NEC to Offer VNFs on HP OpenNFV Platform

Last week, HP and NEC Corporation agreed to collaborate to accelerate the market for network functions virtualization (NFV) by integrating their solutions. NFV offers a new way for CSPs to design, deploy, and manage networking services. By decoupling the network functions from proprietary hardware appliances, CSPs can accelerate the introduction of new, compelling services quickly and cost-effectively. When fully integrated, NEC will be able to...

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Alcatel-Lucent Demos 8 Tbps per Fiber Pair on Transatlantic Cable

Alcatel-Lucent Submarine Networks (ASN) demonstrated an optical transmission capacity of 8 Tbps per fiber pair on the Apollo South transatlantic system, which connects France to the United States. The test used ASN's current generation 1620 Light Manager submarine line terminal, equipped with the latest 100 Gbps technology and made use of innovative detection techniques and advanced error correction coding. ASN said it employed proprietary modulation...

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Rapid7 Pops in IPO

Rapid7, which provides security data and analytics solutions, completed an initial public offering of 6,450,000 shares of common stock at a price to the public of $16.00 per share. On the first day of trading, shares of Nasdaq: RPD closed at $25.28, up 58% for the day. http://www.rapid7.c...

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Cinarra Raises $20 Million for Deep Mobile Data + Advertising

Cinarra Systems, a start-up based in Santa Clara, California announced $20 million in Series B funding for its analytics ecosystem for mobile operators and advertisers. The funding was led by Japan's SoftBank Corp., in participation with Alma Capital and Cisco Systems. In addition, Cinarra has begun joint business operations in Japan with SoftBank, offering new opportunities for Japanese advertisers to engage with consumers. SoftBank has introduced...

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Ooma Declines in IPO

Ooma, which offers Internet-based telephony services based on a proprietary CPE device and cloud platform, completed its initial public offering of 5,000,000 shares of its common stock at a price to the public of $13.00 per share. On the first day of trading, shares in NYSE: OOMA opened for trading at $12.10 and then closed the day at $10.95, down 15.77% for the day. http://www.ooma.com...

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