CloudBridge Debuts Virtual WAN Link Aggregation

Citrix announced its "CloudBridge Virtual WAN Edition", which allows enterprises to create a virtualized WAN by bonding multiple network services such as MPLS, broadband, mobile and satellite Internet links together to maximize WAN capacity and reliability. The Citrix CloudBridge Virtual WAN constantly assesses the performance of paths within the virtualized WAN to instantaneously and automatically adapt to changing network conditions. The solution...

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Thoma Bravo Completes Acquisition of Riverbed

Thoma Bravo, a leading private equity investment firm, and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan, completed their previously announced acquisition of Riverbed Technology. The acquisition is valued at approximately $3.5 billion, with Riverbed stockholders receiving $21.00 per share in cash. “With this acquisition now complete, our team can begin to move forward with the strategic initiatives...

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Freescale Intros White Box SDN with Advantech

Freescale Semiconductor introduced its new SDN switching platform powered by its QorIQ multicore processors and designed to bring intelligence, agility and security to the network’s edge for the secure Internet of Tomorrow. The white box solution, which was developed in conjunction with Advantech, leverages Freescale’s 24-core, server-class QorIQ T4240 processor and VortiQa Open Network software. The platform couples the QorIQ processors with standard...

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Apigee Completes IPO - NASDAQ: APIC

On Friday, Apigee, a start-up based in San Jose, California, completed its initial public offering (IPO) of 5,115,000 shares of its common stock at a price to the public of $17.00 per share. Apigee is now traded on the NASDAQ Global Select Market under the symbol "APIC." The company's Apigee Edge API platform helps enterprises to build mobile and digital initiatives using APIs, apps and data. Apigee Insights delivers big data predictive analytics....

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ZTE Reports Rise in Q1 Profits

ZTE reported first-quarter 2015 net profit RMB 883 million (US$142 million), up 41.9% year over year. Basic earnings per share climbed to RMB 0.24, while revenue rose 10.2% to RMB 21 billion. Operating revenue from telecommunications software systems, services and other products increased by 23.4% in the first quarter, as ZTE recorded strong growth from video and network terminal products, in addition to services. Revenue from Carriers’ Networks...

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