Netsocket Commoditizes Layer 2/3 with Virtual Network Suite

Netsocket, a start-up based in Plano, Texas, unveiled its flagship Netsocket Virtual Network (NVN) product suite for bringing SDN-based orchestration and automation capabilities to enterprise infrastructure based commodity x86 servers. Netsocket has developed a three-tier SDN architecture for interoperability and integration with legacy routed networks as well as higher level management systems such as Microsoft System Center.  The NetSocketdesign...

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U.S. Dept. of Labor Consolidates Data Centers with BYTEGRID

BYTEGRID Holdings, which operates highly secure, interconnected, carrier-neutral, data centers in the Washington, D.C. and Atlanta metro areas, announced a seven-year contract by the U.S. Department of Labor. Lockheed Martin serves as integrator on the project. The contract calls for the consolidation and relocation of DOL's data centers in metropolitan Washington into BYTEGRID’s ultra-secure, financial grade facility in Montgomery County, Maryland....

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Verizon Launches Live Events Broadcast Service

Verizon launched a Live Events service that can acquire event feeds from any source -- including satellite, terrestrial fiber and Internet -- then transcode and deliver the content to broadcasters and other commercial customers. The service also provides proactive monitoring and robust redundancy over Verizon's global network. The service, which is offered through an exclusive agreement with Origin Digital, a premier video-streaming company, is...

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Softbank's Acquisition of Sprint Expected on Wednesday

Sprint and SoftBank confirmed that they now expect to close their merger on July 10, 2013, effective after the close of trading that day. The vast majority of Sprint shareholders will receive cash for their shares.  Only about 3% of outstanding shares elected to receive shares of the Sprint Corporation ("New Sprint") common stock. http://newsroom.sprint.com/news-releases/sprint-and-softbank-announce-preliminary-results-of-cash-and-stock-e...

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Clearwire Shareholders Approve Sprint Takeover

A required majority of Clearwire stockholders not affiliated with Sprint or SoftBank voted to approve the deal under which Sprint will acquire all shares of Clearwire which it does not currently own for $5.00 per share. Sprint now expects to close the transaction on Tuesday, July 9th.  Softbank's acquisition of Sprint should follow on Wednesday, July 10th. "We are pleased that our stockholders recognize the value and merits of our merger...

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Vodafone India Picks Cisco for IP Convergence

Vodafone India has selected Cisco for an end-to-end IP networking upgrade.  Cisco will supply a multiservice convergence platform to serve Vodafone’s residential, business and mobile customers with a single network infrastructure. Financial terms were not disclosed. http://www.vodafone.com http://www.cisco....

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Compass-EOS Adds Channel Partner in Australia

Compass-EOS has added Comdate Pty Ltd from Australia to its channel partner network. Comdate Pty Ltd will now integrate the Compass-EOS carrier-grade r10004 modular routers in its solutions for service providers and enterprise customers. The r10004 uses silicon-to-photonics to drive more bandwidth at high port densities. “Compass-EOS’ breakthrough silicon-to-photonics r10004 router fits well with our customers’ software-defined networking (SDN)...

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Zimory Raises $20 Million for Cloud Management

Zimory, a start-up based in Berlin, Germany, raised $20 million in venture funding for its cloud management software. Zimory’s intelligent Cloud Suite simplifies, automates and expedites the creation, launch and management of all types of cloud environments – whether public, private, virtual private or hybrid. The funding round was led by Deutsche Boerse and included Creathor Venture, High-Tech Gruenderfonds, IBB Beteiligungsgesellschaft, KFW and...

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Ixia Misses Q2 Revenue Guidance

Ixia announced that its revenue for Q2 will be in the range of $114 million to $116 million, below the company's previous guidance of $119 million to $122 million. The company cited lower sales from network equipment manufacturers but said revenue from recently-acquired Anue Systems and BreakingPoint Systems are expected to be at the high end of the previously given range of $28 million to $32 million. "We are disappointed with our topline performance...

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Broadcom Names Dr. Ting Wei Li as Sr. VP of China

Broadcom has appointed Dr. Ting Wei Li as Senior Vice President of Sales for China, Taiwan and Hong Kong and President of Greater China. Dr. Li joins Broadcom from Marvell where he served as Vice President and China General Manager. Prior to Marvell, Dr. Li was head of Qualcomm's Shanghai office and Senior Director of Business Development. Previously he served as Technical Deputy at Lucent Technologies and held research positions in the U.S. and...

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