimedia services to be used. The test installation will be rolled out this June and the commercial roll...

Ericsson Sees Sales Grow 8% YoY in Q1 2007

Ericsson reported Q1 net sales of SEK 42.2 (39.1) b., up 8% year-over-year, excluding divested operations. Earnings per share rose to SEK 0.37 (0.29), up 28% year-over-year."We have concluded another quarter with solid performance and market share gains in a stable growth environment," said Carl-Henric Svanberg, President and CEO of Ericsson. "Sales growth in the quarter was primarily driven by Western Europe, and large turnkey projects in Central and Eastern Europe, Middle East, Africa and Asia Pacific. Our capability in managing such projects...

Comcast Cites Strong Growth for Triple Play Bundles

Comcast's cable revenue increased 12% to $7.0 billion for the first quarter of 2007 reflecting increasing consumer demand for its Comcast Triple Play package. Revenue generating unit (RGU) additions increased 63% to a record 1.8 million in the first quarter of 2007 compared to 1.1 million additions in the same quarter of 2006. Comcast ended the first quarter of 2007 with 52.6 million RGUs.Some highlights for the quarter:Added 644,000 new digital cable subscribers in the first quarter of 2007 - highest level of quarterly additions in Company history...

Ellacoya Raises $13 Million for Deep Packet Inspection

Ellacoya Networks secured $13 million in new funding for its carrier-class broadband service optimization solutions based on deep packet inspection (DPI) technology.Ellacoya's e30 platform and new e100 platform (a custom-designed 20 Gbps wire-speed DPI network hardware element) enable service providers to effectively identify and manage network traffic dynamically by subscriber, service type, time-of-day, etc. Ellacoya's platforms provide granular reports on network usage; manage traffic dynamically with precision; ensure VoIP quality; identity...

Joost Signs Thirty-two Blue-chip Advertisers

Joost has signed 32 leading companies as advertisers for its forthcoming, broadcast-quality, Internet television service. These advertising partners include The Coca-Cola Company, HP, Intel, Nike, Electronic Arts, Esurance, Garnier Fructis, Kraft, Lionsgate, Microsoft Corp., Motorola Inc., Nestlé Purina PetCare, Procter & Gamble, Procter & Gamble (Hugo Boss Fragrances), Sony Electronics, Taco Bell Corp., United Airlines, US Army, Visa, and...

Level 3 Posts Communications Revenue of $1.037 Billion

Level 3's communications revenue for Q1 2007 increased 25 percent to $1.037 billion, versus $830 million for the previous quarter. Communications revenue increased primarily as a result of the inclusion of the results of the Broadwing acquisition and growth in Core Services revenue, offset by declines in other communications services revenues and SBC Contract Services revenue. The company recognized less than $1 million in termination revenue in its Core Communications Services revenue during the first quarter 2007, compared to $8 million in termination...

EarthLink Sees Continued Decline in Consumer Subscribers

During the first quarter of 2007, EarthLink's overall subscribers declined by 42,000 net subscribers compared to the fourth quarter of 2006 primarily due to a decline in consumer access subscribers. This decline in consumer access subscribers was related to a decline in premium narrowband subscribers, partially offset by growth in value, broadband and voice subscribers.For the quarter, EarthLink's consolidated revenues increased to $324.4 million, or 4.7 percent, compared to the first quarter of 2006. This increase was driven primarily by growth...

Ikanos Posts Q1 Revenue of $24.7 Million

Ikanos Communications reported Q1 revenue of $24.7 million compared with revenue of $21.0 million for the fourth quarter of 2006 and revenue of $35.8 million for the first quarter of 2006. GAAP net loss for the first quarter of 2007 was $9.1 million, or $0.32 per diluted share, on 28.0 million weighted average shares. This compares with a net loss of $15.6 million, or $0.56 per diluted share, on 27.6 million weighted average shares in the fourth quarter of fiscal 2006 and with a net loss of $1.4 million, or $0.06 per diluted share, on 24.5 million...

NETGEAR Reports Revenue of $173.6 million, 36% year-over-year Growth

NETGEAR reported net revenue for the first quarter ended April 1, 2007 of $173.6 million, a 36% increase as compared to $127.3 million for the first quarter ended April 2, 2006, and an increase of 6% as compared to $164.0 million in the fourth quarter of 2006. Net income (GAAP) for the first quarter of 2007 was $14.0 million, or $0.40 per diluted share. This net income was an increase of 41% compared to net income of $9.9 million for the first quarter of 2006 and an increase of 4% compared to net income of $13.4 million in the fourth quarter of...

Broadcom Reports Q1 Revenue of $901.5 million

Broadcom Q1 net revenue of $901.5 million, a decrease of 2.4% from the $923.5 million reported for the fourth quarter of 2006 and an increase of 0.1% from the $900.6 million reported for the first quarter of 2006. Net income (GAAP) was $61.0 million, or $.10 per share (diluted), compared with GAAP net income of $45.1 million, or $.08 per share (diluted), for the fourth quarter of 2006, and GAAP net income of $117.7 million, or $.20 per share (diluted), for the first quarter of 2006."Broadcom's first quarter results came in better than we anticipated...

Sun Unveils its Massively-Scalable Video Streaming Server

Sun Microsystems unveiled its massively-scalable server for delivering personalized video-over-IP services to mass audiences at a cost of approximately $50 per stream. Sun expects the scalability of its Streaming System to reshape the economics of personalized video services over IP. Key capabilities include:Up to 160,000 simultaneous 2Mbps streams per switchUp to 640Gbps of total streaming capacityUp to 768 TB of 300,000+ hours of storageOpen...