Monday, October 10, 2011

IBM to Acquire Platform Computing

IBM agreed to acquire Toronto-based Platform Computing, a developed cluster and grid management software for distributed computing environments. Financial terms were not disclosed.Platform Computing currently serves over 2,000 clients including 23 of the top 30 largest global enterprises. Example customers include CERN, Citigroup, Infineon, Pratt & Whitney, Red Bull Racing, Sanger Institute, Statoil and University of Tokyo. “IBM considers the acquisition of Platform Computing to be a strategic element for the transformation of HPC into the...

Progress on Africa Coast to Europe Submarine Cable

ACE, the Africa Coast to Europe submarine cable to be operational in the second half of 2012, landed today at the submarine cable station of Penmarc'h, Brittany, France.The 17,000 km cable will provide access to the global broadband network for the first time for Gambia, Guinea, Equatorial Guinea, Liberia, Mauritania, Sao Tome and Principe, and Sierra Leone. Mali and Niger will also be connected via the terrestrial network.At the Penmarc'h station,...

Washington Times: CIA Links Huawei to Chinese Intelligence Agency

The CIA-based Open Source Center has published a report linking Huawei Technologies with China's Ministry of State Security (MSS) Communications Department, according to The Washington Times. Huawei reportedly received $228.2 million from China's intelligence agency for research and development during the past three years has had close contact through its chairwoman, Sun Yafang. The report also alleges close ties with the People's Liberation Army. The report is seen as a set-back for Huawei's attempt to enter the U.S. telecom market, where it...

ARRIS to Acquire BigBand for $53 Million

ARRIS will acquire BigBand Networks (NASDAQ: BBND) for $2.24 per share in cash, equating to approximately $172 million, or $53 million net of estimated BigBand cash on hand.ARRIS said the acquisition will help it to better address upcoming video network evolution opportunities with a more complete offering. These opportunities include the Converged Cable Access Platform (CCAP) architecture defined by CableLabs, Local and Targeted Advertising, IP...

NYT's David Pogue: New iPhone Conceals Sheer Magic

Apple's new iPhone 4S earns a glowing review from New York Times columnist David Pogue, who describes Siri as "crazy good, transformative, category-redefining speech recognition."The positive review builds on news that the iPhone 4S is breaking all sales records.http://nyti.ms/p5j...

Neustar to Acquire TARGUSinfo for $650 Million

Neustar, a global leader in network addressing, routing and policy management, agreed to acquire TARGUSinfo, a leading, independent provider of real-time, on-demand information and analytics services including Caller ID, for approximately $650 million in cash.TARGUSinfo's services help its customers identify, verify, score and locate their customers and prospects. It processes over 100 billion transactions per year. The company generated approximately...

ADTRAN Posts Record Q3 Revenue -- $192 Million

ADTRAN's Q3 2011 sales increased 18% to an all-time record level of $192,194,000 for the quarter, compared to $162,957,000 for the third quarter of 2010. Net income increased to $36,213,000 for the quarter, compared to $32,084,000 for the third quarter of 2010. Earnings per share, assuming dilution, increased to $0.56 for the quarter, compared to $0.50 for the third quarter of 2010.ADTRAN Chief Executive Officer Tom Stanton stated, "Our Company's...

Box.net Raises $81 Million for its Cloud Storage

Box, a start-up based in Palo Alto, California, raised $81 million in a Series D Expansion round of funding.Box offers a cloud-based storage service that has attracted 7 million individuals and 100,000 businesses. The company reports 250,000 new users per month.It notes significant traction in the enterprise, with adoption in 77 percent of the Fortune 500, and large deployments with companies including AAA, Amylin Pharmaceuticals, and McAfee, as...

RIM Blames Second BlackBerry Outage on Switch Failure

Research in Motion suffered a second day of widespread outage and slow downs on its BlackBerry service across multiple carrier networks in Europe, the Middle East, Africa, India, Brazil, Chile and Argentina. In a tweet, the company blamed the problems on a core switch failure in its infrastructure. http://www.rim....

BelAir's LTE+3G+Wi-Fi Metrocell Also Integrates Backhaul

BelAir Networks introduced a compact LTE+3G+Wi-Fi Metrocell featured integrated wireless backhaul and designed for massive, city-wide, small cell deployments. The new BelAir2100 LTE/3G/Wi-Fi Metrocell, which builds on the company's existing portfolio of Carrier Wi-Fi solutions, supports multiple licensed bands, Carrier Wi-Fi access and a range of integrated wireless and wireline backhaul options in a small, robust and easy to install base station....

Verizon Wireless Accelerates Bring-Your-Own-Device Trend with Mobile UC Client, Docking Station

Verizon Wireless introduced a Mobile Unified Communications Client (Mobile UC) for Android smartphones, making an employee's personal mobile number and business landline number both instantly accessible from the device. There is a $7 per month charge to use the client.Calls initiated from the mobile phone's business identity are routed through the existing corporate IP PBX system and display the employee's business number to callers. Employees...

Sprint Sets Climate Protection Commitments

Sprint has joined the World Wildlife Fund's Climate Savers program and set targets for reducing its greenhouse gas (GHG) emissions. Sprint's commitments include:Reducing Sprint's own greenhouse gas emissions by 20 percent by 2017. Sprint said its Network Vision architecture will be a driver toward reaching this goal.Partnering with device manufacturers and suppliers to measure, report and reduce their emissions.Identifying opportunities to reduce...

Narus Delivers Deep Analysis of IP Traffic

Narus has introduced a cyber analytics application built on its flagship NarusInsight Traffic Intelligence system and designed to deeply analyze IP traffic in real time. The application provides security analysts with unparalleled insight into suspicious, malicious and anomalous network traffic to accelerate investigations. The NarusInsight CyberAnalytics application examines enormous amounts of network traffic data quickly, reducing the time needed...

Narus Releases Early-Warning System for Cyber Attacks

Narus released its next generation cyber protection application built on its NarusInsight Traffic Intelligence system and designed to provide network operators with an early-warning system for cyber attacks such as advanced persistent threats. The NarusInsight CyberProtection solution provides unprecedented visibility into the network, real-time traffic baselining, pinpoint alerting and continuous monitoring using patented adaptive anomaly detection...