Wednesday, February 6, 2013

Ixia Posts Q4 Revenue of $124 Million

Ixia reported revenue of $124.1 million for Q4 2012, compared with $83.7 million reported for the 2011 fourth quarter and $109.6 million reported for the 2012 third quarter. The Q4 results include $30.3 million in revenue from the recent acquisitions of Anue Systems and BreakingPoint Systems. which closed in June and August 2012, respectively. Excluding Anue and BreakingPoint, fourth quarter revenue grew 12 percent to $93.8 million in 2012 from $83.7...

France Telecom Activates 400G Paris-Lyon Wavelength with Alcatel-Lucent

France Telecom-Orange has activated a 400 Gbps wavelength over its live network between Paris and Lyon using equipment from Alcatel-Lucent. Alcatel-Lucent said its optical transmission platform could carry up to 44 wavelengths at 400G, representing a total capacity of up to 17.6 Terabits per second (Tbps). RENATER, the Public Interest Group that manages the telecommunications network for "Technology, Teaching and Research" institutions in France...

New Relic Raises $80 Million for Cloud App Performance Mgt

New Relic, a start-up based in San Francisco, raised $80 million in mezzanine financing for its SaaS-based cloud application performance management. New Relic offers a web application performance tool that measures performance from the end user experience, through servers, and down to the line of application code.  The company claims over 35,000 active accounts and millions of app instances monitored.  The company also said it nearly tripled...

Devicescape Scales its Curated Virtual Network of Wi-Fi Hotspots to 12 Million

Devicescape now has over 12 million Wi-Fi access points in its Curated Virtual Network (CVN) of hotspots.  The Devicescape CVN provides mobile operators, device partners, and active subscribers with curated access to quickly growing list of amenity Wi-Fi hotspots. Devicescape, which is based in San Bruno, California, is now projecting that its CVN will grow from 12 million access points today to 100 million by the end of 2017.  The company...

Vasona Builds Cell Site Application Controller

Vasona Networks, a start-up based in Santa Clara, California with R&D in Tel Aviv, introduced its SmartAIR1000 edge application controller to address cellular bandwidth congestion.  Vasona determines each cell's current capacity and characteristics of each of its concurrent sessions, whether streaming audio and video, web browsing, file downloads, or others. The platform, which sits between the RAN and the core network, then allocates...

Samsung Invests in Cloudant for Database-as-a-Service

Samsung Ventures has made a strategic investment in Cloudant, a start-up offering a globally distributed database-as-a-service, which distributes application data across a global network of highly secure, high-performance data centers while providing non-stop data access with low-latency for its customers. Cloudant said its DBaaS managed service helps developers eliminate the delays, costs, and distractions inherent in working with databases while...

AT&T and Union Reach Labor Deal for Southwest Wireline Employees

AT&T and the Communications Workers of America reached a new tentative labor agreement covering about 20,000 wireline employees in Arkansas, Kansas, Missouri, Oklahoma and Texas. The four-year deal includes general wage increases in each year of the contract -- 2.25 percent the first year, 2.5 percent the second year, 2.75 percent the third year, and 3 percent the fourth year. It includes a 1 percent pension band increase in each year of the...

Tekelec and Allot Test Interoperability on PCRF to Service Gateway

 Tekelec and Allot Communications have completed Interoperability Testing (IOT) on a 3GPP Sd Diameter Interface between their systems. The companies are the first to announce IOT over the new Sd Diameter Interface, which communicates between the Tekelec Policy Server (PCRF) and Allot’s Service Gateway Sigma E Traffic Detection Function (TDF) in order to enable detection and enforcement control over applications. The companies said the value...

Akamai Hits Q4 Revenue of $378 million, up 17% YoY

Akamai Technologies reported Q4 2012 revenue of $378 million, a 9 percent increase over third quarter revenue of $345 million, and a 17 percent increase over fourth quarter 2011 revenue of $324 million.  Total revenue for 2012 was $1,374 million, a 19 percent increase over 2011 revenue of $1,159 million. GAAP net income for Q4 was $68 million, or $0.38 per diluted share. "With strong revenue and profit performance in the fourth quarter, Akamai...

NTCA and OPASTCO to Merge

The National Telecommunications Cooperative Association (NTCA) and the Organization for the Promotion and Advancement of Small Telecommunications Companies (OPASTCO) agreed to merge. NCTA represents more than 580 locally owned and controlled telecommunications cooperatives and commercial companies throughout rural and small-town America.  OPASTCO represents more than 372 small, independently owned, local telecommunications companies, serving...

Ben Verwaayen Resigns as CEO of Alcatel-Lucent

Ben Verwaayen will step down as CEO of Alcatel-Lucent and has decided not to seek re-election as a director of the firm. Verwaayen has serves as Alcatel-Lucent's CEO since September 2008, when he replaced Patricia Russo. Previously, Verwaayen was CEO of BT.  A search committee has been formed to identify a successor. In a press release, Ben Verwaayen stated "Alcatel-Lucent has been an enormous part of my life.  It was therefore a difficult...

D-Link Adds10GbE L2/L3 Aggregation Switches

D-Link introduced a family of 10-Gigabit Ethernet Layer 2 and Layer 3 managed aggregation switches designed for enterprise, education, and data center networks. The D-Link DXS-3600-16S and DXS-3600-32S are compact switches offering eight and 24 fixed 10-gigabit Ethernet SFP+ ports respectively, with an optional expansion slot. Expansion modules provide extra 1000BASE-T ports, 10-Gigabit SFP+ ports, 40-Gigabit QSFP+ uplinks, or low cost 10GBASE-T...

Piston Cloud Raises $8 Million for Enterprise OpenStack

Piston Cloud Computing, a start-up based in San Francisco, raised $8 million in Series B funding for its enterprise OpenStack solutions. The company's flagship Piston Enterprise OpenStack is designed for building, scaling and managing a private Infrastructure-as-a-Service (IaaS) cloud on bare-metal, converged commodity hardware.  Piston Cloud enables Cloud Foundry's Platform-as-a-Service (PaaS) offering to run on OpenStack. It also supports...