Wednesday, October 21, 2020

Cisco boosts high-performance SD-WAN with Catalyst 8000 Series

 Cisco introduced its  Catalyst 8000 Series Edge Platform, a new high-performance routing platform to help customers accelerate cloud adoption and deliver secure and automated connectivity to applications across cloud, data center, and edge.Cisco says its new platform allows customers to adopt cloud solutions at their own pace. It adopts a Secure Access Service Edge (SASE) architecture. Three versions are available.The Catalyst 8500 Series...

Telia Carrier delivers IP transit to Iron Mountain data centers

Telia Carrier will deliver new IP Transit Services to Iron Mountain Data Centers in Manassas, VA, Pittsburgh, PA, Edison, NJ and Phoenix, AZ in the US; and London, Amsterdam and Singapore internationally. The partnership provides Iron Mountain’s data center customers new options for high performance diverse connectivity in the US to global hubs in APAC and EMEA.“Telia Carrier prides itself on customer centricity and our global network is designed...

Lightwave Logic develops photo-stable organic polymer for optical modulators

Lightwave Logic announced photo-stable organic polymer material for use in the company's next-generation modulators. The technology will be trialed with potential customers under NDA.Lightwave Logic said its materials have shown high tolerance to high-intensity infrared light, common in a fiber optic communications environment and increasingly important as higher density of devices access the network, directly resulting in higher intensity infrared...

Ericsson's network sales rise 13% in Q3

Ericsson reported Q3 sales of SEK 57.5 (57.1) billion, up 7% YoY when adjusted for comparable units and currency.The company said growth was driven by 5G sales in mainland China.Börje Ekholm, President and CEO of Ericsson, states: "We continue to win footprint in several markets leveraging our competitive 5G portfolio. The gross margin[1] improved in all segments in the third quarter and reached 43.2% (37.8%), the highest since 2006. With the acquisition...

ADVA posts Q3 revenue of EUR 146.7 million

ADVA reported Q3 revenues of EUR 146.7 million, up 1.1% compared to Q2 2020 and up by 1.6% compared to EUR 144.3 million in the same year-ago period.Pro forma gross profit in Q3 2020 increased by 3.4% reaching EUR 51.9 million (35.4% of revenues) compared to EUR 50.2 million (34.6% of revenues) in Q2 2020 and by 5.8% compared to EUR 49.1 million (34.0% of revenues) in the year-ago quarter. The increase was mainly due to the stronger euro compared...

Telia picks Nokia as exclusive 5G RAN provider in Finland

Telia named Nokia as its exclusive provider of 5G RAN in Finland in a five-year deal. Nokia has also been chosen as the supplier of 5G standalone (SA) core in Denmark, Estonia, Finland, Lithuania, Norway and Sweden in the Nordic and Baltic regions. Financial terms were not disclosed.The upgrade in Finland will see the modernization of at 7,500 mobile sites. Nokia’s 5G core and Cloud Packet Core (CPC) portfolios will also enable Telia to build a scalable,...

Xilinx posts sales of $767 million - strength in data center and automotive

 Xilinx reported revenues of $767 million for the second quarter of its fiscal year 2021, up 5% sequentially but down 8% from the same period last year.GAAP net income for the quarter was $194 million, or $0.79 per diluted share. Non-GAAP net income was $203 million, or $0.82 per diluted share.“We are pleased with our fiscal second quarter performance, which came in above the mid-point of guidance,” said Xilinx president and CEO Victor Peng....

NETGEAR's Q3 sales leap 42% to $378 million

NETGEAR reported Q3 net revenue of $378.1 million, an increase of 42.2% from the comparable prior year quarter. Third quarter 2020 non-GAAP net income per diluted share amounted to $1.13, as compared to $0.65 in the comparable prior year quarter.Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, “The robust demand for WiFi that reliably covers the entire household continued in Q3 and signs point to this trend continuing well...