CoreSite's Open Cloud Exchange ties into Google Cloud

CoreSite is enhancing its software-defined networking platform, Open Cloud Exchange (OCX), with the ability to automatically provision hybrid architectures within Google Cloud. Direct cloud-to-cloud capabilities will be available through the OCX.CoreSite’s high-performance OCX switching platform enables secure, low latency connectivity among the company’s data centers, cloud providers and digital ecosystem.The new network services will provide enhanced...

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AT&T says consumer demand remains healthy, CAPEX plans on track

AT&T expects to invest at record levels this year to meet growing demand for core connectivity, while also meeting free cash flow guidance for the year in the $14 billion range and continuing to pay an attractive dividend, according to Pascal Desroches, senior executive vice president and chief financial officer.Speaking at the Morgan Stanley European Technology, Media & Telecom Conference, Desroches said AT&T expects elevated levels...

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Lockheed Martin and Microsoft expand classified cloud work

Lockheed Martin and Microsoft have expanded their strategic relationship to help power the next generation of technology for the Department of Defense (DOD) in four critical areas:Classified Cloud Innovations: Microsoft’s latest secure framework will make Lockheed Martin the first non-government entity to independently operate inside the Microsoft Azure Government Secret cloud ushering in a new era of cloud opportunities for industry.Artificial Intelligence/Machine...

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Keysight reports record revenue and orders

Keysight Technologies reported quarterly revenue of $1.44 billion, up 11% compared with $1.29 billion last year, or 15% on a core basis, which excludes the impact of foreign currency changes and revenue associated with businesses acquired or divested within the last twelve months. Non-GAAP net income was $386 million, or $2.14 per share, compared with $338 million, or $1.82 per share in the fourth quarter of 2021.“Keysight’s exceptional fourth quarter...

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Palo Alto Networks hits sales of $1.6B, up 25% yoy

Palo Alto Networks reported total revenue for $1.6 billion for its fiscal first quarter 2023, ended October 31, up 25% year compared with total revenue of $1.2 billion for the fiscal first quarter 2022. GAAP net income for the fiscal first quarter 2023 was $20.0 million, or $0.06 per diluted share, compared with GAAP net loss of $103.6 million, or $0.35 per diluted share, for the fiscal first quarter 2022. Non-GAAP net income for the fiscal first...

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Astera Labs raises $150M for its CXL platform

Astera Labs, a start-up based in Santa Clara, California, raised $150 million in Series-D funding with a $3.15B valuation for its data and memory connectivity solutions based on Compute Express Link (CXL), PCIe, and Ethernet technologies. Fidelity led the funding round and was joined by other existing investors, including Atreides Management, Intel Capital, and Sutter Hill Ventures.“Astera Labs continues to surpass every milestone for a technology...

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FCC updates 911 rules

The FCC updated its rules to promote public safety by ensuring that 911 call centers receive timely and useful notifications of network disruptions that affect 911 service. These notifications will help 911 call centers maintain emergency services and inform the public when to use alternatives to call 911.One of the ways the Commission oversees the integrity of 911 communications infrastructure is by requiring service providers to report network...

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Greece’s biggest power utility deploys Adtran's fiber access

Greece’s biggest power utility, Public Power Corporation (PPC), is deploying the Adtran end-to-end fiber broadband solution to launch its pilot high-speed wholesale network in the municipality of Peristeri, within the region of Attica. When expanded nationwide, PPC plans to support all local broadband service providers and connect over three million homes and businesses with fiber over the next four years.PPC has approximately six million electricity...

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Viavi opens manufacturing site in Arizona

VIAVI Solutions opened its new production facility in Chandler, Arizona, featuring its most modern and efficient optical coating capabilities. To mark the completion of the new production facility and global headquarters, VIAVI held a grand opening in Chandler on November 10. The plant's opening is a boon for the local economy, representing an initial capital infusion of nearly $100 million, with a further $50 million expected to be generated...

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