Thursday, January 9, 2014

Blueprint: Optimizing SSDs with Software Defined Flash Requires a Flexible Processor Architecture

By Rahul Advani, Director of Flash Products, Enterprise Storage Division, PMC With the rise of big data applications, such as in-memory analytics and database processing where performance is a key consideration, enterprise Solid-State Drive (SSD) use is growing rapidly. IDC forecasts the enterprise SSD segment to be a $5.5 billion market by 20151.  In many cases, SSDs are used as the highest level of a multi-tier storage system, but there is...

IBM's Watson Delivers Cloud-based Services

IBM unveiled three new Watson services delivered over the cloud.  The company has established a new IBM Watson Group to build additional cognitive computing services, software and apps into the marketplace that analyze, improve by learning, and discover answers and insights to complex questions from massive amounts of disparate data. IBM plans to invest more than $1 billion in the initiative. The first Watson cloud services are: Watson Discovery...

ZTE Demos Optical Transport Path Computation with China Mobile

ZTE announced a demonstration of a SDN path computation element (PCE) control solution for optical transport networks. The test was conducted by ZTE in partnership with China Mobile and the Research Institute of Telecommunications Transmission of the Ministry of Industry and Information Technology. ZTE said its PCE solution fulfilled functions including integrated PCE, multi-domain service scheduling and optical/electrical hybrid scheduling on...

Peak Raises $4 Million for its VAR Cloud Services

Peak (formerly PeakColo) secured $4 million in new funding for its enterprise-class IaaS cloud services for channel partners. Peak offers cloud computing to its large ecosystem of value-added resellers (VARS), distributors, agents and service providers who white-label or re-sell Peak’s cloud as their own solution. With cloud nodes located in eight geographies across the United States and Europe including Silicon Valley, Seattle, Denver, Chicago,...

EE and Vodafone to Bring LTE to Channel Tunnel

The Channel Tunnel will be covered by LTE services offered by EE and Vodafone by summer 2014.  2G and 3G services are also set to go live in the North Running Tunnel (UK to France) in March 2014. Separately, EE announced that 2 million customers are now using its network -- twice the target set for 2013. The network is now delivering average speeds of 24-30 Mbps in twenty cities across the UK.  “We’re incredibly proud of being the first...

Finisar to Acquire u2t Photonics AG for 100G Coherent

Finisar agreed to acquire u2t Photonics AG for approximately $20 million in cash. Finisar will also assume net debt of approximately $7 million. Photonics AG, which is based in Berlin, Germany, supplies ultra high speed optical components up to 100 GHz. Its product portfolio includes TELCORDIA qualified portfolio of photodetectors, highly integrated photoreceivers and modulators supporting advanced transmission formats at 40 Gbps and 100 Gbps...

Riverbed Confirms Unsolicited Buyout Bid from Elliot Mgt for $19 per Share

Riverbed Technology confirmed an unsolicited proposal from Elliott Management Corporation to acquire all outstanding shares of Riverbed for $19.00 per share in cash. Riverbed said its Board will review the offer and communicate its views in due course. http://www.riverbed.com Shares is Riverbed closed on Wednesday at $19.53, up $9.41%...

OpenDaylight Summit Scheduled for February 4-5 in Santa Clara

The OpenDaylight Project will host a conference in Santa Clara, California, February 4-5, 2014, to unite developers and users across enterprises, carriers and equipment providers for a collaborative and educational SDN and NFV experience. Keynote speakers for The OpenDaylight Summit include: Neela Jacques, executive director for OpenDaylight, Commencement. Christos Kolias, senior research scientist, OpenFlow/SDN technical lead, network architecture...

Calix Issues Q4 Revenue Warning

Calix now expects revenue for Q4 2013 to be in the range of $93.5 to $94.5 million and non-GAAP earnings per share of 2 to 4 cents per share, down from previous guidance of revenue between $97 and $103 million and non-GAAP earnings in the range of 3 to 8 cents per share. Calix said it saw a greater than anticipated decline in traditional year-end "budget flush" customer spending patterns than the company historically has experienced. Final results...

Convergys to Acquire Stream for Customer Mgt - $820 Million

Convergys Corp. agreed to acquire Stream Global Services, both providers of customer management services, for a total enterprise value of $820 million in cash. Convergys said the deal will expand and strengthen its U.S. and global presence in the $55 billion outsourced customer management services industry. When combined, total company revenue is expected to exceed $3 billion, creating the second largest customer management services provider in...