DC/OS Open Source Project Gets Underway

A new open source project has gotten underway to develop a Data Center Operating System for running containers and distributed apps in production. The DC/OS project, which is derived from Mesosphere's Datacenter Operating System, the 100 percent open source DC/OS offers powerful capabilities for container operations at scale and single-click, app-store-like installation of 20+ complex distributed systems (called DC/OS "services"), including HDFS,...

Read More

Diamanti Raises $12.5 Million Appliance Built to Track Linux Containers

Diamanti (previously Datawise.io) , a start-up based in San Jose, California, emerged from stealth to unveil its converged appliance built to address the infrastructure problems that developers and operators face when deploying containers in production. The solution’s software-defined controls, which Diamanti has contributed to Kubernete’s open source project, empower developers to specify their network and storage resources and service levels. The...

Read More

VMware Posts Q1 Revenue of $1.59 Billion, Announces Stock Repurchase

VMware posted Q1 revenue of $1.59 billion, an increase of 5% from the first quarter of 2015, or up 6% year-over-year in constant currency. GAAP net income for the first quarter was $161 million, or $0.38 per diluted share, down 17% per diluted share compared to $196 million, or $0.45 per diluted share, for the first quarter of 2015. VMware also announced its intention to repurchase up to an aggregate of $1.2 billion of its Class A common stock...

Read More

Citrix Hits Q1 Sales $826 Million, up 9% YoY

Citrix achieved revenue of $826 million, compared to $761 million in the first quarter of fiscal year 2015, representing 9 percent revenue growth. Net income for the first quarter of fiscal year 2016 was $83 million, or $0.54 per diluted share, compared to $29 million, or $0.18 per diluted share, for the first quarter of fiscal year 2015. “I am very pleased with our performance this quarter on both the top line and bottom line,” said Kirill Tatarinov,...

Read More

ServiceNow Sees 44% YoY Growth for Enterprise Cloud Services

ServiceNow, which offers enterprise cloud services, reported Q1 total revenues of $305.9 million, an increase of 44% year-over-year. There was a GAAP net loss of $333.3 million, or loss of $2.06 per basic and diluted share, compared to a GAAP net loss of $58.1 million, or loss of $0.38 per basic and diluted share, in the first quarter of 2015. “We’re off to a strong start with our best first quarter ever,” said Frank Slootman, president and chief...

Read More

F5 Networks' Quarterly Sales Were Up 2% YoY

F5 Networks reported revenue of $483.7 million for its second quarter of fiscal 2016, up 2 percent from $472.1 million in the second quarter of fiscal 2015. GAAP net income was $75.4 million ($1.11 per diluted share), compared to $85.7 million ($1.18 per diluted share) in the second quarter a year ago. This result reflects the jury verdict and other associated costs with that patent litigation during the quarter. Excluding the impact of this patent...

Read More

Mellanox Posts Record Q1

Mellanox reported record Q1 revenue of $196.8 million, up 11.2 percent, compared to $176.9 million in the fourth quarter of 2015. GAAP gross margins of 64.2 percent in the first quarter compared to 70.7 percent in the fourth quarter of 2015. There was a GAAP net loss of $7.2 million, compared to net income of $43.2 million in the fourth quarter of 2015. “We are pleased to report the fourth consecutive quarter of record revenue. Our profitability...

Read More

Ericsson Names Executive Team

Ericsson announced the following leadership line-up, effective 01-July-2016: Hans Vestberg, President and CEO (since 2010) Jan Frykhammar, Executive Vice President, Chief Financial Officer and Head of Group Function Finance & Common Functions. Frykhammar currently holds the position as Executive Vice President, Chief Financial Officer and Head of Group Function Finance (since 2009) Arun Bansal, Senior Vice President and Head of Business Unit...

Read More