Digital Realty to Host Open Internet Exchanges

Digital Realty Trust, which owns 122 data center properties in cities around the world, plans to establish Digital Open Internet Exchanges to expedite the carrier-neutral exchange of traffic.  Specifically, the company will provide the necessary data center infrastructure to support member-governed Internet exchanges, a model that has proven successful across Europe. Digital Realty plans to operate as an endorsed data center partner with...

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JDSU Sees Huge Opportunity in Mobile Location Insight Services

By monetizing a range of "Location Insight Services" (LIS) mobile operators could unlock a market opportunity worth $11 billion by 2016, according to research compiled by STL Partners and released by JDSU. Location Insight Services would leverage aggregated and anonymous "trend" information collected from connected consumers’ mobile location data. The study draws a distinction between LIS and Location Based Services (LBS) for individual subscribers,...

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South Africa's Neotel Launches LTE Fixed Wireless Broadband

South Africa's Neotel announced that its flagship broadband service NeoBroadband, is now also available over its new LTE network. NeoBroadband powered by LTE is a fixed wireless solution designed for Small and Medium businesses (SMB) as well as large Enterprises. The solution uses a fixed installation to connect business offices via Neotel’s LTE network, which operates in the uncluttered 1800 MHz band spectrum. The initial release of the...

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Mavenir Enables RCS in Multi-Tenant NFV Environment

Mavenir Systems announced the first commercial deployment of virtualized Rich Communication Services (RCS-e) in a multi-tenant Network Functions Virtualization (NFV) environment. Mavenir confirmed that its previously announced Virtualized IMS platform is being used by Tier-1 operators in Europe.  The operators are currently rolling out Mavenir's NFV technology as part of their VoLTE /RCS rollouts. The commercial deployment of RCS-e services...

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Second Round of FCC's Connect America Funding Taps $385 Million

The second round of funding from the FCC's Connect America Fund will provide broadband access to an estimated 600,000 homes and small businesses. The FCC announced that Service Providers in 44 states and Puerto Rico requested over $385 million from the Fund.  These funds are to be matched with hundreds of millions of their own dollars.  Deployment must be completed within three years. The FCC estimates that about 15 million U.S. residents,...

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Cox Business Partners with ViaWest for Colocation, Cloud

Cox Business announced a strategic partnership with ViaWest covering colocation and cloud services  in Las Vegas, Phoenix and Southern California markets. Cox Business will provide secure fiber network connectivity matched with ViaWest's colocation and cloud infrastructure solutions. Earlier this year, ViaWest opened its 110,000 square foot data center in Las Vegas which earned the colocation industry's first Tier IV design certification...

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Proximion Cites Growth in 40G/100G ULH Dispersion Compensation

Proximion, a privately-held company that supplies optical modules and sub-systems based on Fiber Bragg Grating (FBG) technology, reported record sales growth for the six-month period ended June 30 2013, up 78 percent compared to the same period 2012. Proximion attributed the growth to a large extent to its recently launched DCM-HDC product for ULH 40G and 100G coherent systems. Tobias Persson, Vice President of Marketing & Sales stated: “We...

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Goldman Sachs Invests $40 Million in SugarCRM

SugarCRM, which offers an open-platform web-based customer relationship management service, announced a $40 million equity investment by Goldman Sachs & Co. SugarCRM will use the investment to expand its global reach.  The company also announced the appointment of Antoine Munfa, a vice president at Goldman Sachs, to its Board of Directors. Piper Jaffray & Co. served as SugarCRM’s financial adviser during the funding transaction. “SugarCRM’s...

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Marvell Sees Strength in Storage and Mobile

Marvell posted quarterly revenue of $807 million, up 10% sequentially but down 1% year-over-year.  GAAP net income was $62 million with GAAP EPS of $0.12. "Our results in the second quarter were at the high-end of our guidance mainly due to better demand and share gains in our storage end market and strong double digit growth in our mobile and wireless end markets," said Dr. Sehat Sutardja, Marvell's Chairman and Chief Executive Officer....

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