Wednesday, March 2, 2011

Glue Networks Secures $4.5 Million for Cloud Networking Service

Glue Networks, a start-up based in Sacramento, California, raised $4.5 million in Series A funding for its enterprise-grade cloud networking service.The "Glue Virtual Office" extends corporate networks to remote offices and teleworkers at low cost over the cloud.Investors in Glue Networks include Keiretsu Forum, San Joaquin Angels, Sierra Angels, Sacramento Angels, Sand Hill Angels and Harvard Angels.http://www.gluenetworks....

Motorola Mobility Invests in Moblyng

Motorola Mobility Ventures has made an equity investment in Moblyng, a developer and publisher of cross-platform, HTML5-based games for mobile devices and social networks. Moblyng games have been published for Android, Facebook, iOS and WebOS platforms and have been downloaded more than 9 million times. Motorola Mobility Ventures joins Mohr Davidow Ventures and Deep Fork Capital in this round of financing. http://www.moblyng....

Duke Energy Connects Smart Meters over Verizon's LTE

Duke Energy has selected Verizon Wireless to connect the digital meters, signs and media players that will be used in project Envision: Charlotte. Using Verizon Wireless' LTE network, Duke Energy will gather and aggregate energy usage data from about 70 participating buildings in Charlotte's 1.94 square mile I-277 inner-belt loop. The information will then be streamed to large interactive lobby-level screens provided by Cisco. Building tenants...

Juniper's Converged Supercore Packs MPLS Switching + Optical

Juniper Networks introduced two Converged Supercore platforms for packet optical transport.Juniper's new architecture calls for a single network management system for the entire transport network -- Junos -- for both the optical layer and the packet layer. The aim is to combine the efficiency of MPLS, the simplicity of switching and integrated optics to deliver network scale with fewer network elements. By collapsing the packet and transport network...

AT&T Calculates its 2010 Energy Efficiency Project Savings

During, AT&T launched a comprehensive online energy management training program for AT&T corporate real estate managers, and as a result implemented 4,200 energy efficiency projects. These efforts yielded $44 million in annualized energy savings. AT&T is using an Energy Scorecard to grade its own efficiency at each of its top 500 energy-consuming facilities.AT&T cited several examples of energy efficiency projects in 2010:Replaced...

Marvell Posts Revenue of $901 Million, Down 6% Sequentially

Marvell Technology Group reported revenue for the fourth quarter of its fiscal 2011 of $901 million, a 7 percent increase from $843 million in the fourth quarter of fiscal 2010, ended January 30, 2010, and a 6 percent sequential decrease from $959 million in the third quarter of fiscal 2011, ended October 30, 2010. For the fiscal year ended January 29, 2011, revenue was $3.61 billion, an increase of 29 percent over revenue of $2.81 billion for the fiscal year ended January 30, 2010.GAAP net income for the fourth quarter of fiscal 2011 was $223...

Free Mobile (Iliad) and Orange Sign Roaming Deal

Free Mobile (Iliad) and Orange announced a national roaming agreement covering their respective 2G and 3G networks in France. This agreement will take effect once Free Mobile has deployed a network that offers coverage for 25% of the French population. Under the terms of its license, Free Mobile has taken a clear commitment to deploy a network that offers coverage to at least 90% of the population by 2018http://www.iliad...

J.D. Power and Associates Ranks Verizon Wireless Highest in Wireless Call Quality

Verizon Wireless won the highest rating in wireless call quality performance according to a newly released J.D. Power and Associates U.S. 2011 Wireless Call Quality Performance Study. The semiannual study measures wireless call quality based on seven problem areas that impact overall carrier performance: dropped calls; static/interference; failed call connection on the first try; voice distortion; echoes; no immediate voicemail notification; and...

EXFO and Opnext to Demo 100GBASE-LR4 CFP Test

At next week's OFC/NFOEC event in Los Angeles, EXFO will demonstrate 100G interoperability testing capabilities in collaboration with Opnext. The company have already tested Opnext's 100GBASE-LR4 CFP Multi-Source Agreement (MSA) optical module using EXFO's FTB-85100G Packet Blazer (100G/40G Ethernet and OTN) module. Housed in EXFO's FTB-500 portable platform, the FTB-85100G features numerous testing capabilities, including qualifying 100 GigE IP traffic transmission at 100 % throughput, measuring latency and ensuring transparent recovery of the...

NeoPhotonics Reports Record Revenue

NeoPhotonics recorded record annual revenue for 2010 of $184.1 million, an increase of $29.1 million, or 19%, over $155.1 million in 2009. Gross margin for 2010 increased to 30.4% from 26.1% in 2009. The company also reported its first full year of profitability in 2010. Net income for 2010 was $3.3 million, as compared to a net loss in 2009 of $6.8 million."We achieved record revenue for both periods and we recorded our first full year of profitability in 2010. Moreover, 2010 marks our 8th consecutive year of year-over-year revenue growth. We...