Monday, May 6, 2024

Toshiba and PacketLight demo QKD over DWDM

PacketLight Networks and Toshiba Digital Solutions demonstrated quantum key distribution (QKD) over DWDM. The demonstration, which featured the integration of Toshiba’s QKD solution with PacketLight’s OTN encrypted transport solutions, was led by the National Institute of Information and Communications Technology (NICT) of Japan at the Sapporo Snow Festival and the Okinawa testbeds respectively held in February.PacketLight and Toshiba teams...

DZS to acquire NetComm Wireless from Casa Systems

DZS agreed to acquire NetComm Wireless Pty Ltd. (NetComm), an Australian supplier of access systems that operates as a subsidiary of Casa Systems. NetComm has approximately 50 active communications service provider (CSP) and enterprise customers in the United States, Canada, Latin America, Europe, Australia and New Zealand. Financial terms were not disclosed.NetComm’s Product Portfolio:Fiber Extension: Delivers fiber-equivalent gigabit broadband...

Anetac emerges from stealth with Identity and Security Platform

Anetac, a start-up based in Los Altos, California, emerged from stealth to unveil its Dynamic Identity and Security Platform for protecting companies from blind spots of service accounts in hybrid environments. The company also announced a funding investment totaling $16 million.Anetac says its Dynamic Identity and Security Platform addresses the problem of unmonitored or poorly monitored service accounts, tokens, API, and Access Keys. According...

Lumentum posts flat revenues and it looks to cloud data center optics

 Lumentum reported revenue of $366.5 million for its fiscal third quarter ended March 30, 2024, with GAAP net loss of $127.0 million, or $1.88 per diluted share. Non-GAAP net income for the fiscal third quarter of 2024 was $19.6 million, or $0.29 per diluted share.  For comparison, net revenue for the fiscal second quarter of 2024 was $366.8 million, with GAAP net loss of $99.1 million, or $1.47 per diluted share. Net revenue for the fiscal...

EKINOPS signs optical distribution deal with EUVIC of Poland

EKINOPS announced a distribution partnership with EUVIC, which offers a range of ICT, security and IP communications technologies for its home market of Poland.Through this partnership, EUVIC can now offer the Ekinops360 portfolio of open and fully interoperable optical transport solutions including Core, Aggregation, and Central Office (street cabinet). The portfolio is further enhanced by the Celestis NMS management system to provide flexibility,...

Adtran reports Q1 revenue of $226 million

Adtran reported Q1 revenue of $226.2 million, down from $324 million for the same period last year.  Non-GAAP net loss attributable to the company for the first quarter of 2024 was $1.7 million. Non-GAAP diluted loss per share attributable to the Company for the first quarter was $0.02.ADTRAN Holdings’ Chairman and Chief Executive Officer Tom Stanton stated, "First quarter revenue and profitability came in as expected, with the weakness still impacting our results. However, we were pleased with the continued momentum in our customer win rate...