Monday, January 14, 2013

ARRIS Sells Shares to Comcast to Fund Motorola Home Acquisition

ARRIS will sell approximately 10.6 million shares of its common stock, valued at $150.0 million, to Comcast in order to raise money for its previously announced acquisition of the Motorola Home business, which is currently owned by Google. Under the deal, the ARRIS shares issued to Comcast will reduce, on a share-for-share basis, the number of shares of ARRIS stock to be issued to Google and simultaneously increase the cash consideration to be...

Two More Huge Data Centers Planned for Ashburn, Virginia

Corporate Office Properties Trust (COPT) has signed a lease with Fortune 500 company for two shell buildings in Ashburn, Virginia. COPT said construction on the first 200,000 square foot building (COPT DC-8) will commence early in 2013 and that construction on a second 115,000 square foot building (COPT DC-9) no later than mid-2014.  The company also noted that these two projects brought the company’s development leasing volume in 2012 to...

How Facebook Handles Back-up

Facebook has developed a three stage back-up strategy for maintain high-availability of its massive MySQL installation across thousand of servers in multiple geographic regions. In this blog posting, Facebook's Eric Barrett describes the Binary logs and mysqldump (Stage 1), Hadoop DFS (Stage 2), and Long-term Storage (Stage 3) components that make up its strategy.  On the networking side, he notes that back-up system currently needs to move...

Arrow Bundles IBM Flex + Juniper QFabric

Arrow Electronics will offer converged infrastructure for cloud data centers by integratin the IBM Flex System and the Juniper Networks' QFabric. Arrow said its bundled solution helps customers manage virtualization demands driven by big data initiatives that require integrated server and storage.  Tested and integrated into a single part number, the Arrow bundled solution combines the IBM Flex System server, storage, management, and the...

Canadian Court: Former Nortel Execs Not Guilty of Fraud

The Ontario Superior Court has acquitted Nortel's CEO, Frank Dunn, its former CFO, Douglas Beatty, and its former controller, Michael Gollogly of fraud charges in a case dating back to 2002 and 2003. Nortel posted significant losses in 2001 and 2002 and downsized its work force by nearly two-thirds. Later 2002 and 2003, Nortel published financial results that made it appear as though the company was recovering faster than in actuality.  The...

Southern Cross Cuts Trans-Pacific Prices with 40/100G Upgrade

The Southern Cross Trans-Pacific submarine cable network, which connects Australia, New Zealand, Fiji, Hawaii and the west coast of the U.S., is cutting prices by 20% thanks to its 40G & 100G upgrade programme, which is due for completion in February. Southern Cross said its latest price decline marks the second stage of the eighth major capacity expansion programme since 2001. The current stage is based on Ciena’s 40Gbps transmission equipment...

Level 3 Connects NATO-Russia Council Air Traffic Monitoring

The NATO Communications and Information (NCI) Agency has selected Level 3 Communications to install and maintain an IP Virtual Private Network (VPN) to be used by the NATO-Russia Council Cooperative Airspace Initiative (NRC CAI). The joint NRC will have a 24/7 capability to monitor air traffic, thereby enhancing airspace transparency between NATO and Russia.   Level 3 said its network will connect a range of NATO monitoring facilities and...

Radisys Increases Q4 Guidance on Strong Finish to Year

Radisys boosted its financial guidance for Q4 2012 saying it now expects revenue to be near the high end of the range provided on October 30, 2012 and positive non-GAAP earnings per share compared to a previous guidance range of ($0.06) to breakeven. "A strong finish to the year in our software and solutions business along with continued operational focus enabled us to return to profitability more quickly than originally expected,” commented Brian...

Aviat Boosts Financial Guidance

Aviat Networks boosted its financial outlook for its second quarter of fiscal 2013, ended 28-Dec-2012, saying it now expects revenue in the range of $123M - $126M.  The prior guidance range was $115M - $120M.  Orders were greater than revenues. http://investors.aviatnetworks.c...

Ixia Boosts Q4 Outlook

Ixia increased its Q4 2012 revenue guidance to be in the range of $123.5 million to $124.5 million, above its previously stated guidance range of $118 million to $122 million. Combined Q4 revenue from its two recent acquisitions, Anue Systems and BreakingPoint Systems is expected to be in the range of $30 to $31 million, compared with its previously stated guidance of $26 to $28 million. "Ixia delivered an impressive fourth quarter with strong...

Softbank Tests Sequans LTE Interference Cancellation

Softbank has conducted a technical trial of Sequans’ AIR (advanced interference rejection) technology to determine its value in mitigating interference in LTE networks. Sequans AIR is an interference mitigation algorithm whereby the receiver uses multiple antennas to form a receive beam toward the desired signal and spatial nulls toward interfering signals. Sequans said the laboratory trial used commercial eNodeBs (base stations) commonly deployed...

Volex Acquires AppliedMicro Active Optical

Volex has acquired active optical technology from AppliedMicro for approximately US$2 million. Under the deal, AppliedMicro has agreed to a five-year non-compete in connection with the marketing and sale of active optical cables, transceivers, modules and related assemblies. The companies also agreed to share ownership of the associated active optical patent portfolio, allowing each company to continue development of the technologies, and forming...

European Cybercrime Centre Opens in the Hague

A new European Cybercrime Centre (EC3) has opened in the Hague, Netherlands.   EC3 will focus on illegal online activities carried out by organised crime groups, especially attacks targeting e-banking and other online financial activities, online child sexual exploitation and those crimes that affect the critical infrastructure and information systems in the EU. http://europa.eu/rapid/press-release_IP-13-13_en.h...