Cavium Posts Q3 Revenue of $67.7 Million

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...

Read More

Novatel Wireless' MiFi Shipments Hit 3 Million

Novatel Wireless 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."Three years ago we introduced...

Read More

Aviat Networks Appoints President & CFO

Aviat Networks appointed Edward J. ('Ned') Hayes, Jr. as senior vice president and chief financial officer. Previously, Hayes spent the last five years as the chief financial officer at Pillar Data Systems, Inc., an enterprise data storage company, until its recent acquisition by Oracle Corporation. Before joining Pillar Data, he served as executive vice president and chief financial officer of Quantum Corporation, a $1B data storage company publicly traded on the NYSE. Mr. Hayes also served as president and chief executive officer of DirecTV...

Read More

Leap Wireless Gains Momentum in Q3, First LTE Deployment Later this Year

Leap Wireless reported Q3 revenue of $717.3 million, up 19.4% over the same period last year. Adjusted operating income before depreciation and amortization (OIBDA) for Q3 was $154.3 million, a 25.2 percent increase over the third quarter of 2010. Leap Wireless saw 666,000 gross customer additions for the quarter, ending the period with 5,755,000 customers. The company also reported approximately 666,000 gross customer additions for the quarter....

Read More

Mendix Raises $13 Million for PaaS

Mendix, a start-up based in Boston, raised $13 million in series A funding for its Platform-as-a-Service (PaaS).the Mendix Agile Business Platform helps companies rapidly develop, deploy and integrate applications at a fraction of the time of existing tools and platforms. Mendix applications can then be deployed in the cloud, on mobile devices or locally at the customer's site.The funding was led by Prime Ventures, with HENQ Invest following on its...

Read More

Integra Telecom Expands Ethernet Portfolio with ADTRAN

Integra Telecom, which operates in 11 states across the western U.S., has partnered with ADTRAN to bolster its Ethernet Services. Specifically, Integra is deploying the ADTRAN Total Access 5000 to bring Ethernet Services to nearly 300 central offices using Ethernet over TDM (EoTDM) technology. The ADTRAN platform provides support for Ethernet over direct fiber, optical wavelengths (C/DWDM), copper (e.SHDSL, ADSL2+, VDSL2), SONET, and TDM (DS1/E1, DS3). Financial terms were not disclosed.“Integra's ability to extend a network-wide deployment...

Read More

Cavium Posts Q3 Revenue of $67.7 Million

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...

Read More

Novatel Wireless' MiFi Shipments Hit 3 Million

Novatel Wireless 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."Three years ago we introduced...

Read More

Aviat Networks Appoints President & CFO

Aviat Networks appointed Edward J. ('Ned') Hayes, Jr. as senior vice president and chief financial officer. Previously, Hayes spent the last five years as the chief financial officer at Pillar Data Systems, Inc., an enterprise data storage company, until its recent acquisition by Oracle Corporation. Before joining Pillar Data, he served as executive vice president and chief financial officer of Quantum Corporation, a $1B data storage company publicly traded on the NYSE. Mr. Hayes also served as president and chief executive officer of DirecTV...

Read More

Leap Wireless Gains Momentum in Q3, First LTE Deployment Later this Year

Leap Wireless reported Q3 revenue of $717.3 million, up 19.4% over the same period last year. Adjusted operating income before depreciation and amortization (OIBDA) for Q3 was $154.3 million, a 25.2 percent increase over the third quarter of 2010. Leap Wireless saw 666,000 gross customer additions for the quarter, ending the period with 5,755,000 customers. The company also reported approximately 666,000 gross customer additions for the quarter....

Read More

Mendix Raises $13 Million for PaaS

Mendix, a start-up based in Boston, raised $13 million in series A funding for its Platform-as-a-Service (PaaS).the Mendix Agile Business Platform helps companies rapidly develop, deploy and integrate applications at a fraction of the time of existing tools and platforms. Mendix applications can then be deployed in the cloud, on mobile devices or locally at the customer's site.The funding was led by Prime Ventures, with HENQ Invest following on its...

Read More

Integra Telecom Expands Ethernet Portfolio with ADTRAN

Integra Telecom, which operates in 11 states across the western U.S., has partnered with ADTRAN to bolster its Ethernet Services. Specifically, Integra is deploying the ADTRAN Total Access 5000 to bring Ethernet Services to nearly 300 central offices using Ethernet over TDM (EoTDM) technology. The ADTRAN platform provides support for Ethernet over direct fiber, optical wavelengths (C/DWDM), copper (e.SHDSL, ADSL2+, VDSL2), SONET, and TDM (DS1/E1, DS3). Financial terms were not disclosed.“Integra's ability to extend a network-wide deployment...

Read More

AT&T Readies Two Android LTE Smartphones

AT&T introduced two new Android smartphones for its LTE network: the HTC Vivid and Samsung Galaxy S II Skyrocket. The HTC Vivid, powered by a dual core 1.2 GHz processor and a brilliant 4.5-inch qHD display, is priced at $199.99 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. In addition,...

Read More

BT Accelerates FTTH Rollout - Recruits Military Personnel

BT is accelerating its rollout of fibre broadband services. The company now plans to deliver fibre broadband to two thirds of UK premises by the end of 2014, one year ahead of its original target of 2015. To help achieve this, BT will recruit a further 520 engineers to assist with the deployment, most of whom will be ex-armed forces. “Our roll-out of fibre broadband is one of the fastest in the world and so it is great to be ahead of what was an...

Read More

SolidFire Raises $25 Million for SSD for Cloud Providers

SolidFire, 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,SolidFire has developed a Flash based storage node and an Element Operating System to solve the unique technical and economic requirements of primary block storage in the cloud. Storage systems (clusters) are built through the combination of multiple SF3010 Storage Nodes over...

Read More

T-Labs Expands its Research Focus

"Innovation" has been added to the name of Deutsche Telekom's T-Labs division to indicate a new direction. 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...

Read More

Russia's TransTeleCom Chooses Juniper Edge Routers

Russia's TransTeleCom has selected Juniper Networks' MX Series 3D Universal Edge Routers to provide the Ethernet bandwidth required to ensure high-speed connectivity while delivering innovative applications and services such as IP-VPN, L2-VPN, video conference across Russia and IP-transit to its subscribers across 75,000 km of cables running along railway lines and 1,000 access nodes. http://www.juniper.net ...

Read More

Radisys Teams with Cavium on Ultra-High Capacity DPI

Radisys introduced an AdvancedTCA product based on the new Cavium NEURON Search Processor. The new solution is based of the Radisys ATCA-7240, a versatile full-duplex 40G packet processing module that provides a complete line-rate solution for applications such as Serving Gateways (SGW), Session Border Control (SBC), Security Gateways, DPI, Edge Routers, Media Gateways and Mobility Management Entity (MME) network elements found in the 4G Long...

Read More

Cavium Ships 64-core NITROX III Security Processor

Cavium has begun shipping its new NITROX III security processors, which integrate 16 to 64 purpose-built security RISC cores and multiple compression engines to deliver up to 200K SSL ops, 40Gbps SSL and IPSec and 20Gbps compression processing along with virtualization hardware with a PCI-Express Gen 2 16-lane interface. Cavium calculates that the level of performance in these new processors is up to 5 times greater than alternative multi-chip solutions within the same power envelope. http://www.cavium.com ...

Read More

Juniper Networks Expands Mobile Security Partnership with Samsung

Juniper Networks announced an expansion of its partnership with Samsung to deliver mobile security, secure connectivity and device management capabilities for enterprise customers of Samsung high-end smart mobile devices, starting with GALAXY Note, GALAXY SII and GALAXY Tab 10.1. The companies said their expanded partnership builds on existing efforts to provide Juniper Networks Junos Pulse and Junos Pulse Mobile Security Suite full line of features...

Read More

Southern Cross Cables Upgrades with Ciena

Southern Cross Cables will increase capacity on all of its network segments between Australia, New Zealand and the United States, including one that spans more than 8,000 kilometers, using Ciena's 40/100G coherent optical solutions. The upgrade also includes implementation of Ciena's multi-protocol switching platform to enhance the network's survivability, efficiency, and intelligence. Financial terms were not disclosed. http://www.ciena....

Read More

Infonetics: 100G ramp-up will be faster than 40G

Infonetics Research is predicting that the global market for 10G, 40G, and 100G optical transceivers will grow to $2.6 billion by 2015, more than doubling from 2010, when the market was $1.2 billion. Already, optical transceiver revenue is up 35% in the first half of 2011 (1H11) compared to the first half of 2010 (1H10).img border="0" src="https://dl.dropbox.com/u/11402824/CND/infonetics-31oct11.jpg" align="right">Some highlights from the company's latest 10G/40G/100G Optical Transceivers Market Size and Forecast:By 2015, the 40G and 100G segments...

Read More