Oi Sells Undersea Cable System and Thousands of Towers to Raise Cash

Brazil's Oi will sell its GlobeNet undersea cable division to BTG Pactual YS Empreendimentos e Participações S.A, an investor group, for R$1.745 billion (US$772 million).  The deal includes the 22,500 undersea cable system linking the United States, Bermuda, Colombia, Venezuela and Brazil, as well as local subsidiaries located in those countries. Oi also agreed to sell 2,113 telecommunications towers belonging to its subsidiary Telemar Norte...

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NSN Teams with CDNetworks on Mobile Content Acceleration

Nokia Siemens Networks and CDNetworks announced a partnership around transforming the delivery of content from the base station. Nokia Siemens Networks said its Liquid Applications fundamentally changes the role of base stations in the mobile network by turning them into local hubs of service creation and delivery. Processing and storage capabilities are provided with integrated IT cloud servers, together with the ability to collect real-time network...

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Riverbed Enhances its Server and Data Consolidation Solution

Riverbed Technology introduced an enhanced update to its Granite product family, which enables businesses to remove servers and data from branch offices and centralize them in the secure data center. Riverbed said the solution has especially gained traction where enterprise branches are in high-risk locations, where there is real threat the company facilities could be tampered with.  In such cases, Riverbed can ensure that data is consolidated...

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Huawei Unveils New LTE TDD Small Cell

Huawei introduced an LTE TDD small cell micro solution for offloading excess hotspot traffic in macro cells and providing better coverage in blind spot and weak coverage areas. Huawei said its small cell LTE TDD micro BTS offers an output power for coverage up to 100 meters.  Its small size enables deployment on walls, poles or other "zero site space" locations.  Each micro BTS also features a flexible transmission mode to more easily...

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U.S. Marine Corps Picks Harris to Upgrade 1st Responder Communications

The United States Marine Corps selected Harris Corp. to replace its existing radio systems throughout Eastern Region U.S. Marine Corps bases and other locations. The digital radio system will support military first responders at Eastern Region U.S. Marine Corps bases and locations. The deployment includes equipment, managed services, support and other options. Harris received an initial $6 million order in the third quarter of the company’s fiscal...

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Numecent Offers Native as a Service (NaaS) on AWS

Numecent, a start-up based in Irvine, California with offices in the UK, introduced a "Native as a Service" that uses Amazon Web Services to optimize the delivery of native Windows-based applications.  The idea is to enable independent software vendors to deliver their applications from the cloud with optional subscription billing without any changes to their source code. Numecent said its NaaS is to cloud-delivered native applications, what...

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Telefónica Deploys Juniper MX Edge Routers in Spain

Telefónica has deployed Juniper Networks' MX Series 3D Universal Edge Routers in Spain. The project, known as Telefónica's "Next Generation Access Center" and built around a fiber optic deployment, will provide high-speed residential and business services throughout Spain. Financial terms were not disclosed. Juniper said its platform was selected for its flexible architecture and rich feature set which enable optimized functionality of Telefónica...

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PMCS Completes Acquisition of IDT's Flash Controller Business

PMC completed its acquisition of Integrated Device Technology's Enterprise Flash Controller business for approximately $96 million. The deal, which includes the world’s first NVM Express (NVMe) flash controller, was first announced on May 29, 2013. “Customer response to the announcement has been very positive due to the leading technology we’re acquiring and the many benefits of working with a single supplier for PCIe and SAS flash solutions,”...

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AirTight Raises$10 Million for Cloud-Managed Wi-Fi

AirTight Networks, a start-up based in Mountain View, California, raised $10 million in Series D financing for its secure cloud-managed Wi-Fi solutions. AirTight offers a controllerless Wi-Fi architecture that eliminates the cost and complexity of legacy WLAN solutions. The new funding was led by existing investors Trident Capital and CMEA Capital.  This brings the total capital invested in AirTight to $48.75 million. "We are gratified...

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Aruba Announces $100M Stock Repurchase Plan

Aruba Networks' Board of Directors has authorized the repurchase of up to an additional $100 million of its outstanding common stock under its existing share repurchase program. The company recently completed its repurchase of the initial $100 million of common stock under the program, which was originally authorized in June 2012. http://www.arubanetworks.com/...

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