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 $0.22 and $0.24 per share on a diluted basis.



"We are pleased to report that our new fiscal year is off to a strong start and our execution is continuing as planned," said Andy Ory, President and Chief Executive Officer of Acme Packet, Inc.

http://www.acmepacket.com/

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 as well as Gigabit Ethernet over fiber. A single Optixia XM12 chassis fully populated with XMV16 modules provides 192 Gigabit Ethernet test ports in 10 units of rack space. The XMV16 can generate over 240,000 HTTP connections per second (nearly 3,000,000 per chassis) with application layer throughput of 16 gigabits per second for a single load module (192 gigabits per second per chassis).



"There is a vital need for testing solutions to achieve higher performance, greater density and the ability to perform more sophisticated tests to keep up with increasingly advanced network elements and devices that are transporting video, voice and data," said Victor Alston, senior vice president, Product Development at Ixia. "The XMV16 LAN Services Module combined with Ixia's XM12 Chassis, IxLoad and IxNetwork keeps Ixia ahead of the curve and fills that vital need."http://www.ixiacom.com

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 Dolan Family Group's $27.00 per share offer on October 8, 2006, a 21% premium to its $30.00 per share offer on January 12, 2007, and more than a 50% premium to Cablevision's closing price of $23.93 on the last trading day prior to the October 8 offer.



In the transaction, the Dolan Family Group will contribute approximately $2.1 billion in equity to the transaction through reinvestment of its Cablevision shares in the new privately held company. Merrill Lynch & Co., Bear, Stearns & Co. Inc., and Bank of America have committed to provide approximately $15.5 billion in debt financing to fund the merger consideration and refinance certain bank indebtedness of Cablevision. The company's existing notes and debentures will remain outstanding.



Charles F. Dolan and James L. Dolan, speaking on behalf of the Dolan Family Group, said, "The Dolan family founded Cablevision nearly 35 years ago, and we are very proud of the company's track record of delivering quality service and innovative products to our customers. We believe the best way to continue this tradition in today's increasingly competitive environment is as a privately held company. This new structure and an entrepreneurial perspective will enable us to keep growing the business with our talented management team and dedicated employees."http://www.cablevision.com

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 that facilitates high-speed data links at 10GbE and OC192 data rates that seamlessly interconnects high-speed networks.



"For both government to commercial applications, customers commend its versatility, high performance, and rich feature set, and recognize the value the platform delivers," said C. Nicholas Keating, President and CEO. "We have delivered 20 units of the NX5010 and have an order for eight more. This new order from the Department of Defense (DoD) underscores the necessity for high performance multi-service aggregation platforms, which are capable of transmitting increasing data volumes under ever shrinking time constraints."http://www.net.com
  • The NX5010 was jointly developed by NET and Bay Microsystems. It is offers the ability to convert 10 Gbps to a wide area connection on a very small a foot print (2RU). It has been tested extensively by the U.S. Naval Research Laboratory (NRL). Following the trials, NRL awarded NET and Bay an initial order for multiple units, which are targeted for use within NRL's test bed for Advanced Network and Advanced Terabit Storage Area Networking trials.

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 Inc. acted as joint book-running managers for the offering, with Thomas Weisel Partners LLC, Needham & Company, LLC and JMP Securities LLC serving as co-managers.

Cavium Networks offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to 10 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband & consumer and access & service provider equipment.

http://www.caviumnetworks.com

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 also free, while calls to non-Skype users are typically charged at SkypeOut global rates.



The 9040 model offers trunk-side (FXO) connectivity to the PBX. The 9140 model connects on the extension-side (FXS) and adds the ability to transfer Skype calls between offices by extension without dialing the full office number.



The co-branded Skype VoSKY Exchange products are available in the UK and Rep. of Ireland.

http://www.vosky.com/skype

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.com/

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 Border Controller addresses both peering and hosted VoIP applications and services.



The nCite 4000 is a full-featured, IMS ready, scalable Session Border Controller, designed to meet carrier requirements for their growing inter- carrier peering and large hosted business and residential VoIP deployments. The nCite 4000 delivers an initial capacity of 21,000 simultaneous sessions and is scalable up to 84,000 simultaneous sessions while incurring less than 50 microseconds of media latency.



AudioCodes said the nCite 4000 is the same platform that wireless operators are using today as a security gateway for fixed mobile convergence deployments in North America, Europe and Asia. It will scale to meet the demands of customer networks ranging from the smaller, but rapidly growing VoIP service provider network build-outs, to supporting the larger, more established networks characteristic of incumbent telecom carriers.



Both platforms support advanced features, including Virtual SBC partitioning that lets service providers offer Carrier Peering, Hosted FW/NAT traversal and SIP/H.323 Interworking on the same platform. Additional features include support for ENUM, DNS, CDRs and Privacy Headers, TCP/UDP/IPSec and TLS support, and seamless transcoding.

http://www.audiocodes.com







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.com

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.com

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 to terminate Ethernet over fiber with a mix of different 10/100, 100FX and Gigabit Ethernet interface options. ANDA said EtherReach 1000 also supports extensive VLAN and OAM functionality to enable tiered service offerings for carriers. The series features multiple encapsulation methods, policing, port/VLAN mirroring, and new quality of service features for performance management from Iomtetrix Systems. EtherReach 1000 is sampling with key carrier accounts and will be generally available in June 2007.



In partnership with Iometrix Systems, ANDA's EtherReach 1000 will help further carriers OAM capabilities by supporting Iometrix's new Cnode software agent technology, which enables carriers to assess their Ethernet network's end-to-end performance for Service Level Agreements.
It supports and leverages the new Ethernet OAM management specifications (802.1ag/Y.1731 compliant) and other rich software features supporting both Q-in-Q and new proposed PBT (PBB-TE) p802.1ay standards for Ethernet service deployment architectures.
http://www.andanetworks.com


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 Network (CCN) in a SARFT-sponsored trial in Hainan province in one of the first such IP Video over broadband trials in China.

http://www.arrisi.com

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 net revenue for the fourth quarter of fiscal 2007, ending June 30, 2007, to be in the range of $325 to $345 million.



"In terms of revenue, JDSU's third quarter was stronger than expected, with a much smaller than anticipated seasonal decline, and year-over-year growth of 15%," said Kevin Kennedy, JDSU's Chief Executive Officer. "For the first time in more than five years, we achieved positive free cash flow, and we remain committed to focused execution of our profitability improvement programs."

Some highlights:

  • Communications Test and Measurement non-GAAP net revenue of $162.9 million was down 3% from last quarter, and up 28% from the same quarter a year ago. This segment represented 45% of total revenue.


  • Optical Communications non-GAAP net revenue of $128.7 million was down 3% from last quarter, and up 1% from the same quarter a year ago, representing 36% of total net revenue.


  • Advanced Optical Technologies non-GAAP net revenue of $45.6 million was up 13% from last quarter, and up 12% from the same quarter a year ago. This segment represented 12% of total net revenue.


  • Reported under the heading of 'All Other,' the Commercial Lasers business reported non-GAAP net revenue of $24.6 million, down 2% sequentially and up 19% from the same quarter a year ago, representing 7% of total net revenue.


  • Americas' customers represented 54% of net revenue. European and Asia- Pacific customers represented 27% and 19% of net revenue, respectively.
http://www.jdsu.com

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 databases -- and continue to keep Sun years ahead of the competition."



The ROCK processor is an UltraSPARC implementation being developed for both single-threaded and multithreaded high-end applications. ROCK represents Sun's third generation of CMT processors, following the UltraSPARC T1 and upcoming Niagara 2 processors. UltraSPARC T1 -- with up to eight cores and four threads per core -- is currently available in the SunFire T1000, T2000 and SPARC Enterprise systems. Systems based on the Niagara 2 processor are slated to become available in the second half of calendar 2007. The Niagara 2 processor will have up to eight threads per core and combines all major server functions on the processor itself, making it Sun's first "system on a chip." Niagara 2-based systems are expected to deliver twice the throughput of existing T1000 and T2000 systems.

http://www.sun.com

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% sequentially


  • enterprise 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 from the prior quarter, and $3.0 million reduction from the same period last year, related primarily to the customer's business consolidation. The Company expects the balance of this carrier's consolidation-related disconnects to be substantially completed by year end.


"We continue to deliver strong enterprise growth, drive sales momentum, and achieve key integration milestones related to our acquired operations," said Larissa Herda, Time Warner Telecom's Chairman, CEO and President. "Similar to prior years, the quarter reflected expected seasonality as well as the impact of our acquired operations and the related integration costs.

http://www.twtelecom.com
  • In October 2006, Time Warner Telecom completed its acquisition of Xspedius Communications, a privately held company which provides telecommunications services to businesses across the U.S.