Microsoft Announces Project Olympus - OCP Hardware Designs

Microsoft, in collaboration with the Open Compute Project (OCP), announced Project Olympus – a next generation hyperscale cloud hardware design and a new model for open source hardware development with the OCP community. With Project Olympus, Microsoft said it hopes to foster a model of open source collaboration that has been embraced for software but has historically been at odds with the physical demands of developing hardware. Rather than contributing...

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CenturyLink to Acquire Level 3 for $34 Billion

CenturyLink agreed to acquire Level 3 Communications in a cash and stock transaction valued at approximately $34 billion, including the assumption of debt. The deal combines CenturyLink's larger enterprise customer base with Level 3's global network footprint. The companies said this scale will enable further investment in the reach and speeds of its broadband infrastructure for small businesses and consumers. After close, CenturyLink's Glen Post...

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OpenSwitch Adds Contributions from Dell EMC and SnapRoute

The OpenSwitch Project, which is developing an open source, Linux-based Network Operating System, announced contributions from SnapRoute and Dell EMC. The enhanced contributions include: SnapRoute’s open source network stack and management services, which enable a fully modular, hardware independent NOS, accessible through a complete set of APIs. Dell EMC’s OS10 Open Edition, which represents a fully open, fully disaggregated base subsystem incorporating...

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Bloomberg: Brocade Contemplates a Sale

Shares in Brocade surged 22% following a report published by Bloomberg that the company is in advanced stages of selling itself.  Broadcom may be interested in acquiring the company, according to Bloomberg, but company commented for the report. Broadcom, which recently completed its merger with Avago Technologies, sells merchant silicon to many of network equipment vendors, including Brocade and its competitors. https://www.bloomberg.com...

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Asia Pacific Gateway Cable Enters Service

NTT Communications announced the launch of service on the consortium-backed Asia Pacific Gateway (APG) optical submarine cable network. APG, which spans a total length of 10,400 km, leverages 100 Gbps optical transmission and digital coherent technology to deliver a capacity of more than 54 Tbps, the highest of any network in Asia. NTT said the cable routing avoids areas prone to earthquakes and typhoons, and has connectivity points in Mainland...

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Ciena Unveils WaveLogic Ai Programmable Modem

Ciena unveiled its WaveLogic Ai, a programmable coherent modem that is positioned as a foundational technology for future "self-driving" networks. Ciena said its WaveLogic Ai coherent modem can drive 400G single carrier transmission in metro and DCI applications, while establishing 200G and 300G as the new reference line rates for backbone transmission in regional and long-haul networks. In submarine networks, it provides maximum capacity with ultimate...

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Kingston Adds 256 GB microSDHC Card

Kingston Digital introduced a 256GB Class 10 UHS-I microSDHC / microSDXC card. The large capacity and Class 10 UHS-I speed allows users to capture more photos (up to 64,000 12MP images) and HD videos (up to 976 minutes at 1080p 30 frames per second). The microSDHC / microSDXC Class 10 UHS-I is the smallest form factor SD card available and is the standard expandable storage option for many tablets, smartphones and action cameras. “We are excited...

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ADVA Posts Revenue of EUR 159.5 Million

ADVA Optical Networking reported record quarterly revenues of EUR 159.5 million -- at the upper end of the guidance forecast on July 21. Quarterly revenues climbed to a record high of EUR 159.5 million. The figure marks an increase of 30.4% year-on-year (YoY) (Q3 2015: EUR 122.3 million) and is at the upper end of the guidance forecast on July 21. “Our markets continue to have multiple growth drivers,” said Brian Protiva, CEO, ADVA Optical Networking....

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AT&T to Launch 400GbE Business Service

AT&T is planning to launch 400 Gigabit Ethernet business services.  A trial is planned for early 2017 across the company's production network. The 400 Gigabit Ethernet testing will be performed in 3 phases: Phase 1: Will use optical gear from Coriant to carry a true 400GbE service across a long-distance span of AT&T global backbone from New York to Washington, demonstrating that AT&T’s nationwide software-centric network is...

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ARM Intros Mali Multi-standard Video Processor for Mobiles

ARM has launched two new products: Mali-V61 -  a video processing unit (VPU) for 4K120 video performance in real-time video applications such as Facebook Live and Periscope. Mali-G51 graphics processing unit (GPU) - ARM’s most area-efficient and energy-efficient GPU to date. Based on ARM’s new Bifrost architecture which has been updated to include a redesigned texturing unit with double the throughput, the Mali-G51 GPU enables these...

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Cloudian Raises $41M for Cloud Object Storage Platform

Cloudian, a start-up based in San Mateo, California, announced $41 million in new venture funding for its hybrid cloud object storage system. Cloudian's modular, scale-out platform allows a single storage manager to effectively manage hundreds of petabytes of capacity, a level that would require a dozen or more storage managers with conventional systems. In August, Cloudian announced the availability of Cloudian HyperStore on AWS Marketplace. This...

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Fortinet Extends Presence in Azure Government Cloud

Fortinet and Microsoft announced an extension of their partnership to protect the cloud environments of their joint government customers. Specifically, Fortinet’s Security Fabric solutions for the cloud have been released on the Azure Government Cloud platform to provide comprehensive security, threat intelligence, and the visibility to detect, isolate, and respond to threats in real time for workloads running in the Government Cloud. This includes...

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Fortinet Posts Q3 Sales of $316.6 million, up 22%, but Missing Target

Fortinet reported Q3 revenue of 316.6 million, an increase of 22% compared to $260.1 million in the same quarter of 2015. GAAP net income was $6.3 million for the third quarter of 2016, compared to GAAP net income of $8.2 million for the same quarter of 2015. GAAP diluted net income per share was $0.04 for the third quarter of 2016. GAAP diluted net income per share was $0.05 in the third quarter of 2015. "While our third quarter results were...

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Vodafone Announces a Deal in Iran

Vodafone announced a deal with HiWEB, a leading Iranian ISP, to assist in rolling out and modernizing network infrastructure in Iran. Fixed and mobile Internet services will be offered under the HiWEB brand/In addition, HiWEB will be able to provide Vodafone’s multinational corporate customers with fixed and mobile services in Iran. Vodafone will also support HiWEB in marketing, distribution and sales, including the provision of Internet of Things...

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ZTE Posts Q3 Revenue of US$10.54 Billion, up 4.4% YoY

ZTE reported operating revenue of RMB71,564 million (US$10.54 billion) for Q3 2016, representing a year-on-year growth of 4.44 percent. ZTE’s net profit, attributable to holders of ordinary shares of the listed company, amounted to RMB2,859 million, representing a year-on-year growth of 9.78 percent. Basic earnings per share amounted to RMB0.69. ZTE attributed the growth primarily to 4G system products and optical transmission products in the...

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Colt Builds its Second Tokyo Data Center

Colt initiated construction of its second data center in Inzai, located just east of Tokyo. The building will offer 15MW of critical IT load across 5,000 square meters of server room space and feature state of the art energy efficiency. This development follows the recently announced additions to Colt’s data centres in London, Berlin and Hamburg. http://www.colt.net/news/new-tokyo-data-cent...

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AWS Revenue Soars 55% YoY in Q3 to Reach

Revenues for Amazon Web Services reached $3.231 billion in Q3 2016, up 55% year over year. Operating income at AWS reached $861 million, up 101% year over year. Trailing Twelve Months (TTM) sales reached $11.1 billion. North America represented 58% of the sales mix. The operating margin for the quarter was 31.6%. Some AWS highlights for the quarter from the Amazon.com quarterly financial report: Amazon Web Services (AWS) announced the availability...

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Qualcomm to Acquire NXP -- Engines for the Connected World

Qualcomm agreed to acquire all of the issued and outstanding shares of NXP for $110.00 per share in cash, representing a total enterprise value of approximately $47 billion. The deal will be financed through cash on hand and $11 billion in new debt. The companies expect total annualized synergies of $500 million within two years of close. NXP Semiconductors N.V., which headquartered in Eindhoven, Netherlands, employs approximately 45,000 people...

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CoreSite's Revenue Grows 17% YoY to $101 Million

CoreSite Realty Corporation reported third-quarter total operating revenues of $101.3 million, representing a 17.2% increase year over year. Reported third-quarter net income per diluted share were $0.36, representing 38.5% growth year over year. "We delivered another quarter of solid financial and operational performance in the third quarter, highlighted by strong earnings growth and leasing momentum. Our third quarter volume of new and expansion...

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Nokia Sees Softening Market Conditions, Especially Mobile Infrastructure

Nokia posted net sales (non-IFRS) in Q3 2016 of EUR 6.0 billion, down from EUR 6.4 billion on a comparable combined company basis for the same period a year ago. "Nokia delivered solid third quarter results. Nokia Technologies led the way, with a sharp year-on-year increase in net sales, largely driven by revenues related to the Samsung licensing agreement that was announced in Q3. The results also reflect another excellent quarter from Fixed...

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A10 Networks' Q3 Sales Hit $55 Million, up 8% but Missing Guidance

A10 Networks' Q3 2016 revenue grew to $55.1 million, up 8 percent when compared with $50.8 million in the third quarter of 2015. On a GAAP basis, A10 Networks reported a net loss for the third quarter 2016 of $4.7 million, or $0.07 per share, compared with a net loss of $9.0 million, or $0.14 per share, in the third quarter of 2015. “We reported third quarter revenue of $55.1 million, which was below our guidance and reflects a shortfall in North...

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American Tower Looks to Europe for Opportunities

American Tower, a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 144,000 tower sites, will form a joint venture with Dutch pension fund manager PGGM to develop telecommunications real estate investment opportunities in select European countries. The new company will be called ATC Europe.  American Tower will contribute its German assets into ATC Europe and PGGM will acquire...

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Mellanox Posts Sales of $224 Million, up 4.4%

Mellanox Technologies reported Q3 2016 revenues of $224.2 million, up 4.4 percent compared to $214.8 million in the second quarter of 2016. GAAP net income was $12.0 million, compared to $4.7 million in the second quarter of 2016. “We are pleased to report the sixth consecutive quarter of record revenue. We see strong customer adoption of our 25/50/100 Gigabit Ethernet solutions. We believe the transition to 25/50/100 Gigabit Ethernet provides...

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GSMA Elects Sunil Bharti Mittal as Chair

The GSMA elected new members of the GSMA Board for the two-year period from January 2017 through December 2018. The GSMA Board has also elected Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises as Chair, and re-elected Mari-Noëlle Jego-Laveissiere, Executive Vice President, Innovation, Orange Group as Deputy Chair. “I am delighted to be elected as Chairman of the GSMA, and look forward to working closely with the rest of the Board, the...

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WSJ: CenturyLink and Level3 in Merger Talks

The Wall Street Journal reported that CenturyLink and Level 3 Communications are in advanced talks to merge.  Neither company confirmed the report. Both companies operate very significant fiber backbone networks. Over the past few years, CenturyLink has acquired Qwest Communications, Savvis and Embarq (formerly Sprint's Local Telecommunications Division). In 2014, Level 3 acquired TW Telecom. In 2011, it acquired Global Crossing. http:/...

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AT&T Activates First LTE-M Commercial Site

AT&T switched on North America’s first LTE-M enabled commercial site in San Ramon, California. Key features and benefits expected from LTE-M are: Lower costs for modules that connect IoT devices to the LTE network. Longer battery life; up to 10 years for certain enabled IoT devices. Better coverage for IoT devices underground and deep inside buildings. The site activation supports the pilot of AT&T’s LTE-M Low-Power Wide-Area network...

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Vendors Showcase Application Portability with OpenStack

Vendors at this week's OpenStack Summit in Barcelona showcased application portability across a diversity of OpenStack public and private clouds. The Community Interop Challenge took a holistic approach to prove interoperability, asking all participants to successfully run the same workload and automated deployment tools across their OpenStack distributions and public clouds. The challengers ran a 3-tiered LAMPStack enterprise application using...

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Ericsson Brings on Investor AB's Börje Ekholm to Head Turnaround

Ericsson's Board of Directors has appointed Börje Ekholm President and CEO, effective January 16, 2017. Ekholm currently serves as CEO of Patricia Industries, a division within Investor. Prior to assuming this position in 2015, Börje Ekholm held the position as President and CEO of Investor AB between 2005 and 2015. Previous positions also include President of Investor Growth Capital Inc., as well as positions with Novare Kapital AB and McKinsey...

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IBM's Watson to Analyze Video Content

IBM introduced new Watson-powered cognitive services for unlocking data-rich insights for video content and audiences. The idea is to apply cognitive technology for mining and analyzing the complex data in video. “Companies are creating video with vast amounts of valuable data, but they don’t have a way to easily identify that information or audience reaction to it,” said Braxton Jarratt, general manager, IBM Cloud Video. “Today’s new services...

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F5 Posts Strong Quarter, Sales Rise to $525.3 million, up 6% YoY

F5 Networks posted revenue of $525.3 million for the fourth quarter of fiscal year 2016, up 6 percent from $496.5 million in the prior quarter and 5 percent from $501.3 million in the fourth quarter of fiscal year 2015. For fiscal year 2016, revenue was $2.0 billion, up 4 percent from $1.92 billion last year. GAAP net income for the fourth quarter was $108.9 million ($1.64 per diluted share) compared to $91.8 million ($1.37 per diluted share) in...

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Infinera Reports Revenue of $186 Million

Infinera reported GAAP revenue of $185.5 million for its third quarter of 2016 compared to $258.8 million in the second quarter of 2016 and $232.5 million in the third quarter of 2015. GAAP gross margin for the quarter was 45.6% compared to 47.8% in the second quarter of 2016 and 44.2% in the third quarter of 2015. GAAP operating margin for the quarter was (5.9)% compared to 6.2% in the second quarter of 2016 and 6.1% in the third quarter of 2015....

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Aqua Comms Appoints Nigel Bayliff as CEO

Aqua Comms , the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, has appointed Nigel Bayliff as its new Chief Executive Officer, replacing interim CEO Greg Varisco, who remains a senior executive with the company. “We are excited for Nigel to join the team as our new CEO,” remarks Mr. Varisco. “Nigel’s strategic vision, technological expertise and proven leadership experience with some...

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ARM Extends its IoT Strategy with Secure Cortex Processors

ARM unveiled new processors for delivering security, efficiency, low-power connectivity and device life cycle management for the Internet of Things (IoT).  The rolluot includes the new processors, radio technology, subsystems, end-to-end security and a cloud-based services platform, ARM is aiming to increase the rate at which IoT scales globally. Some highlights: Cortex-M33 features configuration options including a coprocessor interface,...

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Netronome Brings Express Virtio for OpenStack

Netronome announced the addition of Express Virtio (XVIO) technology to its Agilio Server Networking Platform. The XVIO technology brings to the standard Virtio drivers available in many Guest OS’s the level of performance of SR-IOV solutions but maintains full VM mobility. The advanced XVIO technology is based on and builds upon industry standard and open source technologies such as SR-IOV, Virtio and DPDK supported by OpenStack. The XVIO technology...

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