Ciena Reports Q2 Revenue of $144 Million, Impairment Charge of $455 Million

For its second fiscal quarter ended April 30, 2009, Ciena reported revenue of $144.2 million, compared to fiscal first quarter 2009 revenue of $167.4 million, and $242.2 million for the same period last year. Ciena's net loss (GAAP) for the quarter was $(503.2) million, or $(5.53) per common share. This compares to fiscal first quarter 2009 GAAP net loss of $(24.8) million, or $(0.27) per common share, and a reported GAAP net income of $23.8 million, or $0.23 per diluted common share, for the same period a year ago.Ciena's GAAP net loss for the...

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Intel to Acquire Wind River Systems for Approximately $884 Million

In a bid to grow its processor and software presence outside the traditional PC and server market segments and into embedded systems and mobile handheld devices, Intel agreed to acquire Wind River Systems, a leading supplier of software for embedded processors, for $11.50 per share in cash, or approximately $884 million in the aggregate. Wind River's main products include its VxWorks, a proprietary and multicore-ready real-time operating system,...

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Juniper and Nokia Siemens Networks Announce Joint Venture for Carrier Ethernet

Juniper Networks and Nokia Siemens Networks will form a joint venture in the Netherlands to address the global Carrier Ethernet Transport market. The joint venture, which extends a Carrier Ethernet partnership formed earlier this year, will manage and execute the Carrier Ethernet portfolio roadmap of both companies. The interoperable Carrier Ethernet products will target mobile backhaul, business services and residential broadband networks. The...

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Dell'Oro: Enterprise VoIP Growth to Slow in 2009

IP lines for the PBX market are forecasted to decline for the first time ever in 2009, according to a new report from Dell'Oro Group. Notwithstanding, VoIP penetration will continue to grow this year, albeit at a slower pace compared to the previous years."For 2009, we anticipate a degree of vendor volatility that will cause many customers to stay on the sidelines for a longer period of time than we would expect if downward pressure was coming only...

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Qwest Delivers High-Capacity Ethernet for Utah Education Network

The Utah Education Network (UEN) has selected Qwest Communications to provide an advanced, fully managed data networking solution. Under the multi-year, multimillion-dollar agreement, Qwest will connect 21 of the state's 40 school districts to Qwest's statewide fiber-optic network. To date, Qwest has connected 300 of the 450 sites, including elementary schools, middle and high schools and administrative offices. Qwest GeoMax is a super-high-speed,...

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Belgacom Offers Application Performance Management using Ipanema Platform

Belgacom has launched a new Application Performance Management (APM) service that provides enterprises with greater control of their network and application performance. Specific performance targets can be set for applications based on the business objectiveshttp://www.convergedigest.com/qa655.asp of the company, and controlled across any IP infrastructure. The service allows optimization decisions to be taken globally across the network.Belgacom...

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Verizon Business Teams With Westcon on Global Network Support

Verizon Business has entered into a new multiyear global distribution agreement with Westcon Group, a leading specialty distributor of networking, convergence, security and mobility equipment. The deal will help Verizon Business to expand its global logistics reach and provide multinational enterprises with just-in-time delivery of critical communications equipment and services. Westcon will also provide optional configuration and staging services for Verizon Business customers. Specifically, Westcon Group will load software according to customer...

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T-Mobile Selects Rohde & Schwarz for Test & Measurement

T-Mobile International has chosen the Rohde & Schwarz group as the exclusive supplier of its standard drive test systems. The contract includes the delivery of R&S ROMES software and associated mobile radio scanners to five European countries. T-Mobile International will use the drive test systems from Rohde & Schwarz to test the transmission quality of channels in its mobile radio networks. This will enable the network operator to ensure interference-free mobile communications coverage. Financial terms were not disclosed. http://...

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Allot Signs Distribution Deal with Exclusive Networks

Allot Communications, which supplies IP service optimization and revenue generation solutions based on deep packet inspection (DPI), has signed a pan-European distribution deal with Exclusive Networks. The agreement is aimed at increasing Allot's access to local resellers and integrators in the European and North African market and creating new opportunities via Exclusive's unique distribution policy model, with a focus on France, UK, Belgium, Switzerland, Maghreb (Morocco, Algeria, Tunisia) and Senegal.http://www.allot.c...

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