Shaw Communications has reached a deal to acquire Denver-based data center provider ViaWest from private equity firm Oak Hill Capital Partners for $1.2 billion, a move that immediately advances the Canadian cable operator's movement into the data services and cloud market segments.
WOW! Business continues to enhance its wireless backhaul holdings, announcing that it has been selected to provide fiber-based services to over 500 towers for various wireless operators in the Chicago metro area.
Ericsson has added another element to its growing OSS/BSS empire by reaching a deal to acquire Boston-based MetraTech, a move that will extend its presence beyond the telecom industry into other emerging markets, including transport and utilities.
ADVA Optical Networking reported that second-quarter 2014 revenues rose to $117 million, up 11.2 year-over-year from $105.4 million and 11.6 percent sequentially from $105 million in the first quarter of 2014 due to an increase in enterprise sales.
Sales of Amazon's Fire TV streaming device "significantly exceeded" the e-tail giant's sales forecast, the company said in its second-quarter earnings release. The news comes on a 23 percent jump in Amazon's net sales compared with the same quarter last year, from $15.7 billion to $19.34 billion. However, the company's operating and net losses remain a concern for investors.
Infinera continues to benefit from sales of its next-gen DTN-X platform as second-quarter 2014 earnings jumped sequentially and year-over-year to $165.4 million from $142.8 million in the first quarter of 2014 and $138.4 million in the second quarter of 2013.
AT&T is enhancing its growing cloud services ambitions by adding Alcatel-Lucent and Fujitsu to its User-Defined Network Cloud program it initially launched in February.
Equipment vendor Arris appears to be moving in the same direction as TiVo, partnering with startup Wurl to create a "standards-based" platform for its Whole Home set-top boxes that includes access to a broad selection of online streaming services.
Mobile video apps continue to come to the forefront, with a new report by The Diffusion Group (TDG) finding that 49 percent of U.S. adults who have broadband view video through a mobile app at least once a month.
Juniper Networks reported that a new wave of service provider spending drove up the vendor's second-quarter 2014 revenue 7 percent year-over-year to $1.23 billion, up from $1.2 billion in the same period a year ago.