Monday, August 1, 2022

Arista clocks its first billion dollar quarter, acquires Pluribus

Arista Networks reported Q2 revenue of $1.052 billion, an increase of 20.0% compared to the first quarter of 2022, and an increase of 48.7% from the second quarter of 2021. GAAP gross margin was 61.2%, compared to GAAP gross margin of 63.1% in the first quarter of 2022 and 64.2% in the second quarter of 2021.

Non-GAAP net income was $342.7 million, or $1.08 per diluted share, compared to non-GAAP net income of $216.8 million, or $0.68 per diluted share in the second quarter of 2021.

Commenting on the company's financial results, Ita Brennan, Arista’s CFO said, “We are pleased with overall business momentum in the quarter with strong revenue growth driving significant EPS upside and demonstrating the inherent operational leverage of the business model.”

“In Q2 2022, we achieved our first billion-dollar revenue quarter, despite the challenges of an uncertain supply chain environment,” said Jayshree Ullal, President and CEO of Arista Networks. “This record milestone further validates the customer value of Arista’s differentiated cloud networking platforms, now adopted by many of the largest cloud and enterprise customers around the world.”

Arista also noted its acquisition of privately-held Pluribus Networks.  Financial terms were not disclosed. Pluribus, which was based in Palo Alto, California, developed software-defined cloud fabrics. Ericsson has been partnering with Pluribus Networks for the unified cloud network fabric of the Ericsson NFVI solution since 2016.  Pluribus has also been endorsed by NVIDIA for DPU-based networking.

Arista also noted on-going supply chain issues.

  • Over the years, Pluribus announced $145 million in venture funding over multiple rounds.

Pluribus nets $20 million to advance its distributed cloud networking

Pluribus Networks announced $20 million in new funding for its solutions for distributed cloud networking and SDN automation.Pluribus said it will use the financing to bolster R&D for multiple new product initiatives along with sales and marketing resources that will further accelerate the company’s penetration into the distributed cloud market, while supporting expansion into adjacent sectors.“With such pronounced momentum of cloud infrastructure...

Video: Four Key Things to Know about Edge Data Center Networking

The buildout of edge data centers will be one of the big investment trends for 2021. In this 3-minute clip, Mike Capuano, Chief Marketing Officer of Pluribus Networks, outlines 4 key things to know about edge data center networking.See video: our free 2020 Next-Gen Edge and Beyond Report here:

Pluribus scales up with its Adaptive Cloud Fabric

Pluribus Networks introduced a number of architectural enhancements to its Adaptic Cloud Fabric to scale hybrid clouds and edge data centers to thousands of nodes.The Pluribus Adaptive Cloud Fabric, powered by the Netvisor ONE OS and open network switching hardware, leverages a controllerless SDN architecture that incorporates network automation, virtualization, secure segmentation, visibility and analytics.The company is introducing two complementary...

Dell'Oro: Campus switch sales rise despite supply chain issues

Worldwide sales of campus switch sales rose 7% in 1Q 2022, with growth across North America, Europe, Middle East and Africa, and China, according to a new report from Dell'Oro Group. North America accounted for more than half of the sales increase during the quarter.“Remarkably and despite ongoing supply challenges, 1Q 2022 marked the fourth consecutive quarter of high single-to-double-digit growth in the market,” said Sameh Boujelbene, Senior Director...

Dell'Oro: Data center switch sales up 16% in 1Q 2022

Global data center switch sales grew robustly in 1Q 2022, reaching the second-highest revenue ever captured in the market, just 2 percent below the record sales level achieved in the prior quarter. Arista, H3C, Juniper, Star-net Ruijie, and white box vendors captured most of the growth in the market, according to a recently published report from Dell’Oro Group. Arista grew the fastest and was able to gain more than two points of revenue share during...

Arista intros 7130 Series of low latency programmable switches

Arista Networks introduced ultra low latency, highly programmable 7130 Series switching systems designed for demanding in-network applications, such as financial trading. The Arista 7130 Series of low latency programmable switchesare powered by full-featured, programmable switching silicon and ultra low latency Layer 1 and highly scalable FPGAs. The expanded 7130 Series includes two new models that integrate full-featured L2/3 switching and...

Comcast Business teams with Fortinet on SASE

Comcast Business today announced a strategic partnership with Fortinet to deliver enterprises a new set of secure access service edge (SASE), and security service edge (SSE) solutions.

The new Comcast Business offerings — delivered through Comcast Business Secure Gateways — give enterprises the option to choose from either SASE or SSE solutions backed by Fortinet’s security-driven networking technology and Equinix’s flexible cloud connection Equinix Fabric for a complete secure network service. 

Comcast Business Secure Gateways provide a fully-hosted set of SASE or SSE services covering a broad range of security networking solutions for Firewall-as-a-Service (FWaaS), Intrusion Prevention (IPS), Data Loss Prevention (DLP), Cloud Access Security Brokers (CASB), and Zero Trust Network Access (ZTNA). Comcast Business Secure Gateways are hosted across the United States at Equinix data centers, offering up to 10 gigabits per second (Gbps) of cloud connectivity for public, private, or hybrid cloud deployments. The Equinix Fabric™ enables support of Amazon Web Services, Microsoft Azure, Google Cloud, IBM and more than 200 SaaS providers.

“In today’s dynamic world, no two companies are alike and very few are the same as they were just two years ago,” said Amit Verma, Chief Technology Officer, Enterprise Solutions, Comcast Business. “By expanding our relationship with Fortinet, we are offering our clients more choice and the flexibility to choose a solution that works for them – while providing some of the latest security solutions to help keep them ready for the day – today and tomorrow.”

Video: Streamlining Secure Business Transactions with MEF LSO APIs

Automation is the process of streamlining business interactions, explains Daniele Mancuso, SVP Chief Product Management, Sparkle, and Board Director of MEF. 

MEF has developed its Lifecycle Service Orchestration (LSO) framework to promote this vision. The next step is to combine the LSO APIs with Blockchain.

Video: Automation is the path to cloud-native network solutions

Automation is key to enabling services across a global ecosystem of Service Providers, says Franck Morales, Vice President, Evolution Platform, Orange Business Services, and Director of MEF.

Here is a perspective on how this automation is developing within MEF and across the industry.

Video: Blockchain and Smart Contracts for Billing and Settlement

MEF has made tremendous progress with its LSO APIs, streamlining the transfer of information between parties. The next step is to leverage blockchain to define smart contracts, explains Daniel Bar-Lev, VP Strategic Programs, MEF.

MaxLinear releases Panther III DPU Storage Accelerator

MaxLinear released its Panther III storage accelerator based on 16 nanometer (nm) DPU architecture and features a high throughput of 200Gbps and ultra-low single-pass transformation latency. 

MaxLinear says Panther III is aimed at new opportunities within the storage market, including all-flash-array and non-volatile memory express (NVMe) systems. It offers a 12:1 data reduction technology that intelligently offloads the CPU to open all tiers of storage to their full bandwidth potential with no CPU or software limitations. 

Panther III features:

  • Faster NVMe access: Combining the NVMe SSD drives growth and Panther III 200Gbps throughput with ultra-low latency enable quicker access to larger datasets (big data), allowing higher performance data analysis to deliver better workload accuracy
  • Lower Capital Storage Expenses (CAPEX): The exclusive patent-pending MaxHash provides independent hash block size and programmable offset to enhance deduplication hit rates resulting in improved effective storage capacity and $/GB savings
  • Fast System Integration: Feature-rich software development kit (SDK) contains API, drivers, and source code for easy incorporation with end application software and software-defined storage (SDS)
  • Meet Six 9’s reliability: The built-in end-to-end data protection via Real Time Verification (RTV) of all transforms, NVMe protection, and in-line CRCs/parity assures data integrity and eliminates data loss

“Panther III comes to market at a critical inflection point for enterprise storage appliances and hyperscale data center disaggregated computing storage systems,” said James Lougheed, Vice President of High Performance Analog and Accelerator products. “With the rise of higher speed NVMe SSD drive deployment, software data compression and reduction techniques are no longer viable architectures. Even existing hardware compression offload solutions lack the ability to scale. The release of Panther III elevates the product family into a class of its own, ready to address a data storage market that’s doubling its Zettabytes capacity every three years.”

Windstream Wholesale connects to DC BLOX data center

Windstream Wholesale connected to its second DC BLOX data center at 433 6th St. South in Birmingham, Alabama, which is the first multi-tenant data center in the state of Alabama to receive Uptime Institute’s Tier III Certification of Constructed Facility (TCCF). 

Windstream Wholesale is now taking orders at the location for diverse Wave Services, Ethernet Solutions, and Dedicated Internet Access.

“We are very excited for an additional DC BLOX facility to join our growing portfolio of on-net data centers,” said Joe Scattareggia, chief revenue officer of Windstream Wholesale. “DC BLOX is an outstanding provider of secure, reliable tier III data centers, and Windstream Wholesale is pleased to support its mission of meeting the local and regional needs of businesses in growing communities. We look forward to expanding this valuable partnership with additional DC BLOX locations in the future.”