Cisco to Acquire Pure Networks for Home Network Mgt Software

Cisco agreed to acquire Pure Networks, a Seattle-based start-up specializing in home networking-management software, for approximately $120 million. Pure Networks' home networking-management solution allows users to easily set up and manage a home network and connect a range of devices, applications and services within a home. Pure Networks currently partners with Cisco to provide the software infrastructure and tools used to create the Linksys Easy...

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AT&T Sees Revenue Growth in Wireless, Decline in Wireline

Driven by continued 15.8% wireless revenue growth, AT&T reported consolidated Q2 revenues of $30.9 billion, up 4.7 percent versus reported results in the year-earlier quarter and up 3.6 percent compared with second-quarter 2007 pro forma revenues. Q2 net income totaled $3.8 billion, up from $2.9 billion in the year-earlier quarter, and reported earnings per diluted share totaled $0.63, up from $0.47 in the second quarter of 2007.Some highlights...

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NEC Partners with Motive on Femtocells

NEC Europe is partnering with Motive on femtocells. The partnership will see Motive's service management software integrated into NEC's Femtocell Access Point Management System. NEC said its Access Point Management system is under trials with several operators around the world.http://www.nec.comhttp://www.motive....

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Equinix Reports Q2 Revenue of $172 Million, up 9% YoY

Equinix reported Q2 revenue of $172.0 million, a 9% increase over the previous quarter and an 87% increase over the same quarter last year. Net income for the second quarter was $2.2 million compared to net income of $5.4 million in the previous quarter and net income of $1.2 million in the same quarter last year. This reflects a negative $3.0 million quarter-over-quarter fluctuation related to foreign exchange, and a specific $3.1 million increase in stock-based compensation expense related to the executive change in our European operations.During...

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F5 Networks Introduces Entry Level BIG-IP Application Delivery Controller

F5 Networks introduced entry-level versions of its flagship BIG-IP Application Delivery Controller platform aimed at the enterprise market. The BIG-IP 1600 and 3600 devices have dual-core processors and use F5's Clustered Multiprocessing (CMP) technology. Highlights include:Fast Cache, IPv6 Gateway, Rate Shaping, SSL Offload, and Compression Advanced security and acceleration -- The 3600 platform is able to run BIG-IP Application Security Manager...

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F5 Posts Quarterly Revenue of $166 Million, up 25% YoY

F5 Networks posted quarterly revenue of $165.6 million, up 4 percent from $159.1 million in the prior quarter and 25 percent from $132.4 million in the same period last year. GAAP net income was $19.1 million ($0.23 per diluted share), compared to $17.7 million ($0.21 per diluted share) in the prior quarter and $21.8 million ($0.26 per diluted share) in the period a year ago. "As we anticipated, our chassis-based VIPRION controller was a key driver of product revenue growth. Sales of VIPRION were especially robust among large Internet content...

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Sprint to Sell 3,300 Towers to TowerCo for $670 million in Cash

Sprint Nextel agreed to sell approximately 3,300 towers to TowerCo for approximately $670 million in cash. The specific number of towers and final purchase price will be determined at closing. The companies said the towers are located in prime metropolitan locations. The deal is expected to close in 90 days.The two companies also signed a long term leasing agreement where TowerCo will provide Sprint Nextel with wireless communications towers to...

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Netgear Reports Q2 Revenue of $204.5 million, up 24% YoY

NETGEAR posted Q2 net revenue of $204.5 million, a 24% increase as compared to $164.3 million for the second quarter ended July 1, 2007, and a 3% increase as compared to $198.2 million in the first quarter ended March 30, 2008. Q2 net income (GAAP) was $11.1 million, or $0.31 per diluted share. This compared to net income of $6.1 million for the second quarter of 2007 and to net income of $11.2 million in the first quarter of 2008. Diluted earnings per share, computed in accordance with GAAP, was $0.17 for the second quarter of 2007 and $0.31...

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Verizon Selects New Home Gateways from Westell, Actiontec

Verizon has selected two home gateways from Westell and Actiontec for use with its FiOS service. The new broadband routers, designed to Verizon's specifications by Actiontec and Westell, will use MoCA 1.1 technology to boost in-home speeds over coaxial cable to up to 175 Mbps from 75 Mbps and allow operation of multiple simultaneous Wi-Fi networks. For example, customers will be able to modify security settings on each network, allowing a Wi-Fi...

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Radware Posts Q2 Revenues of $24 Million

Radware reported Q2 revenues of $24.0 million, an increase of 12% compared with revenues of $21.5 million for the second quarter of 2007 and an increase of 8% compared to revenues of $22.2 million for the first quarter of 2008. Net loss on a GAAP basis for the second quarter of 2008 was $7.1 million or $0.36 per diluted share, compared to a net loss of $8.3 million or 0.42 per diluted share in the first quarter of 2008 and to a net loss of $4 million or $0.21 per diluted share in the second quarter of 2007."The strategic and tactical plans set...

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HughesNet Boosts Speeds for Consumer Service

Hughes Network Systems has boosted the speeds of three of its HughesNet consumer service plans -- Home, Pro and ProPlus -- without raising the price. The Home plan now features download speeds of up to 1 Mbps. The Pro and ProPlus plans feature download speeds of up to 1.2 and 1.6 Mbps, respectively.The speed enhancements in the Home, Pro and ProPlus plans were made possible by the launch of Hughes' SPACEWAY 3, the largest satellite in the US and...

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Spain's ONO Fortifies DNS with Nominum

ONO, a broadband operator in Spain with more than 1.2 million subscribers, has implemented Nominum's DNS solution. With the upgrade, more than 90% of the DNS traffic is handled by three Nominum DNS servers. The previously deployed open source based solution required a larger server hardware footprint, and accommodating future DNS and Internet traffic growth was going to require the addition of even more servers on a regular basis.http://www.no...

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Ikanos Posts Q2 Revenue of $29.9 million, Names New CEO

Ikanos Communications reported Q2 revenues of $29.9 million compared with revenue of $29.7 million for the first quarter of 2008 and revenue of $25.7 million for the second quarter of 2007. GAAP net loss for the second quarter of 2008 was $4.0 million, or $0.14 per share, on 29.3 million weighted average shares. This compares with a net loss of $4.8 million, or $0.16 per share, on 29.5 million weighted average shares in the first quarter of 2008...

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