Tuesday, February 10, 2015

Ericsson Achieves 450 Mbps with LTE-U

Ericsson now has License Assisted Access (LAA), sometimes referred to as LTE-U, running live its labs.  The tests support the aggregation of licensed and unlicensed spectrum for peak rates up to 450 Mbps and enabling fair sharing of spectrum between mobile and Wi-Fi devices. The lab trials of both LAA fair sharing and licensed-unlicensed aggregation - 20 MHz on licensed band and 40 MHz on unlicensed 5 GHz band - were demonstrated from the Ericsson...

HP to Acquire Voltage Security for Cloud Data Encryption

HP agreed to acquire Voltage Security, a provider of data-centric encryption, tokenization and key management solutions.  Financial terms were not disclosed. Voltage Security holds core patents for Identity-Based Encryption (IBE) and Format-Preserving Encryption (FPE). Voltage uses these to enable end-to-end protection of payments systems, from card swipe to back-end tokenization, serving six of the largest payment processors in the U.S. today....

Apple Signs $848 million Power Purchase Deal with First Solar

Apple has committed $848 million to purchase clean energy from First Solar's California Flats Solar Project in Monterey County, California. Under the largest power purchase agreement (PPA) to date for the high-tech industry, Apple will receive 130 megawatts (MW) AC from the new facility over a 25-year commitment. Pacific Gas & Electric will acquire the remaining production capacity of the solar farm. Construction is expected to start this year...

Hitachi Data Systems to Acquire Pentaho for Big Data Analytics

Hitachi Data Systems Corporation (HDS) agreed to acquire Pentaho Corporation, a provider of big data integration and business analytics with an open source-based platform.  Financial terms were not disclosed but the companies described the deal as the largest private big data acquisition transaction to date. Industry insiders estimate the purchase price in the half-billion dollar range. The Pentaho platform simplifies preparing and blending...

Alcatel-Lucent Intros Compact Metro Cell Outdoor Family

Alcatel-Lucent introduced a new Compact Metro Cell Outdoor family that is 50 percent smaller than existing metro cells. The Compact Metro Cell Outdoor family, which is currently being trialled with a number of operators around the globe, integrates the baseband, an LTE radio, higher power output and modular design options, including external antennas. The compact size also allows them to be wall-mounted and hidden from view, with just the antenna...

Xirrus Launches Cloud-Managed Wall-Mounted Wi-Fi Access Point

Xirrus introduced a cloud-managed, wall-mounted 802.11ac Wi-Fi access point (AP) with integrated Gigabit Ethernet switch and designed for hospitality, education, healthcare, and any business requiring high speed Wi-Fi coupled with ease of deployment and management. Xirrus said this product represents the lowest-cost enterprise-class 802.11ac AP available on the market. “In hotels, a positive Wi-Fi experience weighs heavily on guest satisfaction...

Wandera Raises $15 Million for Cloud-based Mobile Data Gateway

Wandera, a start-up based in San Francisco and London, raised $15 million in new funding for its work in mobile data security and optimization. Wandera’s Mobile Data Gateway is a scalable cloud offering that sits in the path of mobile data in between employee devices and the Internet. This helps enterprises to secure the mobile data usage of employees. Wandera also adds mobile data optimization and real-time intelligence capabilities. The company...

Akamai Posts Q4 Revenue of $536 Million up 23% YoY

Akamai Technologies reported Q4 2014 revenue of 2014 was $536 million, a 23% increase over fourth quarter 2013 revenue of $436 million, and a 25% increase when adjusted for foreign exchange. Total revenue for 2014 was $1,964 million, a 24% increase over 2013 revenue of $1,578 million, and a 25% increase when adjusted for foreign exchange.  GAAP net income for the fourth quarter of 2014 was $97 million, or $0.54 per diluted share, an increase...

Ruckus Wireless Posts Q4 Revenue of $86 Million

Ruckus Wireless posted revenue for the fourth quarter of 2014 of $85.9 million, an increase of 17.6% from the fourth quarter of 2013. GAAP net income was $2.9 million for the fourth quarter of 2014, compared with $0.7 million for the fourth quarter of 2013. GAAP operating income was $3.2 million for the fourth quarter of 2014, compared with an operating loss of $0.2 million for the fourth quarter of 2013. Ruckus said its revenue for the quarter...

VMware Appoints Shekar Ayyar to Head NFV

VMware announced the appointments of Shekar Ayyar lead the development of a Network Functions Virtualization (NFV) vertical market team within VMware. Ayyar also leads the company's strategic and corporate development efforts, where he is responsible for aligning strategy and long-term planning across VMware businesses as well as managing the company's mergers and acquisitions, and strategic investments. He joined VMware in June 2007. VMware also...

A10 Networks Reports Q4 Revenue of $45 Million

A10 Networks reported Q4 2014 revenue of $45.2 million, compared with $42.2 million in the fourth quarter of 2013. Total revenue for the year 2014 was $179.5 million, an increase of 27 percent, compared with $141.7 million reported for the year 2013. GAAP net loss was $16.0 million, compared with a GAAP net loss of $5.6 million in the fourth quarter of 2013. The company reported GAAP net loss of $34.7 million for the year 2014, compared with a GAAP...