Sunday, October 30, 2011

Cavium Posts Q3 Revenue of $67.7 Million

Cavium Networks reported Q3 sales of $67.7 million, a 5.4% sequential decrease from the $71.6 million reported for the second quarter of 2011 and an increase of 22.7% from the $55.2 million reported for the third quarter of last year. Net income for the third quarter of 2011, on a GAAP basis, was $6.0 million, or $0.12 per diluted share, compared to net income of $1.9 million, or $0.04 per diluted share in the second quarter of 2011, and a net income of $5.0 million, or $0.10 per diluted share in the third quarter of last year.


Though revenues this quarter were in line with the updated financial outlook we provided in September, they were weaker than originally expected, in the enterprise market as well as recognized software services revenue. Sales into the enterprise market were affected by a larger than expected impact of a hub transition at one of our major customers as well as lower demand from other enterprise customers as they adjust their supply chain inventory due to the softer demand environment�?, said Syed Ali, President and CEO of Cavium. http://www.cavium.com

Novatel Wireless' MiFi Shipments Hit 3 Million

Novatel Wireless announced that shipments of its MiFi Intelligent Mobile Hotspot have surpassed three million devices since product introduction in 2009. The devices are currently sold by 25 carriers worldwide. The company owns significant intellectual property and holds numerous U.S. and international key patents and patent applications around core elements of the MiFi Intelligent Mobile Hotspot family of products.


"Three years ago we introduced the MiFi Intelligent Mobile Hotspot and revolutionized the way people access the Internet, from anywhere, anytime," says Peter Leparulo, CEO of Novatel Wireless. "The MiFi system architecture brought a new user-experience to mobile broadband consumers, with one click connect and no software to install. It also allows carriers to reach a wider, more diverse subscriber base with innovative service opportunities. We are very pleased to have achieved this milestone – illustrating our significant market and product leadership for mobile hotspots."http://

Aviat Networks Appoints President & CFO

Aviat Networks appointed Edward J. ('Ned') Hayes, Jr. as senior vice president and chief financial officer. Previously, Hayes spent the last five years as the chief financial officer at Pillar Data Systems, Inc., an enterprise data storage company, until its recent acquisition by Oracle Corporation. Before joining Pillar Data, he served as executive vice president and chief financial officer of Quantum Corporation, a $1B data storage company publicly traded on the NYSE. Mr. Hayes also served as president and chief executive officer of DirecTV Broadband, Inc., an internet service provider and executive vice president and chief financial officer of Telocity.
http://www.us.aviatnetworks.com

Leap Wireless Gains Momentum in Q3, First LTE Deployment Later this Year

Leap Wireless reported Q3 revenue of $717.3 million, up 19.4% over the same period last year. Adjusted operating income before depreciation and amortization (OIBDA) for Q3 was $154.3 million, a 25.2 percent increase over the third quarter of 2010.


Leap Wireless saw 666,000 gross customer additions for the quarter, ending the period with 5,755,000 customers. The company also reported approximately 666,000 gross customer additions for the quarter. The Company also reported a net gain of approximately 73,000 voice customers and a net loss of approximately 64,000 broadband customers, resulting in a net gain of approximately 10,000 customers, compared to a net loss of approximately 200,000 customers in the third quarter of 2010. Churn for the quarter was 3.8 percent, down from 5.5 percent for the third quarter of 2010. Third quarter voice churn was 3.4 percent, down from 5.2 percent for the third quarter of 2010.


"Our third quarter results reflect the benefits of the devices, service plans and nationwide 3G voice and data network coverage that we have introduced," said Doug Hutcheson, Leap's president and chief executive officer. "Our voice net additions improved by more than 245,000 customers year-over-year, reflecting continued improvements in gross customer additions and voice churn of 3.4 percent, a 180 basis point improvement year-over-year. In addition, ARPU increased to $41.25, reflecting the adoption of smartphones and Muve Music™ devices and related service plans by a third of our voice customers.


Leap Wireless also confirmed plans to deploy LTE across approximately two-thirds of its current network footprint over the next two to three years, with a commercial trial market scheduled to be launched in late 2011. The Company plans to cover approximately 25 million POPs with LTE network technology in 2012. Aggregate capital expenditures for LTE deployment are expected to be less than $10 per covered POP, excluding capitalized interest.


The company noted that its operating markets have an average of 23 MHz of spectrum, including an initial reserve for LTE.
http://www.leapwireless.com

Mendix Raises $13 Million for PaaS

Mendix, a start-up based in Boston, raised $13 million in series A funding for its Platform-as-a-Service (PaaS).

the Mendix Agile Business Platform helps companies rapidly develop, deploy and integrate applications at a fraction of the time of existing tools and platforms. Mendix applications can then be deployed in the cloud, on mobile devices or locally at the customer's site.


The funding was led by Prime Ventures, with HENQ Invest following on its earlier seed investment.


To date we have always organically achieved triple-digit growth on the results of delivering business value and solving real pain-points for our clients,�? said Derek Roos, CEO of Mendix. “Our customers are looking to increase their business agility and turn to Mendix to jump-start their productivity and app deployment. The partnership with Prime comes at the right time for us to accelerate our abilities to meet this demand and act quickly in sales, marketing and product innovation.�?http://www.mendix.com

Integra Telecom Expands Ethernet Portfolio with ADTRAN

Integra Telecom, which operates in 11 states across the western U.S., has partnered with ADTRAN to bolster its Ethernet Services. Specifically, Integra is deploying the ADTRAN Total Access 5000 to bring Ethernet Services to nearly 300 central offices using Ethernet over TDM (EoTDM) technology.
The ADTRAN platform provides support for Ethernet over direct fiber, optical wavelengths (C/DWDM), copper (e.SHDSL, ADSL2+, VDSL2), SONET, and TDM (DS1/E1, DS3). Financial terms were not disclosed.


“Integra's ability to extend a network-wide deployment for end-to-end Ethernet Services using MEF certified solutions brings a great deal of value to our customer base,�? said Craig Heidgerken, vice president of engineering at Integra Telecom. “Our customers are looking for private, carrier-grade Ethernet access to all of their locations--regardless of whether they reside in a downtown area, in the suburbs, or a more remote location. With the added deployment flexibility of the ADTRAN solution, we can now exceed our customers' expectations for high-bandwidth access.�?http://www.adtran.com

Cavium Posts Q3 Revenue of $67.7 Million

Cavium Networks reported Q3 sales of $67.7 million, a 5.4% sequential decrease from the $71.6 million reported for the second quarter of 2011 and an increase of 22.7% from the $55.2 million reported for the third quarter of last year. Net income for the third quarter of 2011, on a GAAP basis, was $6.0 million, or $0.12 per diluted share, compared to net income of $1.9 million, or $0.04 per diluted share in the second quarter of 2011, and a net income of $5.0 million, or $0.10 per diluted share in the third quarter of last year.


Though revenues this quarter were in line with the updated financial outlook we provided in September, they were weaker than originally expected, in the enterprise market as well as recognized software services revenue. Sales into the enterprise market were affected by a larger than expected impact of a hub transition at one of our major customers as well as lower demand from other enterprise customers as they adjust their supply chain inventory due to the softer demand environment�?, said Syed Ali, President and CEO of Cavium. http://www.cavium.com

Novatel Wireless' MiFi Shipments Hit 3 Million

Novatel Wireless announced that shipments of its MiFi Intelligent Mobile Hotspot have surpassed three million devices since product introduction in 2009. The devices are currently sold by 25 carriers worldwide. The company owns significant intellectual property and holds numerous U.S. and international key patents and patent applications around core elements of the MiFi Intelligent Mobile Hotspot family of products.


"Three years ago we introduced the MiFi Intelligent Mobile Hotspot and revolutionized the way people access the Internet, from anywhere, anytime," says Peter Leparulo, CEO of Novatel Wireless. "The MiFi system architecture brought a new user-experience to mobile broadband consumers, with one click connect and no software to install. It also allows carriers to reach a wider, more diverse subscriber base with innovative service opportunities. We are very pleased to have achieved this milestone – illustrating our significant market and product leadership for mobile hotspots."http://

Aviat Networks Appoints President & CFO

Aviat Networks appointed Edward J. ('Ned') Hayes, Jr. as senior vice president and chief financial officer. Previously, Hayes spent the last five years as the chief financial officer at Pillar Data Systems, Inc., an enterprise data storage company, until its recent acquisition by Oracle Corporation. Before joining Pillar Data, he served as executive vice president and chief financial officer of Quantum Corporation, a $1B data storage company publicly traded on the NYSE. Mr. Hayes also served as president and chief executive officer of DirecTV Broadband, Inc., an internet service provider and executive vice president and chief financial officer of Telocity.
http://www.us.aviatnetworks.com

Leap Wireless Gains Momentum in Q3, First LTE Deployment Later this Year

Leap Wireless reported Q3 revenue of $717.3 million, up 19.4% over the same period last year. Adjusted operating income before depreciation and amortization (OIBDA) for Q3 was $154.3 million, a 25.2 percent increase over the third quarter of 2010.


Leap Wireless saw 666,000 gross customer additions for the quarter, ending the period with 5,755,000 customers. The company also reported approximately 666,000 gross customer additions for the quarter. The Company also reported a net gain of approximately 73,000 voice customers and a net loss of approximately 64,000 broadband customers, resulting in a net gain of approximately 10,000 customers, compared to a net loss of approximately 200,000 customers in the third quarter of 2010. Churn for the quarter was 3.8 percent, down from 5.5 percent for the third quarter of 2010. Third quarter voice churn was 3.4 percent, down from 5.2 percent for the third quarter of 2010.


"Our third quarter results reflect the benefits of the devices, service plans and nationwide 3G voice and data network coverage that we have introduced," said Doug Hutcheson, Leap's president and chief executive officer. "Our voice net additions improved by more than 245,000 customers year-over-year, reflecting continued improvements in gross customer additions and voice churn of 3.4 percent, a 180 basis point improvement year-over-year. In addition, ARPU increased to $41.25, reflecting the adoption of smartphones and Muve Music™ devices and related service plans by a third of our voice customers.


Leap Wireless also confirmed plans to deploy LTE across approximately two-thirds of its current network footprint over the next two to three years, with a commercial trial market scheduled to be launched in late 2011. The Company plans to cover approximately 25 million POPs with LTE network technology in 2012. Aggregate capital expenditures for LTE deployment are expected to be less than $10 per covered POP, excluding capitalized interest.


The company noted that its operating markets have an average of 23 MHz of spectrum, including an initial reserve for LTE.
http://www.leapwireless.com

Mendix Raises $13 Million for PaaS

Mendix, a start-up based in Boston, raised $13 million in series A funding for its Platform-as-a-Service (PaaS).

the Mendix Agile Business Platform helps companies rapidly develop, deploy and integrate applications at a fraction of the time of existing tools and platforms. Mendix applications can then be deployed in the cloud, on mobile devices or locally at the customer's site.


The funding was led by Prime Ventures, with HENQ Invest following on its earlier seed investment.


To date we have always organically achieved triple-digit growth on the results of delivering business value and solving real pain-points for our clients,�? said Derek Roos, CEO of Mendix. “Our customers are looking to increase their business agility and turn to Mendix to jump-start their productivity and app deployment. The partnership with Prime comes at the right time for us to accelerate our abilities to meet this demand and act quickly in sales, marketing and product innovation.�?http://www.mendix.com

Integra Telecom Expands Ethernet Portfolio with ADTRAN

Integra Telecom, which operates in 11 states across the western U.S., has partnered with ADTRAN to bolster its Ethernet Services. Specifically, Integra is deploying the ADTRAN Total Access 5000 to bring Ethernet Services to nearly 300 central offices using Ethernet over TDM (EoTDM) technology.
The ADTRAN platform provides support for Ethernet over direct fiber, optical wavelengths (C/DWDM), copper (e.SHDSL, ADSL2+, VDSL2), SONET, and TDM (DS1/E1, DS3). Financial terms were not disclosed.


“Integra's ability to extend a network-wide deployment for end-to-end Ethernet Services using MEF certified solutions brings a great deal of value to our customer base,�? said Craig Heidgerken, vice president of engineering at Integra Telecom. “Our customers are looking for private, carrier-grade Ethernet access to all of their locations--regardless of whether they reside in a downtown area, in the suburbs, or a more remote location. With the added deployment flexibility of the ADTRAN solution, we can now exceed our customers' expectations for high-bandwidth access.�?http://www.adtran.com

AT&T Readies Two Android LTE Smartphones

AT&T introduced two new Android smartphones for its LTE network: the HTC Vivid and Samsung Galaxy S II Skyrocket. The HTC Vivid, powered by a dual core 1.2 GHz processor and a brilliant 4.5-inch qHD display, is priced at $199.99 with a two-year commitment. The Samsung Galaxy S II Skyrocket, powered by a 1.5 GHz dual core processor and a 4.5-inch SuperAMOLED Plus display(800x480 pixels), costs $249.99 with a two-year commitment.


In addition, the company will be activating LTE service on Nov. 6 in Boston, Washington, D.C., Baltimore, and Athens, Ga. This brings AT&T's 4G LTE network to a total of 9 markets, including Atlanta, Chicago, Dallas-Fort Worth, Houston and San Antonio, and it plans to reach 15 markets and 70 million Americans by year-end 2011. http://www.att.com

BT Accelerates FTTH Rollout - Recruits Military Personnel

BT is accelerating its rollout of fibre broadband services. The company now plans to deliver fibre broadband to two thirds of UK premises by the end of 2014, one year ahead of its original target of 2015. To help achieve this, BT will recruit a further 520 engineers to assist with the deployment, most of whom will be ex-armed forces.


“Our roll-out of fibre broadband is one of the fastest in the world and so it is great to be ahead of what was an already challenging schedule. The acceleration reflects the success of the programme to date and is testament to the hard work and innovation of our people.. We are investing when others are merely talking about it," stated Ian Livingston, CEO of BT Group.


“Thousands of our engineers are busy installing fibre broadband across the UK at an astonishing pace. The recruitment of an additional five hundred engineers will help us go even faster and ensure we are ready to help supply other areas should we win BDUK funds. We are proud that most of these jobs will be filled by ex-armed forces personnel.�?


BT noted that its roll-out of fibre broadband is well underway, with six million premises already having access to the technology. That figure will leap to ten million in 2012 and then two thirds of premises by the end of 2014. BT's network can be used by all companies on an open wholesale basis and so underpins a fully competitive marketplace. http://www.btplc.com

  • In October, BT's Openreach division significantly cut prices for pole and duct access as well as breaking down many of those products into their component parts. Other carriers are encouraged to use such infrastructure to deliver fibre broadband to rural areas. Openreach said its new prices are significantly lower – in some cases more than 60 per cent lower - than the draft ones issued in January when there was a limited understanding of the costs and challenges incurred with providing such access.


  • Also in October 2011, Openreach, the wholesale access division of the BT Group, launched its initial 110 Mbps Fibre to the Premises (FTTP) service and announced plans to boost this capacity to 300 Mbps starting next year. The company's first commercial FTTP connections are launching in Ashford in Middlesex, Bradwell Abbey in Milton Keynes, Highams Park in North London, Chester South, St Austell and York this month. Trials of 1 Gbps connections are also underway. Openreach also revealed a third boost for broadband speeds by saying it now has approval from the relevant authorities to roughly double the speeds delivered by Fibre to the Cabinet (FTTC) broadband. This development will see FTTC downstream speeds roughly double from up to 40Mbps to up to 80Mbps.

SolidFire Raises $25 Million for SSD for Cloud Providers

SolidFire, a start-up based in Boulder Colorado, raised $25 million in second round funding for its all-solid-state (SSD) primary storage systems for cloud service providers,


SolidFire has developed a Flash based storage node and an Element Operating System to solve the unique technical and economic requirements of primary block storage in the cloud. Storage systems (clusters) are built through the combination of multiple SF3010 Storage Nodes over a 10 Gb iSCSI Ethernet grid.


NEA, Valhalla Partners, and Novak Biddle participated in the round. This brings total funding for SolidFire to $37 million. http://www.solidfire.com

T-Labs Expands its Research Focus

"Innovation" has been added to the name of Deutsche Telekom's T-Labs division to indicate a new direction. The new focus of the work at T-Labs is on the development of applications and services for interactive media and new telecommunications applications, as well as in the areas Connected Home, Machine-to-Machine (M2M), Smart Grid and Mobile Payment. It will continue focusing on cloud applications, the development of broadband networks and the optimization of Telekom's infrastructure. In addition, Heinrich Arnold has been appointed manager of the new T-Labs.


Telekom Innovation Laboratories (T-Labs) currently has approximately 360 employees from 20 countries at sites in Berlin, Darmstadt, Bonn, Los Altos (USA) and Beer Sheva (Israel), T-Labs is therefore now officially called Telekom Innovation Laboratories (T-Labs).


http://www.laboratories.telekom.com/ipws/English/Pages/Willkommen.aspx

Russia's TransTeleCom Chooses Juniper Edge Routers

Russia's TransTeleCom has selected Juniper Networks' MX Series 3D Universal Edge Routers to provide the Ethernet bandwidth required to ensure high-speed connectivity while delivering innovative applications and services such as IP-VPN, L2-VPN, video conference across Russia and IP-transit to its subscribers across 75,000 km of cables running along railway lines and 1,000 access nodes. http://www.juniper.net

Radisys Teams with Cavium on Ultra-High Capacity DPI

Radisys introduced an AdvancedTCA product based on the new Cavium NEURON Search Processor.


The new solution is based of the Radisys ATCA-7240, a versatile full-duplex 40G packet processing module that provides a complete line-rate solution for applications such as Serving Gateways (SGW), Session Border Control (SBC), Security Gateways, DPI, Edge Routers, Media Gateways and Mobility Management Entity (MME) network elements found in the 4G Long Term Evolution (LTE) Evolved Packet Core (EPC). The ATCA-7240 provides the ability to offload L2-L4 Access Control List (ACL) and Longest Prefix Match (LPM) lookups in a deterministic fashion from the data processing blocks thereby accelerating complex search requirements and making the ATCA-7240 an ideal fit for high-speed networking applications such as packet classification, access list control and intrusion detection.


"As telecom equipment providers develop high-performance applications for LTE networks, they need state-of-the-art, industry standard building blocks that help them get to market faster," said Venkataraman Prasannan, General Manager, ATCA at Radisys. "Utilizing the breakthrough DPI silicon technology from Cavium, the Radisys ATCA-7240 will provide the industry's highest performance, most cost effective packet processing and network search capabilities." http://www.radisys.com
http://www.cavium.com


Cavium Ships 64-core NITROX III Security Processor

Cavium has begun shipping its new NITROX III security processors, which integrate 16 to 64 purpose-built security RISC cores and multiple compression engines to deliver up to 200K SSL ops, 40Gbps SSL and IPSec and 20Gbps compression processing along with virtualization hardware with a PCI-Express Gen 2 16-lane interface.

Cavium calculates that the level of performance in these new processors is up to 5 times greater than alternative multi-chip solutions within the same power envelope.

http://www.cavium.com


Juniper Networks Expands Mobile Security Partnership with Samsung

Juniper Networks announced an expansion of its partnership with Samsung to deliver mobile security, secure connectivity and device management capabilities for enterprise customers of Samsung high-end smart mobile devices, starting with GALAXY Note, GALAXY SII and GALAXY Tab 10.1.


The companies said their expanded partnership builds on existing efforts to provide Juniper Networks Junos Pulse and Junos Pulse Mobile Security Suite full line of features and services on select Samsung mobile devices, enabling reliable, secure mobile remote access (via SSL VPN), application and threat protection, and mobile device management and control.


"Our partnership with a major mobile device manufacturer, such as Samsung, enables us to jointly deliver on critical and innovative functionality enabling the highest value for our joint customers," said Sanjay Beri, vice president and general manager, Junos Pulse Business Unit, Juniper Networks. "Juniper and Samsung are committed to a partnership wherein the two companies will continue to deliver secure, business-ready solutions enhancing security posture for enterprises and enabling new differentiated offerings for service providers."


Junos Pulse provides full Layer 3 SSL VPN functionality enabling secure anytime anywhere access to any network accessible corporate application and resource. In addition, the latest version of Junos Pulse Mobile Security Suite includes the ability to automatically remove malicious applications from Samsung GALAXY Note, GALAXY SII and GALAXY Tab 10.1. Also, it can automatically revoke applications, without user intervention or control that an enterprise IT administrator may want to prohibit from corporate-issued or employee-owned devices which access their business data or network. http://www.juniper.net

Southern Cross Cables Upgrades with Ciena

Southern Cross Cables will increase capacity on all of its network segments between Australia, New Zealand and the United States, including one that spans more than 8,000 kilometers, using Ciena's 40/100G coherent optical solutions. The upgrade also includes implementation of Ciena's multi-protocol switching platform to enhance the network's survivability, efficiency, and intelligence. Financial terms were not disclosed. http://www.ciena.com

Infonetics: 100G ramp-up will be faster than 40G

Infonetics Research is predicting that the global market for 10G, 40G, and 100G optical transceivers will grow to $2.6 billion by 2015, more than doubling from 2010, when the market was $1.2 billion. Already, optical transceiver revenue is up 35% in the first half of 2011 (1H11) compared to the first half of 2010 (1H10).
img border="0" src="https://dl.dropbox.com/u/11402824/CND/infonetics-31oct11.jpg" align="right">

Some highlights from the company's latest 10G/40G/100G Optical Transceivers Market Size and Forecast:



  • By 2015, the 40G and 100G segments of the market together will make up 40% of total optical transceiver revenue.


  • Revenue for 40G long reach transceivers jumped 93% from 2H10 to 1H11, and overall 40G port shipments grew 29%, with a surge in 40G coherent shipments by network equipment manufacturers (NEMs).


  • Ciena, Cisco, and Alcatel-Lucent are ramping up production amidst an aggressive pricing push to grab coherent footprint


  • Growth in the 100G market will outpace growth in the 40G market starting in 2013 as multiple suppliers transition to production; pricing for 100G products is expected to compare favorably to 40G by 2013 and at these prices, customers show a preference for 100G technology.


  • NEMs developing their own 100G solutions control 70%+ of the optical equipment market share, leaving long reach transponder vendors to fight for the remaining 30% of the market.

http://www.infonetics.com

See also