Arista Names Jayshree Ullal as CEO, Andreas Bechtolsheim as Chairman

Arista Networks (formerly known as Arastra), a start-up based in Menlo Park, California, announced the appointment of Jayshree Ullal as President and Chief Executive Officer, and Andreas Bechtolsheim as Chief Development Officer and Chairman.Jayshree Ullal was previously Senior Vice President of Cisco Systems, responsible for the company's Datacenter, Switching and Services Group. Andreas Bechtolsheim, a well-known Silicon Valley entrepreneur, was a Co-Founder of Sun Microsystems and a Senior Vice President and Chief Architect for the Systems...

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Ixia's Q3 Revenue Rises to $47.3M, Notes Lehman Impairment Charge

Ixia reported $47.3 million, which compares to $45.9 million in the immediately preceding second quarter of 2008 and $44.0 million in the third quarter of 2007. For the third quarter of 2008, Ixia reported net income on a GAAP basis of $483,000, or $0.01 per diluted share, compared to net income of $1.9 million, or $0.03 per diluted share, for the third quarter of 2007. Net income for the third quarter of 2008 reflects an impairment charge of approximately $4.3 million related to bonds ($5.0 million face value) issued by Lehman Brothers Holdings....

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Juniper Reports Q3 Revenue of $947.0 million, up 29% YoY

Juniper Networks reported solid revenues, expanding margins, and improved profitability. Net revenues for the third quarter of 2008 rose 29% on a year-over-year basis to $947.0 million. The company posted GAAP net income of $148.5 million, or $0.27 per diluted share, and non-GAAP net income of $175.6 million, or $0.32 per diluted share. The non-GAAP EPS figure represents an increase of 45 percent from the $0.22 per diluted share reported for the third quarter of 2007. The reconciliation between GAAP and non-GAAP results of operations is provided...

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NETGEAR's Q3 Revenue Drops 12% from Q2

NETGEAR reported Q3 net revenue of $179.4 million, a 6% decrease as compared to $191.7 million for the third quarter ended September 30, 2007, and a 12% decrease as compared to $204.5 million in the second quarter ended June 29, 2008. Net income for Q3 2008 (GAAP) was $3.1 million, or $0.09 per diluted share. This compared to net income of $13.3 million for the third quarter of 2007 and to net income of $11.1 million in the second quarter of 2008. Diluted earnings per share (GAAP) was $0.37 for the third quarter of 2007 and $0.31 for the second...

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Ikanos Reports Q3 Revenue of $24.2 million

Ikanos Communications reported Q3 2008 revenue of $24.2 million compared with revenue of $29.9 million for the second quarter of 2008 and revenue of $27.3 million for the year ago period. GAAP net loss for the third quarter of 2008 was $26.7 million, or $0.93 per share, on 28.6 million weighted average shares. This compares with a net loss of $4.0 million, or $0.14 per share, on 29.3 million weighted average shares in the second quarter of 2008 and with a net loss of $13.0 million, or $0.45 per share, on 28.7 million weighted average shares in...

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Level 3 Reports Q3 Revenue of $1.07 billion

Level 3 Communications reported consolidated revenue was $1.07 billion for the third quarter 2008, compared to $1.06 billion for the third quarter 2007. Second quarter 2008 consolidated revenue was $1.09 billion. Total Communications revenue for the third quarter 2008 was $1.05 billion, compared to $1.04 billion in the third quarter 2007 and $1.07 billion in the second quarter 2008. The net loss for the third quarter 2008 was $120 million, or $0.08 per share, compared to a net loss of $174 million, or $0.11 per share for the third quarter 2007.Core...

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Alcatel-Lucent Releases "Zero Touch" Photonic Service Switch

Alcatel-Lucent announced the worldwide commercial availability of its 1830 Photonic Service Switch (PSS), a metro WDM platform offering a "Zero Touch Photonics" value proposition. Alcatel-Lucent said its Zero Touch Photonics eliminates the need for frequent on-site interventions and provides a WDM network that is more flexible to design and install, easier to operate, manage and monitor, where wavelength services can be deployed faster and reconfigured...

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Verizon Wireless Offers Private Network Static IP

Verizon Wireless is now offering Static IP addressing option for enterprise customers. The new Private Network Static IP feature lets customers communicate more securely and consistently with their wireless devices by using a combination of Private IP addressing and dedicated connectivity. By using Static IP on the Verizon Wireless Private Network, enterprise customers can request data on demand from a specific device such as a wireless router whenever and wherever needed.The Verizon Wireless Private Network with Static IP for mobile devices...

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Vonage Gains Internet Telephony Patent

Vonage was recently granted a U.S. patent called "Method and Apparatus for Enhanced Internet Telephony." The invention, which was filed for patent in 2003, makes it less likely for customers to encounter dropped calls, incomplete attempted calls or other communication problems resulting from typical router function and behavior. Specifically, the patent -- No. 7,417,981 -- pertains to improvements in Internet telephony where Network Address Translation (NAT) is required. The patent addresses the issue of a router losing an outbound port during...

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AT&T Completes IP/MPLS Network over 40 Gbps Optical Backbone

AT&T has completed the transition of IP traffic to its next-generation, consolidated IP/MPLS backbone network. AT&T describes its new full-mesh optical platform as the world's largest deployment to date of 40 Gbps transport. The company's entire U.S. ultra-long haul network -- more than 80,000 fiber-optic wavelength miles -- now uses this 40-gigabit network technology, known as OC-768. AT&T began turning up 40-gigabit service in volume in its network in the second half of 2006 after completing multiple field trials. The AT&T...

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Sierra Wireless Develops 21 Mbps HSPA+ Modems for Telstra's "Next G"

In collaboration with Telstra, Qualcomm, and Ericsson, Sierra Wireless is developing the first wireless data devices for the HSPA+ standard, which offer peak download speeds of 21 Mbps over Telstra's "Next G" network -- three times faster than currently available HSPA modems. Shipments for customer trials are expected to begin in coming months, with a commercial launch to follow. HSPA+ is also known as HSPA Evolution or Evolved HSPA (eHSPA). In addition to significantly increasing data speeds, the standard reduces latency, boosts network capacity,...

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