Networking specialist Cisco on Tuesday announced what it claims is a "major advancement in Internet networking" in its CRS-3 Carrier Routing System (CRS).
"With more than 12 times the traffic capacity of the nearest competing system, the Cisco CRS-3 is designed to transform the broadband communication and entertainment industry by accelerating the delivery of compelling new experiences for consumers, new revenue opportunities for service providers, and new ways to collaborate in the workplace," Cisco said.
Sound pretty ambitious, and Cisco has the numbers to match. The CRS-3 delivers up to 322Tbps (that's Terabits per second), which Cisco says is enough to enable the entire printed collection of the Library of Congress to be downloaded in just over one second. It's also more than triple the capacity of the 92Tbps CRS-1, and 12 times the capacity of any other core router in the industry.
"The next generation Internet is upon us and we are confident that the Cisco CRS-3 will play a crucial role as service providers like AT&T deliver an exciting, new array of video, mobile, data center, and cloud services," said Pankaj Patel, senior VP and GM, Service Provider Business, Cisco.
Virtualization security startup HyTrust has plenty of reason to celebrate - 10.5 million reasons, one for each dollar Cisco and several other investors have handed over to the company, InfoWorld reports.
HyTrust, winner of VMworld's "Best in Show" last year, already had $5.5 million in venture capital work with. This second round of financing almost doubles that initial infusion of cash it received from Trident Capital and Epic Ventures.
"HyTrust continues to demonstrate the importance of this emerging market," said Eric Chiu, president and CEO of HyTrust. "Our ability to raise such a significant round of funding and attract top-tier, strategic investors in a still precarious economy is a testament to the quality of our team, the strength our offering, and the gravity of the problem that it addresses for our customers. The continued support of our customers, partners and investors is critical to our success as we continue to transform the virtualization marketplace and capitalize on the opportunities ahead of us."
HyTrust said it will use the latest round of funding to drive development, sales, and marketing, as well as "fuel the company's next stage of growth."
Sometimes relationships just don't work out, and that's the case between Cisco and Hewlett Packard. As InfoWorld reports it, Cisco was the one breaking things off, saying it will not renew its systems integrator contract with HP, effectively ending HP's status as a certified reseller and service partner.
"Over the last few years, our relationship with HP has evolved from a partner to companies with different and conflicting visions of how to deliver value to our customers," Keith Goodwin, senior VP of Cisco's Worldwide Partner Organization, said during a Webcast. "We've already reached out to HP to begin the discussion around a new agreement that ensures business continuity for existing customers but better reflects the current state of our relationship."
Cisco said it would continue to make good on its current customer service contracts with HP until they expire, but that doesn't mean there isn't any animosity between Cisco and HP. During the Webcast, Goodwin threw a jab at HP, saying the company no longer "aligns" with its "network-centric vision."
Here's one we didn't see coming. Cisco Capital SM on Monday announced a three-year, zero-percent financing offer for small and medium-sized businesses (SMBs) in the U.S.
Cisco said the financing offer applies to all Cisco products and services from $1,000 up to $250,000 as a way to "help businesses adopt state-of-the-art Cisco solutions quickly and easily."
"At a time when capital budgets are limited, our ability to provide a variety of financing options can help our customers acquire the technology they need to boost productivity and distance themselves from their competition, especially as the economy recovers," said Kris Snow, president, Cisco Capital.
In addition to the already favorable terms, Cisco said that customers who purchase at least one Small Business Architecture (SBA) may also be eligible for a three-month payment deferral.
Cisco has managed to shoot a special radiation-hardened router into space, next step global domination. The space router is part of the US Department of Defense's Internet Routing in Space (IRIS), and reached orbit by sharing a rocket with an Intelsat satellite. The goal is to use IP routers in space to deliver voice, data, and video via a satellite network the same way land-based lines are used now.
How does this differ from current satellite data routing? Currently, data is sent to satellites via radio waves from specialized ground substations. By deploying IP routers in orbit, Cisco believes that communication can be accomplished using standard internet protocols.
Now that the IRIS system is in orbit, the US government gets first crack at it. They will spend three months examining possible military uses for the system. After that, Cisco will allow businesses to test the system for one year. Possible issues with latency aside, this could open up an entirely new market driving cheap, flexible communication access around the globe.
Cisco has shown no aversion to spending money acquiring companies in 2009, and that trend continues into the new year with the buyout of Rohati Systems, a security startup specializing in delivering agent-less access management for organizations.
Interestingly, neither company has so far dropped a press release announcing the acquisition, leading some to wonder if it was just speculation, but Cisco apparently confirmed the transaction to eWeek.
"Cisco can confirm that it has acquired privately held Rohati Systems, a developer of access management solutions for virtualized data centers and cloud-based networks," a Cisco spokesperson said, according to eWeek. "The employees of Rohati Systems will be joining Cisco's Nexus product team.
Neither company has disclosed financial terms of the deal.
The two Kansas-area men -- Christopher Myers, 40, and Timothy Weatherly, 27 -- are facing a single count of conspiracy, 30 counts of trafficking in counterfeit goods, and a single count of trafficking counterfeit labels, the U.S. Department of Justice said in a news release.
Legal documents allege that Myers and Weatherly would buy counterfeit Cisco-branded hardware built in China and Hong Kong, slap counterfeit labels on it, and then packet it in counterfeit Cisco boxes. They would even include counterfeit Cisco manuals, according to the Attorney General's Office in Kansas.
The two men may have netted about $1 million from their alleged fraudulent activities. If convicted, they would each face five years in prison and a $250,000 fine on the conspiracy charges, and an additional 10 years and $2 million fine on each trafficking count., eWeek.com reports.
Cisco on Monday moved one step closer to acquiring Starent Network Corp. for a cool $2.9 billion. The deal, which was originally expected to close during the first half of 2010, hit a roadblock when Starent shareholders filed a class action lawsuit to block the acquisition. But that suit was settled yesterday.
Hurdles still remain, however, the first of which requires that the court accept the settlement, at which point the case would be dismissed. But even if that happens (and all indications are that it will), other suits have been filed that could potentially block the acquisition. One such suit includes a case filed by an Illinois stockholder who claims that the acquisition would deprive Starent shareholders of "the opportunity for substantial gains which the compay may realize."
Cisco set out to put defense capabilities of Cisco Security Intelligence Operations (SIO) in the hands (literally) of IT managers, and has done so with the availability of Cisco SIO To Go, an Apple iPhone app.
The software gives IT pros real-time access to various actionable global security information, while also serving up several customization options for security information that could potentially help protect a business network.
Cisco's app includes real-time alerts and threat mitigation solutions from sources that include more than 700,000 globally deployed Cisco secuirty devices. It also includes Cisco IntelliShield, a historical-threat database of 40,000 vulnerabilities and 3,300 IPS signatures, and more than 600 third-party threat intelligence sources capable of tracking more than 500 third-party data feeds and 100 security news feeds 24/7, the company said.
The Flip digital camcorder may be headed for an upgrade. So reports Pocket-lint, anyhow. According to the website, Cisco, which purchased Pure Digital, the creator of the Flip, is poised to integrate some new features, including its own networking technology.
Pocket-lint confesses “details are thin on the ground” but that the new Flip will have a large screen, which will slide to reveal the record and menu buttons. (It doesn’t seem that touchscreen, because of price, will be part of the upgrade package.) And that it will also have Wi-Fi, allowing users to record and upload with having to use an intermediary.
It’s expected the upgraded Flip will be available about the middle of 2010. No information on pricing was available.