Monday, April 25, 2011

Tellabs Posts Q1 Revenue of $322 million, Down 15% YoY on North American Sales

Tellabs reported Q1 2011 revenue of $322 million, down 15% from $379 million in the first quarter of 2010. Tellabs recorded a net loss (GAAP) of $24 million or 7 cents per share in the first quarter of2011, compared with net earnings of $46 million or 12 cents per share in the first quarter of 2010. For the first quarter of 2011, Broadband segment revenue was $173 million, Transport segment revenuewas $99 million and Services segment revenue was...

Altera Posts Q1 Sales of $535.8 million, up 33% YoY

Altera reported Q1 sales of $535.8 million, down 4 percent from the fourth quarter of 2010 and up 33 percent from the first quarter of 2010. New product sales increased 13 percent sequentially. First quarter net income was $224.1 million, $0.68 per diluted share, compared with net income of $231.6 million, $0.72 per diluted share, in the fourth quarter of 2010 and $153.2 million, $0.50 per diluted share, in the first quarter of 2010."Despite the anticipated slow down in first quarter sales following a remarkable 2010 growth year, we experienced...

Deutsche Telekom and NSN Show 800 MHz LTE for Rural Reach

Deutsche Telekom and Nokia Siemens Networks have jointly demonstrated LTE in in the 800 MHz spectrum as a means of reaching rural schools in Germany. DT has established an LTE connection with the G.-E.-Lessing-Gymnasium "European Grammar School" in Doebeln village. The "Flying Classroom" enables students to engage remotely with peers and teachers in partner schools using video conferencing and Smartboards. "LTE offers a wide range of possible...

Broadcom Hits Q1 Revenue of $1.82 Billion, up 24%

Broadcom reported Q1 net revenue of $1.82 billion, a decrease in net revenue of 6.6% compared with Q4 2010 and an increase of 24.2% compared with the $1.46 billion reported for Q1 2010. Net income (GAAP) was $228 million, or $.40 per share (diluted)."Broadcom reported solid results for the first quarter, with revenue above the mid-point of guidance and better-than-expected profitability," said Scott A. McGregor, Broadcom's President and Chief Executive...

Equinix Acquires ALOG Data Centers of Brazil

Equinix has acquired ALOG Data Centers of Brazil S.A. in an all cash transaction valued at approximately $83 million—approximately $68 million as part of the acquisition and approximately $15 million to provide additional capital to fund future data center expansions.ALOG serves approximately 1,000 customers across its two data centers in Sao Paulo and Rio de Janeiro. In June 2011, ALOG plans to open the first phase of its third data center, which...

Force10 Outlines its Open Cloud Framework

Force10 Networks introduced its Open Cloud Networking (OCN) vision for cloud and conventional data centers built on open architectures, open automation, and open ecosystems. Force10's OCN framework represents a new way to build, scale and manage data centers powered by a new family of centralized and distributed core switches, a top of rack (ToR) open cloud switch and automation software. The solutions address cloud, conventional, virtualized, and...

SoftLayers Opens Silicon Valley Data Center

SoftLayer Technologies opened a new data center in San Jose, California. The new facility has capacity for more than 12,000 servers in three data center pods. SoftLayer is featuring a dual-path network structure, including redundant network interface cards (NICs) in every server, enabling customers to select up to 2G of connectivity for any SJC01 server. The facility is SoftLayer's first data center in California. It is fully connected to SoftLayer's...

Hackers Penetrate Sony's PlayStation Network

Hackers have penetrated Sony's PlayStation Network and potentially access to personal information and credit card data of tens of millions of accounts. Sony's PlayStation Network enables users of the PlayStation 3 console to join online games, download content and watch streaming movies from Netflix. In a blog posting, Sony said the intrusion occurred between April 19 and April 19. Data compromised includes: name, address, country, email, birthdate,...

CableLabs Tests DOCSIS Provisioning of EPON

Earlier this month, CableLabs hosted the second DOCSIS Provisioning of EPON (DPoE) interoperability testing event, focusing on on the DPoE v1.0 specifications. In addition to providing provisioning requirements for Ethernet Passive Optical Network (EPON) equipment, version 1.0 of the DPoE specifications defines requirements and functionality to support Metro Ethernet services such as Ethernet Private Line (EPL).The second DPoE interop event attracted...