Technicolor to Acquire Cisco's CPE Business for EUR 550 Million

Technicolor has agreed to acquire Cisco's customer premises equipment (CPE) business for approximately €413 million ($450 million) in cash and approximately €137 million ($150 million) in newly issued Technicolor shares, The companies also agreed to enter into a strategic partnership that will allow both companies to develop and deliver next generation video and broadband technologies, with cooperation on Internet of Things (IoT) solutions and services....

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Open Container Initiative Gains Early Traction

The Open Container Initiative (previously known as the Open Container Project) published its draft charter for comment and announced that 11 new companies are joining this industry-wide initiative to develop common standards for software containers. The OCI, which was announced just last month at DockerCon and is being hosted at The Linux Foundation as a Collaborative Project. Companies signaling their formal commitment to this effort include AT&T,...

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VMware Now Has Over 700 NSX Paying Customers

VMware reported second quarter revenue of $1.52 billion, an increase of 4% from the second quarter of 2014, or up 8% year-over-year in constant currency. GAAP revenues were reduced by the amount of a settlement with the Department of Justiceand the General Service Administration ("GSA") for $75.5 million. GAAP net income for the second quarter was $172 million or $0.40 per diluted share, up 5% per diluted share compared to $167 million, or $0.38...

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Qualcomm Posts Tough Quarter, Announces Restructuring

Qualcomm reported revenue of $5.8B for its third fiscal quarter of 2015, down 14% from $6.8B for the same period a year ago. Net income (GAAP) was $1.2B, down 47% from $2.2B for the same period a year ago. Revenues, MSM chip shipments and EPS were within prior expectations. Qualcomm also announced a strategic realignment plan designed "to improve execution, enhance financial performance and drive profitable growth." The company outlined the following...

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Mellanox Hits Record Revenue of $163 Million

Mellanox Technologies reported revenue of $163.1 million for the second quarter of 015, up 11.2 percent compared to $146.7 million in the first quarter of 2015. GAAP net income was $19.2 million, compared to $10.5 million in the first quarter of 2015. “We are excited to achieve record quarterly revenues and anticipate continued revenue growth and record annual revenues for the full fiscal year 2015. Our InfiniBand solutions continue to take market...

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F5 Posts Revenue of $472.1 million, up 10% YoY

F5 Networks announced revenue of $483.6 million, up 2 percent from $472.1 million in the prior quarter and 10 percent from $440.3 million in the third quarter of fiscal 2014. GAAP net income was $93.2 million ($1.29 per diluted share), compared to $85.7 million ($1.18 per diluted share) in the prior quarter and $79.5 million ($1.05 per diluted share) in the third quarter a year ago. “Solid sequential and year-over-year revenue growth during the...

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FCC Eyes Residential Fiber Build-out as Condition for AT&T/DirecTV Deal

FCC Chairman Tom Wheeler has circulated a draft recommendation to his fellow FCC commissioners recommending that the AT&T/DirecTV transaction be approved with conditions concerning future fiber rollouts by AT&T. Namely, Wheeler would like 12.5 million customer locations to have access to a competitive high-speed fiber connection -- an additional build-out that is about 10 times the size of AT&T’s current fiber-to-the-premise deployment....

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Infinera Posts Q2 Revenue of $207 Million, up 25% YoY

Infinera reported Q2 revenue of $207.3 million compared to $186.9 million in the first quarter of 2015 and $165.4 million in the second quarter of 2014. GAAP net income for the quarter was $17.9 million, or $0.13 per diluted share, compared to $12.4 million, or $0.09 per diluted share, in the first quarter of 2015, and $4.8 million, or $0.04 per diluted share, in the second quarter of 2014.     “Our outstanding second quarter results were...

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CyrusOne Expands Mega Data Center in Carrollton, Texas

CyrusOne completed a new hall that adds nearly 60,000 square feet of colocation space and 4.5 megawatts of electrical capacity to its mega data center in Carrollton, Texas. The Carrollton data center is the largest such facility in Texas at 670,000 square feet. The Carrollton data center , which is also one of the most energy-efficient, multi-tenant data centers in the United States, houses the infrastructure and 911-dispatch center for Carrollton,...

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HP to Power its Texas Data Centers with Wind Energy

HP has signed a 12-year power purchase agreement (PPA) for 112 megawatts (MW) of wind power with SunEdison.  The locally generated wind electricity is sufficient to power 100 percent of HP’s Texas-based data center operations, which span approximately 1.5 million square feet and support HP’s entire internal global information technology (IT) requirements as well as some customer accounts. HP currently operates five data centers in Texas, located...

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CenturyLink Completes Data Center Expansions in 6 Cities

During the first half of 2015, CenturyLink completed data center expansion projects in six markets: Boston, London, Minneapolis-St. Paul, Phoenix, Seattle and Washington, D.C. The company also grew its market presence into Australia and central Washington. The expansions add approximately 10.8 megawatts of critical capacity, bringing CenturyLink's global data center capacity to more than 185 megawatts. The expanded facilities are built to support...

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WireX Raises $9.3 Million for Cyber Forensics

WireX, a start-up based in Israel, raised $9.3 million for its network forensics solution. The WireX Network Forensics platform continuously analyses all parts of the enterprise network and creates a comprehensive source of intelligence for security operations. WireX core technology, the Layer 8 Contextual Analysis automatically reveals the entire set of actions performed within each application and its associated contents. When a malicious activity...

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