Tuesday, May 1, 2007

Acme Packet Posts Revenues of $25 Million, up 33% YoY

Acme Packet reported quarterly revenues of $25.1 million, an increase of 33% compared to total revenues of $18.9 million for the same period last year. Net income for the three month period ended March 31, 2007 was $4.3 million, or $0.06 per share on a diluted basis. The company reaffirmed its previously issued expectation for total revenues in 2007 to range between $108.0 million and $112.0 million with sequential growth in each quarter of the year. The Company expects GAAP net income to range between $14.5 million and $15.5 million, or between...

Ixia Enables High Density Gigabit Ethernet Testing

Ixia announced a new XMV16 LAN Services Module featuring 16 test ports capable of wire-speed Layer 2-3 traffic generation and analysis, high performance routing/bridging protocol emulation, and Layer 4-7 application traffic generation and subscriber emulation.Leveraging Ixia's premier IP test applications, IxLoad and IxNetwork, the new XMV16 LAN Services Module provides the ability to test router and switch performance (layer 2-3) and triple play subscriber experience (layer 4-7). It supports auto-negotiable 10/100/1000 Mbps Ethernet over copper...

Dolan Family to Take Cablevision Private

Cablevision Systems (NYSE: CVC), which serves 3.1 million households in the New York metropolitan area, will become a privately-held company through a deal in which members of the Dolan Family Group will acquire all outstanding shares of Cablevision that they don't already own for $36.26 per share in cash. The transaction implies a total enterprise value of approximately $22 billion.Cablevision's Board of Directors, including independent directors, have voted to approve the transaction.The price of $36.26 per share represents a 34% premium to the...

N.E.T. Enhances its NX5010 Multi-Service Platform

Network Equipment Technologies released netOS version 1.2 for its NX5010 multi-service aggregation and switching platform.The NX5010's netOS version 1.2 enables high-speed SONET transfer, extends the product's Infiniband-over-WAN capabilities, and delivers synchronized encryption to enable real-time communications. The company said its platform is capable of being deployed in a wide array of scenarios from high-speed video transfer, data encryption, enterprise storage, and disaster recovery applications. The NX5010 is a key infrastructure element...

Cavium Networks Rises 22% in IPO

Cavium Networks, which offers processors for networking, communications and security applications, completed an initial public offering of 6,750,000 shares of its common stock. The offering was priced at $13.50 per share. Cavium Networks' common stock is listed on the NASDAQ Global Market under the symbol "CAVM." Trading closed on Wednesday, May 2, 2007 at $16.45 -- up 22% for the first day. Morgan Stanley & Co. Incorporated and Lehman Brothers...

Skype to Sell Co-Branded VoSKY Exchange PBX-to-Skype Gateway

Skype and VoSKY Technologies introduced co-branded versions of VoSKY Exchange, a rack mountable PBX-to-Skype gateway that enables business users to make and receive Internet-based Skype calls over standard office phones. Two models will be available.Both models of Skype VoSKY Exchange add four Skype lines to the office PBX without requiring changes to the existing PBX or desk phone infrastructure. Multiple Exchange boxes can be set up in different company offices anywhere in the world for free calling between sites. Calls to other Skype users are...

Level 3 to Provide Two 10 GigE Ports for Second Life

Level 3 Communications will provide High Speed Internet Access and Wavelengths via two 10 GigE ports to connecting Second Life's data centers in San Francisco and Dallas."During the past 15 months, Second Life's population has expanded from 100,000 to more than five million registered users worldwide," said Joe Miller, vice president, Platform and Technology Development for Linden Lab, the creator of Second Life.\http://www.level3.c...

AudioCodes Broadens Session Border Controller (SBC) Portfolio

AudioCodes broadened its Session Border Controller (SBC) product portfolio with two new platforms: the nCite 1000, which is targeted towards smaller VoIP service providers that require a platform which supports up to 4000 concurrent sessions; and the nCite 4000, which is targeted towards larger carriers that require a scalable platform well beyond 20,000 concurrent calls.The nCite 1000 product is targeted for markets where service providers are looking for an SBC that scales from 100 concurrent sessions to 4000 concurrent sessions. This Session...

Itiva Networks Raises $7 Million for Video Content Delivery

Itiva Networks, a start-up based in Palo Alto, California, raised $7 million in private funding for its video content delivery solution The company has developed a patent-pending technology that resolves the issues of core network saturation by making clever use of servers, proxies and peers to reliably sustain a cost-effective, high quality rich media experience. Itiva technology user a viewer plug-in. Content files are broken down into smaller encrypted pieces which are re-assembled by this plug-in.http://www.itiva....

CBS News Partners With Brightcove for Video Syndication

CBS News will use the Brightcove service to syndicate ad-supported video from CBS News across the Internet. CBS said the partnership will expand non-linear distribution of its content, which is also available on AOL News, Comcast and YouTube, to thousands of small and medium-sized websites and blogs.http://studio.brightcove.com http://www.cbsnews....

ANDA Networks Supports PBT-Based Ethernet over Fiber

ANDA Networks announced its new EtherReach 1000 series of Intelligent Ethernet-over-fiber Network Terminating Equipment (NTE), complementing its existing EtherEdge 4000 Ethernet aggregation and EtherReach 2000 Ethernet over copper products.Significantly, ANDA is adding support for the new Provider Backbone Transport (PBT- PBB-TE) proposed standard, as well as traditional Q-in-Q and MPLS deployment options.The EtherReach 1000 series is a family of fixed Ethernet access and demarcation products sharing a common software and hardware architecture...

ARRIS Demonstrates Wideband DOCSIS for China

ARRIS announced the availability of its next generation wideband data and video delivery system at a conference in Beijing. The solution is designed to assist Chinese cable operators to deliver digital video IP VOD and Ultra High Speed Data service. The ARRIS D5 Universal Edge QAM is used in combination with the C4 CMTS and Touchstone Wideband modems to deliver broadcast video, on-demand video and video over DOCSIS as well as bi-directional wideband data at over 120 Mbps.ARRIS said it is working closely with national cable operator China Cable...

JDSU Posts Quarterly Revenue of $361.7 million, Positive Free Cash Flow

JDSU reported net revenue of $361.7 million and a net loss was $(14.2) million, or $(0.07) per share, for its third fiscal quarter. This compares to net revenue of $366.3 million and net income of $23.2 million, or $0.10 per diluted share, reported for the second quarter of fiscal 2007, which included a $28 million gain on sale of investments. Net revenue for the third quarter of fiscal 2006 was $314.9 million with net income of $3.7 million, or $0.02 per diluted share.The company trimmed guidance for the current quarter, saying it expects non-GAAP...

Sun Boots Solaris on 16-Core "ROCK" Microprocessor

Sun Microsystems successfully booted its Solaris 10 OS on its high-end hexadeca-core (16-core) "ROCK" SPARC processor for the first time. "Booting Solaris for the first time is a critical accomplishment in the development of our high-end, chip multithreading (CMT) technology," said David Yen, executive vice president for Sun Microelectronics. "This keeps us on track to ship our first systems based on ROCK in the second half of 2008. These systems will bring unprecedented throughput to high-end enterprise applications -- like ERP, CRM and large...

Time Warner Telecom Posts Q1 Revenue of $261 Million

Time Warner Telecom posted Q1 revenue of $261.4 million, $76.3 million in Modified EBITDA and a net loss of $13.8 million. Some highlights:total revenue grew 40% year over year and 9% sequentially -- including core growth of 9% year over year and 1% sequentiallyenterprise revenue grew 57% year over year and 13% sequentially. Enterprise revenue represented 67% of total revenue for the quarter.data and Internet revenue 45% year over year and 11% sequentially.The company experienced a $1.1 million reduction in revenue from a wireless carrier...