OpenStack Foundation Charts NFV Adoption by Telcos

Global telecom providers are accelerating their adoption of Network Functions Virtualization (NFV) to increase network agility and mitigate costs. OpenStack has emerged as the NFV infrastructure platform of choice, according to a new released report from The OpenStack Foundation. The report discusses the adoption and business cases driving NFV deployment among the world’s leading telecom providers. Some highlights: NFV is changing the networking...

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FireEye Acquires iSIGHT for $200 Million in Cash

FireEye has acquired privately-held iSIGHT Partners, a provider of cyber threat intelligence for global enterprises, for $200 million in cash. The transaction closed on January 14, 2016. Additionally, the former iSIGHT shareholders will have the opportunity to earn an additional amount of $75 million in cash and equity upon the achievement of a threat intelligence bookings target on or before the end of FireEye’s second quarter of 2018. The iSIGHT...

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Ciena Announces WaveLogic Encryption

Ciena introduced its WaveLogic Encryption solution for delivering optical-layer encryption to match high capacity infrastructure needs – from 10G to 100G, 200G and beyond, from metro to ultra-long haul distances. Ciena said its WaveLogic Encryption solution is FIPS-certified and meets the highest security standards recognized globally in the industry. Powered by Ciena’s WaveLogic 3 Extreme chipset, the solution provides software programmable modulation...

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Crehan: Data Center Ethernet Switch Market to Hit $15 Billion by 2020

A confluence of faster data center Ethernet switch upgrades will propel the market to $15 billion by 2020, according to Crehan Research's latest Data Center Switch Long-Range Forecast Report. The firm projects that 100 gigabit Ethernet (GbE) switching will ramp strongly by the second half of this year, and that 400GbE will experience robust growth in 2018. The firm also predicts the adoption next year of dedicated 25GbE switch ports by customers...

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Dell Networking Disaggregates its OS from Hardware

As the next step in its Open Networking initiative launched two years ago, Dell Networking introduced its Operating System 10 (OS10), a fully-open, unmodified Linux distribution that will be offered as one of several options for purchasers of Dell data center switches. In addition to its own OS10 network operating system, Dell offers network OSes from its partners, including Big Switch, Cumulus and Pluribus. The new Dell OS10 is designed to introduce...

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Plexxi Lands Investment from Google's Venture Arm

Plexxi disclosed a strategic investment from GV (formerly Google Ventures). Financial terms were not disclosed. Plexxi said GV’s investment enables it to continue to scale its networking product offerings and company operations to meet the needs of the emerging cloud builder community and drive adoption of software-defined architecture in data centers. “Plexxi takes an innovative approach to high performance networking infrastructure,” said Rich...

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F5 Posts Q1 Revenue of $489.5 Million, up 6% YoY

F5 Networks reported Q1 2016 revenue of $489.5 million, reflecting 6 percent growth from $462.8 million in the first quarter of fiscal 2015. GAAP net income was $89.7 million ($1.28 per diluted share), compared to $89.1 million ($1.21 per diluted share) in the first quarter a year ago. Excluding the impact of stock-based compensation and amortization of purchased intangible assets, non-GAAP net income was $120.6 million ($1.73 per diluted share),...

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