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Cisco will acquire BNI Video, a start-up developing video control plane software for cable operators, for approximately $99 million in cash and retention-based incentives. BNI's platform allows video service providers...

Qwilt, a start-up based in Redwood Shores, California, has raised $24 million in two rounds of funding for its development of video infrastructure products. The company's mission is to help...

Tekelec pre-announced its Q3 results, saying that it has received a $20 million Diameter Signaling Router related order, the largest Diameter Signaling Router order in its history. Tekelec now expects...

Isocore recently leveraged the MPLS-TP capabilities of Spirent TestCenter to validate interoperability across a multi-vendor network environment that included solutions from Alcatel-Lucent, Cisco, Juniper Networks and NEC. The Spirent gear...

Michael Dell formally opened Dell's newest research and development center on Great America Parkway in Santa Clara, California. Also speaking at the event were California Gov. Edmund G. Brown Jr....

A company owned by the Permira funds has agreed to acquire Alcatel-Lucent's Genesys business for $1.5 billion in cash. Genesys – which reported 2010 sales of approximately US$500 million -...

Riverbed reported Q3 2011 revenue of $190 million, an increase of 28% from $148 million of GAAP revenue reported in the third quarter of fiscal year 2010 (Q3'10). Non-GAAP revenue...

The European Commission announced plans to invest almost EUR 9.2 billion from 2014 to 2020 on broadband networking projects and digital services. The public funding, which would include equity, debt...

Ozmo Devices announced a milestone for its low-power Wi-Fi Personal Area Network (Wi-Fi PAN) silicon -- the shipment of its 1 millionth OZMO2000 chip, which started shipping earlier this year....

Broadcom introduced a system-on-a-chip to address the need for higher bandwidth in 4G mobile backhaul. The new BCM85620 chip is the first SoC to combine a baseband modem and network...

ADVA Optical Networking reported Q3 20111 revenues of EUR 79.3 million, slightly above guidance of between EUR 73 million and EUR 78 million. This compares to EUR 80.5 million in...

Infinera reported Q3 2011 revenue of $104.0 million compared to $96.0 million in the second quarter of 2011 and $130.1 million in the third quarter of 2010. GAAP gross margin...

Cisco is scaling its Unified Fabric data center architecture to support over 12,000 10GE server ports in a single fabric using its Nexus series switches -- this is double the...