Riverbed to Acquire OPNET for Network Visibility and Performance

Riverbed Technology agreed to acquire OPNET for $43 per share in cash and stock, representing an equity value of $1 billion and an enterprise value of $921 million.  The deal will combine Riverbed's Cascade network performance management (NPM) business with OPNET's expertise in application performance management (APM) market.  The combination of Cascade and OPNET will have over $250 million in annualized revenue in a market...

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Gigamon Extends and Scales its Traffic Visibility

Gigamon has enhanced its Traffic Visibility Fabric solutions with a new, 400 Gbps processing card for its high-density, GigaVUE H Series chassis. The platform supports a range of GigaSMART applications to enable the deduplication, modification, manipulation and transport of network traffic as it is delivered to management, monitoring and security tools and systems. The enhancements represent the second step in Gigamon's four-phase evolution of...

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PMC Posts Q3 Revenue of $131.7 Million

PMC posted Q3 revenue of $131.7 million, a decrease of 4% compared to net revenues of $137.8 million in the second quarter of 2012 and a decrease of 24% compared to $173.3 million in the third quarter of 2011. GAAP net loss for Q3 was $274.4 million, or a loss of $1.31 per share. Third quarter GAAP results included impairment write-downs of goodwill and intangible assets of $276.1 million related to the Passave and Wintegra acquisitions, completed in 2006 and 2010, respectively. This compares to a GAAP net income of $26.5 million, or $0.12 per...

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Google Launches Nexus 4 Smartphone, No LTE

Google introduced its Nexus 4 smartphone, a 4.7" handset built by LG and powered by Qualcomm's quad core, Snapdragon S4 Pro processor. The phone is priced at $299 in the U.S. for an unlocked version. It uses GSM/HSPA+ radios but it does not offer LTE connectivity. The Nexus 4 runs Android 4.2 (Jelly Bean) and features integrated Google Maps, Gmail, Chrome, Play, etc. http://officialandroid.blogspot.c...

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China Telecom's Profit Slides as Revenues Rise

China Telecom reported Q3 revenue of CNY 71.9 billion, up 15.6% over the same period last year.  Profit attributable to equity holders in the company amounted to CNY 3.75 billion, down 7.8% compared to a year earlier. China Telecom now has 152.62 million mobile subscribers, of which 59.72  are on the 3G network. http://www.chinatelecom-h.com/eng/ir/kpi.php?cat=monthl...

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Juniper's QFabric Completes EMC Compatibility Testing

Juniper Networks' QFabric products  have completed testing through EMC's E-Lab, certifying their interoperability with EMC VMAX and VNX storage arrays. In addition, Juniper's QFabric system has been added to EMC's Support Matrix. EMC E-Lab tested the QFabric solution in an end-to-end, multivendor environment, which included testing and qualification of solutions with hypervisors, operating systems, Converged Network Adapters (CNA), Fibre Channel,...

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Ceragon Says Mobile Operators Showing Extreme Caution in Spending

Ceragon Networks reported Q3 revenue of $118.0 million, up 2% from $116.1 million for the third quarter of 2011, and down 1% from $119.1 million in the second quarter of 2012.  Net loss (GAAP) was $(2.7) million or $(0.07) per basic share and diluted share, compared to net loss of $(6.7) million in the third quarter of 2011, or$(0.19) per basic share and diluted share. "We...

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Wireless Charging Builds Momentum

The Power Matters Alliance (PMA), which is creating an ecosystem and open standard for smart wireless power, has added AT&T, Google and Starbucks as members. Vint Cerf will serve as honorary chairman of the organization. "An Internet of 'smart things' is rapidly evolving and most of them are powered electrically. Google cares greatly about a future where power can be wireless, smart and environmental," said Vint Cerf, Chief...

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Xilinx Announces Defense-Grade 7 Series FPGAs

Xilinx introduced its fourth generation secure architecture with Information Assurance and Anti-Tamper IP core support for defense-grade 7 series FPGAs and Zynq-7000 All Programmable SoCs. The reprogrammable Xilinx FPGAs and SoCs use 28nm process technology and include Information Assurance methodology and DoD 5000 Series compliant Anti-Tamper Security Monitor IP core (SECMON) technology for aerospace and defense systems. "In addition to the...

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