Topic: Networking

Posted by : Anonymous on Sunday, May 06, 2007 - 02:19 AM

Web filtering firm Websense said yesterday that it is to acquire rival security firm SurfControl for a cash payment of approximately $400m. Websense said that it planned to enhance its product offerings by merging the research databases of the two companies to offer a broader set of solutions.
The company pledged to support SurfControl's layered software web security solutions at least through to 2010.
"The combination of Websense and SurfControl is expected to benefit customers, partners and shareholders by creating an IT security solutions company with the scale and product offering to compete more effectively with large global security software companies," said Gene Hodges, chief executive at Websense.
"Additionally, by improving operational efficiencies, we believe we can generate operating margins in the combined business similar to the historical levels we have achieved in our own web security business."
A further objective of the acquisition, according to Websense, is to complement and accelerate the firm's stated growth initiatives, particularly in the strategically important small business segment.

Posted by : Anonymous on Friday, June 30, 2006 - 10:43 AM

NEW YORK - Research In Motion Ltd. said Thursday it earned $129.8 million in its latest quarter as the maker of BlackBerry wireless devices and services added 680,000 users, boosting revenue by 35 percent.
The profit for RIM's fiscal first quarter, equal to 68 cents per share, was fairly steady compared with the same period last year, when the Canadian company posted net income of $132.5 million, or 67 cents per share. Analysts had expected a first-quarter profit of 65 cents, according to a survey by Thomson Financial. RIM's stock jumped nearly 4 percent in after-hours trading, rising $2.55 a share to $68.53 after gaining about 26 cents during the regular session. The report was issued after the market's close.

Posted by : Anonymous on Sunday, March 26, 2006 - 03:54 AM

SercoNet could crash and burn before its WirePlus home networking product even reaches the marketplace. That's just a fact of life in a crowded market.
"There are at least 50 different conceivable vendors that are in the home router, home Wi-Fi space; a new product is going to have to find a way to stand out from the pack," said Erik Keith, senior analyst for broadband infrastructure at Current Analysis.A Tampa Bay technology house, SercoNet believes its WirePlus system's ability to separate the wireless antenna from the base access unit then use the home telephone wiring as an in-house conduit gives it standout qualities.
The SercoNet wireline portion of the task ends when a user inserts a second transceiving unit into a telephone jack to retrieve the data and send it to another detached antenna to form a Wi-Fi transmission cloud for any nearby receiving devices.The thing is, Keith said, there really isn't that much need for another product to boost the existing Wi-Fi home networking technologies - at least not enough to drive a wedge into the market.
"It certainly looks like it could be quite useful for a number of people with larger houses or houses that do have significant numbers of dead spots," he said. "It's a reasonably competitive technology, but they're in a commoditized space, and I don't know if they have enough differentiation to win that customer base to survive."

Posted by : trraju on Monday, September 26, 2005 - 10:55 AM

The website for the WinMX file sharing service has been shut down, suggesting that the service, best known for enabling copyright infringements, has crumbled under legal pressure from the Recording Industry Association of America (RIAA).
Cease and desist letters were sent out last week by the RIAA to seven file sharing services, but the organisation declined to specify which services were targeted. The RIAA used a July ruling by the US Supreme Court stating that makers of services used for copyright infringements are liable for such violations.

Posted by : Anonymous on Friday, May 27, 2005 - 04:16 AM

CALGARY (CP) - Wi-Lan Inc., a Calgary-based maker of broadband wireless communications products, saw its second-quarter loss double despite a 16.8 per cent increase in revenue, as higher expenses for product upgrades and severance costs eroded the bottom line. Wi-Lan said it lost $3 million, or seven cents per share, in the three-month period ended April 30, which is the company's fiscal second quarter. Wi-Lan lost $1.5 million, or four cents, in the same 2004 period.

Posted by : trraju on Saturday, March 05, 2005 - 03:51 AM

The global broadband boom is now unstoppable as worldwide sales revenues for broadband modems, routers and gateways rocket, industry analysts said today.
According to newly published research from Infonetics, sales of customer premise equipment (CPE) broadband kit jumped to $4.6bn in 2004, up 15 per cent from 2003. In term of units shipped, the total of 73 million last year represented a staggering 74 per cent hike, according to the analyst firm's report. The study found that broadband equipment revenue hit $1.16bn in the fourth quarter of 2004, down seven per cent from the previous quarter, despite unit growth of 17 per cent to 23.3 million.

Posted by : trraju on Saturday, March 05, 2005 - 03:43 AM

TORONTO (CP) - Nortel Networks Corp. named a former senior executive from rival Cisco Systems Inc. to the newly revived post of chief operating officer on Friday, making him the company's No. 2 executive after CEO Bill Owens. Gary Daichendt, 53, left Cisco in 2000 where he had been executive vice-president for worldwide operations. In addition to being Nortel's COO, he'll become president, a position Owens held since being named CEO last April. Owens, a Nortel director since February 2002 and a former U.S. admiral, has been gradually replacing senior Nortel executives as the company tries to recover from an accounting scandal that erupted about a year ago.

Posted by : Anonymous on Sunday, October 31, 2004 - 09:22 PM

Four of the nation's largest online providers yesterday announced a new round of lawsuits aimed at e-mail spammers, including the first major case involving spam sent via an instant messaging service. America Online Inc., Yahoo Inc., Earthlink Inc. and Microsoft Corp. all filed suits in federal courthouses around the country, alleging violations of the federal anti-spam law passed late last year and of state statutes.

Posted by : Anonymous on Tuesday, September 07, 2004 - 07:47 AM

Santa Clara County District Attorney George Kennedy has begun probing for possible criminal violations in the collusion between San Jose officials and Cisco Systems in developing an $8 million contract for the new City Hall.
The inquiry -- which was launched Tuesday at the request of San Jose Mayor Ron Gonzales and the city council -- significantly broadens the investigation into wrongdoing in the botched deal. So far no specific allegations of criminal activity have surfaced.

Posted by : Anonymous on Tuesday, September 07, 2004 - 07:46 AM

BT could be forced to cut broadband prices after Ofcom stepped up its investigation into the telco's charges. The communications watchdog said it proposes to make a decision that BT has infringed Section 18 of the Competition Act 1998 and Article 82 of the EC Treaty on competition, in relation to BT's residential broadband pricing. It has sent a 'Statement of Objections' to the telco stating the facts of the case and the action it proposes.