Cisco to Invest $150 Million in VMware Stock

Cisco Systems will purchase $150 million of VMware Class A common shares currently held by EMC Corporation. This will give Cisco approximately 1.6 percent of VMware's total outstanding common stock (less than one percent of the combined voting power of VMware's outstanding common stock). VMware has agreed to consider the appointment of a Cisco executive to VMware's board of directors at a future date.VMware develops software for virtualization solutions. http://www.VMware.com http://www.cisco.comEarlier this month, VMware announced that Intel...

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Saskatchewan Deploys Cisco for Public Wi-Fi Access

The Government of Saskatchewan is deploying a Cisco Outdoor Wireless Network Solution to provide free Internet access to businesses, residents and visitors across the Province's largest four cities. SaskTel is spearheading the design and deployment of the outdoor wireless solution, which includes Cisco Aironet 1500 Series Outdoor Mesh Access Points at more than 450 locations in Saskatoon, Regina, Prince Albert and Moose Jaw. The wireless networks are now available for public access in all four centers. Financial terms were not disclosed. htt...

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Cisco Authorizes Up To $5 Billion in Additional Stock Repurchases

Cisco's board of directors authorized up to $5 billion in additional repurchases of its common stock. Cisco's board had previously authorized up to $47 billion in stock repurchases. There is no fixed termination date for the repurchase program."Cisco's business strategy is to make investments for growth," said Dennis Powell, chief financial officer, Cisco. "The company believes that its available cash provides flexibility to make strategic investments in the business, including R&D and acquisitions, as well as repurchase shares. Today's decision...

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Covad Extends Line Sharing Agreement with AT&T

Covad Communications has extended the commercial line sharing agreement it has with AT&T's local telephone companies. The deal guarantees access to AT&T copper and remote-terminal facilities for new Covad line share customers through May 2009. The agreement also provides for commercial access to AT&T copper facilities in the former BellSouth territory, also through May 2009. Covad and AT&T also resolved a number of disputes. http://www.covad....

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Alvarion to Integrate ArrayComm's Multi-Antenna software

Alvarion will integrate ArrayComm's multi-antenna signal processing software (A-MASTM) into its 4Motion's Radio Access Network Solutions. Alvarion's WiMAX platform using ArrayComm's software is expected to offer 2 to 4 times more coverage and spectral efficiency than the WiMAX Forum's baseline profiles, through a unique combination of beamforming, MIMO and adaptive interference cancellation. http://www.alvarion.com http://www.arraycomm....

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Sprint to Offer Google Services over Mobile WiMAX Network

Sprint will work with Google to spur new mobility and location-assisted services over its forthcoming WiMAX network. Sprint's WiMAX network bandwidth, location detection and presence capabilities will be matched with Google's communications suite - Google Apps - that combines the Gmail, Google Calendar and Google Talk services. Sprint describes the pact with Google as a milestone in its mobile Internet strategy, describing the deal as a boost for...

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Riverbed Posts Strong Sales, Releases WDS Software Client for Laptops

Riverbed Technology reported Q2 revenue of $54.0 million, which represents an increase of 199% from the second quarter of last year. Riverbed posted GAAP net income of $3.9 million, or $0.05 per diluted share, compared to a net loss of $6.1 million, or a loss of $0.46 per share, in the second quarter of 2006.Riverbed noted that it has won over 2,500 cumulative customers since it first introduced the Steelhead product line. Separately, Riverbed announced a software client version of its WDS technology that is intended to deliver LAN-like application...

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China Telecom Deploys Alcatel-Lucent 7750 in Guangdong

Guangdong Telecom, the largest provincial subsidiary of China Telecom, has selected Alcatel-Lucent as a strategic partner for its province-wide metro area network optimization project. The Alcatel-Lucent 7750 Service Router (SR) will be deployed in 21 cities of Guangdong province, including the major cities of Guangzhou and Shenzhen. It will enable Guangdong Telecom to satisfy the growing appetite for high speed Internet and IP VPN and NGN services.The project, which also foresees additional network upgrades and expansions in the future, is expected...

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Aruba and Alcatel-Lucent to Form JV for Enterprise Solutions

Aruba Networks and Alcatel-Lucent will establish a joint venture focused on developing next-generation wired and wireless solutions for the enterprise. Specifically, the joint venture will focus on the design and delivery of hardware and software modules that add secure wireless LAN switching to Alcatel-Lucent's next generation products. The companies said these modules, used in combination with Alcatel-Lucent platforms, will address the growing need for pervasive secure mobility in enterprises of any size.The joint solution combines Aruba's secure...

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Infineon to Use ARM Processors for Mobile Platforms

Infineon Technologies AG has extended a license agreement with ARM to enable its low-cost, high-performance ARM processors to be used in next-generation handset platforms. The companies said the ARM processors will enable re-use of development processes, accelerated time-to-market and higher performance solutions for mobile phones. http://www.arm.com http://www.infineon....

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AboveNet Expands Deployment of Nortel's Optical Metro

AboveNet Communications UK announced its expansion of Metro-Wave, a service offering AboveNet customers private wavelengths between strategically placed hubs in and around London. The service uses Nortel's Optical Metro 5000 series equipment, and this network expansion involves a new hub in Slough. Having recently expanded to Park Royal, AboveNet's Metro-Wave footprint will now span from the Docklands in the east through the City, out to Heathrow and Slough in the west. AboveNet has been working with Nortel and the Optical Metro 5000 platform...

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Bay Microsystems Raises $16 Million for Network Processors

Bay Microsystems has raised $16 million in new venture funding. The company plans to use the funding for enhancing operations and continuing its global expansion. Bay Microsystems reported strong demand for its Chesapeake 40G network processing silicon as well as it's recently introduced ABEx family of wide-area-network (WAN) virtualization system technology. New institutional investors, Quicksilver Ventures and W Capital, led the financing. Bay's...

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NETGEAR Reports Q2 Revenue of $164 Million

NETGEAR reported Q2 revenue of $164.3 million, a 26% increase as compared to $130.7 million for the second quarter ended July 2, 2006, and a decline of 5% as compared to $173.6 million in the first quarter of 2007. Net income, computed in accordance with GAAP, for the second quarter of 2007 was $6.1 million, or $0.17 per diluted share.http://www.netgear.c...

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Foundry Networks Revenues Rise to $143 Million

Foundry Networks reported Q2 revenue of $143.2 million, compared to $108.4 million in the second quarter of 2006, and compared to $135.8 million in the first quarter of 2007, an increase of 32.1% and 5.4% respectively. Net income was $16.4 million or $0.11 per diluted share, compared to net income of $4.4 million, or $0.03 per diluted share in the second quarter of 2006, and net income of $9.1 million, or $0.06 per diluted share in the first quarter of 2007."We are pleased to be executing well," said Bobby Johnson, President and CEO of Foundry...

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Taiwan Awards Six WiMAX Licenses

Taiwan's National Communications Commission (NCC) awarded six WiMAX licenses in the 2.5 ~ 2.69 frequency range, however, Chunghwa Telecom -- the island's incumbent operator -- was not among the winning bidders.Companies being awarded WiMAX licenses include Far EasTone Telecommunications, First International Telecom, Tecom-VIBO, Global On, Vastar Cable and Tatung. http://www.ncc.gov....

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Comcast Continues Double Digit Growth

Reflecting continued strong consumer demand for its Triple Play services, Comcast's cable division reported Q2 revenue of $7.3 billion. Cable revenue increased 12% to $14.3 billion for the six months ended June 30, 2007. Some highlights for the quarter:Revenue generating unit (RGU) additions increased 94% to a second quarter record of 1.6 million in 2007 from the 830,000 RGUs added in the second quarter of 2006. Comcast ended the quarter with 54.2 million RGUs, an increase of 6.5 million units from one year ago. Comcast added 823,000 new digital...

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QUALCOMM Announces Ultra Mobile Broadband Base Station

QUALCOMM introduced anew infrastructure reference design for Ultra Mobile Broadband (UMB) networks. The base station reference design is based on QUALCOMM's OFDMA Cell Site Modem CSM8900 and technologies from Freescale Semiconductor, Cavium Networks and Green Hills Software. Freescale Semiconductor's MPC8548 PowerQUICC III processor is used for the control plane and Layer 2 functions. Cavium's OCTEON Processor provides performance for Layer 3 and Layer 3+ networking applications. The UMB reference design also incorporates Green Hills Software's...

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Level 3 Posts Revenue of $1.052 billion

Level 3 Communications reported Q2 revenue of $1.052 billion, compared to consolidated revenue of $1.056 billion for the first quarter 2007. The net loss for the second quarter 2007 was $202 million, or $0.13 per share, compared to a net loss of $647 million, or $0.44 per share, for the previous quarter. Some highlights:Total Communications Revenue for the second quarter 2007 decreased slightly to $1.035 billion, versus $1.037 billion for the previous quarter. Core Communications Services revenue increased quarter over quarter by 2 percent. The...

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ARRIS Supplies CMTS to Cyprus

Cablenet Communication Systems of Cyprus has deployed a number of C4 CMTS system from ARRIS in Nicosia, Limassol and Larnaca. The C4's were purchased from ARRIS Value-Added Reseller (VAR) B.A.S.E. Technologies.Cablenet plans on passing over 60,000 homes this year with another 60,000 homes planned for 2008.The MSO selected ARRIS equipment as part of a turnkey, end-to-end, IP backbone and triple play service solution provided by B.A.S.E. Technologies of Belgium, an ARRIS VAR.http://www.arrisi.c...

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