Cavium Networks reported Q3 sales of $67.7 million, a 5.4% sequential decrease from the $71.6 million reported for the second quarter of 2011 and an increase of 22.7% from the $55.2 million reported for the third quarter of last year.  Net income for the third quarter of 2011, on a GAAP basis, was $6.0 million, or $0.12 per diluted share, compared to net income of $1.9 million, or $0.04 per diluted share in the second quarter of 2011, and a net income of $5.0 million, or $0.10 per diluted share in the third quarter of last year. 
Though revenues this quarter were in line with the updated financial outlook we provided in September, they were weaker than originally expected, in the enterprise market as well as recognized software services revenue. Sales into the enterprise market were affected by a larger than expected impact of a hub transition at one of our major customers as well as lower demand from other enterprise customers as they adjust their supply chain inventory due to the softer demand environment�?, said Syed Ali, President and CEO of Cavium. http://www.cavium.com
Though revenues this quarter were in line with the updated financial outlook we provided in September, they were weaker than originally expected, in the enterprise market as well as recognized software services revenue. Sales into the enterprise market were affected by a larger than expected impact of a hub transition at one of our major customers as well as lower demand from other enterprise customers as they adjust their supply chain inventory due to the softer demand environment�?, said Syed Ali, President and CEO of Cavium. http://www.cavium.com
 
 announced that shipments of its MiFi Intelligent Mobile Hotspot have surpassed three million devices since product introduction in 2009.  The devices are currently sold by 25 carriers worldwide. The company owns significant intellectual property and holds numerous U.S. and international key patents and patent applications around core elements of the MiFi Intelligent Mobile Hotspot family of products.
 announced that shipments of its MiFi Intelligent Mobile Hotspot have surpassed three million devices since product introduction in 2009.  The devices are currently sold by 25 carriers worldwide. The company owns significant intellectual property and holds numerous U.S. and international key patents and patent applications around core elements of the MiFi Intelligent Mobile Hotspot family of products.

 The Samsung Galaxy S II Skyrocket, powered by a 1.5 GHz dual core processor and a 4.5-inch SuperAMOLED Plus display(800x480 pixels), costs $249.99 with a two-year commitment.
 The Samsung Galaxy S II Skyrocket, powered by a 1.5 GHz dual core processor and a 4.5-inch SuperAMOLED Plus display(800x480 pixels), costs $249.99 with a two-year commitment. 
 a start-up based in Boulder Colorado, raised $25 million in second round funding for its all-solid-state (SSD) primary storage systems for cloud service providers,
 a start-up based in Boulder Colorado, raised $25 million in second round funding for its all-solid-state (SSD) primary storage systems for cloud service providers, The new focus of the work at T-Labs is on the development of applications and services for interactive media and new telecommunications applications, as well as in the areas Connected Home, Machine-to-Machine (M2M), Smart Grid and Mobile Payment. It will continue focusing on cloud applications, the development of broadband networks and the optimization of Telekom's infrastructure. In addition, Heinrich Arnold has been appointed manager of the new T-Labs.
 The new focus of the work at T-Labs is on the development of applications and services for interactive media and new telecommunications applications, as well as in the areas Connected Home, Machine-to-Machine (M2M), Smart Grid and Mobile Payment. It will continue focusing on cloud applications, the development of broadband networks and the optimization of Telekom's infrastructure. In addition, Heinrich Arnold has been appointed manager of the new T-Labs.







 
 
 
 
 
