MUOS-4 Secure Communications Satellite Successfully Launched

The U.S. Navy’s fourth Mobile User Objective System (MUOS-4) satellite, built by Lockheed Martin, was successfully launched last week aboard a United Launch Alliance Atlas V rocket from Cape Canaveral Air Force Station, Florida.  The addition of MUOS-4 completes the initial constellation and provides the MUOS network with near-global coverage, extending the reach of communications further toward the North and South poles than ever before. Lockheed...

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Intel Invests in QuTech for Quantum Computing

Intel will invest US$50 million and provide significant engineering resources to Delft University of Technology and TNO, the Dutch Organisation for Applied Research, to accelerate advancements in quantum computing. Intel said its goal is to extend the university's physics expertise and diverse quantum computing research efforts by contributing advanced manufacturing, electronics and architectural expertise. "A fully functioning quantum computer...

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Amazon Web Services to Acquire Elemental

Amazon Web Services agreed to acquire Elemental Technologies, which offers software-defined video solutions for multiscreen content delivery. Financial terms were not disclosed. Elemental, which is based in Portland, Oregon, will continue to operate its business under its existing brand, delivering the full range of solutions for pay TV operators, content programmers, broadcasters, governments, and enterprise customers. Elemental will also expand...

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IBM Expands IoT Partnership with AMD

IBM is expanding its Internet of Things (IoT) platform – called IBM IoT Foundation - through an integration with ARM. IBM will provide out of the box connectivity with ARM mbed-enabled devices to analytics services via fully managed, cloud-hosted offerings on the SoftLayer Infrastructure. Specifically, the integration between IBM and ARM will allow products powered by ARM mbed-enabled chips to automatically register with the IBM IoT Foundation,...

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Telefónica Spain Picks Juniper MX Edge Routers for Metro Network

Telefónica Spain has selected Juniper Networks' MX Series 3D Universal Edge Routers to build a next-generation Metro network across Spain. The new network will deliver fixed and mobile broadband services, including high-speed TV for residential users, as well as cloud services for businesses, all from a single IP network. Financial terms were not disclosed. Telefónica will use the Juniper edge routers to consolidate its wholesale, residential and...

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Seagate Intros 8TB HDDs

Seagate introduced a new line of 8TB Enterprise Capacity 3.5 HDD drives based on proven conventional magnetic recording hard drive technology and backed by nine generations of data center innovation. Seagate said the new 8TB Enterprise Capacity 3.5 HDDs also delivers a 100 percent increase in random read/write performance compared to previous generations. http://www.seagate.com/internal-hard-drives/enterprise-hard-drives/hdd/enterprise-capacit...

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Ciena Posts Revenue of $603 Million

Ciena reported revenue of $602.9 million for its fiscal third quarter 2015, as compared to $603.6 million for the fiscal third quarter 2014. Net income (GAA) for the fiscal third quarter 2015 was $23.6 million, or $0.19 per diluted common share, which compares to a GAAP net income of $16.2 million, or $0.15 per diluted common share, for the fiscal third quarter 2014. "We delivered strong financial performance in our fiscal third quarter, including...

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Verizon Increases its Quarterly Dividend

The Board of Directors of Verizon Communications declared a quarterly dividend of 56.5 cents per outstanding share, an increase of 1.5 cents per share, or 2.7 percent, from the previous quarter.  On an annual basis, this increases Verizon's dividend by 6 cents per share, from $2.20 to $2.26 per share. This is the ninth consecutive year Verizon's Board of Directors has approved a quarterly dividend increase. http://www.verizon....

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