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TDS Telecom, the seventh largest local exchange telephone company in the U.S., agreed to acquire substantially all of the assets of BendBroadband, which provides broadband, fiber connectivity, cable television and telephone services for commercial and residential customers in Central Oregon. The purchase price is $261 million. BendBroadband generated annual revenues of $70 million in 2013 […]
NTT, Alcatel-Lucent Japan Ltd. and Fujitsu will jointly demonstrate Virtual Network Platform as a Service (VNPaaS) to ETSI’s NFV ISG. The Virtual Network Platform as a Service (VNPaaS) is one of the use cases defined by ETSI NFV ISG. The platform framework can be used for developing, deploying and administering applications on the virtualised network. […]
CertiVox, a start-up based in London, raised US$8 million in Series B funding from NTT DOCOMO Ventures and current investors Octopus Investments. CertiVox provides password-less, two-factor authentication without tokens. Its M-Pin is a software-only solution, ideally suited for smart devices and does not require the presence of any third party authentication device. M-Pin can be […]
CenturyLink announced major price cuts for its cloud services, including Cloud CPU, RAM, and block storage. The company says a typical CenturyLink Cloud VM will cost at least 60% less with the new pricing. Customers without contracts will see the new pricing effective immediately. CenturyLink is also allowing its cloud customers to purchase various levels […]
Nutanix, a start-up based in San Jose, California, introduced a virtual desktop infrastructure (VDI) management program that lets customers purchase advanced web-scale infrastructure per desktop, and de-risk their VDI investment through a VDI Assurance pricing option. Nutanix said its program addresses the concern that purchasing traditional server and storage infrastructure for VDI is complicated and […]
Cisco Investments, the corporate venture capital arm of Cisco, has allocated an additional $150 million over the next two to three years to fund early-stage companies in the following areas: big data and analytics; the Internet of Things (IoT); connected mobility; storage; silicon; the content technology ecosystem; and India innovation. As part of this program, […]
In its first quarterly report as a public company, A10 Networks reported Q1 2014 revenue of $45.7 million, up 55% year over year. GAAP net loss was $5.1 million compared with a net loss of $8.5 million in the first quarter of 2013. “The first quarter was a strong start to the year for A10 […]
Akamai Technologies posted Q1 2014 revenue of $454 million, a 23% increase over first quarter 2013 revenue of $368 million. GAAP net income for the first quarter of 2014 was $73 million, or $0.40 per diluted share, a 9% decrease from the prior quarter’s GAAP net income of $80 million, or $0.44 per diluted share, […]
In this video interview, Jane Li, Chief Operating Officer, Huawei Enterprise, discusses cloud networking and SDN as key trends reshaping the industry and leading to new opportunities for companies with a broad range of integration expertise. 00:08 – Where are the big opportunities in networking today? 01:21 – How is Huawei positioned to deal with […]
Red Hat agreed to acquire Inktank, a leading provider of scale-out, open source storage systems, for approximately $175 million in cash. Founded in 2012, Inktank’s main objective has been to drive the widespread adoption of Ceph, a scalable, open source, software-defined storage system that runs on commodity hardware. The company’s flagship technology, Inktank Ceph […]
Equinix launched its new Cloud Exchange, an advanced interconnection solution that enables seamless, on-demand and direct access to multiple clouds and multiple networks. The goal is to give enterprises direct access to services for building sophisticated hybrid cloud solutions inside Equinix International Business Exchange (IBX) data centers. With the Equinix Cloud Exchange customers can connect […]
Riverbed Technology introduced a virtual version of its Cascade Express 460, which provides visibility into private cloud or software-defined data center environments running virtualized networks. The Cascade Express 460 Virtual Edition network performance monitoring solution combines monitoring of traditional and virtualized network environments in a single virtual appliance that can be deployed easily into any […]
SanDisk has begun sampling its Lightning Gen. II family of enterprise-class 12Gb/s Serial Attached SCSI (SAS) solid state drives (SSDs) for mixed-use, read- and write-intensive application workloads common in data centers. The new Lightning Gen. II SSD product family doubles interface speeds over previously available 6Gb/s SSDs, providing the highest performance possible for mission-critical and […]
