Thursday, November 12, 2015

Cisco Posts Strong Growth in Income but Guidance Cites Macro Economic Uncertainty

Cisco reported first quarter revenue of $12.7 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.4 billion or $0.48 per share, and non-GAAP net income of $3.0 billion or $0.59 per share. Revenue was up 3.6% compared to the same period last year, while net income rose by 33%. "Q1 was a very strong quarter. We are accelerating our ability to deliver on growth opportunities, aggressively driving our cloud business,...

Mellanox Intros 100Gbps InfiniBand Switch

Mellanox Technologies introduced its next generation InfiniBand switch for High-Performance Computing, Web 2.0, database and cloud data centers. The Mellanox Switch-IB 2 is capable of 100 Gbps per port speeds and is the world's first smart network switch that offloads MPI operations from the CPU to the network to deliver 10X performance improvements. It integrates 144 SerDes which can operate at 1Gbps to 25Gbps speeds per lane and delivers 7.02...

Rancher Can Now Orchestrate Persistent Storage Services for Docker

Rancher Labs, a start-up based in Cupertino, California, now offers the ability to orchestrate Persistent Storage Services for Docker.  This makes its easier for developers to define and deploy the exact storage capabilities needed for their containerized applications. Rancher, which is the company's flagship software tool for building a private container service, can be used with a Docker 1.9 volume plugin to: Orchestrate the deployment...

Microsoft to offer Cloud Services from UK Data Centers

Microsoft plans to offer commercial cloud services from the UK. Specifically, Microsoft Azure and Office 365 will be generally available from local UK-based data centers in late 2016 with Microsoft Dynamics CRM Online following shortly thereafter. In addition, Microsoft announced the completion of the most recent expansion of its Ireland site and that its data center facility in Middenmeer, the Netherlands, is now operational. Both locations serve...

Rocket Fiber Promises 10G Residential Internet in Detroit

Rocket Fiber, a Detroit-based optical fiber Internet service provider backed by Quicken Loans, announced plans to provide up to 10 Gbps Internet speeds for residential customers and up to 100G for businesses. Rocket Fiber beta testing has already begun for residents connected to the service at The Albert and Malcomson Buildings in Detroit's Capitol Park neighborhood. In addition, 19 office buildings have been connected to the Rocket Fiber network...

EZChip Postpones Vote on Acquisition by Mellanox

At the request of Mellanox Technologies, EZChip is postponing the date for its shareholders to vote on the current acquisition agreement by Mellanox. The vote had be scheduled for November 12. Mellanox has proposed a waiver of its merger termination fee and a 30-day go-shop period under which EZChip could solicit third party offers. Mellanox also reaffirmed its "full, fair and firm" offer of $25.50 per EZchip share, which represents a premium of...

Zayo to Acquire Viatel for European Fiber Networks

Zayo agreed to acquire Viatel’s infrastructure and non-Irish enterprise businesses for approximately EUR 95 million. Viatel is a wholly owned subsidiary of the Digiweb Group, a full service telecommunications and managed services operator, based in Dublin, Ireland. Zayo said the Viatel acquisition will bring an 8,400 kilometer fiber network across eight countries. The transaction will add 12 new metro networks, seven data centers and connectivity...

Juniper Appoints Security CTO

Juniper Networks announced the appointment of Kevin Walker as security chief technology officer (CTO). He joins the company with more than 25 years of experience in information security and technology, most recently serving as vice president and assistant chief information security officer at Walmart.com. He has also served in a variety of roles, including chief information security officer, chief security strategist and director of information security...