Monday, April 2, 2012

PureWave Secures $5 Million for Small Cell Base Stations

PureWave Networks, a start-up based in Santa Clara, California, secured $5 million in Series C funding from existing and new investors for its 4G wireless base stations. The funding will be used to continue the development and commercialization of its new line of small cell LTE base stations, as well as to grow the company’s market presence in key markets."Our sales have increased roughly fourfold in 2011 and we expect them to double again this...

Verizon's Terremark Launches Single-Tenant Private Cloud

Verizon's Terremark division introduced the latest addition to its secure cloud offerings – Enterprise Cloud Private Edition. The service is designed as a single-tenant environment to meet the security compliance requirements of many large enterprises and government agencies.Enterprise Cloud Private Edition is an extension of the company’s hybrid cloud strategy, offering customers the capability of migrating application workloads between traditional...

Pertino Raises $8.85 million for SDN

Pertino, a start-up based in Cupertino, California, announced $8.85 million in Series A funding to back its cloud networking innovations. The company is working on software-defined networking for enterprises. Product plans have not yet been made public.Pertino is led by Craig Elliott, formerly CEO of Packeteer and International General Manager of Apple’s internet and online services.The funding came from Norwest Venture Partners (NVP) and Lightspeed...

Union Members Call for Strike at AT&T Midwest

With their current contract set to expire on April 7th and negotiations at an impasse, unionized members of the Communications Workers of America at AT&T Midwest have voted to authorize CWA leaders to call a strike if a fair contract cannot be reached. Ninety-two (92) percent of voting AT&T Midwest members approved the strike authorization.About 15,000 CWA-represented workers are at AT&T Midwest in Ohio, Indiana, Illinois, Michigan and...

Saudi Telecom CEO to Step Down

Saudi Telecom CEO Saud AL Daweesh announced his intention to retire. Over the past six years as CEO, AL Daweesh has helped transform STC into an international powerhouse with over 160 million subscribers and 19 operations in south East Asia, The Middle East, Turkey and Africa. http://www.stc.com...

GSMA Predicts Rapid Mobile BB Growth in India

The number of 3G HSPA subscribers in India has passed the 10 million mark and this number will grow to 100 million by 2014, predicts the GSMA. This will make India the largest HSPA market worldwide within the next two years, surpassing China, Japan and the US in the process."The mobile industry in India is set for immense growth as Mobile Broadband technologies such as HSPA and LTE start to proliferate, but there is scope for far greater development,"...

Equinix Builds Out Data Center in Sydney

Equinix has accelerated construction of phase two of its third Sydney International Business Exchange (IBX®) data centre. Equinix cited high demand for premium colocation and interconnection services from cloud and financial service providers. The company is investing an additional US$50 million into the expansion of SY3, doubling the number of cabinets to 2,000. The expansion capital required is already reflected in the company’s 2012 guidance.http://www.equinix....

GENBAND Acquires Aztek Networks

GENBAND has acquired Aztek Networks, a supplier of switch consolidation and network migration solutions, for an undisclosed sum.Aztek Networks supplies Emergency Stand Alone (ESA) switches that are environmentally hardened, fully redundant and designed to ensure public safety by constantly maintaining local calling capabilities and subscriber access to emergency 911 services in the event the link to the primary host switch is severed due to an accident...

Sigma Designs to Acquire Trident's Digital TV

In a bankruptcy proceeding, Sigma Designs was the successful bidder to acquire certain assets of Trident Microsystems' Digital Television (DTV) Business, which includes certain products, licensed intellectual property, software, working capital assets and leased facilities. The deal was for $21 million in cash plus assumption of specified liabilities upon the closing of the transaction. Trident’s DTV Business supplies global System-on-a-Chip (SoC) products for set top boxes. Sigma expects to make employment offers to approximately 300 employees...

EB Updates its Military Tough VoIP Desktop and Field Phone

EB, Elektrobit Corporation, introduced its next generation of EB Tough VoIP Field Phone and EB Tough VoIP Desktop Phone for military deployment. EB Tough VoIP Field Phone and EB Tough VoIP Desktop Phone are both equipped with an integrated speaker and Ethernet connectivity. EB Tough VoIP Field Phone is also equipped with SHDSL connectivity. The units can be configured to have e.g. optical Ethernet connectivity.The enhanced features of the next generation...