Monday, October 17, 2011

Powerwave Misses on Q3 Revenue Citing Delayed Wireless Rollouts

Powerwave Technologies released preliminary revenue estimates for its fiscal third quarter ended October 2, 2011, saying that it now anticipates that revenues will be in the range of $75 million to $79 million -- well below market expectations.Powerwave makes antennas and base station components for network equipment manufacturers. The cited a number of several factors, including a significant slowdown in spending by North American network operators, a significant reduction in activity with original equipment manufacturing customers, coupled with...

Samsung and Google Unveil Nexus Ice Cream Sandwich Smartphone

Samsung and Google unveiled the new flagship GalaxyNexus smartphone at an event in Hong Kong.Key features:LTE and HSPA+ connectivity4.65-inch HD Super AMOLED Screen with 720p resolution1.2GHz dual-core processorAndroid 4.0 Ice CreamNFC supportWi-Fi hotspotFacial recognition to unlock the phoneTight integration with Google services, including GoogleTalk, Gmail, Google+, Google Maps, Android marketWiFi 802.11 a/b/g/nBuilt-in data usage trackingAndroid...

Juniper Posts Q3 Revenue of $1.1 Billion, up 9% from 3Q10

Juniper Networks reported Q3 2011 revenue of $1,106 million, up 9% n a year-over-year basis, and down 1% sequentially. Net income was $83.7 million, or $0.16 per diluted share, and non-GAAP net income of $149.8 million, or $0.28 per diluted share, for the third quarter of 2011. Included in the GAAP diluted income per share for the quarter is a $0.02 dilutive impact associated with restructuring activities."Juniper executed well this quarter, and...

ARM and TSMC Tape Out First 20nm ARM Cortex-A15

ARM and TSMC taped out the first 20nm ARM® Cortex-A15 MPCore™ processor. The next step is for ARM to optimize its physical IP technology to specific TSMC 20nm process technologies for Power, Performance and Area (PPA), driving the specification of the Cortex-A15 Processor Optimization Pack (POP). The companies noted that TSMC's 20nm process provides more than a 2X performance increase over preceding generations. http://www.arm....

RIM Unveils BBX -- its Next Gen BlackBerry Platform

Research in Motion introduced its next generation mobile platform for BlackBerry smartphones and tablets.Key features of BBX include support for HTML5 with BlackBerry WebWorks, Adobe AIR, Native C/C++, and the BlackBerry Runtime for Android Apps. Apps built today for the BlackBerry PlayBook tablet will also run on BBX.The release date has not yet been specified.http://devblog.blackberry.c...

Verizon Wins 5-Year Cloud Deal with ARINC for Airline Check-in

Verizon has been awarded a five year contract to provide ARINC with cloud services through Verizon's Terremark IT services subsidiary for the delivery of ARINC's flagship airline check-in solution, vMUSE Enterprise.ARINC's vMUSE Enterprise application will be migrated to Terremark's Enterprise Cloud solution, which will be served from its Network Access Point (NAP) of the Americas in Miami. ARINC also plans to locate its vMUSE Enterprise application in Terremark's NAP do Brazil in Sao Paolo, setting the groundwork for an IT services cloud-delivery...

Telstra Shareholders Approve Decommission and NBN Plan

Shareholders in Telstra have voted to approve the company's participation in the roll out of the National Broadband Network (NBN), including the decommissioning of the company's copper network. The resolution on the NBN received the support of 99 percent of shareholders who have voted or lodged a proxy. “From the outset, we said we would put any proposal to cooperate with the NBN to shareholders – we consider the vote today as the most important...

Siklu Wireless Raises $19 Million for EtherHaul E-band radio

Siklu Wireless, a start-up based in Petach Tikva, Israel, raised $19 million in Series B funding for its EtherHaul E-band radios aimed at the mobile backhaul market.The Siklu EtherHaul radio operates in the relatively new and unused E-band wireless spectrum (71-76 GHz, 81-86 GHz and 92-95 GHz). It delivers Gigabit speeds and is aimed at urban wireless backhaul of macro, micro and pico-cell. New investors in this round include Amiti Ventures, Qualcomm...

Infinera Posts Q3 Revenue of $104 Million

Infinera reported Q3 2011 revenue of $104.0 million compared to $96.0 million in the second quarter of 2011 and $130.1 million in the third quarter of 2010. GAAP gross margin for the third quarter of 2011 was 39% compared to 39% in the second quarter of 2011 and 50% in the third quarter of 2010. GAAP net loss for the quarter was $21.8 million, or $(0.21) per share, compared to net loss of $24.2 million, or $(0.23) per share, in the second quarter of 2011 and net income of $4.4 million, or $0.04 per diluted share, in the third quarter of 2010.“We...

Cisco Scales Data Center Fabric to over 12,000 10GE Ports

Cisco is scaling its Unified Fabric data center architecture to support over 12,000 10GE server ports in a single fabric using its Nexus series switches -- this is double the capacity of Juniper's Qfabric, according to the company. Cisco promises to deliver the solution at lower cost than its competitor as well.The new data center fabric scalability is provided in second generation capabilities for Cisco FabricPath in Nexus 7000 Series and Nexus5500...

Benu Targets Mobile Edge Gateways

Benu, a start-up based in Billerica, Mass., is building a new Mobile Edge Gateway (MEG) for 4G Evolved Packet Core (EPC) networks.Benu's Mobile Edge Gateway (MEG) is a carrier-grade, purpose-built hardware and software platform that dynamically instantiates standard EPC network functions, including a Serving Gateway (SGW), PDN Gateway (PGW), Security (SeGW), and a full Service Edge Router (SER). Its architecture leverages a unique Secure Distributed...

Motorola RAZR -- 7mm LTE Smartphone

Motorola Mobility has brought back its iconic RAZR brand in a new Android 2.3.5 smartphone measuring only 7.1mm at its thinnest. Verizon Wireless will begin carrying a 4G LTE version.The new RAZR features:WCDMA 850/2100/1900/900, GSM 900/850/1900/1800, HSDPA 14.4 Mbps (Category 10), EDGE Class 12CDMA800,CDMA1900,LTE B13 700dual-core 1.2 GHz processor 1GB of RAM Android 2.3.5 (Gingerbread)8-megapixel rear-facing camera with 1080p video capture Front-facing...

Vitesse Hits Milestone in EPON Optical Line Termination Ports

Vitesse Semiconductor has shipped more than five million of its VSC7716 burst-mode transimpedance amplifiers (TIAs) for Ethernet Passive Optical Network (EPON) in Fiber-to-the-X (FTTX) applications. "The VSC7716 is a field-proven TIA that exceeds IEEE Ethernet PON (EPON or GEPON) 802.3ah requirements, giving customers broad flexibility in FTTX applications," said Richard Interrante, director of product marketing for Vitesse. "The VSC7716's zero reliability failure rate in the field is further testament to the device as an industry benchmark solution."The...

Investors Pour $250 Million into Dropbox

Dropbox, a start-up based in San Francisco, raised $250 million in Series B financing for its online storage service. Dropbox currently has 45 million users who are collectively saving one billion files every three days. The company offers 2GB of free storage for Windows, Mac, Linux and mobile users. Subscriptions up to 100GB available. The service easily lets users share large files will friends, classmates and colleagues. Dropbox is seeking...