Riverbed to Acquire Aternity for End User Experience Monitoring

Riverbed Technology agreed to acquire Aternity, a provider of End User Experience (EUE) and application performance monitoring solutions. Aternity helps enterprises see the entire user experience for any application running on any device, providing a user-centric, application performance experience vantage point.  Aternity said it currently monitors more than 1.7 million mobile, virtual and desktop workforce endpoints.  The company is...

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AWS Grew 58% YoY in Q2, Reaching $2.9 Billion in Sales

In its Q2 financial report, Amazon revealed that revenue for Amazon Web Services (AWS) reached $2.886 billion, up 58% year over year.  The division posted operating income of $718 million. Some Q2 highlights for AWS: Amazon Web Services (AWS) announced that Salesforce selected AWS as its preferred public cloud infrastructure provider. For the first time, Salesforce will expand use of AWS to Salesforce’s core services — including Sales Cloud,...

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Google Races Forward with 21% YoY Revenue Growth

Alphabet Inc. posted Q2 revenue of $21.5 billion, up 21% over the same period last year. GAAP income came in at $5.968 billion, ahead of market expectations. "Our terrific second quarter results, with 21% revenue growth year on year, and 25% on a constant currency basis reflect the successful investments we've made over many years in rapidly expanding areas such as mobile and video. We continue to invest responsibly in support of our many compelling...

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Oracle to Acquire NetSuite for Enterprise Resource Planning

Oracle agreed to acquire NetSuite (NYSE: N), for $109.00 per share in cash, or approximately $9.3 billion. NetSuite provides a suite of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software that runs the business of more than 30,000 companies, organizations, and subsidiaries in more than 100 countries. NetSuite (originally NetLedger) was founded in 1998 by Evan Goldberg and is based in San Mateo, California. “We...

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A10 Networks Hits Revenue of $57 Million, up 20% YoY

A10 Networks reported record Q2 2016 revenue of $57.1 million, up 20 percent year-over-year. On a GAAP basis, A10 Networks reported a net loss for the second quarter 2016 of $4.9 million, or $0.08 per share, compared with a net loss of $10.0 million, or $0.16 per share, in the second quarter of 2015. Enterprise revenue of $32.0 million, increased 16 percent year-over-year Product revenue of $38.8 million, up 16 percent year-over-year Cash and marketable...

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Sprint Renews Portion of Managed Services Contract with Ericsson

Ericsson and Sprint announced a renewal of portions of the companies' 2009 managed services contract, which reaches its full term in September 2016. Financial terms were not disclosed and the companies did not reveal how large a portion of the contract has been renewed. The companies did say that Ericsson will continue to be a key business partner for Sprint, providing some multi-vendor services that support the ongoing operations, development...

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