A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
Intel reported Q3 revenue og $16.1 billion and record operating income and record earnings per share (EPS), driven by strong data-centric growth, expanding operating margins and gains on the sale of equity investments. The company cited record revenues for its data center, Internet of Things and memory businesses. Gross margin for Q3 was 62.3%, down […]
Leo Clancy, Head of Technology, Consumer & Business Services at IDA Ireland visits Silicon Valley to talk about data centers, IoT and the impending impact of Brexit on Ireland. https://youtu.be/ShSwE69Pz3Y
Citing a drop in revenues from two major customers during the acquisition process of MRV Communications, ADVA Optical Networking reported a drop in revenues in Q3 2017 to EUR 111.2 million, down from EUR 144.2 in Q2 2017, and down 30.3% year-on-year (YoY) (Q3 2016: EUR 159.5 million). The figure was within the adjusted guidance […]
DragonWave, which a global supplier of packet microwave radio systems for mobile and access networks and which is bases in Ottawa, Canada, has been acquired by Transform-X, a private equity firm based in Tucson, Arizona. Financial terms were not disclosed. DragonWave’s carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, […]
Cisco and Google Cloud have formed a partnership to deliver a hybrid cloud solutions that enables applications and services to be deployed, managed and secured across on-premises environments and Google Cloud Platform. The pilot implementations are expected to be launched early next year, with commercial rollout later in 2018. The main idea is to deliver […]
Amazon Web Services began offering P3 instances, the next generation of Amazon Elastic Compute Cloud (Amazon EC2) GPU instances for compute-intensive applications that require massive parallel floating point performance, including machine learning, computational fluid dynamics, computational finance, seismic analysis, molecular modeling, genomics, and autonomous vehicle systems. The instances are based on NVIDIA Tesla V100 GPUs. […]
Driven by lower wireless and wireline service revenue, partially offset by higher equipment revenue, Sprint reported net operating revenues of $7.9 billion for the quarter declined $320 million year-over-year and declined $230 million sequentially. Sprint reported operating income of $601 million and its highest fiscal second quarter adjusted EBITDA in 10 years at $2.7 billion. […]
Ixia warned that new botnet known as “Reaper” is gaining traction and attacking IoT devices, especially routers, using publicly disclosed vulnerabilities which have not yet been patched on these devices. There is concern that a new wave of DDoS or other attacks could follow. Ixia’s Application Threat Intelligence (ATI) Research Center began tracking “Reaper” during […]
Intel has begun shipping a high-end FPGA family with an integrated quad-core ARM Cortex-A53. The ARM-based Intel Stratix 10 FPGA, which packs more than 1 million logic elements (MLE) with an integrated ARM processor, could serve multiple application categories, such as 5G wireless communication, software defined radios, secure computing for military applications, network function virtualization […]
Skybox Security, a privately-held company based in San Jose, California, raised $150 million in venture funding for its cybersecurity management software. The Skybox Security Suite combines attack vector analytics and advanced threat intelligence to continuously analyze vulnerabilities in a customer’s environment and correlate them with exploits in the wild. Skybox extends across complex networks, including […]
F5 Networks posted revenue of $538.0 million for its fourth quarter of fiscal 2017, up 2.4% from $525.3 million in the fourth quarter of fiscal 2016. For fiscal year 2017, revenue was $2.1 billion, up 4.8% from $2.0 billion last year. GAAP net income for the fourth quarter of fiscal 2017 was $135.7 million, or […]
Mellanox Technologies reported Q3 2017 revenue of $225.7 million, up 0.7 percent compared to $224.2 million in the third quarter of 2016. GAAP gross margins were 65.7 percent, compared to 65.1 percent in the third quarter of 2016. GAAP net income was $3.4 million, compared to $12.0 million in the third quarter of 2016. “We […]
Telefónica Colombia is deploying the Coriant Groove G30 muxponder DCI platform to deliver high-performance 100G interconnect solutions to large enterprises and web-scale Internet operators, In addition to the recent deployment of the Groove G30 platform, the Coriant metro to long haul packet optical transport solution for Telefónica Colombia includes the latest features of the Coriant […]
