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Airvana Comments on Nortel Bankruptcy

Airvana, said that it has been informed by Nortel that normal operations will continue under their existing partnership. Specifically, Nortel will continue to purchase…

Crossbeam Systems Claims 56% Annual Revenue Growth

Crossbeam Systems, a privately-held company that supplies next-generation security platforms for high-performance networks, said it achieved record annual revenue growth of 56% in 2008.…

Sonus Reaches Agreement with Major Shareholder

Sonus Networks and Legatum Capital Limited, Sonus’ largest stockholder which currently owns approximately 65 million shares, or 25 percent of Sonus common stock, announced…

Alcatel-Lucent to Delist Shares from 3 Exchanges

Alcatel-Lucent has submitted applications for the delisting of its ordinary shares from Euronext Amsterdam, Euronext Brussels and Six Swiss Exchange. The company cited small…

Ixia Cuts Financial Guidance

Ixia trimmed guidance for its fourth fiscal quarter ended December 31, 2008. Total revenues are expected to be in the range of $40.5 to…

NetScout Raises 2009 Guidance

NetScout, which offers network and service assurance solutions, said GAAP revenue for its third fiscal quarter ended December 31 will be in the range…