Cavium's OCTEON Sees Small Cell LTE Traction in Korea

Cavium announced that its OCTEON Fusion base-station-on-a-chip solution will be powering the 4G/LTE small cell deployment for SK Telecom, the largest mobile service provider in Korea.Cavium also confirmed that KT has the OCTEON Fusion platform for the first stage of commercial deployment of LTE small cells.The OCTEON Fusion processors combine OCTEON's L2-L7 multi-core technology, along with purpose-built, highly programmable L1 baseband DSP cores...

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Pacific Fibre Ceases Operations Due to Lack of Funding

Pacific Fibre, which was planning the longest and most technically advanced undersea cable systems linking Australia, New Zealand and USA, has ceased operations after failing to raise the NZ$400m required to fund the cable build. The company had been planning a two-cable system linking Australia and New Zealand via a trans-Tasman cable, and another cable connecting New Zealand to the United States.“The global investment market is undoubtedly...

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Extreme Networks Post Revenue of $87.6 Million

Extreme Networks reported quarterly net revenue of $87.6 million as compared to $73.4 million in the previous fiscal quarter and $89.8 million for the same period last year. GAAP net income was $7.8 million or $0.08 per diluted share."Q4 results were in-line with our targets and we are encouraged by the progress we have made in our financial results," said Oscar Rodriguez, President and CEO of Extreme Networks. "Over the last fiscal year, we have...

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Japanese Companies Form Mobile Semiconductor Joint Venture

Fujitsu, NTT DOCOMO, NEC and Fujitsu Semiconductor will form a joint venture to focus on the development and sales of semiconductors with built-in modem functions for use in communications equipment. The companies have previously collaborated on various designs. The joint venture aims to leverage this work, along with technologies individually held by the companies, to gain a competitive advantage in smartphones.The new Access Network Technology...

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Verizon Wireless in Consent Decree Concerning Tethering Apps

Verizon Wireless has accepted an FCC consent decree and agreed to pay a $1.25 million penalty after an investigation found that the company sought to block its LTE customers from accessing tethering apps.One of the conditions of licensing the 700-MHz C-block was that licensees offering service on C Block spectrum “shall not deny, limit, or restrict the ability of their customers to use the devices and applications of their choice on the licensee’s...

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Cavium Licenses ARMv8

Cavium confirmed that it is an architecture licensee for the ARMv8 architecture.The ARMv8 architecture features 64-bit execution, enabling processors based on the architecture to be able to combine 64-bit execution with 32-bit execution. It also bring the energy-efficient heritage of ARM processor technology to 64-bit computing. http://www.cavium.com http://www.arm.com 01-Aug-12 ...

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Amdocs Wins 5 Year Deal with TIM Brasil

Amdocs announced a five-year managed services agreement with TIM Brasil across its wireless, wireline and broadband lines of business. Specifically, Amdocs will manage TIM Brasil's operational support systems (OSS) across all lines of business, providing application development and maintenance as well as assuming responsibility for legacy systems and all third-party OSS vendor contracts. On the business support systems (BSS) side, Amdocs will manage...

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SiTime Signs Investment and Sales Deal with Vectron & Knowles Electronics

SiTime, which offers MEMS-based silicon timing solutions that replace legacy quartz products, announced a strategic partnership with Vectron International and Knowles Electronics. The partnership brings a cash investment by Vectron and Knowles.  In addition, both Vectron International and Knowles Electronics will sell MEMS timing products through their own direct sales channels, as well as support SiTime with future product developments....

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Cavium Posts Q2 Sales of $55 Million, up 4% Sequentially

Cavium posted Q2 sales of $55.3 million, a 4.8% sequential increase from the $52.7 million reported in the first quarter of 2012. Net loss (GAAP) was $11.8 million, or $(0.24) per diluted share, compared to $13.8 million, or $(0.28) per diluted share in the first quarter of 2012. Gross margins were 55.2% in the second quarter of 2012 compared to 46.9% in the first quarter of 2012. Total cash and cash equivalents were $61.4 million at June 30, 2012.http://www.cavium.com 01-Aug...

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