Friday, July 27, 2018

Huawei brings 5G demo to Bangladesh

Huawei conducted a demonstration of 5G technology in Bangladesh in collaboration with local operator Robi and government's Posts & Telecommunications Division, Ministry of Posts, Telecommunications and Information Technology.

Huawwei said the purpose of the event was to show how a 5G ecosystem can be cultivated in Digital Bangladesh and how to use 5G to respond to the economic transformation of Bangladesh as well as the operators.

Speaking on the occasion, Robi’s Managing Director and CEO, Mahtab Uddin Ahmed said, “5G gives us once in a lifetime opportunity to rethink all the other sectors imaginable for the socio-economic development of the country.”


Thursday, July 26, 2018

xRAN Fronthaul Control, User and Synchronization spec 2.0 approved

The xRAN Forum (xRAN) announced the approval and release of the xRAN Fronthaul Control, User and Synchronization (CUS) Plane Specification Version 2.0 and the xRAN Fronthaul Management Plane (MP) Specification Version 1.0.

The approvals allow vendors to develop new RRUs and BBUs for a wide range of deployment scenarios, which can be easily integrated with virtualized infrastructure & management systems using standardized data models.

The second major version of CUS-plane specification incorporates several enhancements over the first
version including:
• Support for 2 radio categories (A and B) to enable both simple and more complex functionality leveraging largely the same interface specification
• Additional compression modes to provide increased fronthaul bandwidth savings
• Support for critical items such as synchronization and timing to enable commercialization and interoperability in deployments
• Support for additional LTE system features like LAA, NB-IOT, including improved efficiency in parsing of U-plane packets

The first version of M-plane specification provides an open multi-vendor M-plane model for radios based on standardized modern protocols like NETCONF/YANG and includes key capabilities:
• Support for features and capabilities in v1.0 of CUS specification and several enhancements in v2.0 of CUS specification
• Flexible management architecture providing support for traditional hierarchical and hybrid (multiple NETCONF clients or EMS can directly communicate with radio) deployment models
• A comprehensive YANG model developed for 4G & 5G radios building upon industry accepted data models

The xRAN Forum, was established in October 2016 with the mission to enable best-of-breed RRUs and BBUs for a wide range of deployment scenarios, is in the process of merging with the C-RAN Alliance to form the ORAN Alliance, which is backed by AT&T, China Mobile, Deutsche Telekom, NTT DOCOMO, and Orange.

Interview - Disaggregating and Virtualizing the RAN



The xRAN Forum is a carrier-led initiative aiming to apply the principles of virtualization, openness and standardization to one area of networking that has remained stubbornly closed and proprietary -- the radio access network (RAN) and, in particular, the critical segment that connects a base station unit to the antennas. Recently, I sat down with Dr. Sachin Katti, Professor in the Electrical Engineering and Computer Science departments at Stanford...

Spirent debuts 400G Ethernet test solution

Spirent Communications introduced an 8-port 1U-high rack-mountable solution for testing 400/200/100/50 Gigabit Ethernet (GbE).

The new pX3 400G Appliance, which is the world’s highest density QSFP-DD tester, is designed to validate the forwarding performance and quality of service of ultra-high-scale, next-generation-enabled, multi-terabit routers and switches, all contained in a single rack space.

The pX3 400G appliance offers 8 ports. Spirent says up to 255 pX3 units can be interconnected to provide synchronized timing for a total of 2,040 ports. These appliances will interoperate with and complement Spirent’s extensive high speed Ethernet test modules and chassis offerings.

“As the demand for more data and higher speeds continues to increase, Spirent is continually developing new solutions for testing 400G capabilities throughout the network,” said Spirent’s General Manager of Cloud and IP, Abhitesh Kastuar. “Spirent’s latest high port density product provides our customers a lower cost of ownership per port than any other provider of test equipment on the market.”

https://www.spirent.com/Products/TestCenter/Platforms/Modules/pX3-400G?utm_source=Press+Release&utm_medium=referral&utm_campaign=Ethernet&utm_content=Press+Release


MEF 3.0 Progress Report -- Layer 1, intercarrier APIs, SD-WAN, more



Kevin Vachon, COO of MEF, provides a progress report on MEF 3.0,  which is the global services framework for “defining, delivering, and certifying agile, assured, and orchestrated communication services across a global ecosystem of automated networks.”

This week's MEF Annual Members' Meeting in Nashville was highly productive, featuring advancements in all of the following areas: Layer 1 specifications; Layer 3 specifications; SD-WAN; Carrier Ethernet work; LSO inter-carrier APIs; first MEF 3.0 certified companies;  professional certification program; planning work for the MEF18 event and Proof-of-Concepts (PoC) showcase this autumn.

See video: https://youtu.be/Yc1Qo07lwlM


SD-WAN market adoption - a perspective from Comcast Business



The market has really begun to embrace SD-WAN, says Kevin O'Toole, Senior Vice President, Product Management, Comcast Business, in order to cut their costs and unlock the power of new last-mile access networks. MEF is working on standards to support the evolution of SD-WAN.

Filmed at the MEF Annual Members' meeting in Nashville.

See video: https://youtu.be/lRE6338Veaw




Intel reports record Q2 sales - strength in data centers

Intel reported record second quarter revenue of $17.0 billion, up 15 percent YoY and driven by strength across the business and customer demand for Intel platforms.

Intel's data-centric businesses grew 26 percent, approaching 50 percent of total revenue.

PC-centric revenue was up 6 percent on strength in the commercial and enthusiast segments.

“After five decades in tech, Intel is poised to deliver our third record year in a row. We are uniquely positioned to capitalize on the need to process, store and move data, which has never been more pervasive or more valuable,” said Bob Swan, Intel CFO and Interim CEO. “Intel is now competing for a $260 billion market opportunity, and our second quarter results show that we’re winning. As a result of the continued strength we are seeing across the business, we are raising our full year revenue and earnings outlook.”

  • Intel noted the workload optimization trend in the data center is also fueling demand for FPGAs. Intel's Programmable Solutions Group (PSG) revenue grew 18 percent.
  • Intel's memory (NSG), Internet of Things Group (IOTG) and Mobileye businesses each achieved record quarterly revenue. 
  • Mobileye revenue grew 37 percent year-over-year as the adoption of advanced driver-assistance systems (ADAS) increases.


https://www.intc.com/investor-relations/default.aspx

AWS hits Q2 sales of $6.105 billion, up 49% yoy

In its quarterly report for the three months ended June 30, 2018, Amazon disclosed that AWS sales amounted to $6,105 for the period, up 49% from $4,100 a year earlier.

Quarterly news highlights for AWS

  • New enterprise customers announced during the quarter include Ryanair, Epic Games, zulily, 21st Century Fox, Verizon and its subsidiary Oath, Major League Baseball, and Formula One.
  • AWS announced the general availability of Amazon Elastic Container Service for Kubernetes (Amazon EKS), a fully managed service that makes it easy to deploy, manage, and scale containerized applications using Kubernetes on AWS. 
  • AWS announced the general availability of DeepLens, a deep learning-enabled wireless video camera built to give developers hands-on experience with machine learning. 
  • AWS announced the general availability of Amazon Neptune, a fast, reliable, and fully-managed graph database service. With Amazon Neptune, customers can efficiently store and navigate highly-connected data, allowing developers to create sophisticated, interactive graph applications that can query billions of relationships with millisecond latency.
  • AWS announced pay-per-session pricing for Amazon QuickSight, the first business intelligence service with pay-per-session pricing. Amazon QuickSight is a fast, cloud-powered, business analytics service.
  • AWS announced a new Amazon Elastic Compute Cloud (Amazon EC2) instance for AWS Snowball Edge devices (SBE1). AWS Snowball Edge is a 100TB data transfer device with on-board storage and compute that can be used to move large amounts of data into and out of AWS, as a temporary storage tier for large local data sets, or to support independent local workloads in remote locations. 
  • AWS announced the general availability of C5d Instances with Local NVMe Storage and I3 Bare Metal Instances, two new features which are part of the Amazon EC2 service within AWS’s compute portfolio. C5 Instances with Local NVMe Storage bring customers high-speed, ultra-low latency local storage to compute-intensive C5 instances. 
  • AWS announced thousands of enterprise customers are running SAP workloads on AWS. Businesses 
  • In its second year of availability, the number of databases migrated to AWS using the AWS Database Migration Service has grown to more than 80,000 databases.
  • AWS announced the general availability of Amazon Sumerian, a new managed service that allows developers to create and publish augmented reality (AR), virtual reality (VR), and 3D applications.


Nokia posts dip in Q2 revenues and profitability

Nokia reported net sales in Q2 2018 of EUR 5.3 billion, down 5% compared to EUR 5.6 billion in Q2 2017. On a constant currency basis, net sales would have been down 1%. Non-IFRS diluted EPS in Q2 2018 was EUR 0.03, compared to EUR 0.08 in Q2 2017.

Nokia’s Networks business net sales were EUR 4.7 billion, with operating profit of EUR 69 million

  • The company expects commercial 5G network deployments to begin near the end of 2018. 
  • Strong momentum continued with large enterprise vertical and webscale customers, with double-digit year-on-year growth in net sales.
  • Approximately 40% of sales pipeline now comprised of solutions, products and services from multiple business groups.

Nokia Technologies net sales were EUR 361mn, with operating profit of EUR 292mn

  • Strong track record maintained, with 23% year-on-year growth in recurring licensing net sales and 27% year-on-year operating profit increase in Q2, primarily related to license agreements entered into in 2017.
  • Nokia Technologies continued to make good progress on new licensing agreements; no major agreements were announced in Q2.

Rajeev Suri, President and CEO, Nokia commented:

"Nokia’s Q2 2018 results were consistent with our view that the first half of the year would be weak followed by an increasingly robust second half. Pleasingly, I am able to confirm that we expect to deliver 2018 results within the ranges of our annual guidance."

"Our view about the acceleration of 5G has not changed and we continue to believe that Nokia is well-positioned for the coming technology cycle given the strength of our end-to-end portfolio. Our deal win rate is very good, with significant recent successes in the key early 5G markets of the United States and China."

"The installed base of our superb high-capacity AirScale product, which enables customers to quickly upgrade to 5G without a hardware swap, is growing fast. And, the strength of our end-to-end portfolio remains a differentiator. When you look at our sales pipeline, 40% of it is now comprised of end-to-end deals. That is the highest level we have seen to-date. "

CyrusOne buys land for another data center in northern VA

CyrusOne has purchased land and a newly-built, powered shell for an enterprise data center in Sterling, Virginia -- its fourth data center campus in the region. The first phase of the facility should be ready in Q1 2019. It will eventually provide 33 megawatts of available power.

The new data center brings CyrusOne’s total power capacity in Northern Virginia to over 160 megawatts.

"Hyperscalers demand warp speed, and we’re proud to be accelerating from zero to 160 in Northern Virginia, driven by demand from cloud and enterprise customers," said Tesh Durvasula, chief commercial officer, CyrusOne. "Our land acquisition, development, construction, and capital markets teams continue to execute at a level unmatched in the industry to produce the inventory necessary to meet the ongoing need for new capacity in Northern Virginia and other key markets."

CyrusOne operates 45 data center facilities across the United States, Europe, and Asia.

Alibaba Cloud opens 2nd availability zone in Malysia

Alibaba Cloud launched its second cloud availability in Malaysia.

The new zone complements Availability Zone A, which was launched last year.

Alibaba Cloud also plans to open the first cloud-based Anti-DDoS Scrubbing Center in Malaysia in August.

“I welcome Alibaba Cloud’s effort to further support and enhance Malaysia’s digital economy. The world moves ever closer towards e-commerce and we see a considerable surge in demand by local industries to participate in this new economy on a global platform. Malaysia is now pushing ahead with efforts to strengthen its infrastructure with a view towards making access to the Internet a basic human right and categorising facilities which enhance access to broadband as a public utility,” said Gobind Singh Deo, Malaysia’s Minister of Communications and Multimedia.

Standards organizations to address Ethics in Autonomous and Intelligent Systems

A new Open Community for Ethics in Autonomous and Intelligent Systems (OCEANIS) has been formed to focus on standards as a means to address ethical matters in autonomous and intelligent systems.

IEEE and the IEEE Standards Association (IEEE-SA) are founding members.

In addition to IEEE-SA, Founding Members include:

  • Austrian Electrotechnical Association (OVE)
  • Austrian Standards International (A.S.I.)
  • British Standards Institution (BSI)
  • China Electronic Standardizations Institute (CESI)
  • International Electrotechnical Commission (IEC)
  • Ecuadorian Service for Standardization (INEN)
  • National Standards Authority of Ireland (NSAI)
  • Turkish Standards Institute (TSE)
  • Verband und Deutsche Kommission Elektrotechnik Elektronik Informationstechnik (VDE/DKE)

Konstantinos Karachalios, managing director for IEEE-SA, says, “IEEE-SA’s initiative in the establishment of OCEANIS aligns with IEEE’s tagline and with the rationale behind IEEE's Global Initiative on Ethics of Autonomous and Intelligent Systems. We are convinced that the complex ethical issues emerging in the development and deployment of such systems can only be addressed through processes that correspond to the envisioned principles, not through agreements behind closed doors. IEEE has already initiated an entirely new series of standardization projects open to any interested person and carried out through our rules-based and transparent process.”


The IEEE has announced the publication of the new IEEE 802.3bv, Standard for Ethe

Wednesday, July 25, 2018

TLS v1.3: How Do We Get from Here to There?

Spirent has been leading the way in providing companies with the tools they need to prepare for TLS v1.3. I had a chance to sit down with David DeSanto, Director, Products and Threat Research for Spirent to talk about the transition to TLS v1.3 and some of the hurdles that organizations face as they make the switch to the new de facto standard.

Jim Carroll, OND: Tell me about the evolution of TLS. How did we get to this point?

David DeSanto, Spirent: Transport Layer Security, or TLS, is a cryptographic protocol used by many applications and services such as web browsing, email communications, and multimedia communications.  It made Secure Sockets Layer, or SSL, obsolete as it offered better encryption properties such as perfect forward secrecy (PFS), newer cipher suites, etc.

TLS v1.2 is a considered the current de facto standard for cryptography when paired with a strong cipher suite and large private key (i.e., asymmetric key).  However, this comes at an impact to the user’s experience, as the protocol itself and the cipher suites offering elliptic curve with PFS and large asymmetric keys come at a performance hit.  Even in today’s world of data breach roulette, organizations choose to go with a lower encryption standard or cipher suite such that cryptographic steps do not overburden the user and potentially have them stop using their services altogether.
TLS v1.3 looks to address the concerns commonly seen with TLS v1.2.  This new standard includes performance improvements such that the user does not have as much overhead or burden in initializing the secure connection.  It also makes additional insecure cryptographic practices obsolete, which can lead to attackers improperly gaining access to the encrypted communication.

Jim Carroll, OND: What's the current status of TLS v1.3 and what is the next phase of specification development?

David DeSanto: TLS v1.3 is still in draft—specifically draft-28—and this draft has been submitted as the official standard. This was submitted in March to the IETC and is going through the IETF process to be a ratified standard.  It is expected to be ratified this year, and you can track its progress at https://datatracker.ietf.org/doc/draft-ietf-tls-tls13/.

Jim Carroll, OND: What is the market reaction so far?  Are customers implementing TLS v1.3 in big numbers?

David DeSanto: The market adoption has varied depending on the specific technology and vertical.
As TLS v1.3 is a cryptographic protocol used by a client and server to provide privacy and data integrity, users can be put into a “forced adoption” model without realizing it.  The best example of this is with one of the bigger champions of TLS v1.3: Google.  Google rolled out TLS v1.3 earlier this year within its services and consumer solutions.  If you have a Gmail account and access it using the Chrome browser, you are using TLS v1.3 and may not even know it.

There is a parallel effort—started by development at Google in 2016—to build a new transport layer protocol named QUIC (short for Quick UDP Internet Connections).  It was first submitted to the IETF in 2016 and is currently still in draft with draft-12 being the current working draft.  QUIC has encryption requirements built right into its standard and these requirements are based on TLS v1.3.  


Just these two examples show strong adoption of TLS v1.3 so far and it is expected to grow at a consistent rate.  TLS v1.3 is expected to be adopted at a much faster rate than previous iterations of the TLS protocol—due in large part to the providers we rely on today who are actively making the switch to support it quickly.  Google is joined by many others who have already implemented and have enabled support by default.

Jim Carroll, OND: What technical hurdles are there to implementing TLS v1.3?

David DeSanto: There are three crucial considerations that organizations need to keep in mind as they prepare to migrate to TLS v1.3. Every organization should be thinking about three crucial considerations:

1.      How to handle zero round trip time resumption (0-RTT)
2.      Preparing for downgrades to TLS v1.2
3.      The need for infrastructure and application testing

The 0-RTT option has the potential to significantly increase performance during an encrypted session between endpoints. With TLS v1.2, secure web communications requires two round trips between the client and server prior to the client making an HTTP request and the server generating a response. TLS v1.3 reduces this requirement to one round trip and offers the ability to inherit trust to accomplish zero round trips, or 0-RTT. 0-RTT potentially provides better performance, but it also creates a significant security risk. With 0-RTT, a transaction could be easy prey for a replay attack, in which a threat actor can intercept an encrypted client message and resend it to the server, tricking the server into improperly extending trust to the threat actor and thus potentially granting the threat actor access to sensitive data. Organizations should be wary of allowing or using 0-RTT due to the potential security risks.  Unless your application or service is highly latency sensitive, the new option is simply not worth the security risk.

Another concern is that TLS v1.3 is backward compatible to TLS v1.2 to allow for interoperability with legacy clients and servers during the transition to the new standard. It’s important to configure the security settings to ensure fallback to TLS v1.2 uses higher security standards. Organizations should disable lower cryptographic algorithms to prevent security breaches such as man-in-the-middle attacks. Select strong cipher suites, including ones that leverage elliptic curve key exchange, use large asymmetric keys, and implement PFS.

Testing is also crucial. The change to TLS v1.3 may be disruptive, and it’s important to discover and address issues proactively. Businesses should test for interoperability, security, and performance in a combined, holistic manner. Use a realistic load, generating, inspecting, and processing appropriate levels of encrypted traffic. Validate how internal and external users will interact with your systems and consider what this change in encryption may mean for an employee, customer, partner, or any other relevant stakeholder. You also have to test all clients—including mobile devices and tablets, and the entire network infrastructure, such as identity and access management systems, firewalls, web proxies, etc.

<Jim Carroll, OND: How can Spirent help with the transition to TLS v1.3?

David DeSanto: Spirent added functional security testing for TLS v1.3 to its industry-leading CyberFlood product line in July of 2017 when adding TLS v1.3 support to its Advanced Fuzzing solution.  This allowed protocol developers, QA teams, and security researchers to confirm the stability and reliability of the TLS v1.3 implementations they have built or are validating.  This includes hunting for software defects within the implementation, which could lead to software vulnerabilities.

We entered the market one year ago and extended our TLS v1.3 support in February of this year when we added performance security testing for TLS v1.3 to our CyberFlood product line. Spirent’s goal is to provide thought leadership and be a partner to allow customers to launch new solutions with confidence in network functionality, performance, and security at scale.  Others are now following our lead in providing solutions to help enterprises validate their security posture. 


Google expands its cloud database capabilities

Google Cloud Platform (GCP) is expanding its portfolio of managed database services and announcing new cloud partnerships. Here are the highlights:

  • Oracle workloads are now supported in GCP
  • SAP HANA workloads can run on GCP persistent-memory VMs
  • Cloud Firestore launching for all users developing cloud-native apps. Cloud Firestore, which is a serverless, NoSQL document database, brings the ability to store and sync app data at global scale. 
  • Regional replication, visualization tool is now available for Cloud Bigtable, which is a high-throughput, low-latency, and massively scalable NoSQL database.
  • Cloud Spanner updates, by popular demand
  • GCP is partnering with Intel and SAP to offer Compute Engine virtual machines backed by the upcoming Intel Optane DC Persistent Memory for SAP HANA workloads. GCP is scaling up its instance size roadmap for SAP HANA production workloads from a max of 4TB currently to 12TB of memory by next summer, and 18TB of memory by the end of 2019.
  • Google Compute Engine gains additional resource-based pricing options. With resource-based pricing, Google will add up all the resources you use across all your machines into a single total and then apply a usage discount. 

euNetworks brings data center interconnect to Dublin and Hilversum

euNetworks completed network investment projects in Ireland and the Netherlands.

In Ireland, euNetworks’ dc connect solution is now enabled in Dublin, giving customers access to an interconnected network of near instant capacity between 15 data centres in the city.
In the Netherlands, Hilversum has also been enabled with dc connect, supporting existing media clients in the region. euNetworks’ dc connect solution is available across the Netherlands, in Amsterdam, Rotterdam, Utrecht and now Hilversum, with pre-deployed capacity to 34 data centres in-country.

euNetworks first rolled out dc connect in London in 2014. Since then, the solution has been added to 8 of the company’s 14 fibre based city networks including Frankfurt, Paris, Manchester, Amsterdam, Utrecht, Rotterdam, and through key sites in Switzerland. Further euNetworks cities will follow as dc connect’s pre-deployed capacity delivers simple and seamless connectivity to customers, with a 20 day working day delivery SLA commitment between data centres in these locations.

“We invest in our network and deploy capital to provide high bandwidth scalable connections in the markets in which we operate,” said Jennifer Smith, Chief Financial Officer of euNetworks. “We have owned and operated a fibre network in Dublin for a number of years. The acquisition of Inland Fibre in 2015 added a number of unique features to our footprint, with routes along canalways, diversity options to key data centres as well as access to business parks. Enabling dc connect in Dublin for our customers offers further service differentiation and support as the demand for rapid turn up of high bandwidth services between data centres, including hyperscale facilities, continues.”

Facebook posts weaker financial, stock tanks

Facebook reported weaker than expected financials and trimmed its guidance for the rest of the year. Daily average usage in Europe appears to have peaked perhaps as fallout from its troubles with user privacy,

Some Facebook metrics for Q2:

  • Daily active users (DAUs) – DAUs were 1.47 billion on average for June 2018, an increase of 11% year-over-year.
  • Monthly active users (MAUs) – MAUs were 2.23 billion as of June 30, 2018, an increase of 11% year-over-year.
  • Mobile advertising revenue – Mobile advertising revenue represented approximately 91% of advertising revenue for the second quarter of 2018, up from approximately 87% of advertising revenue in the second quarter of 2017.
  • CAPEX – Capital expenditures for the second quarter of 2018 were $3.46 billion.
  •  Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $42.31 billion at the end of the second quarter of 2018.
  • Headcount – Headcount was 30,275 as of June 30, 2018, an increase of 47% year-over-year.

Why MEF 3.0?



In terms of network services, customers want simplicity and agility to transform their own businesses.  MEF 3.0 presents a massive opportunity to standardize the automation of services, says Aamir Hussain, EVP and CTO, CenturyLink.

Filmed at the MEF Members' Annual Meeting in Nashville.

See video:  https://youtu.be/jYUPE8pVVtM


Extending MEF's Scope to Layer 1 Services



MEF is extending its service definition work to Layer 1, which is often referred to as wavelength or optical services. Several client protocols are supported, including Ethernet, Fibre Channel, SONET/SDH. David Martin, Senior Systems Engineer, IP/Optical Networking, Nokia, discusses the advantages of this approach.

Filmed at the MEF Annual Members Meeting in Nashville.

See video: https://youtu.be/pZZaQK4Jrvg


Layer 1 Transport API interoperability demo -- MEF, ONF, and OIF



The recently concluded MEF-ONF-OIF interoperability demo that focused on the Software-Defined Networking (SDN) Transport Application Programming Interface (T-API).

NEC's Karthik Sethuraman and Centurylink's Jack Pugaczewski provide an overview of the demo. A proof-of-concept (PoC) on this topic will be presented at #MEF18.

See video: https://youtu.be/kahW_dxoBSk


Qualcomm drops NXP acquisition, announces $30B buyback

Having failed to gain regulatory approval from China, Qualcomm abandoned plans to acquire NXP Semiconductor. The original purchase agreement was announced on October 27, 2016. Qualcomm subsequently raised its offer to approximately US$44 billion. The deal gained regulatory approval in the U.S., the European Union, and other regions, however, the authorities in China expressed concern over the effect on competition and ultimately neither approved nor blocked the deal.

Separately, Qualcomm reported revenue of $5.6 billion for its fiscal third quarter ended June 24, 2018.

“We reported results significantly above our prior expectations for our fiscal third quarter, driven by solid execution across the company, including very strong results in our licensing business,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We intend to terminate our purchase agreement to acquire NXP when the agreement expires at the end of the day today, pending any new material developments. In addition, as previously indicated, upon termination of the agreement, we intend to pursue a stock repurchase program of up to $30 billion to deliver significant value to our stockholders.”

Qualcomm said that its results have been negatively impacted by its dispute with Apple and its contract manufacturers (who are Qualcomm licensees).

The company did not record revenues in the first nine months of fiscal 2018 or the third or fourth quarter of fiscal 2017 for royalties due on sales of Apple’s products. We expect the actions taken by these companies will continue until these disputes are resolved.

Qualcomm to Acquire NXP -- Engines for the Connected World

Qualcomm agreed to acquire all of the issued and outstanding shares of NXP for $110.00 per share in cash, representing a total enterprise value of approximately $47 billion. The deal will be financed through cash on hand and $11 billion in new debt. The companies expect total annualized synergies of $500 million within two years of close.

NXP Semiconductors N.V., which headquartered in Eindhoven, Netherlands, employs approximately 45,000 people in more than 35 countries and is known for its mixed-signal semiconductor electronics. The company was known as Philips Semiconductor prior to 2006.

Key markets include automotive, broad-based microcontrollers, secure identification, network processing and RF power. NXP has a broad customer base, serving more than 25,000 customers through its direct sales channel and global network of distribution channel partners.

For Q3 2016, NXP reported revenue of $2.469 billion, up 4.4% over a year ago, and GAAP gross profit of $1.184 billion, up 7.7% over a year ago.

The combined company is expected to have annual revenues of more than $30 billion, serviceable addressable markets of $138 billion in 2020 and leadership positions across mobile, automotive, IoT, security, RF and networking.

F5's quarterly revenue rises 4.7% yoy to $542 million

F5 Networks reported revenue of $542.2 million for its third quarter of fiscal 2018, up 4.7% from $517.8 million in the third quarter of fiscal 2017.

F5 cited growth with its software solutions and services business.

GAAP net income for the third quarter of fiscal 2018 was $122.7 million, or $1.99 per diluted share, compared to $97.7 million, or $1.52 per diluted share in the third quarter of fiscal 2017.

“I’m pleased with results for the third quarter,” said François Locoh-Donou, F5 President and Chief Executive Officer. “We continue to see momentum in our security and software business, traction in our public cloud offerings and customer excitement around new multi-cloud application solutions like BIG-IP Cloud Edition.

F5 also announced the appointment of Chad Whalen to Executive Vice President, Worldwide Sales.He was promoted from his role running F5’s worldwide cloud sales team where he was responsible for the company’s global public cloud sales strategy, program development and execution. Previous to F5, he served as VP of Global Alliances and Cloud Services at Fortinet and the GM/VP of North America Field Operations.