Tuesday, August 17, 2010

Brocade Posts Revenue of $504 Million, up 2% YOY

Brocade recorded quarterly revenues of $504 million for its third fiscal quarter ended July 31 for an increase of two percent year-over-year, resulting in a diluted earnings per share (EPS) of $0.05 on a GAAP basis and $0.13 on a non-GAAP basis.The company reported better-than-expected revenue in storage area networking (SAN) with switch revenue growing double digits sequentially in what is typically a seasonally challenging quarter. However, its overall Ethernet business was slightly down sequentially primarily due to softness in Japan and in...

AppliedMicro to Acquire TPACK for Emerging OTN

AppliedMicro agreed to acquire TPACK A/S, a developer of programmable chip solutions for packet transport networks, for $32 million in cash plus up to $5 million in cash earn-outs depending on performance milestones over the next eighteen months. TPACK, which is based in Copenhagen, Denmark, offers a "SOFTSILICON" solution implemented in Altera FPGA devices. The SOFTSILICON products are used in 10, 40 and 100 Gbps OTN switching and routing network...

Alcatel-Lucent appoints Country Head for India

Alcatel-Lucent has appointed Munish Seth as country head for its Indian business, replacing Vivek Mohan, who now heads Alcatel-Lucent's global services business. Munish will report to Rajeev Singh-Molares, president of the Asia-Pacific region. Before his new position, Munish had been in charge of Customer Solution and Support for Alcatel-Lucent's Asia-Pacific region. http://www.alcatel-lucent....

North Carolina's Golden LEAF Gains $140 Million in Funding

MCNC, which operates the North Carolina Research and Education Network (NCREN), was awarded $75.75 million in American Recovery and Reinvestment Act (ARRA) Broadband Recovery Funds to support the Golden LEAF Rural Broadband Initiative (GLRBI). The award was made through the National Telecommunications and Information Administration's (NTIA) Broadband Technology Opportunities Program (BTOP). This award builds on MCNC's Round 1 BTOP award, a $39.9...

Hong Kong's PCCW Deploys Huawei's 40G OTN

PCCW, Hong Kong's incumbent telecom provider, has deployed Huawei's OTN (optical transport network) solution to enable higher bandwidth and more flexible service grooming features. Financial terms were not disclosed.PCCW's 40G OTN network will adopt a series of state-of-the-art technologies, including 80-wavelength 40G, ROADM (Reconfiguration Optical Add/drop Multiplexer), and optical and electrical cross-connection and grooming. These elements allow...

Los Angeles Times: Hollywood Skeptical of GoogleTV

Hollywood is frightened that the forthcoming GoogleTV platform could upend their business in much the same way that the music and newspaper industries were struck by the Internet, according to The Los Angeles Times. The article discusses the revenue possibilities of distributing TV shows online as opposed to the traditional networks. http://www.latimes.com/business/la-fi-ct-googletv-20100818,0,785196.st...

Texas Energy Network Deploys LTE for Oil/Gas Industry

Texas Energy Network (TEN), a new venture founded by Greg Casey (formerly head of Qwest's wholesale group), announced plans to deploy LTE technology in a national network to serve oil and gas fields across the U.S. TEN will deliver services to address specific field applications such as SCADA data collection and control, remote field and mobile office services, critical alarm and security monitoring. Additional applications will include voice, video,...

PacketFront Employs Mindspeed Processor for Gigabit-to-the Home CPE

Mindspeed Technologies is supplying its Comcerto 1000 packet processor for PacketFront Systems' recently announced DRG 700 customer premises equipment (CPE), which combines Layer 2 switched and Layer 3 routed operation with a residential firewall for secure home networking. The DRG 700 is not only intended for large-scale fiber-to-the-home (FTTH) rollouts, but also addresses medium-sized FTTH projects being implemented by utilities and municipalities....

Empirix Extends its Service Quality Assurance Testing to LTE

Empirix, which supplies IP service quality assurance solutions, for new IP communications, has added LTE and SAE (System Architecture Evolution) support in its IPXplorer network optimization tool.Empirix said its LTE network support gives network operators the ability to understand the performance and interaction of multiple mobile technologies through one platform. This unified view, which merges user and control plane visibility, enhances an operator's...

Level 3 Wins Networx Contract for Social Security Administration

The U.S. Social Security Administration (SSA) has chosen Level 3 Communications to provide wavelength services under the Networx Enterprise contract program. Under the contract, Level 3 will provide the SSA with multiple 10 Gbps wavelengths to connect several of the SSA's data center locations with the potential to expand to additional sites in the future. http://www.Level3....

Chunghwa Selects Spirent for Cloud Computing Testing

Taiwan's Chunghwa Telecom Telecommunication Laboratories to validate the performance, availability, security and scalability (PASS) of cloud computing environments. Chunghwa aims to become Taiwan's largest cloud computing and data center provider and has announced plans to launch four cloud computing centers aimed at developing and testing a wide range of services. The operator used Spirent TestCenter™ Virtual for benchmarking data center and virtual server performance. The Spirent solution was also used for extensive testing of public cloud computing...