ADTRAN Posts Record Q3 Revenue — $192 Million
ADTRAN’s Q3 2011 sales increased 18% to an all-time record level of $192,194,000 for the quarter, compared to $162,957,000 for the third quarter of…
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ADTRAN’s Q3 2011 sales increased 18% to an all-time record level of $192,194,000 for the quarter, compared to $162,957,000 for the third quarter of…
Equinix secured a $150 million unsecured revolving credit facility. Lenders in the Company’s revolver consist of a group of three large U.S. banks, including…
Acme Packet updated its financial guidance saying it now expects Q3 revenues to be approximately $70 million, with earnings per share on a non-GAAP1basis…
HP appointed Bethany Mayer to serve as senior vice president and general manager of the HP Networking business unit. She has served as the…
Intel’s McAfee division plans to acquire NitroSecurity, a privately-held company focused on security information and event management (SIEM) solutions that provide visibility and situational…
Vitesse Semiconductor trimmed its financial guidance for its fourth quarter of fiscal year 2011, which ended on September 30, 2011, saying it now expects…
The U.S. Department of Justice has cleared Level 3’s previously announced acquisition of Global Crossing. The FCC issued its own order approving the transaction,…
Nokia and Siemens are each putting EUR 500 million in new capital into their joint venture, Nokia Siemens Networks, will the aim of further…
Cavium Networks now expects its Q3 financial results to be below the company’s previous outlook. The company now expects revenue for the third quarter…
Oracle agreed to acquire GoAhead, a supplier of privately-held Service Availability and management software, for an undisclosed sum. GoAhead’s packaged service availability software is…
Mellanox Technologies expects to raise approximately $104.1 million in a public offering of 3,450,000 newly issued ordinary shares. The underwriters exercised their option to…
Sequans Communications was named in a class action lawsuit filed by Holzer Holzer & Fistel, LLC. The lawsuit alleges that Sequans knew but failed…
Cisco declared a quarterly dividend of $0.06 per common share to be paid on October 26, 2011, to all shareholders of record as of…
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