Open Disaggregated Transport Network project gets underway

A new, operator-led Open Disaggregated Transport Network (ODTN) project is underway at the Open Networking Foundation (ONF). The goal of ODTN is to build optical transport networks using disaggregated optical equipment, open and common standards, and open source software. The project will deliver an open source platform for running multi-vendor optical transport networks. It will leverage the ONF’s ONOS SDN Controller, automatically and transparently...

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Coriant announces CEO change

Coriant named Pat DiPietro as its new Chief Executive Officer, effective immediately, replacing CEO and Chairman Shaygan Kheradpir, who has stepped down from his role to pursue other opportunities. DiPietro will continue to serve as Vice Chairman of the Board, a role he has held since the founding of Coriant in 2013. DiPietro previously held senior leadership roles at Nortel and Bell Northern Research. He also previously served as Managing Partner...

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CyrusOne hits year-over-year revenue growth of 32%

CyrusOne, a data center REIT, posted Q1 2018 revenue of $196.6 million, up 32% over the same period last year. The increase in revenue was driven primarily by a 29% increase in occupied CSF, lease termination fees totaling $5.0 million, and additional interconnection services. The company said it leased approximately 29 MW of power and 226,000 CSF in the first quarter, representing $3.4 million in monthly recurring rent, inclusive of the monthly...

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Lumentum posts revenue of $298.8 million

Lumentum reported net revenue for the fiscal third quarter of 2018 of $298.8 million, with GAAP net income of $2.7 million, or $0.04 per diluted share. Non-GAAP net income for the fiscal third quarter of 2018 was $50.6 million, or $0.78 per diluted share. Non-GAAP net income for fiscal second quarter of 2018 was $107.8 million, or $1.67 per diluted share. Non-GAAP net income for the fiscal third quarter of 2017 was $30.8 million, or $0.49 per diluted...

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Equinix revenues up 28% yoy

Equinix's quarterly revenues increased 28% year-over-year to $1.216 billion; a 10% year-over-year increase on a normalized and constant currency basis. Peter Van Camp, Executive Chairman and Interim CEO and President, Equinix, stated: "As Equinix approaches its 20th anniversary, we are excited to post our 61st quarter of consecutive revenue growth, which is reflective of the critical role we serve in helping businesses interconnect their IT infrastructure...

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Orange Business Services names CEO

Orange Business Services named Dr. Helmut Reisinger as its new chief executive officer, replacing Thierry Bonhomme, who becomes special advisor to the Chairman and CEO of Orange before retirement later this year. Helmut will report to Stéphane Richard, Chairman and CEO of Orange, and will be a member of the Group’s Executive Committee. Most recently Helmut was executive vice president, International at Orange Business Services, in charge of all...

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Start-up profile: TidalScale, building an inverse hypervisor for scale-up servers

TidalScale, a start-up based in Campbell, California, is on a mission to build the world's largest virtual servers based on Intel x86 commodity hardware. The company's "inverse" hypervisor combines multiple physical servers (including their associated CPUs, memory storage and network) into one or more large software-defined virtual servers. This is the inverse equivalent of VMware because a rack of physical servers are virtualized as though it were...

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Nokia sells Digital Health business

Nokia will sell its Digital Health business to Éric Carreel, co-founder and former chairman of Withings. Financial terms were not disclosed. Digital Health's business portfolio includes consumer and enterprise products, and it manufactures and sells an ecosystem of hybrid smart watches, scales and digital health devices to consumers and enterprise partne...

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