Wednesday, July 30, 2014

Sprint's Spark LTE Network Now in 27 Markets

Sprint's Spark network upgrade, which aggregates the company’s 800MHz, 1.9GHz and 2.5GHz spectrum, continues to progress and is now available in 27 markets across the country.  Sprint currently has 22 devices on the market with Spark-compatible aggregation capabilities, including the recently launched Samsung Galaxy S 5 Sport, LG G3, and HTC One (M8) Harman/Kardon edition. Sprint’s replacement of its entire 3G and voice network is largely complete...

Iridium Selects Radisys' T-Series ATCA for Ground Station Network

 Iridium Communications, which operates a global mobile voice and data network powered by 66 low-Earth orbiting (LEO) cross-linked satellites, is to use Radisys’ T-Series commercial off-the-shelf (COTS) platforms to upgrade its ground station infrastructure associated with its next generation global satellite constellation – Iridium NEXT. Iridium NEXT, scheduled to begin launching in 2015, will deliver more bandwidth and higher data speeds...

Cavium to acquire Xpliant for Ethernet Switching Silicon for SDN

Cavium agreed to acquire Xpliant, a start-up working on high performance, high density switch silicon for approximately $90 million in cash, stock and prior equity investments. Cavium was a financial backer of Xpliant and invested $15 million in the company. Xpliant, which is based in San Jose, California has developed a family of switching silicon solutions featuring 10G/40G/100G port speeds and port densities supporting throughput ranging from...

Australia's NBN Co Extends Managed Service Deal with Ericsson

Australia's National Broadband Network Company (NBN Co) will continue its fixed wireless managed service partnership with Ericsson (NASDAQ:ERIC) and has expanded the partnership to include operation of the ground component of the Long Term Satellite Solution (LTSS) and customer service activation. Ericsson will continue to be responsible for the operation of the fixed wireless network, and will take on the additional responsibility of managing the...

Inphi to Acquire Cortina's Interconnect & Transport Business

Inphi Corporation, which supplies high-speed, mixed signal semiconductor solutions for the communications, data center and computing markets, agreed to acquire Cortina Systems' High-Speed Interconnect and Optical Transport product lines for $52.5 million in cash and $73.5 million in stock. The acquisition does not include Cortina’s Access and Digital Home business, which is currently scheduled to be divested prior to the acquisition close and will...

A10 Reports Revenue of $45.1 million, up 50% YoY

A10 Networks reported that total Q2 revenue grew 50 percent year-over-year to $45.1 million, compared with $30.1 million in the second quarter of 2013. A10 Networks second quarter 2014 GAAP net loss was $1.3 million compared with a net loss of $10.2 million in the second quarter of 2013. “Our strong 50 percent year-over-year revenue growth demonstrates the progress we have made in growing our market footprint and diversifying our customer base,”...

Cavium Reports Q2 Revenue of $91 Million, up 22% YoY

Cavium posted Q2 revenue of $90.7 million, an 8.9% sequential increase from the $83.2 million reported in the first quarter of 2014 and a 22.2% year-over-year increase from the $74.2 million reported in the second quarter of 2013. Net loss (GAAP) was $11.0 million, or $(0.21) per diluted share, compared to net income attributable to the company of $2.3 million, or $0.04 per diluted share in the first quarter of 2014. Gross margins were 62.6%. ...

Ruckus Wireless Hits Q2 Revenue of $81 Million, up 27% YoY

Ruckus Wireless posted Q2 revenue of $81.0 million, an increase of 26.8% from the second quarter of 2013. GAAP net income was $1.4 million for the second quarter of 2014, compared with $0.7 million for the second quarter of 2013. GAAP operating income was $4.1 million for the second quarter of 2014, compared with $1.1 million for the second quarter of 2013. "We are very pleased with our execution in the second quarter as we continue to capitalize...

Swisscom Marches Forward with Vectored VDSL

Swisscom announced a broadband milestone: over a million homes and businesses already connected to ultra-fast broadband network. At the beginning of 2014, Swisscom started to roll out VDSL vectoring technology into those areas where Fibre to the Curb had been installed/  Across Switzerland, Swisscom has switched 200,000 homes and businesses over to vectoring, which makes it one of Europe's top providers. The roll-out of Fibre to the Street...