Monday, August 2, 2010

Sonus Posts Q2 Revenue of $61.2 Million

Sonus Networks reported Q2 revenue of $61.2 million, compared to $62.4 million in Q1 2010 and $61.6 million for Q2 2009. Net income (GAAP) was $0.3 million, or $0.00 per diluted share, compared to a net loss of $0.1 million, or $0.00 per share, for the first quarter of fiscal 2010."We are pleased with our solid operating results in the second quarter," said Richard Nottenburg, President and Chief Executive Officer of Sonus Networks. "During the quarter, we successfully launched the NBS-5200 Network Border Switch on our next generation ConnexIP...

Extreme Networks Appoints Oscar Rodriguez as CEO

Extreme Networks has appointed Oscar Rodriguez as its new President and CEO, replacing Bob L. Corey, who has served as interim CEO since October. Corey will continue in his role as CFO. Rodriguez is currently CEO of Movius Interactive Corporation, a privately held leader in messaging, collaboration and mobile media solutions for service providers worldwide. Before joining Movius in 2007, Rodriguez was Chief Marketing Officer for Alcatel-Lucent's...

Hughes and China UnifiedNet Form Joint Venture

Hughes Network Systems and China UnifiedNet have formed a joint venture in China. HughesNet China and its licensed partner, Beijing UnifiedNet (together known as "Hughes China") will offer a wide range of managed broadband network services to leading telecom carriers and major enterprise customers, and will support the government's initiatives in expanding rural development through access to education and emergency communications across China. Hughes China, headquartered in Beijing, expects to commence commercial services in the fourth quarter...

Sourcefire to Accelerate Snort with Intel Pattern Matching Technology

Sourcefire, the creators of Snort, plans to integrate Intel's QuickAssist Pattern Matching Technology. Snort is the world's most widely deployed IPS. Specifically, Snort 2.9, now in beta, leverages the Intel QuickAssist Technology Pattern Matching mechanism to replace Snort's internal Pattern Matching engine, which is used to select Snort rules for deeper inspection. The companies said Intel's QuickAssist technology will enable higher throughput and lower latency for Snort, improving Snort's speed and extending its protection capabilities. "The...

Zhone Launches New Brand

Zhone Technologies unveiled its new brand strategy as part of a nonstop global awareness campaign. The rebranding is centered on two core elements - Zhone's commitment to:Building the network of the future...Today!Building the fastest, highest quality all-IP multi-service networks in the world!The orienting concepts resulted in the corporate tagline: Bandwidth Changes Everything! And Zhone's corporate solutions mark and slogan: The IP Zhone, building...

Mostelecom Deploys Alcatel-Lucent's Converged IP/Optical backbone

Mostelecom, a leading Russian cable broadcast television provider with more than three million subscribers in Moscow, has selected Alcatel-Lucent's Converged Backbone Transformation (CBT) solution to boost its network performance and offer a higher quality of experience to end users.Specifically, Mostelecom deployed new 7750 Service Routers (SR) in the core as well as 1830 PSS DWDM equipment. Seamlessly augmenting the existing 7450 Ethernet Service...

Infineon Confirms Talks on Possible Wireless Unit Sale

Infineon Technologies AG confirmed that it is in discussions with interested parties about a transaction concerning its Wireless Solutions (WLS) business. With an annual revenue of Euro 917 million, WLS has contributed approx. 30 percent to Infineon Technologies AG's total annual revenue of Euro 3,027 million in the past financial year. Infineon views the positive development and position of the profitable segment as the main reason for the display of a strategic interest in the segment by several companies. WLS provides baseband processors, radio-frequency...

GE and Intel JV to Focus on Telehealth

GE and Intel are forming a 50/50 joint venture healthcare company focused on telehealth and independent living. The new company will be formed by combining assets of GE Healthcare's Home Health division and Intel's Digital Health Group, and will be owned equally by GE and Intel. It will be based in Sacramento, California. Financial terms were not disclosed. Once formed, the new company will develop and market products, services and technologies that...

EchoStar Plans New Data Center in Wyoming

EchoStar Broadcasting Corp. is planning to build a Tier III, 77,000-square-foot data center in Cheyenne, Wyoming. The multimillion dollar data center will be located adjacent to EchoStar's existing satellite uplink and broadcast facility, which is located in the Cheyenne Business Park just east of Cheyenne along Interstate 80. EchoStar, which designs products and delivers television services for satellite, IPTV, cable, terrestrial, and consumer electronics markets worldwide, said it will use the data center for supercomputing, data storage and...

Accedian Raises $19 Million for Carrier Ethernet Solutions

Montreal-based Accedian Networks raised $19.5 million in new funding for its "High Performance Service Assurance" solutions for Carrier Ethernet and IP networks. Since inception, Accedian has sold over 55,000 platforms to over 150 service providers and enterprise customers worldwide. The company said it will use the funding to grow its global sales force, as well as its product development, marketing, and administrative support organizations. These...

Sophos Tracks Attitudes Toward Cyberwarfare

Many people seem to think that using the Internet as a tool for spying, or even as a weapon, is acceptable state-sponsored practice, according to Sophos' mid-year 2010 Security Threat Report.Sophos said its worldwide survey of 1077 computer users uncovered some alarming attitudes toward international cyber-espionage. Respondents were asked questions including whether they thought spying via hacking or malware attacks is an acceptable practice and...

Ohio's Wabash Mutual Selects Occam in Broadband Stimulus Project

Wabash Mutual Telephone , a subscriber-owned telephone exchange in Mercer County, Ohio, has chosen Occam Networks' BLC 6000 multiservice access platform (MSAP) to expand broadband services in west central Ohio. As part of a $4.3 million broadband stimulus fiber project, Wabash will provide digital television, high-speed Internet and voice services to Fort Recovery and the surrounding area. The project will be funded through a combination of Broadband Initiatives Program (BIP) grants and loans and will increase broadband access in areas that currently...

Belgium National Internet eXchange Picks Force10

The Belgium National Internet eXchange (BNIX) has selected its Force10 Networks' ExaScale E-Series family of switch/routers for the scalable, cost-effective delivery of 10 GbE peering services to its enterprise business and service provider customers. As an Internet exchange, BNIX provides high-performance interconnections between its members, which include more than 40 ISPs, content providers, research centers, government agencies and business users throughout Belgium. http://www.force10networks....

IIJ Adopts Juniper Ethernet Switches for Cloud Services

Internet Initiative Japan (IIJ) has adopted Juniper Networks EX Series Ethernet Switches in its data centers to support its newly developed cloud services under the name IIJ GIO. IIJ offers customized private cloud services and public services -- including the IIJ GIO Hosting Package Service, IIJ GIO Remote Office Service and IIJ GIO Storage Service -- from data centers interconnected directly through its high-volume backbone network. Each data center...

BT Deploys Juniper Networks MX Series for Global 21CN

BT has chosen Juniper Networks MX Series Universal Edge Routers as a strategic Edge platform to support 21CN service deployment outside the UK. Juniper's MX Series will be deployed in BT's global core network to provide large scale Ethernet and high-speed MPLS VPN Services. The Juniper edge routers will also provide support for applications such as intranet and extranet multicast VPN for customers around the world. In addition, the MX960 will...

MobileIron Raises $16M for Smartphone Management

MobileIron, a start-up based in Mountain View, California, has raised $16 million in Series C financing for its multi-OS smartphone management solutions. MobileIron's Virtual Smartphone Platform allow companies to manage smartphone data, privacy, security, and cost across multiple operating systems using a single technology solution. This includes real-time intelligence and control over smartphone content, activity, and apps. For corporate iPhone...

M.A.D. Partners Defends Against Jailbroken iPhones on Corporate Networks

M.A.D. Partners, LLC, the smartphone security company, introduced an automatic solution that solves the iPhone and iPad jailbreaking problem on corporate networks. Now that jailbreaking the iPhone is legal, corporate users may be tempted to download applications from locations other than iTunes, posing a security threat to the corporate network. With Mobile Active Defense, the iPhone stays in communication with M.A.D.'s Mobile Enterprise Compliance and Security (MECS) Server, which detects any company-defined "out of compliance" or "out of policy"...

Motorola Partner with Integrators for Small WiMAX Deployments

Motorola's Networks business named Eden Rock Communications to serve as a system integrator for delivering Motorola's WiMAX end-to-end (E2E) low teledensity solutions. In this capacity, Eden Rock will provide system engineering services for the E2E network, integrate and test the E2E network and develop tools along with methods and procedures for the E2E WiMAX network. Eden Rock will host a fully integrated testing site for the E2E network - open...

YouSendIt Secures $15 Million for Secure Content Delivery

YouSendIt, a start-up based in Campbell, California, has raised a $15 million Series D round of venture capital for its secure content delivery service. YouSendIt allows users to transfer files too large to send via e-mail, eliminating the need for expensive overnight couriers and cumbersome FTP sites. Users can access the service through the YouSendIt Web site, a desktop application called YouSendIt Express or through a variety of plug-ins that...