Digital Realty Announces Global Network Neutral Ecosystem

Digital Realty Trust, which owns 121 data center properties comprising approximately 22.7 million square feet, plans to build a Global Network Neutral Ecosystem providing direct connections between its tenants. The idea is to run high count dark fiber between its nearby buildings, enabling "plug and play" GigE as well as straight dark fiber cross-connects to customers, carriers and service providers campus-wide.  The rollout will begin with...

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Alcatel-Lucent Posts Loss of EUR 353 Million

Alcatel-Lucent reported Q1 2013 revenues of Euro 3,226 million, up 0.6% year-over-year but down -21.2% sequentially.  At constant currency exchange rates and perimeter, revenues increased 1.8% year-over-year and decreased -19.9% sequentially.  There was a first quarter reported net loss (group share) of Euro (353) million or Euro (0.16) per share, including restructuring charges of Euro (122) million and Euro (152) million of financial...

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Extreme Networks Appoints New CEO Following Resignation of Rodriguez

Extreme Networks appointed Charles W. "Chuck" Berger as its President and CEO, replacing Oscar Rodriguez who has resigned, effective immediately. Berger has also been elected to the Board of Directors, effective immediately. Rodriguez also resigned from the Board. Berger most recently served as CEO and Chairman of ParAccel, a privately held software analytics company that was recently sold to Actian. Prior to ParAccel, Berger served as the CEO...

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Poland's Netia Deploys 100G with NSN

Netia, Poland’s largest alternative provider of fixed-line telecommunications services, has deployed Nokia Siemens Networks’ optical transport DWDM platform hiT 7300 and 100 GbE (Gigabit Ethernet) transponder, to enable 100G wavelengths in its optical fiber network. The solution was integrated seamlessly into Netia's existing fiber optical infrastructure provided by a third party vendor. Nokia Siemens Networks also noted that the sale of its...

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NETGEAR Posts Lower Sales for Q1, Cites Product Transition Issues

NETGEAR reported Q1 net sales of $293.4 million, as compared to $325.6 million for the first quarter ended April 1, 2012, and $310.4 million in the fourth quarter ended December 31, 2012.  Net income  (GAAP) was $15.3 million, or $0.39 per diluted share.  This compares to GAAP net income of $25.1 million, or $0.65 per diluted share, for the first quarter of 2012, and GAAP net income of $16.1 million, or $0.41 per diluted share, in...

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PMC-Sierra Posts Revenue of $125.2 Million, Sees Stronger Bookings

PMC-Sierra reported Q1 revenue of $125.2 million, a decrease of three percent compared to $129.4 million in the fourth quarter of 2012, and a decrease of five percent compared to $132.1 million in the first quarter of 2012.  GAAP net loss was $6.8 million, or $0.03 per share, compared to GAAP net income in the fourth quarter of 2012 of $10.8 million, or $0.05 per diluted share. "Our first quarter results were in line with our outlook and within the expected range," said Greg Lang, PMC President and Chief Executive Officer. “We are encouraged...

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Tellabs Posts Revenue of $209M, Loss of $56M

Tellabs reported Q1 2013 revenue of $209 million, compared with $258 million in the year-ago quarter. There was a GAAP net loss of $56 million or 16 cents per share in the first quarter of 2013, compared with a net loss of $140 million or 38 cents per share in the first quarter of 2012. Tellabs holds cash and marketable securities of $572 million as of March 29, 2013, thanks in part to the repatriation of approximately $375 million of cash held...

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Radisys Posts Q1 Revenue of $68.2 Million

Radisys reported Q1 revenues of $68.2 million and a GAAP net loss of $6.6 million or $0.23 per share. ATCA and software solutions revenue amounted to $46.5 million, or 68% of total revenue. Radisys noted its first revenue generating shipments of its new Media Resource Function (MRF), the MPX-12000, which will provide Rich Communication Services (RCS) capabilities in a network being rolled out by a tier one carrier in Asia. The company also noted that platform design wins in Q1 are expected to result in approximately $60 million of revenue over...

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Mellanox Reports Revenue of $83 Million, Down 6% YoY

Mellanox Technologies reported Q1 revenue of $83.1 million, down 32.0 percent from $122.1 million for the fourth quarter 2012, and down 6.4 percent from $88.7 million for the first quarter of 2012. GAAP net loss in the first quarter of 2013 was $8.5 million or $0.20 per diluted share, compared with net income of $18.4 million or $0.41 per diluted share in the fourth quarter of 2012 and net income of $12.4 million or $0.29 per diluted share in the first quarter of 2012. “Despite the decline in our financial results over the past two quarters,...

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