Tuesday, May 4, 2010

JDSU Posts Revenue of $332 Million

JDSU reported quarterly revenue of $332.3 million and a net loss of $(11.9) million, or $(0.05) per share. This compares to net revenue of $342.9 million and a net loss of $(19.5) million or $(0.09) per share for the prior quarter, and net revenue of $279.1 million and a net loss of $(101.7) million or $(0.47) per share for the same period last year."We began the calendar year with the highest quarterly bookings JDSU has reported in the last two...

ADVA Optical Clocks 80% Lower Latency than WDM

ADVA Optical Networking confirmed that its low-latency optical transport solutions offer 80% lower latency than traditional WDM options. The ADVA FSP 3000 incorporates latency-optimized optical terminals, dispersion compensation, transponders and amplifiers. The platform enables enterprises to expand their network to up to 120 wavelengths while offering protocol flexibility, including InfiniBand and multiple Fibre Channel speeds.Lower latency can...

Netronome Secures $23 Million for Network Flow Processing

Netronome has closed a $23 million Series D round of funding for its network flow processors.Netronome supplies Network Flow Processors that are designed for tight coupling with embedded multicore Intel and x86 processors. This accelerates network, security and content processing platforms used in 40 Gbps and 100 Gbps networks. It is the only line of processors backward compatible with the market‐leading Intel IXP28XX. Netronome recently announced...

Octasic Delivers High-Density Video Transcoding Cards

Octasic introduced its TXP1000 high-density video transcoding cards, which are PCI Express (PCIe) cards for high channel density video transcoding systems. The TXP1000 cards are built using Octasic's award-winning Vocallo MGW chip. The media processing software stack provides: H.264, MPEG-4 and H.263 CODEC support from QCIF to HD resolution; dynamic bit-rate and quality adaptation; frame rate and resolution scaling; advanced packet loss concealment;...

Clearwire Confirms Further 4G Markets for 2010

Clearwire confirmed plans to launch 4G mobile broadband service in 19 additional cities this summer, including previously announced markets Kansas City, KS; St. Louis, MO; Salt Lake City, UT, and the core area of Washington, D.C. and newly announced markets Nashville, TN; Daytona, Orlando and Tampa, FL; Rochester and Syracuse, NY; Merced, Modesto, Stockton, and Visalia, CA; Wilmington, DE; Grand Rapids, MI; Eugene, OR; and Yakima and Tri-Cities,...

Vodafone Hutchison Australia Outsources it Network to NSN

Vodafone Hutchison Australia (VHA) will outsource its overall network operations and a key part of its equipment supply to Nokia Siemens Networks. The seven-year agreement aims to improve services for its 7 million customers and deliver operational efficiencies. The contract includes service management for a number of key parts of VHA's mobile network (core, transmission, and radio networks) and equipment supply for its core network. Financial terms were not disclosed. Under the contract, Nokia Siemens Networks will combine two existing operations...

Clearwire Sees Growing Demand for its WiMAX

Clearwire ended Q1 with 971,000 total subscribers consisting of 814,000 retail subscribers and 157,000 wholesale subscribers. The company added 283,000 net new subscribers in Q1 including 172,000 retail additions and 111,000 wholesale additions. Greater than one-third of wholesale subscribers consist of subscribers on dual mode devices that reside outside of Clearwire's currently launched markets."Customer demand for 4G services is truly making 2010...

AT&T Puts U-verse Content Online for PC Streaming

AT&T introduced U-verse Online, a streaming site that is part of its strategy to U-verse content available to consumers across multiple screens, including the TV, PC and mobile devices. The newly rebranded AT&T Entertainment website lets you watch streaming TV shows, movies and video clips on your PC. In March, AT&T previewed plans to offer U-verse Mobile, a mobile app that will allow U-verse TV customers to download and watch select...

Palo Alto Networks Firewall Blocks Facebook Social Plug-ins

Palo Alto Networks has upgraded its firewall with new functionality that enables enterprises to control Facebook Social Plug-ins. The company said Facebook users in enterprises are susceptible to having their confidential data shared with third parties because of changes at Facebook that can cause behavioral data from its users to be made available to others unless a user explicitly opts out. The new default Facebook privacy settings are designed...

Aviat Networks Posts Revenue of $120 Million

Aviat Networks reported quarterly revenue of $120.0 million, compared with $158.0 million in the year ago period. The net loss under U.S. GAAP was $25.7 million or $0.43 per share, compared with U.S. GAAP net loss of $39.4 million or $0.67 per share in the year ago quarter.As of the quarter ended April 2, 2010 cash and cash equivalents were $140.5 million, compared with $126.4 million as of the quarter ended January 1, 2010. Revenue in the North America segment was $39.6 million in the third quarter of fiscal 2010, compared with $43.0 million...

Ericsson Outlines Strategy for a Changing Market

Ericsson predicts that the number of mobile broadband users will increase from today's 400 million to 3.5 billion in 2015, while the total number of Internet-connected devices will soar to 50 billion by 2020. By this point, the number of network equipment vendors is forecast to very much reduced -- those that remain will generate more revenue from services and software and less from hardware. In its Capital Markets Day presentation to investors...