Brocade Posts Revenue of $550 million, up 9% Sequentially

Brocade reported quarterly revenues of $550 million, an all-time record for the company in terms of revenue, representing an increase of over nine percent quarter-over-quarter, resulting in diluted earnings per share (EPS) of $0.05 on a GAAP basis and $0.14 on a non-GAAP basis.Brocade attributed the record performance to a number of factors including an all-time company high in revenue for its Ethernet business, which is composed of products and...

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Netflix: More Streaming than DVD Watching

Netflix announced that its members are now watching more content streamed over the Internet than on DVDs delivered by mail. The company has introduced a $7.99 streaming-only subscription plan in the United States, the first time it is promoting a 100 percent streaming option in the U.S. The company also raised prices for plans that include DVD delivery by mail."We are now primarily a streaming video company delivering a wide selection of TV shows...

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T-Systems launches "Infrastructure as a Service"

T-Systems introduced a cloud-based "Infrastructure as a Service" that allows corporate customers to purchase CPU power at short notice and on an hourly basis. The service is free for T-Systems customers during the pilot phase (November 2010 through February 2011). T-Systems is providing access controls, data security and protection, defined Service Level Agreements, full scalability and attractive prices. All data centers, and consequently all customer...

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TerreStar Debuts its GENUS Satellite+Terrestrial Smartphone

TerreStar Networks released its "GENUS" integrated cellular-satellite smartphone. The handheld device connects to the AT&T cellular network for primary ground-based wireless connectivity, and gains satellite access connectivity through the power of TerreStar-1, the world's largest commercial communications satellite, which acts as a cell tower in the sky. It features a sleek design, internal antenna and the Windows Mobile 6.5 operating system....

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Broadcom to Acquire Gigle Networks for HomePlug Chips

Broadcom agreed to acquire Gigle Networks, a privately-held company that develops system-on-a-chip (SoC) solutions for home networking over power lines, for $75 million in cash. Additional consideration of up to $8 million in cash will be reserved for future payment to the former holders of Gigle Networks capital stock and other rights upon satisfaction of certain performance goals.Gigle's powerline networking technology is HomePlug AV certified...

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NSN Introduces High-Performance GSM Base Station Controller

Nokia Siemens Networks introduced a new Flexi BSC (base station controller) that offers up to 80% reduction in energy consumption compared to previous models. The new Flexi BSC also provides a 40% increase in capacity and the ability to move to all-IP for communicating among the base station, base station controller and mobile switching center with two new flexible and cost-efficient transport features -- Packet Abis and A over IP. Maximum cost...

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Tellabs Acquires Zeugma, Opens Vancouver Office

Tellabs has acquired intellectual property and assets from Zeugma Systems. Financial terms were not disclosed. Tellabs has also hired key Zeugma personnel and will create a new research and development office in Vancouver to focus on developing Tellabs Mobile Solutions. Tellabs Mobile Solutions add intelligence to the wireless networks, so service providers can cut costs while delivering better user experiences on the mobile Internet."To help our...

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Verizon Launches "Lightning Fast" 4G LTE Commercials

Verizon Wireless launched the TV advertising campaign for its upcoming, "Lightning Fast" 4G LTE service.The commercial continues the company's "Rule the Air" campaign with the kicker "with the most advanced 4G network in the world." The commercial confirms "Coming December 2010."A new webpage linked to the commercial highlights the expected 5-12 Mbps of performance and shows coverage maps. Customers can also sign up to be notified of service availability...

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Sprint Video: Wiring Up 4G in Los Angeles: Capacity

This two minute video, produced by Sprint, highlights the 4G network rollout for Angelinos. Network launch in this market is expected in December 2010.http://www.sprint....

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Huawei Appoints Former Nortel CTO as GM of North America R&D

Huawei has hired John Roese as Senior Vice President and General Manager of Huawei North America R&D. Most recently, Roese served as the Chief Technology Officer at Nortel Networks, responsible for the company's overall R&D strategy and execution, and directing research across all product portfolios. Roese has also held senior positions at Broadcom Corporation, Enterasys Networks and Cabletron. He will be based in Huawei's North America...

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Tokyo Institute of Technology Picks Juniper

The Tokyo Institute of Technology has migrated its multi-site campus network to a 10 Gigabit Ethernet infrastructure running Juniper Networks EX Series Ethernet Switches and Junos operating system. 'Tokyo Institute of Technology now has a state-of-the-art campus network as befits one of the world's leading science and technology universities,' said Yoichi Hosoi, vice president, of Juniper Networks, Japan. 'It is very much a showcase for the benefits of network simplification which is one of the keys to a new network. The Institute will also greatly...

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Attachmate to Acquire Novell for $2.2 billion

Attachmate, which supplies network management solutions, agreed to acquire Novell for $6.10 per common share in cash -- a transaction value of approximately $2.2 billion. Attachmate Corporation is owned by an investment group led by Francisco Partners, Golden Gate Capital and Thoma Bravo. As part of the transaction, Elliott Management Corporation, one of Novell's largest shareholders, will become an equity shareholder in Attachmate Corporation....

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Verizon Launches 150/35 Mbps FiOS

Verizon is launching a high-end, residential FiOS Internet service offering 150 Mbps downstream and 35 Mbps upstream. The residential service is expected to cost $200 per month with a one-year contract and be available to the more than 12.5 million homes currently passed by its fiber network. http://www.verizon....

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