Ceragon Posts Q3 Sales of $116 Million

Ceragon Networks reported record Q3 revenues of $116.1 million, up 86% from $62.3 million for the third quarter of 2010, and up 5% from $110.4 million in the second quarter of 2011. Net loss (GAAP) was ($6.7) million or ($0.19) per basic share and diluted share, compared to net income of $4.6 million in the third quarter of 2010, or $0.13 per basic share and diluted share. Gross margin on a GAAP basis in the third quarter of 2011 was 29.7% of revenues, compared to GAAP gross margin of 21.4% in the second quarter of 2011. Cash and cash investments...

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Private Investors to Acquire Tekelec for $780 Million

A consortium led by Siris Capital Group has proposed to acquire Tekelec for approximately $780 million, or $11.00 per share in cash, representing an 11% premium over the closing price on November 4, 2011, and a 38% premium over the 30 day trading average.Last month, Tekelec announced a $20 million Diameter Signaling Router related order, the largest Diameter Signaling Router order in its history. Following the buyout, Tekelec's management team is...

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Ericsson: 40% of Smartphone Users Check Email Before Getting Out of Bed

Ericsson issued a new Traffic and Market Data report based on measurements it conducts with major carriers worldwide.Some key findings:Total smartphone traffic will triple in 2011.Global mobile penetration is now at 82 percent. The total number of mobile subscriptions worldwide is at around 5.8 billion. Around 75 percent of subscriptions are GSM. 14 percent are WCDMA/HSPA. Mobile data surpassed voice in Q4 2009 and doubled voice in Q1 2011.Mobile...

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Rackspace Sees Continued Growth in Data Center Hosting

Rackspace Hosting is now home to 78,717 servers, up from 74,028 servers at the end of the previous quarter, and total customers increased to 161,422, up from 152,578 at the end of the previous quarter. Net revenue for the third quarter of 2011 was $265 million, up 7.0% from the previous quarter and 32.5% from the third quarter of 2010. Adjusted EBITDA for the quarter was $88 million, a 7.8% increase compared to the second quarter of 2011 and a 28.5% increase compared to the third quarter of 2010. http://www.rackspace....

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Ceragon Posts Q3 Sales of $116 Million

Ceragon Networks reported record Q3 revenues of $116.1 million, up 86% from $62.3 million for the third quarter of 2010, and up 5% from $110.4 million in the second quarter of 2011. Net loss (GAAP) was ($6.7) million or ($0.19) per basic share and diluted share, compared to net income of $4.6 million in the third quarter of 2010, or $0.13 per basic share and diluted share. Gross margin on a GAAP basis in the third quarter of 2011 was 29.7% of revenues, compared to GAAP gross margin of 21.4% in the second quarter of 2011. Cash and cash investments...

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Private Investors to Acquire Tekelec for $780 Million

A consortium led by Siris Capital Group has proposed to acquire Tekelec for approximately $780 million, or $11.00 per share in cash, representing an 11% premium over the closing price on November 4, 2011, and a 38% premium over the 30 day trading average.Last month, Tekelec announced a $20 million Diameter Signaling Router related order, the largest Diameter Signaling Router order in its history. Following the buyout, Tekelec's management team is...

Read More

Ericsson: 40% of Smartphone Users Check Email Before Getting Out of Bed

Ericsson issued a new Traffic and Market Data report based on measurements it conducts with major carriers worldwide.Some key findings:Total smartphone traffic will triple in 2011.Global mobile penetration is now at 82 percent. The total number of mobile subscriptions worldwide is at around 5.8 billion. Around 75 percent of subscriptions are GSM. 14 percent are WCDMA/HSPA. Mobile data surpassed voice in Q4 2009 and doubled voice in Q1 2011.Mobile...

Read More

Rackspace Sees Continued Growth in Data Center Hosting

Rackspace Hosting is now home to 78,717 servers, up from 74,028 servers at the end of the previous quarter, and total customers increased to 161,422, up from 152,578 at the end of the previous quarter. Net revenue for the third quarter of 2011 was $265 million, up 7.0% from the previous quarter and 32.5% from the third quarter of 2010. Adjusted EBITDA for the quarter was $88 million, a 7.8% increase compared to the second quarter of 2011 and a 28.5% increase compared to the third quarter of 2010. http://www.rackspace....

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Telefónica Invests in Quantenna for "Full-11n" 5GHz chipsets

Telefónica has made a strategic investment in Quantenna Communications, a start-up based in Fremont, California that specializes in "ultra-reliable" Wi-Fi networking for whole home entertainment. The partnership gives Telefónica access to the latest Quantenna technology for the deployment of high performance video services to the home. Financial terms were not disclosed. Quantenna's family of "Full-11n" 5GHz chipsets uses the company's cost-optimized,...

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Mu Dynamics Deliver LTE Network Simulation for Stress Testing

Mu Dynamics introduced a testing solution that uses real application traffic to quickly determine how mobile users and devices impact 4G LTE networks. The new Mu Studio for LTE, which was developed in partnership with Aricent, allows the operator to simulate hundreds of popular applications over GTP tunnels, thereby providing a unique insight into how applications impact the mobile network from a performance and security standpoint. By using...

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GE Teams with Juniper on Ruggedized Routers for the Military

GE Intelligent Platforms is collaborating with Juniper Networks (to develop a family of rugged, highly secure routing and network security appliances designed for military/aerospace deployment in harsh environments where security of data is paramount. With military forces increasing adopting network-centric approach to battlefield operations and systems design, the companies see a requirement for purpose-built rugged routers with advanced security...

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