Frontier to Acquire Verizon Wireline in CA, FL, TX

Frontier Communications agreed to acquire Verizon's wireline operations that provide services to residential, commercial and wholesale customers in California, Florida and Texas, for $10.54 billion in cash. The deal requires regulatory approvals. These Verizon properties include 3.7 million voice connections, 2.2 million broadband connections, and 1.2 million FiOS video connections. The network being acquired is the product of substantial capital...

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American Tower to Acquire 11,489 Towers from Verizon

American Tower Corporation agreed to acquire rights to approximately 11,324 wireless communications towers and purchase approximately 165 additional towers from Verizon Communications for $5.056 billion in cash. The portfolio of approximately 11,489 towers spans all 50 states with approximately 50% of the sites in the top 100 BTAs. The average height of the tower portfolio is approximately 190 feet, with capacity for incremental colocation. Under...

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Brocade Advances its VCS Data Center Fabric with Scalable Switch

Brocade announced significant advancements to its VCS fabric portfolio, including a new high port count switch and new SDN software. that are designed to significantly improve IT agility and help customers migrate to the New IP. These solutions enable efficient, automated, scale-out network architectures with new, advanced programmability and orchestration to deliver network resources on demand. The new Brocade VDX 6940 is a high-density fixed...

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Brocade to Acquire Riverbed's SteelApp ADC

Brocade agreed to acquire Riverbed's SteelApp product line (formerly called Stingray) in an all-cash asset transaction. The deal includes all of the assets of the SteelApp business unit, and SteelApp development and field personnel. Financial terms were not disclosed. SteelApp is a virtual application delivery controller (ADC) providing scalable, secure, and elastic delivery of enterprise, cloud, and e-commerce applications. The SteelApp product...

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Nutanix Surpasses $300m Bookings Run Rate

Nutanix, the web-scale converged infrastructure company, reports that it has exceeded an annualized bookings run rate of $300 million based on the results from its second fiscal quarter ended January 31, 2015. The San Jose-based company said it now has approximately 1,200 customers, including 50 customers who have purchased more than $1 million in aggregate products and services, up from 29 such customers in July 2014. International sales accounted...

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Sprint Adds Nearly 1 Million Connections in Q4

Sprint added 967,000 customer connections on its network in Q4 2014, compared to 590,000 in the prior quarter and 682,000 in the prior year quarter.  The company cited momentum with its new pricing structure and said the quality of the customer base is improving as well. Net operating revenues of $9 billion were down 2 percent year-over-year, as lower service revenue was mostly offset by higher equipment revenue.  There was an operating...

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Global Capacity Releases Network Design Application

Global Capacity introduced its Network Builder application for helping customers design wide area networks based on the company's One Marketplace connectivity platform. The application enables scenario modeling for optimal network designs based on factors including network cost, service technologies, latency, contract term and preferred interconnection points. Large enterprises with thousands of sites can optimize their networks without time-consuming...

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Dell'Oro: Service Provider Router Market to Exceed $11.5 Billion in 2019

The worldwide Service Provider Router market is expected to surpass $11.5 billion by 2019, according to a new report from Dell'Oro Group. This includes both Core and Edge Router sales. “We expect much of the growth to be driven by continued demand for routers used in mobile backhaul and IP backbone networks,” said Alam Tamboli, Senior Analyst at Dell’Oro Group.  “For mobile backhaul, operators in Asia and Europe will continue to invest heavily...

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OneAccess Outlines NFV Migration Strategy

OneAccess unveiled its service migration strategy to help Service Providers leverage virtualization technologies while taking into account their existing IT environment. The company said its strategy emphasizes gradual NFV deployment, leveraging existing provisioning services where necessary,.  New virtualized network functions (VNFs) can in effect be activated and chained to today's legacy services. This service migration approach avoids...

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Qumulo Raises $40M for Enterprise Storage

Qumulo, a start-up based in Seattle, announced $40 million in Series B funding. The company is focused on enterprise data storage but has not yet disclosed its product plans. The funding was led by Kleiner Perkins Caufield & Byers (KPCB) with participation from existing investors Highland Capital, Madrona Venture Group and Valhalla Partners. The company has raised a total of $67 million to date. “Enterprises are grappling with the challenge...

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ConteXtream Joins HP OpenNFV Partner Program

ConteXtream, which develops carrier-grade network virtualization solutions, has joined the HP OpenNFV Partner Program as an Application Partner to help drive Network Functions Virtualization (NFV) technology for carriers. HP is a global reseller of ConteXtream technology solutions and ConteXtream is an HP AllianceOne partner. ConteXtream’s SDN fabric is also integrated with the HP NFV software portfolio including NFV Director and HP Helion OpenStack....

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