Wednesday, April 18, 2012

Spirent to Acquire Mu Dynamics for $40 Million

Spirent Communications agreed to acquire Mu Dynamics, which offers a network security and application performance testing tools, for $40.0 million in cash. Mu Studio, the company's flag ship product line, enables performance and security testing of cloud infrastructure, including network security systems, deep packet inspection (DPI) solutions, and LTE networks. Its Blitz is a self-service load and performance testing solution for cloud applications....

Windstream Announces New Carrier Switched Ethernet Solution

Windstream introduced a wholesale Carrier Switched Ethernet service that provides other carriers with access to Windstream’s ILEC footprint. Carrier Switched Ethernet provides wholesale carriers access to 980 exchanges within the Windstream network. With the solution, interconnect ports of 100 Mbps, 1 Gbps, and 10 Gbps are available, and end user loops from 3 Mbps to 1 Gbps are supported. "To have a competitive advantage in today’s market, carriers must have the ability to provide end-user-to-WAN connectivity to their customers," said Don Perkins,...

Ixia Hits Q1 Revenue of $85.6 Million

Ixia reported Q1 2012 revenue of $85.6 million, compared with $78.5 million reported for the 2011 first quarter and $83.7 million reported for the 2011 fourth quarter. On a GAAP basis, the company recorded net income for the 2012 first quarter of $4.4 million, or $0.06 per diluted share, compared with net income of $7.1 million, or $0.10 per diluted share, for the 2011 first quarter "In the first quarter, we achieved record revenue primarily driven by a robust quarter in Japan as well as the strong sales of our LTE solutions worldwide," commented...

NSN Tunes TD-LTE for 1.9 GHz Frequency Bands

Nokia Siemens Networks is extending its TD-LTE to the 1.9GHz frequency bands. The move allows operators to use existing 1.9GHz spectrum allocations to provide TD-LTE services. The 1.9GHz TD-LTE support is provided via the company’s Flexi Multiradio 10 Base Station. China Mobile, the world's largest operator, has specific plans to evolve its TD-SCDMA network to dual-mode, supporting both TD-SCDMA and TD-LTE services in the 1.9GHz band via a simple...

Bytemobile Extends its Adaptive Traffic Management System

Bytemobile has extended its Adaptive Traffic Management System for ensuring quality of experience (QoE) in mobile networks with two new products for 3G and 4G networks. Introduced last year, Bytemobile's T3100 Adaptive Traffic Manager, which was the first product in the series, is an in-line platform designed to automatically adapt and manage all mobile IP traffic based on real-time network conditions. The NEBS Level 3-compliant platform integrates...

Alvarion Appoints New CEO

Alvarion has appointed Hezi Lapid as its new CEO, replacing Eran Gorev who decided to leave the company to pursue other interests, having completed the initial phases of a strategic transformation of the company. Mr. Lapid most recently served as Chairman and CEO of Axerra Networks, a provider of carrier network equipment. Prior to joining Axerra, he headed multiple business units as an executive of ECI Telecom Ltd. from 1995 until 2003. He also served as CEO of C. Mer Industries, a global system integrator delivering turn-key solutions for wireless...

Orange Business Services and Verizon Enterprise Link Cisco Telepresence

Orange Business Services and Verizon Enterprise Solutions announced an interprovider connectivity agreement enabling Verizon Immersive Video Exchange customers and Orange Telepresence Community customers to collaborate via video meetings with a greater pool of participating customers, partners and suppliers worldwide, using Cisco TelePresence endpoints.Andrew McFadzen, head of International Network Solutions at Orange Business Services, said: “Orange...

Riverbed Posts Revenue of $182 Million, up 12%

Riverbed posted GAAP revenue of $182 million for Q1 2012, compared to $164 million in the first quarter of 2011, representing 12% year-over-year growth. GAAP net income for Q1'12 was $7 million, or $0.04 per share, compared to GAAP net income of $13 million, or $0.08 per diluted share, last year.“In a seasonally difficult quarter, we completed a major product cycle and achieved results within our guidance range," said Jerry M. Kennelly, Riverbed president and CEO. “Looking ahead, we expect our new Steelhead, Granite, and Cascade products, along...

Extreme Networks Sees Sales Shortfall for Q1

Extreme Networks announced preliminary financial results for its 2012 fiscal third quarter ended April 1, 2012. For the quarter, total net revenue will be in the range of $73.0-73.5 million, as compared to $75.7 million in the third quarter of fiscal 2011 and previous guidance of $80-85 million for the quarter. In addition, estimated non-GAAP EPS per diluted share is $0.04 per share versus a loss of $0.05 per share in the third quarter of fiscal 2011 and previous guidance in the range of $0.06-0.08 per share. "I am disappointed that we have...

Cox Invests in InSite Wireless Group for Towers

Cox Enterprises announced an investment in InSite Wireless Group, which owns and operates wireless communication tower site facilities and distributed antenna systems (DAS) across the United States, Puerto Rico, and the U.S. Virgin Islands. Cox Communications (CCI) will contribute approximately 150 of its existing wireless towers while Cox Enterprises (the parent firm) will make an additional cash investment in InSite. Terms of the agreement were...

NYT: Cisco Memo Outlines SDN Plans

The New York Times published details from a Cisco internal memo address that discusses the company's strategy with regards to software defined networking. According to the "all hands" memorandum, Cisco believes it is well positioned because of its customer accounts, its operating system, its ASICs and its engineering expertise. The company has SDN development work underway on a number of fronts and has funded an internal start-up called Insieme that will also address network programmability. http://bits.blogs.nytimes.com/2012/04/19/cisco-ann...

Nokia Sees Increasing Challenges as Revenue Falls 29%

Citing fierce competitive pressure, Nokia reported Q1 2012 revenue of EUR 7.354 billion, down 29% from the EUR 10.399 billion a year ago, and down 26% from the preceding quarter. Nokia reported an operating loss of EUR 1.340 billion for the quarter, compared to a loss of EUR 954 million in Q4 2011. The company has net cash of EUR 4.872 billion remaining on its balance sheet, compared to EUR 6.372 billion a year ago. "We are navigating through...

Verizon Reaches 47% Smartphone Penetration, LTE at 9% of Post Paid Base

Driven by a 7.7% increase in wireless service revenues and continued gains in FiOS, Verizon Communications reported double-digit percentage growth in year-over-year quarterly earnings results and increased cash flow in first-quarter 2012. "We built momentum coming out of 2011, and our results show that we continue to execute in the key growth areas of our business. Verizon Wireless produced both great growth and great margins, and we produced...