Tuesday, May 26, 2015

NTT Com Launches its Arcstar Universal One Virtual

NTT Com announced the global launch of Arcstar Universal One Virtual, which allows users to easily create, use and control overlay networks on-demand via existing corporate networks or the Internet using software-defined network (SDN) technology. An online portal facilitates real-time service activation and greatly reduces the time to add or change network configurations. NTT Com is planning to further enhance Arcstar Universal One Virtual with APIs. To...

EMC to Acquire Virtustream for $1.2 Billion - Hybrid Cloud Mgt.

EMC Corporation agreed to Virtustream, a start-up headquartered in Washington, D.C. with offices in San Francisco, Atlanta, London and Dubai, for approximately $1.2 billion in cash. Virtustream offers a consumption-based hybrid cloud software and IaaS platform capable of providing commercial application latency performance guarantees for running mission-critical enterprise class applications on modern multi-tenant cloud architectures.Virtustream’s...

HP to acquire ConteXtream for NFV/SDN Controller

HP agreed to acquire ConteXtream, a provider of OpenDaylight-based, carrier-grade SDN fabric for NFV, and a current HP OpenNFV partner. Financial terms were not disclosed. ConteXtream, which is headquartered in Mountain View, California and has development offices in Israel, offers a Carrier-SDN framework that dynamically and elastically connects subscribers to services and enables carriers to leverage standard, low-cost server hardware and hypervisors...

Charter to Acquire Time Warner Cable, Bright House

Charter Communications agreed to acquire Time Warner Cable in a deal valued at $78.7 billion.  In addition, Charter and Advance/Newhouse Partnership amended an earlier merger deal (announced March 31) to allow for the three-way combination reate a leading broadband services and technology company serving 23.9 million customers in 41 states.  Liberty Broadband has agreed to purchase, upon closing of the Time Warner Cable transaction, $4.3...

Akamai Enters Strategic Cloud Services Partnership with China Unicom

Akamai Technologies has formed a strategic partnership agreement with China Unicom' cloud division – CU Cloud, one of the largest cloud computing service providers in China. As part of the strategic partnership, CU Cloud has agreed to complement its own cloud services for global businesses with Akamai's full suite of industry-leading media delivery, web performance, and cloud security offerings. Specifically, CU Cloud plans to leverage Akamai...

Nimble Storage Hits Revenue of $71 Million, up 53% YoY

Nimble Storage's revenue increased 53% to $71.3 million for its fiscal first quarter 2016, up from $46.5M in the first quarter of fiscal 2015. Excluding fluctuations in foreign currency, revenue would have been $73.4M representing a 58% increase over first quarter of fiscal 2015. GAAP net loss for the first quarter of fiscal 2016 was $29.0 million, or $0.38 per basic and diluted share, compared with a net loss of $19.6 million, or $0.28 per basic...

Radisys Lands $11 Million VoLTE Order from Asian Carrier

Radisys announced a follow-on order of approximately $11 million for its MediaEngine product from a large Asian carrier in support of its VoLTE network deployment. The order is expected to be fulfilled by Radisys over the course of the second and third quarters of 2015. “We are energized by the opportunity to continue participating in the VoLTE deployment of this large Asian carrier, in addition to the broad acceleration we are seeing in the adoption...

T-Mobile Czech Test 400G with Alcatel-Lucent

T-Mobile Czech Republic completed a trial of 400 Gbps transmission over its existing network using optical equipment from Alcatel-Lucent.  Specifically, Alcatel-Lucent supplied its 1830 Photonic Service Switch (PSS) together with the 400G Photonic Service Engine (PSE) over the 320km. “Besides our existing commitments, delivering  high-bandwidth access via TeraStream, it’s also key for us to permanently verify new and innovative technology...