Thursday, August 8, 2013

ShoreTel Names New CEO

ShoreTel named Don Joos as its new president and CEO, replacing Peter Blackmore, who announced his retirement in May 2013.

Joos joined ShoreTel in April 2011 as vice president of global services, and for the past year has served as senior vice president of business operations. During his time at ShoreTel, Joos has been in charge of overseeing approximately 50 percent of the company operations through the direct management of engineering, R&D, product management, global support and services, IT, quality and operations. Prior to ShoreTel, Joos spent nine years as a company vice president at Avaya and held service and operational roles at an e-commerce startup, Williams Communication Solutions, Nortel Communication Solutions and Marshalls Inc.

Blackmore served as ShoreTel's president and CEO since December 2010. During his tenure at ShoreTel, Blackmore nearly doubled the revenue, scaled global operations and accelerated the company’s growth. Blackmore announced his retirement in May 2013.

http://www.shoretel.com/about/newsroom/press_releases/ShoreTel_Names_Don_Joos_as_President__CEO.html

Wednesday, August 7, 2013

Ciena Collaborates with Research Nets on Software-defined Packet/Optical

Ciena is collaborating with CANARIE, Internet2 and StarLight to build a software-defined wide-area network that leverages OpenFlow across both the packet and transport layers.  The network features an open architecture carrier-scale controller and intrinsic multi-layer operation.

The network initially connects Ciena’s corporate headquarters in Hanover, Maryland, USA with Ciena’s largest R&D center in Ottawa, Ontario, Canada. International connectivity is achieved with Internet2 through the StarLight International/National Communications Exchange in Chicago and CANARIE, Canada's national optical fiber based advanced R&E network.

Ciena solutions included in the testbed:

  • OpenFlow v1.3-enabled 4Tb/s core switches, featuring 400G packet blades;
  • Transport – Layer 0 and Layer 1 OTN – network elements from Ciena’s industry-leading 6500 and 5400 converged packet-optical product families, configurable under extended OpenFlow protocol control;
  • A prototype open, modular and modifiable control software system that leverages open source components and is suitable for large-scale and geographically-distributed network control;
  • Multi-layer provisioning and control, driven by an abstracted northbound API;
  • Real-time analytics software designed to enable multi-layer resource optimization and dynamic network service pricing for revenue optimization.

"Going above and beyond a simple testbed, this live, fully functional network will drive continued innovation and demonstrate how a truly OPn network architecture can unleash the full power of SDN in the WAN. By building the industry’s first fully-featured, fully-open and fully-operational, end-to-end and multi-layer SDN-powered WAN, we can offer a real-world experience for customers and researchers to trial, refine and prove SDN concepts and technologies in both the network and the back office – without having to build a unique infrastructure for every use case," stated Steve Alexander, senior vice president and chief technology officer at Ciena.

http://www.ciena.com


NSN's Rebranding Brings New Logo

Nokia Siemens Networks has changed its name to NSN, reflecting the change of ownership following Nokia’s acquisition of Siemens’ entire 50 percent stake, which has just been completed.

Nokia Solutions and Networks is now wholly owned by Nokia. Rajeev Suri will continue as CEO and the NSN Executive Board will remain unchanged as a result of the transaction. The company is focused on the mobile broadband sector.

Nokia plans to continue consolidation efforts.

“While our name and brand have changed, I would like to emphasize that our overall strategy and our focus on mobile broadband remain the same,” said Rajeev Suri, CEO of NSN. “Our customers will not notice any difference in our unstinting commitment to delivering superior technology and services across the world. Today’s announcement is, however, an exciting new chapter in our transformation story."

NSN also highlighted its improved financial standing, saying improved efficiency have led to strong profitability, as shown in Nokia’s Q2 results published on July 18, 2013.

http://nsn.com/news-events/press-room/press-releases/nsn-s-new-name-spells-business-as-usual-for-mobile-broadband-powerhouse

IBM's Flex Promises Bigger Clouds in Smaller Data Centers

IBM unveiled a number of major additions to its Flex System portfolio, combining the latest server technology with new virtualization, networking and management tools.  IBM said its goal with the product launch is to help clients use smaller data center environments to quickly deploy, manage and secure increasingly larger clouds.

The key elements of today’s announcement include:


  • Flex System x222 – A new double density design built on x86 architecture that allows support for up to 2,800 Windows 7 user images in a single chassis;
  • Flex System p460 – Delivers POWER7+ performance for clients with larger workloads;
  • Flex System p270 –  A POWER7+ option that is designed for medium-sized businesses and delivers performance for technical computing and data analytics;
  • Flex System p260 –  A new entry-level POWER7+ node ideal for IBM i workloads;
  • Flex System Manager – Provides management of more systems from a single point of control and the ability to do so from any location with iOS, Android or Blackberry devices; provides a new utilization fuel gauge to help clients monitor the status and availability of their infrastructure manage; and has been expanded with the ability to manage the System x HANA-optimized x3950;
  • New switches and fabrics that help enable Software Defined Networks (SDN) and improve connectivity and performance by increasing infrastructure bandwidth up to 40Gb.

Additionally, IBM has upgraded the Flex System Manager so that clients can monitor and manage up to 5,000 infrastructure end points and do so from any location utilizing iOS, Android and Blackberry mobile devices.

http://www-03.ibm.com/press/us/en/pressrelease/41683.wss

LG's Flagship G2 Smartphone Powered by Qualcomm Snapdragon 800

LG unveiled its new flagship smartphone -- the G2, featuring a 5.2-inch Full HD display, energy efficient graphic RAM (GRAM) technology and a unique design that places all buttons on the rear of the device.

The LG G2 runs the Qualcomm Snapdragon 800 Processor with 2GB of RAM and support for LTE-Advanced. The LG G2's 13 megapixel camera offers Optical Image Stabilizer (OIS) technology and multi-point autofocus.

LG is also promoting a number of user experience features:

  • Answer Me — Automatically answers the call after lowering the ringtone when the phone is raised to one's ear.
  • Plug & Pop — Recommends options or related features to choose from when the earphone or USB cable is detected.
  • Text Link — Allows information embedded in text messages to be selected and easily saved in a memo or calendar and searched on a map or the internet.
  • QuickRemote — LG G2 be used to remotely control popular home entertainment devices
  • Slide Aside — Enables easier multitasking by simply "sliding" open apps off to the side using a three-finger swipe.
  • Guest Mode — Protects owner's privacy by displaying only pre-selected apps when guests access the phone with a secondary unlock pattern.

The LG G2 will be rolled out in over 130 wireless carriers in the next eight weeks.

"Our definition of innovation today is technology that truly resonates with consumers," said Dr. Jong-seok Park, president and CEO of the LG Electronics Mobile Communications Company, who welcomed the guests to the event. "We have always listened to and learned from consumers in pursuit of innovation. We took these insights to new heights in developing LG G2, the most exciting and ambitious mobile phone in our company's history."

http://www.lg.com

Amartus Bridges from OSS to Software Defined Services

Amartus, a developer of automated service delivery software based in Dublin, Ireland, introduced its Chameleon software-defined service orchestration (SDS) solution for on-demand network services.

 Amartus said its Chameleon SDS software is designed to support rapid rollout, provisioning and operation of network services over existing networks (Carrier Ethernet, IP-MPLS and optical), and future SDN and NFV networks.   The goal is to help service providers turn up new services in a matter of minutes.

Service features include service design, discovery, provisioning, inventory, assurance and OAM. Network features include network discovery, inventory, performance, fault and configuration.  API features include support of open standards for easy integration with existing northbound systems, partner systems and network aware application.

“Carriers’ business success is defined by service velocity, service differentiation and operational efficiency,” said Michael Kearns, president and CEO of Amartus “Chameleon SDS is the one solution that addresses all three of these and enables service providers to quickly outpace the competition.”

Chameleon SDS is now available for trials or implementation.

http://www.amartus.com


Equinix Inaugurates Fourth Data Center in Tokyo

Equinix has opened of its fourth International Business Exchange (IBX) data center in Japan, located in Ōtemachi, Tokyo.

The new data center has a total capacity of 750 cabinet equivalents with 450 cabinets available in the first phase. Equinix said the facility is an earthquake-resistant building in one of the most secure locations in Tokyo with multiple anti-disaster measures. In addition, TY4 has direct fiber connectivity to Equinix's three other IBX data centers in the city via the Equinix Metro Connect, a service that provides reliable network connectivity, allowing customers in TY4 to easily expand their business within the Equinix platform.  The company is investing $43 million in TY4.

In addition, Equinix recently announced plans to develop its first IBX in Osaka (OS1), as well as build its third Singapore data center (SG3). In addition, the company expanded into Indonesia in May 2013 in partnership with PT Data Center Infrastructure Indonesia (PT DCI), announced its plan to launch the fifth phase of its SG2 data center and completed the second phase of its fifth IBX facility in Shanghai.

http://www.equinix.com


Arris Completes Motorola Home Acquisition

Arris completed its previously announced acquisition of Motorola Home.

Arris also announced Q2 revenue of $1,000.4 million.  The company estimates that prior to the close of the acquisition, Motorola Home recorded approximately $66 million of revenue in the second quarter.

GAAP net loss in the second quarter 2013 was $(0.37) per diluted share, as compared to second quarter 2012 GAAP net income of $0.13 per diluted share and first quarter 2013 GAAP net loss of $(0.13) per diluted share. Year to date, GAAP net loss was $(0.52) per diluted share in 2013 as compared to GAAP net income of $0.18 per diluted share in 2012.  A reconciliation of adjusted net income to GAAP net income per diluted share is attached to this release and also can be found on the Company's website (www.arrisi.com).

"I am very pleased with our second quarter and first half results. The industry continues to react positively to our Motorola Home acquisition.  Our integration plans are well on their way and ahead of schedule," said Bob Stanzione, ARRIS Chairman and CEO.  "I am encouraged by the progress we are making in delivering new products to our customers and by an improving business climate."

http://www.arrisi.com



Procera Cites New Sales and Expansion Orders

Procera Networks provided the following sales updates:
  • $4.0 million in orders from two new European mobile operators, including a Tier 1 operator, and including an expansion order from an Asian Tier 1 mobile operator. Procera said that by deploying its PacketLogic Intelligent Policy Enforcement (IPE) systems, these three mobile operators can leverage fine-grained, subscriber-aware analytics and advanced policy-based control to monetize their LTE investments and maintain their subscriber's quality of service and experience. Most of the revenue from these orders was recognized in the second quarter of 2013.
  • a Tier 1 service provider in Western Europe has awarded Procera a multi-million dollar expansion order. This customer previously selected the PacketLogic PL20000 following extensive competitive product evaluation and testing that included many stand-alone and integrated competitors.  Procera expects to recognize the revenue from this follow-on order in the third and fourth quarters of 2013. Procera's PL20000 is designed to deliver fully personalized services in a policy enforcement configuration on a massive scale. It offers support for up to 320 Gbps of throughput configurable per platform, multi-system performance scaling to 5 Tbps, and the capacity to handle up to ten million subscribers and 120 million active flows.
  • Tata Communications has chosen Procera's PacketLogic Intelligent Policy Enforcement (IPE) systems to enhance its mobile network operator (MNO) managed services portfolio. Tata Communications' Hosted Policy Engine (HPE) is a management and enforcement platform which offers customers reduced complexity, costs and time for deployment and ongoing operations. The hosted implementation provides a pre-integrated best-of-breed policy control infrastructure solution on a "pay for consumption" basis. The platform enables service providers to granularly manage and monetise subscriber and application traffic across heterogeneous packet networks including CDMA, GSM, LTE, WiFi, and fixed broadband.


Dell'Oro: Service Provider Core Router Market to Rebound

The Service Provider Core Router market will see an uptick in growth in 2014 and 2015 as service providers upgrade Internet backbone networks with recently-introduced core routers, according to a newly published report by Dell’Oro Group.  The report predicts the new core router technology will drive the Service Provider Core Router market to near double-digit growth over each of the next three years, rebounding from the 10 percent decline in 2012.

“We also expect core routers and new high-capacity edge routers to be deployed into numerous metro area networks to accommodate localized traffic loads,” said Alam Tamboli, Business Analyst at Dell’Oro Group.  “Service providers will continue to increase purchases of these routers as they extend their backbone networks closer to end users to handle regional traffic,” added Tamboli.

http://www.delloro.com

Tuesday, August 6, 2013

Procera Launches NFV PacketLogic Solution for Policy Enforcement

Procera Networks launched Virtualized PacketLogic solutions based on the European Telecommunications Standards Institute (ETSI) Network Functions Virtualization (NFV) initiative.

The company's Virtualized PacketLogic solution for intelligent policy enforcement will be in a carrier-class, virtualized "appliance" package running on commodity hardware. The virtualized version will offer the same software functionality as the current hardware platform. Any hardware solution that can run standard-based virtualization software can be deployed with the PacketLogic solution modules (PSM, PRE, and PIC), including deployments that run all of the modules on a single hardware platform.

Procera said NFV enables easier performance and scalability upgrades by simply adding more CPU and memory to the virtual machine. The Virtual PacketLogic solutions can be used for any portion of the lifecycle of a Policy Enforcement deployment from the initial functional evaluation, trial deployment, service rollout, bandwidth expansion, or geographic expansion, lowering the cost of acquisition of IPE technology as well as the operational cost.

"The main promise of NFV is to benefit from commodity pricing of IT hardware, reduced power consumption and moving to a much faster service delivery method based on downloading software appliances as opposed to installing new hardware appliances," said Paul Veitch, chief network strategist at British Telecom.

"Virtualization is a natural evolution of the PacketLogic architecture," said Alexander Havang, chief technology officer for Procera. "Procera has always maintained hardware independence, and has delivered the highest performing solutions available on the market using off-the-shelf hardware technology. We have used virtualization extensively internally, and our customers are asking to deploy this in their networks today. Speed to market with new services and the ability to deliver targeted niche services also becomes a much simpler and more rapid process."

Procera's Virtual PacketLogic solutions will be available for trial in the third quarter of 2013, and are expected to be generally available by the end of 2013.

http://www.proceranetworks.com


NFV Video Series: Virtualization Meets Internet Intelligence

How will network functions virtualisation (NVF) impact network intelligence and policy enforcement?





NFV will be truly transformative, enabling far better subscriber-aware services, says James F. Brear, President and CEO of Procera. First mover advantage will be a competitive weapon for network operators that capitalize on this innovation.

1:15 - What is network virtualization?
1:50 - Why NFV?
3:34 - Major Carriers Back NFV
4:08 - Virtualization Targets
4:30 - Procera's NFV Strategy
5:16 - ETSI and ONF participation
5:40 - Procera's PacketLogic solutions running on NFV-compliant hypervisor systems
7:28 - Virtualization is on the path to Smarter Services
8:18 - Three phase approach - Intelligent Networks, NFV, SDN
8:40 - Evolution from vanilla networks to virtualized infrastructure
11:05 - Deployment opportunities - Intelligence drives True SDNs
11:50 - Network Intelligence is the foundation of the Software-defined revolution

Presented by Cam Cullen, Vice President of Global Marketing, Procera Networks.

AT&T and CSC Announce Global Cloud Alliance

AT&T and CSC have formed a global strategic alliance to develop next-generation technology solutions for enterprise businesses.

Under the agreement, the two companies plan to develop and offer cloud solutions for businesses globally.

The alliance combines CSC’s cloud services, specialized consulting and applications expertise with AT&T’s network and cloud infrastructure platform. CSC will deliver its BizCloud and other cloud services through AT&T’s global cloud infrastructure platform and networks.

CSC will provide application expertise to AT&T and its customers.   In addition, AT&T will assume management of CSC’s internal network and its managed network services portfolio with commercial clients, providing CSC and its clients with a global, highly-secure network capability and enabling development of next-generation network service offerings.

The agreement will remain in place until 2020, with the option to extend.

“This agreement advances our cloud market leadership position by layering our leading cloud platform on AT&T’s worldwide network and infrastructure architecture, capitalizing on quickly evolving technology solutions and enabling AT&T and its clients to modernize their applications to take advantage of these solutions,” said CSC President and CEO Mike Lawrie. “Additionally, this agreement enhances our ability to compete globally with AT&T’s expertise and scale to better meet customer demand.”

“This agreement gives companies a new path to innovation,” said Andy Geisse, CEO, AT&T Business Solutions.  “By harnessing AT&T’s global network and cloud infrastructure platform and CSC’s consulting and applications expertise, companies can now manage their operations better and create new ways of transforming the experience they deliver to their customers.”

http://www.att.com
http://www.csc.com


OpenPOWER Consortium Targets Hyper-Scale Data Centers

A new OpenPOWER Consortium – an open development alliance based on IBM's POWER microprocessor architecture - is being organized with the goal of building advanced server, networking, storage and GPU-acceleration technology aimed at next-generation, hyperscale and cloud data centers.  Founding members include Google, IBM, Mellanox and Tyan (a Taiwanese supplier of motherboards).

IBM said it will make its POWER hardware and software available to open development for the first time, as well as make POWER IP licensable to others, greatly expanding the ecosystem of innovators on the platform. 

The OpenPower Consortium will offer open-source POWER firmware, the software that controls basic chip functions. By doing this, IBM and the consortium can offer unprecedented customization in creating new styles of server hardware for a variety of computing workloads.  

As part of their initial collaboration within the consortium, NVIDIA and IBM will work together to integrate the CUDA GPU and POWER ecosystems.

"The founding members of the OpenPOWER Consortium represent the next generation in data-center innovation," said Steve Mills, senior vice president, and group executive, IBM Software & Systems. "Combining our talents and assets around the POWER architecture can greatly increase the rate of innovation throughout the industry. Developers now have access to an expanded and open set of server technologies for the first time. This type of 'collaborative development' model will change the way data center hardware is designed and deployed."

info@open-power.org

Level 3 to Provide North American Gateway for O3b's Satellite Network

Level 3 Communications was selected to provide a North American satellite gateway for O3b Networks, which is launching a global, next-generation satellite network for telecommunications operators, Internet service providers, and enterprise and government customers in emerging markets.

The gateway will allow O3b to link its Gigabit IP network connectivity and bandwidth services to customers located in the U.S., Caribbean and Gulf of Mexico region.

O3b, which is short for "Other Three Billion," will provide broadband connectivity everywhere on Earth within 45 degrees of latitude north and south of the Equator. The company focuses on emerging and insufficiently connected markets in Latin America, Africa, the Middle East, Asia and the Pacific.

"Level 3 gives us the infrastructure we need to provide low latency, high-speed IP services to underserved and remote areas," said Chris Schram, EVP Operations for O3b Networks. "With the help of Level 3's secure, reliable transport, O3b is building a global
system that delivers the high quality connectivity enjoyed by major world capitals to the underserved and unconnected."

http://www.level3.com


  •  In June, 3b’s first four satellites were successfully launched by an Arianespace Soyuz rocket from the Guiana Space Center. 


O3b is deploying a network of 12 satellites to deliver broadband connectivity to billions of people across emerging markets who have never had access to this level of connectivity before. 

Thales Alenia Space produced the Ka-band relay platform.

A second group of four O3b satellites will be launched in September, completing the first phase in O3b’s constellation and ahead of the launch of the company's service later in the year.

O3b Networks’ investors include SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b Networks is headquartered in St. Helier, Jersey, Channel Islands.


Association for Passive Optical LANs Sets Charter

A new Association for Passive Optical LAN (APOLAN) has been formed to promote the global adoption of passive optical networks in the local area network.  Founding members include Corning, IBM, SAIC, TE Connectivity, Tellabs, Zhone and 3M.

The association said the next generation of Passive Optical LAN technologies will bring revolutionary change for the IT industry by providing the simplicity, scale and bandwidth to address current and future demand, while minimizing costly and disruptive cabling and equipment upgrades. Backers also point to substantial savings in capital and operational costs over traditional workgroup switch-based LAN architectures.

"Participation in the APOLAN is open to all organizations interested in leveraging Passive Optical Networking to revolutionize the way local area networks are designed, deployed, and managed," said Dave Cunningham, president and chairman of the APOLAN. "The deployments of Passive Optical LAN to date have demonstrated significant cost and performance advantages compared to traditional Ethernet designs, and the optical foundation "future-proofs" the network for any new bandwidth demand – a clear advantage over existing copper solutions."

http://www.apolanglobal.org

Nasuni Launches Cloud Mirroring

Nasuni, a start-up based in Natick, Mass., announced a Cloud Mirroring capability that delivers data protection in the cloud.

Nasuni provides a simple, unified storage service via on-premise hardware that looks and feels like a traditional storage controller, but gains the advantages of the cloud by incorporating cloud storage in much the same way that a traditional storage array uses commodity disk drives.

With Cloud Mirroring, users' data resides in a primary cloud, while a copy of their data resides on a secondary cloud, and the entire process is managed by the Nasuni service behind the scenes.

Nasuni's unique management of the entire cloud-based storage enables synchronization of customer data between clouds without any additional data management work for the customer. Cloud Mirroring is delivered seamlessly to users, allowing them to focus on managing their data while Nasuni manages the back-end.

"Customers have made it clear that there's no such thing as too much data protection when it comes to cloud storage," said Andres Rodriguez, CEO of Nasuni. "In true Nasuni fashion, we wanted to be the first to give the enterprise Cloud Mirroring functionality that's simple to use and adds no additional bandwidth demand. All of our customers are still covered by our SLA, but for those who want to go the extra mile to protect their data, only Nasuni offers Cloud Mirroring."

http://www.nasuni.com

  • In October 2012, Nasuni raised  $20 million in Series C funding for its enterprise cloud gateway.  The funding came from a new key investor,.Previous investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners also participated in the financing.
  • Nasuni is headed by Andres Rodriguez, who previously was founder and CTO of Archivas, which developed an enterprise-class cloud storage system and was acquired by Hitachi Data Systems in 2006. Earlier, he was CTO of the New York Times, where he drove digital strategy at NYTimes and Boston.com.

Emerson to Sell Stake in Embedded Computing for $300M

Emerson agreed to sell a 51 percent stake in its embedded computing and power business to Platinum Equity for $300 million in cash.  Emerson will retain a 49 percent noncontrolling interest in the business, which will operate as an independent company.  Share repurchase will be increased by $600 million to offset associated earnings dilution.

Emerson’s embedded computing and power business, which is based in Carlsbad, California, had 2012 revenue of approximately $1.4 billion. It supplies embedded computing solutions based on open standards such as ATCA, AdvancedMC, CompactPCI, COM Express, OpenVPX and VMEbus.

“After extensive consideration, we have found an arrangement to exit this business in a manner that maximizes its value for our shareholders,” said Emerson Chairman and Chief Executive Officer David N. Farr. “The embedded computing and power business is a technology leader in the industry it serves, but no longer fits strategically in our portfolio.  The transaction with Platinum will allow us to immediately focus on our core businesses while also participating in the upside from repositioning the business as it focuses on growth as an independent company.”
 
"We have forged a strong partnership with Emerson, coming together in a way that will create success for everyone,” said Platinum Equity Chairman and Chief Executive Officer Tom Gores.  “We will build on the foundation established under Emerson to further position the business as a strong and innovative competitor in the marketplace.”

http://www.Emerson.com

ADVA Supplies 100G Core in Washington State

The Northwest Open Access Network (NoaNet) has deployed ADVA Optical Networking's 100G Core technology throughout Washington state.

The deployment, which was partly supported by stimulus funding from the Broadband Technology Opportunities Program to provide services to unserved and underserved communities, reaches many rural areas of the state.

“We first started working with the team at ADVA Optical Networking almost 10 years ago. During this time our network has scaled from 10G to 40G and now 100G,” said Rob Kopp, CTO, NoaNet. “The key to this relationship is trust. Their team understands our network, our communities. They realize how important it is to bridge the digital divide and provide ubiquitous Internet access to all. Our network now extends over thousands of miles of fiber and what's key about ADVA Optical Networking's 100G technology is its reach. With this technology we are able to provide services to rural communities that rival or exceed what is available in metro areas.”

http://www.advaoptical.com
http://www.noanet.net

Cyan Posts 37% Year-­‐over-­‐year Revenue Growth

Cyan reported Q2 revenue of $31.7 million for the second quarter of 2013, up 37% year-over-year from $23.1 million in the second quarter of 2012, and up 20 percent from $26.3 million for the previous quarter. Net loss for the quarter was $9.1 million, or $0.33 per share, compared to a net loss of $1.5 million, or $0.59 per share, in the same period last year and a net loss of $9.4 million, or $3.61 per share, for the first quarter of 2013.

The company noted 85 new deployments for its Blue Planet SDN platform.

"For the second quarter, Cyan delivered record revenue and gross margin while continuing to make investments to capitalize on our large and growing addressable market," said Mark Floyd, Cyan's chairman and chief executive officer. "Our Blue Planet software-defined network (SDN) platform is a key differentiator and continued to gain momentum, with over 85 customers implementing this innovative technology since its launch last December. We continued to make significant strides in our international expansion, increasing our presence to 13 countries outside of North America and increasing our international partnership base. During the second quarter, we successfully completed our IPO and ended the quarter with over $92 million in cash and cash equivalents."

http://investor.cyaninc.com