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News Article | May 4, 2017
Site: globenewswire.com

SUNNYVALE, Calif., May 04, 2017 (GLOBE NEWSWIRE) -- Infinera Corporation (Nasdaq:INFN), provider of Intelligent Transport Networks, today released financial results for its first quarter ended April 1, 2017. GAAP revenue for the quarter was $175.5 million compared to $181.0 million in the fourth quarter of 2016 and $244.8 million in the first quarter of 2016. GAAP gross margin for the quarter was 36.5% compared to 38.1% in the fourth quarter of 2016 and 47.5% in the first quarter of 2016. GAAP operating margin for the quarter was (21.6)% compared to (25.3)% in the fourth quarter of 2016 and 6.1% in the first quarter of 2016. GAAP net loss for the quarter was $(40.5) million, or $(0.28) per share, compared to a net loss of $(36.3) million, or $(0.25) per share, in the fourth quarter of 2016, and net income of $12.0 million, or $0.08 per diluted share, in the first quarter of 2016. Non-GAAP gross margin for the quarter was 40.3% compared to 41.8% in the fourth quarter of 2016 and 50.2% in the first quarter of 2016. Non-GAAP operating margin for the quarter was (11.4)% compared to (9.2)% in the fourth quarter of 2016 and 12.3% in the first quarter of 2016. Non-GAAP net loss for the quarter was $(21.7) million, or $(0.15) per share, compared to a net loss of $(17.0) million, or $(0.12) per share, in the fourth quarter of 2016, and net income of $28.0 million, or $0.19 per diluted share, in the first quarter of 2016. A further explanation of the use of non-GAAP financial information and a reconciliation of the non-GAAP financial measures to the GAAP equivalents can be found at the end of this release. “We started the year with a solid first quarter, exceeding our financial guidance and moving closer to bringing our new Infinite Capacity Engine products to market,” said Tom Fallon, Infinera's Chief Executive Officer. “With network architectures and customer requirements evolving rapidly, we are seeing increasing opportunities to deliver scalable network solutions that enable our customers’ go-to-market strategies. As we deliver new products in upcoming quarters and new optical engines every few years, I believe we are well positioned to extend our technology differentiation and return to delivering strong financial results.” Infinera will host a conference call for analysts and investors to discuss its first quarter 2017 results and its outlook for the second quarter of 2017 today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Interested parties may join the conference call by dialing 1-866-373-6878 (toll free) or 1-412-317-5101 (international). A live webcast of the conference call will also be accessible from the Events & Webcasts section of Infinera’s website at investors.infinera.com. Replay of the audio webcast will be available at investors.infinera.com approximately two hours after the end of the live call. Infinera provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at blog.infinera.com. This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. Such forward-looking statements include, without limitation, Infinera's ability to deliver scalable network solutions that enable its customers’ go-to-market strategies; Infinera’s expectations regarding the delivery of new products in upcoming quarters and new optical engines every few years; and Infinera’s belief that it is well positioned to extend its technology differentiation and return to delivering strong financial results. Forward-looking statements can also be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. These statements are based on information available to Infinera as of the date hereof and actual results could differ materially from those stated or implied due to risks and uncertainties. The risks and uncertainties that could cause Infinera’s results to differ materially from those expressed or implied by such forward-looking statements include delays in the development and introduction of new products or updates to existing products and market acceptance of these products; the effects of increased customer consolidation; fluctuations in demand, sales cycles and prices for products and services, including discounts given in response to competitive pricing pressures, as well as the timing of purchases by our key customers; the effect that changes in product pricing or mix, and/or increases in component costs could have on Infinera’s gross margin; Infinera’s ability to respond to rapid technological changes; aggressive business tactics by Infinera’s competitors; Infinera's reliance on single and limited source suppliers; Infinera’s ability to protect Infinera’s intellectual property; claims by others that Infinera infringes their intellectual property; the effect of global macroeconomic conditions on Infinera's business; war, terrorism, public health issues, natural disasters and other circumstances that could disrupt the supply, delivery or demand of Infinera's products; and other risks and uncertainties detailed in Infinera’s SEC filings from time to time. More information on potential factors that may impact Infinera’s business are set forth in its Annual Report on Form 10-K for the year ended on December 31, 2016 as filed with the SEC on February 23, 2017, as well as subsequent reports filed with or furnished to the SEC from time to time. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements. Use of Non-GAAP Financial Information In addition to disclosing financial measures prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP), this press release and the accompanying tables contain certain non-GAAP measures that exclude non-cash stock-based compensation expenses, amortization of debt discount on Infinera’s convertible senior notes, the gain on the sale of a cost-method investment, amortization and impairment of acquired intangible assets, acquisition-related costs, and certain purchase accounting adjustments related to Infinera's acquisition of Transmode AB, which closed during the third quarter of 2015, along with related tax effects. Infinera believes these adjustments are appropriate to enhance an overall understanding of its underlying financial performance and also its prospects for the future and are considered by management for the purpose of making operational decisions. In addition, these results are the primary indicators management uses as a basis for its planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income (loss), basic and diluted net income (loss) per share, gross margin or operating margin prepared in accordance with GAAP. Non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles and are subject to limitations. For a description of these non-GAAP financial measures and a reconciliation to the most directly comparable GAAP financial measures, please see the section titled, “GAAP to Non-GAAP Reconciliations.” Infinera anticipates disclosing forward-looking non-GAAP information in its conference call to discuss its first quarter 2017 results, including an estimate of certain non-GAAP financial measures for the second quarter of 2017 that excludes non-cash stock-based compensation expenses, amortization of acquired intangible assets and amortization of debt discount on Infinera’s convertible senior notes. A copy of this press release can be found on the Investor Relations page of Infinera’s website at www.infinera.com. Infinera and the Infinera logo are trademarks or registered trademarks of Infinera Corporation. All other trademarks used or mentioned herein belong to their respective owners. (1) Business combination accounting principles require Infinera to write down to fair value its maintenance support contracts assumed in the Transmode acquisition. The revenue for these support contracts is deferred and typically recognized over a one year period, so Infinera's GAAP revenue for the one year period after the acquisition will not reflect the full amount of revenue that would have been reported if the acquired deferred revenue was not written down to fair value. The non-GAAP adjustment eliminates the effect of the deferred revenue write-down. Management believes these adjustments to the revenue from these support contracts are useful to investors as an additional means to reflect revenue trends of Infinera's business. (2) Stock-based compensation expense is calculated in accordance with the fair value recognition provisions of Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation – Stock Compensation effective January 1, 2006. The following table summarizes the effects of stock-based compensation related to employees and non-employees (in thousands): _____________________________ *      Stock-based compensation expense deferred to inventory and deferred inventory costs in prior periods and recognized in the current period. (3) Amortization of acquisition-related intangible assets consists of amortization of developed technology, trade names, and customer relationships acquired in connection with the Transmode acquisition. U.S. GAAP accounting requires that acquired intangible assets are recorded at fair value and amortized over their useful lives. As this amortization is non-cash, Infinera has excluded it from its non-GAAP operating expenses, gross margin and net income measures. Management believes the amortization of acquired intangible assets is not indicative of ongoing operating performance and its exclusion provides a better indication of Infinera's underlying business performance. (4) Acquisition-related costs associated with the Transmode acquisition include legal, financial, employee retention costs and other professional fees incurred in connection with the transaction, including squeeze-out proceedings. These amounts have been adjusted in arriving at Infinera's non-GAAP results because management believes that these expenses are non-recurring, not indicative of ongoing operating performance and their exclusion provides a better indication of Infinera's underlying business performance. (5) Acquired in-process research and development (IPR&D) impairment is associated with intangibles acquired with the Transmode acquisition, which Infinera does not anticipate utilizing in future products. Management has excluded the impact of this charge in arriving at Infinera's non-GAAP results because it is non-recurring and management believes that these expenses are not indicative of ongoing operating performance. (6) Intangible asset impairment is associated with previously acquired intangibles, which Infinera has determined that the carrying value will not be recoverable. Management has excluded the impact of this charge in arriving at Infinera's non-GAAP results because it is non-recurring and management believes that these expenses are not indicative of ongoing operating performance. (7) Under GAAP, certain convertible debt instruments that may be settled in cash on conversion are required to be separately accounted for as liability (debt) and equity (conversion option) components of the instrument in a manner that reflects the issuer's non-convertible debt borrowing rate. Accordingly, for GAAP purposes, Infinera is required to amortize as debt discount an amount equal to the fair value of the conversion option that was recorded in equity as interest expense on its $150 million in aggregate principal amount of 1.75% convertible debt issuance in May 2013 over the term of the notes. Interest expense has been excluded from Infinera's non-GAAP results because management believes that this non-cash expense is not indicative of ongoing operating performance and provides a better indication of Infinera's underlying business performance. (8) The gain on the sale of a cost-method investment has been excluded in arriving at Infinera's non-GAAP results because it is non-recurring and management believes that this gain is not indicative of ongoing operating performance. (9) The difference between the GAAP and non-GAAP tax is due to the net tax effects of the purchase accounting adjustments, acquisition-related costs, amortization of acquired intangible assets and the IPR&D impairment related to the Transmode acquisition. (1) Non-GAAP adjustments include non-cash stock-based compensation expense, certain purchase accounting adjustments related to Infinera's acquisition of Transmode and amortization of acquired intangible assets. For a description of this non-GAAP financial measure, please see the section titled, “GAAP to Non-GAAP Reconciliations” of this press release for a reconciliation to the most directly comparable GAAP financial measures. (2) Infinera calculates non-GAAP inventory turns as annualized non-GAAP cost of revenue before adjustments for non-cash stock-based compensation expense and certain purchase accounting adjustments, divided by the average inventory for the quarter.


News Article | November 7, 2016
Site: www.newsmaker.com.au

Silicon photonics refers to the application of photonic systems using silicon as an optical medium. The silicon material used in such photonic systems is designed with sub micrometer precision and is deployed into the microphotonic components. The silicon photonics systems works at the wavelength of 1.55 micrometer that falls under the infrared spectrum and is most commonly used for optical communications. Silicon photonics combines technologies such as complementary metal oxide semiconductor (CMOS), micro-electro-mechanical systems (MEMS) and 3D Stacking. The basic operation of silicon photonics includes the transfer of data as optical rays between the computer chips. Silicon photonics is basically an approach for designing optical devices using silicon and use photons to transfer enormous data at high speeds. Additionally, this technology enables data transfer at low power consumption over an optical fiber. Moreover, silicon photonics satisfies the mounting need of high data transfer rate and enhances the capabilities such as computational and processing needs of data centers. Pressing bandwidth, cloud computing performance needs for data centers, virtualization, fast-growing internet traffic and other intensive data are the key factors driving the growth of silicon photonics market. Silicon photonics are majorly used in telecom, datacom, consumer applications (connecting laptops, PCs, HDTVs), datacenters and high performance computers, commercial video, metrology and sensors, medical, military and aerospace. Data communication is one of the major market share holders and it dwarfs all other silicon photonics application. In addition, features such as low environmental footprint, low heating of components, low operating cost, high optical functions integration, high density of interconnects, low error rate and spectral efficiency are adding value to the silicon photonics products. Thus, these factors are expected to drive the market of silicon photonics in the coming years. However, the major challenges such as technical mismatches with high volume markets and availability of substitute technologies such as vertical-cavity surface-emitting laser (VCSEL) are expected to hinder the growth of silicon photonics market. The silicon photonics based systems deploy several components such as wavelength division multiplexer filters, optical modulators, optical interconnects, silicon photonic waveguides, silicon LED's and silicon photo-detectors. The silicon photonics systems exhibits physical properties such as optical guiding and dispersion tailoring, Kerr non-linearity, two-photon absorption, free charge carrier interaction, second order non-linearity and the Raman effect. These properties govern the propagation of light through an optical medium. Silicon photonics technology is used for providing optical interconnects, optical routing and signal processing. Moreover, with technological advancement it is expected that this technology will widely be deployed for long range communication applications over the coming years. Silicon phonics finds its applications in several industries such telecommunications, IT, sensing and metrology, healthcare, consumer electronics and displays, and research and development.\ Countries with high level of technology adoption and advancement across North America and Europe are the leading markets for silicon photonics. Moreover, Asia Pacific market is expected to witness rapid technological upgrades and thus serves as an opportunity for this market in the coming years. The ongoing use of silicon for developing integrated circuits and the compatibility of silicon photonics technology with the existing fabrication techniques encourages several research institutes and large players in the electronic manufacturing industry to adopt silicon photonics technology. Leading players in silicon photonics market are Luxtera, Molex Inc., Mellanox Technologies, Northrop Grumman, Global Foundries, Altis, Texas Instruments, BAE Systems, TSMC, Avago Technologies, LightWire, Intel, Teraxion, Infinera, Color Chip, Fujitsu, Cisco, HP, IBM, NTT, Oracle, Leti, imec, ePIXfab, Scorpios Technologies, Caliopa and Aurrion among others. Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.


News Article | December 14, 2016
Site: www.businesswire.com

FREMONT, Calif.--(BUSINESS WIRE)--The Optical Internetworking Forum (OIF) is winding down a six-week long interoperability demo on the Transport Application Programming Interface (T-API) standard from the Open Networking Foundation (ONF). The demo started in mid-October and will conclude in early December. Participants executed a multi-domain path selection and recovery test plan with intra-lab and inter-lab testing across multiple global carrier labs. The results of the demo will be shared in three invitation-only read-out events at China Telecom, Telefonica and Verizon for participating companies. A public readout event will take place at the OFC Conference in Los Angeles, March 21, 2017. “China Telecom is pleased to once again host the Global Transport SDN demo in our lab in Beijing. Transport API for SDN is an important technology to simplify the maintenance and increase the efficiency of networks, which matches China Telecom’s CTNet2025 network re-architecting target.” said Mr. Chengliang Zhang, Vice President, China Telecom Beijing Research Institute. “This demo provided interesting and important results and key findings and was worthwhile for China Telecom to participate.” “Telefonica is happy to have participated in the OIF SDN demo and to have hosted vendors in our labs,” said Mr. Juan Pedro Fernández-Palacios, Head of Transport Telefónica GCTO. “The work to demonstrate interoperability for transport API among multiple vendors is important for the industry as a means to unlock and reap the expected benefits of SDN.” “Shaping next-generation technology through discussion and collaboration is key to commercial SDN deployment. Verizon’s role as a host carrier for OIF’s interoperability testing of the global SDN T-API underscores our commitment to solving problems that will help evolve the efficiencies needed in the next-generation network,” said Glenn Wellbrock, director, transport network architecture, design and planning, Verizon. A technical white paper and an executive summary of the demo will be available in early February. The OIF and the ONF are partnering to lead the industry toward the wide scale deployment of commercial SDN by testing key Transport Application Programming Interfaces (T-API). The interoperability test and demonstration, managed by the OIF, will address multi-layer and multi-domain environments in global carrier labs. The testing builds on the 2014 demo which was based on prototype T-APIs and helped advance transport SDN standardization. Additional use cases based upon the API standards will be clarified during the testing and defined through OIF implementation agreements to provide a common set of requirements. Global Carrier participants hosting the interoperability testing include China Telecom, China Unicom, SK Telecom, Telefonica and Verizon. Participating vendors include ADVA Optical Networking, Ciena, Coriant, Huawei Technologies Co., Ltd., Infinera, Juniper Networks, NEC Corporation, Sedona Systems, and SM Optics. Consulting carriers include Orange and TELUS. Academic and/or research institution participants include China Academy of Telecommunication Research (CATR) and Centre Tecnològic de Telecomunicacions de Catalunya (CTTC). Additional information can be found at http://www.oiforum.com/meetings-and-events/2016-oif-sdn-t-api-demo/ The OIF facilitates the development and deployment of interoperable networking solutions and services. Members collaborate to drive Implementation Agreements (IAs) and interoperability demonstrations to accelerate and maximize market adoption of advanced internetworking technologies. OIF work applies to optical and electrical interconnects, optical component and network processing technologies, and to network control and operations including software defined networks and network function virtualization. The OIF actively supports and extends the work of national and international standards bodies. Launched in 1998, the OIF is the only industry group uniting representatives from across the spectrum of networking, including many of the world’s leading service providers, system vendors, component manufacturers, software and testing vendors. Information on the OIF can be found at http://www.oiforum.com.


News Article | February 15, 2017
Site: www.businesswire.com

FREMONT, Calif.--(BUSINESS WIRE)--The Optical Internetworking Forum (OIF) conducted a six-week long global testing of the Transport Application Programming Interface (T-API) standard from the Open Networking Foundation (ONF). The OIF managed the multi-location demonstration which started in mid-October 2016 and concluded in December 2016. Vendor participants executed a multi-domain path selection and recovery test plan with intra-lab and inter-lab testing across five carrier labs located in Asia, Europe and North America. A technical white paper on the demonstration is available to download here. “As operators move from SDN PoCs and lab trials into commercial deployments, lack of interoperability between the SDN controllers and the orchestration layer above has quickly become the biggest technical barrier for many operators,” said Sterling Perrin, principal analyst, Heavy Reading. “Building a standardized northbound interface and successfully testing interoperability across different vendors and different networks – as the OIF has demonstrated – is a major step forward in addressing the northbound interface challenge and bringing SDN architectures to wide-scale commercial use.” The Optical Internetworking Forum (OIF) and the Open Networking Foundation (ONF) are leading the industry toward the wide scale deployment of commercial SDN by testing key Transport Application Programming Interfaces (T-API). The interoperability test and demonstration, managed by the OIF, addresses multi-layer and multi-domain environments in the following carrier labs; China Telecom, China Unicom, SK Telecom, Telefonica and Verizon. These carriers defined real world use cases including multi-domain orchestration of services delivered through Ethernet, OTN and optical switching. Carriers and vendors demonstrated how Virtual Network Functions (VNF) and SDN configured connectivity are combined to deliver service life cycle management. Participating vendors include ADVA Optical Networking, Ciena, Coriant, Huawei Technologies Co., Ltd., Infinera, Juniper Networks, NEC Corporation, Sedona Systems, and SM Optics. Consulting carriers include Orange and TELUS. Academic and/or research institution participants include China Academy of Telecommunication Research (CATR) and Centre Tecnològic de Telecomunicacions de Catalunya (CTTC). Additional information can be found here. Participants in the OIF Transport SDN interoperability event also submitted a proof of concept demo proposal to ETSI NFV. The proposal, “Mapping ETSI-NFV onto Multi-Vendor, Multi-Domain Transport SDN”, was accepted and details are located here. The open demonstration of NFV concepts in a Proof of Concept (PoC) helps to build industrial awareness and confidence in NFV as a viable technology. Proofs of Concept also help to develop a diverse, open, NFV ecosystem. Results from PoCs may guide the work in the NFV ISG by providing feedback on interoperability and other technical challenges. “Being able to dynamically establish connectivity between Virtual Network Functions enables carriers to provide greater service agility and reduce opex,” said Jonathan Sadler, of Coriant and the OIF Interoperability chair. “Integrating multiple technologies using transport SDN further enables the right connectivity mechanisms used for service delivery. Having this demonstration recognized by ETSI NFV provides building blocks for the development of future SDN-WAN.” “SK Telecom is delighted that we have successfully tested interoperability using SK Telecom's Transport Infra Orchestrator and T-API. The test proves that standardized T-API can be used to control multi-layer, multi-vendor transport network infrastructure in an integrated manner,” said Park Jin-hyo, Senior Vice President and Head of Network Technology R&D Center at SK Telecom. “SK Telecom will continue to make efforts to develop 5G and network virtualization technologies to realize Network as a Service (NaaS).” The OIF facilitates the development and deployment of interoperable networking solutions and services. Members collaborate to drive Implementation Agreements (IAs) and interoperability demonstrations to accelerate and maximize market adoption of advanced internetworking technologies. OIF work applies to optical and electrical interconnects, optical component and network processing technologies, and to network control and operations including software defined networks and network function virtualization. The OIF actively supports and extends the work of national and international standards bodies. Launched in 1998, the OIF is the only industry group uniting representatives from across the spectrum of networking, including many of the world’s leading service providers, system vendors, component manufacturers, software and testing vendors. Information on the OIF can be found at http://www.oiforum.com.


News Article | November 17, 2016
Site: globenewswire.com

SUNNYVALE, Calif., Nov. 17, 2016 (GLOBE NEWSWIRE) -- Infinera, a provider of Intelligent Transport Networks, announced a number of new platforms within the award winning DTN-X Family designed to power cloud scale networks. With this announcement, Infinera is ushering in the next generation of Intelligent Transport Network architecture that blends the best of web scale technologies with the best of telco-grade technologies, yielding over 50 percent better total cost of ownership (TCO) over conventional networks. Infinera announced two new platforms, the XT-3300 and the XT-3600 meshponders, as well as significant upgrades to the XTC-4 and XTC-10 Packet Optical Transport Node (P-OTN) platforms. Infinera also announced the MTC-6 FlexILS chassis and 20-port super-channel Flexible Grid Reconfigurable Optical Add-Drop Multiplexer (FlexROADM), a key element within one of the most widely deployed flexible grid open line systems. New cloud-based applications such as the Internet of Things (IoT), Network Function Virtualization (NFV), XaaS, video and virtual reality are driving a growing amount of bandwidth across service provider subsea, long-haul, metro and data center interconnect (DCI) networks. As cloud infrastructure expands and networks migrate to a new architecture of Layer C (Cloud Services) and Layer T (Intelligent Transport), service providers need their Layer T networks to adapt to new traffic flows and to support smooth scale-out expansion. These cloud scale networks allow service providers to efficiently address both large N x 100 gigabit Ethernet (GbE) linear connectivity requirements driven by web scale operators as well as the diverse mesh connectivity requirements driven by more traditional telco enterprise and residential customers. To meet these requirements, service providers need cloud scale networks that are: The DTN-X Family platforms now integrate the ground-breaking Infinera Infinite Capacity Engine featuring the Advanced Coherent Toolkit. The new server-like DTN-X XT-3300 and XT-3600 are the industry’s first meshponder platforms, which combine sliceable photonics and muxponder functionality to deliver hyper-scalability up to 2.4 terabits per second (Tb/s) along with fine-grained granularity for optical mesh networks. The server-like small form factor meshponder platforms, developed from experiences in the web scale market, seamlessly interoperate with the chassis-based DTN-X XTC switching platforms. The Infinera DTN-X XTC-4 and XTC-10 platforms have been upgraded to support 1.2 Tb/s per slot and more than double the switching and transmission capacity through non-disruptive, in-service upgrades. The new DWDM modules, powered by the Infinera Infinite Capacity Engine, co-exist with the deployed modules thereby offering complete investment protection. The DTN-X XTC now offers up to 12 Tb/s of non-blocking switching capacity and unlike competitive systems, have no tradeoffs between client side tributary capacity and line side capacity. The Infinera FlexILS open line system, which supports over 50 Tb/s of fiber capacity, takes super-channels from the DTN-X platforms and routes wavelengths to the appropriate destination for flexible optical mesh networking. The new 20-port super-channel FlexROADM supports flexible grid super-channels with single-channel granularity and full CDC (colorless, directionless, contentionless) functionality while using six times fewer fibers than conventional ROADMs. FlexILS now includes the new compact MTC-6 chassis and is fully open and interoperable with Infinera and third-party terminals.               All of the new capabilities in the FlexILS and DTN-X Family are controlled by the Xceed Software Suite and managed by Infinera’s Digital Network Administrator (DNA). This comprehensive software portfolio enables service providers to simply and easily optimize the network including keeping traffic at the optical layer longer and only grooming and switching when necessary. By bringing these capabilities into the next generation unified Intelligent Transport Network and supporting the migration to cloud scale networks, service providers can dramatically decrease TCO by over 50 percent through reduced equipment, power and space consumption. “Windstream is one of the fastest growing providers of advanced network communications in the US,” said Buddy Bayer, Senior Vice President, Transport Engineering at Windstream. “As we expand our fiber transport network routes in the US, we rely on networking solutions that can be easily upgraded like the FlexILS which provides an open line system and the new 20 port ROADM capabilities. With an existing DTN-X deployment, we look forward to the new multi-terabit Infinite Capacity Engine based modules and platforms to power Windstream’s cloud scale network.” “As we expand and build our long-haul and metro networks serving over 1,200 customers in 80 countries, we look to partner with Infinera to operate highly scalable and flexible transport networks,” said Mattias Fridström, Chief Evangelist at Telia Carrier. “We are delighted with the array of products Infinera has announced. There are excellent solutions that can address the tremendous growth in demand for 100G services driven by our Internet Content Provider customers. In addition, the seamless upgrades to higher capacity in the DTN-X XTC platforms protect the investments we’ve already made in our network.” “Infinera is transforming transport networks to be open and cloud scale,” said Dr. Dave Welch, Infinera Co-founder and President. “We are bringing the power of web scale to service provider networking with the unified architecture of meshponders and multi-terabit switches managed by a common, open control layer. The upgraded DTN-X Family and the new CDC FlexROADM deliver a new architecture that enables network operators to cost effectively provide scalable and secure end-user services. This architecture demonstrates Infinera's commitment to innovation to enable our customers to build the next generation cloud scale infrastructure.” “Infinera continues to innovate in optical networking with industry firsts,” said Tim Doiron, Principal Analyst, Intelligent Networking, at ACG Research. “The Infinite Capacity Engine integrated into the DTN-X Family brings massive multi-terabit capacity in an industry leading footprint to build cloud scale networks. With fully tunable, programmable, 100 Gigabit  bandwidth slices and SDN control, service providers can dynamically and instantly modify their networks to match bandwidth demands with business imperatives. The Infinite Capacity Engine’s multi-terabit wire-speed Layer 1 encryption technology provides an important and scalable layer of network security for service providers.” The MTC-6 FlexILS open line system chassis is shipping now. The XT-3300 platform is planned for availability in the first quarter of 2017 with the other platforms to follow starting in the second quarter of 2017. Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8fb811df-d5f1-4914-843c-91c5e65a2757 About Infinera Infinera (NASDAQ:INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and simplify optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at blog.infinera.com. Infinera and the Infinera logo are registered trademarks of Infinera Corporation. This press release contains forward-looking statements including, but not limited to the economic and technical benefits of using Infinera products. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the quarter ended September 24, 2016 as filed with the SEC on November 1, 2016, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.


— Latest market study on “Optical Transport Network Market to 2025 - Global Analysis and Forecasts by Technology, Components, Services and End-users”, the report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments. A set of optical network elements like switches and routers that are connected over the network and transfer data over the fiber channel form the optical transport network. Optical transport network is a standard created, in which the benefits of SONET/SDH are combined with bandwidth expanding capabilities by incorporating Wavelength Division Multiplexing (WDM) and Dense Wavelength Division Multiplexing (DWDM) into the network. The channel on the network provides functionalities such as multiplexing, routing, transfer and monitoring of data over the network. The report aims to provide an overview of Global Optical Transport Network Market along with detailed segmentation of market by technology, components, services, end-users, and five major geographical regions. Global optical transport network market is expected to witness steady growth during the forecast period due to rise in the IP devices over the network eventually transferring data over the network. With IPv4 standard defined, almost every little thing on the planet can be assigned a separate IP and IoT operating on the IP address of each thing, heavy traffic is expected on the network. Bandwidth extension capabilities, speedy data traffic transfers therefore play essential roles using Optical Transport Network. The objectives of Optical Transport Network Market report are as follows: • To provide overview of the global optical transport network market • To analyze and forecast the global optical transport network market on the basis of technology, components, services, end-users • To provide market size and forecast till 2025 for overall optical transport network market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend • To provide exhaustive PEST analysis for all five regions • To profiles key optical transport network players influencing the market along with their SWOT analysis and market strategies Some of the important players in optical transport network market are Fujitsu Ltd., Huawei Technologies Ltd., ZTE Corporation, Cisco Systems, Inc., Alcatel-Lucent, ADVA Optical Networking, Infinera, Ciena, ADTRA and Aliathan Technology. Inquire about discount on this report @ http://www.theinsightpartners.com/discount/TIPTE100000315 The report segments the global Optical Transport Network Market as follows: Optical Transport Network Market Revenue and Forecasts to 2025 - Services • Network Design Market • Network Maintenance and Support Market Optical Transport Network Market Revenue and Forecasts to 2025 - Geographical Analysis • North America • Europe • Asia Pacific (APAC) • Middle East & Africa (MEA) • South America (SAM) About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. For more information, please visit http://www.theinsightpartners.com/


News Article | November 2, 2016
Site: www.newsmaker.com.au

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering  Huawei  Alcatel-Lucent  ZTE  Infinera  Ciena  FiberHome  Cisco Systems  Ericsson  NEC  Aliathon Technology  Fujitsu  Tellabs  ECI Telecom By types, the market can be split into  < 10G  10G-100G (including)  100-400G By Application, the market can be split into  Mobile Backhaul Solutions  Triple Play Solutions  Business Services Solution  Industry and Public Sector  Others By Regions, this report covers (we can add the regions/countries as you want)  North America  China  Europe  Southeast Asia  Japan  India Global Optical Transport Network (OTN) Equipment Market Professional Survey Report 2016  1 Industry Overview of Optical Transport Network (OTN) Equipment  1.1 Definition and Specifications of Optical Transport Network (OTN) Equipment  1.1.1 Definition of Optical Transport Network (OTN) Equipment  1.1.2 Specifications of Optical Transport Network (OTN) Equipment  1.2 Classification of Optical Transport Network (OTN) Equipment  1.2.1 < 10G  1.2.2 10G-100G (including)  1.2.3 100-400G  1.3 Applications of Optical Transport Network (OTN) Equipment  1.3.1 Mobile Backhaul Solutions  1.3.2 Triple Play Solutions  1.3.3 Business Services Solution  1.3.4 Industry and Public Sector  1.3.5 Others  1.4 Market Segment by Regions  1.4.1 North America  1.4.2 China  1.4.3 Europe  1.4.4 Southeast Asia  1.4.5 Japan  1.4.6 India 8 Major Manufacturers Analysis of Optical Transport Network (OTN) Equipment  8.1 Huawei  8.1.1 Company Profile  8.1.2 Product Picture and Specifications  8.1.2.1 Type I  8.1.2.2 Type II  8.1.2.3 Type III  8.1.3 Huawei 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.1.4 Huawei 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.2 Alcatel-Lucent  8.2.1 Company Profile  8.2.2 Product Picture and Specifications  8.2.2.1 Type I  8.2.2.2 Type II  8.2.2.3 Type III  8.2.3 Alcatel-Lucent 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.2.4 Alcatel-Lucent 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.3 ZTE  8.3.1 Company Profile  8.3.2 Product Picture and Specifications  8.3.2.1 Type I  8.3.2.2 Type II  8.3.2.3 Type III  8.3.3 ZTE 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.3.4 ZTE 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.4 Infinera  8.4.1 Company Profile  8.4.2 Product Picture and Specifications  8.4.2.1 Type I  8.4.2.2 Type II  8.4.2.3 Type III  8.4.3 Infinera 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.4.4 Infinera 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.5 Ciena  8.5.1 Company Profile  8.5.2 Product Picture and Specifications  8.5.2.1 Type I  8.5.2.2 Type II  8.5.2.3 Type III  8.5.3 Ciena 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.5.4 Ciena 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.6 FiberHome  8.6.1 Company Profile  8.6.2 Product Picture and Specifications  8.6.2.1 Type I  8.6.2.2 Type II  8.6.2.3 Type III  8.6.3 FiberHome 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.6.4 FiberHome 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.7 Cisco Systems  8.7.1 Company Profile  8.7.2 Product Picture and Specifications  8.7.2.1 Type I  8.7.2.2 Type II  8.7.2.3 Type III  8.7.3 Cisco Systems 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.7.4 Cisco Systems 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.8 Ericsson  8.8.1 Company Profile  8.8.2 Product Picture and Specifications  8.8.2.1 Type I  8.8.2.2 Type II  8.8.2.3 Type III  8.8.3 Ericsson 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.8.4 Ericsson 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.9 NEC  8.9.1 Company Profile  8.9.2 Product Picture and Specifications  8.9.2.1 Type I  8.9.2.2 Type II  8.9.2.3 Type III  8.9.3 NEC 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.9.4 NEC 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.10 Aliathon Technology  8.10.1 Company Profile  8.10.2 Product Picture and Specifications  8.10.2.1 Type I  8.10.2.2 Type II  8.10.2.3 Type III  8.10.3 Aliathon Technology 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.10.4 Aliathon Technology 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.11 Fujitsu  8.11.1 Company Profile  8.11.2 Product Picture and Specifications  8.11.2.1 Type I  8.11.2.2 Type II  8.11.2.3 Type III  8.11.3 Fujitsu 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.11.4 Fujitsu 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.12 Tellabs  8.12.1 Company Profile  8.12.2 Product Picture and Specifications  8.12.2.1 Type I  8.12.2.2 Type II  8.12.2.3 Type III  8.12.3 Tellabs 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.12.4 Tellabs 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis  8.13 ECI Telecom  8.13.1 Company Profile  8.13.2 Product Picture and Specifications  8.13.2.1 Type I  8.13.2.2 Type II  8.13.2.3 Type III  8.13.3 ECI Telecom 2015 Optical Transport Network (OTN) Equipment Sales, Ex-factory Price, Revenue, Gross Margin Analysis  8.13.4 ECI Telecom 2015 Optical Transport Network (OTN) Equipment Business Region Distribution Analysis


News Article | February 23, 2017
Site: www.technologyreview.com

While cash-rich tech giants will benefit from the changes, many executives worry the plan doesn’t do enough to encourage innovation by the smaller companies that are the primary engine of growth for the tech sector. Overall, corporate R&D spending in the U.S. has been strong—growing 3.1 percent per year from 2008 to 2015, almost three times faster than the overall U.S. economy, according to the National Science Foundation. But it’s not fast enough to keep up with increased spending by other countries, particularly China. As of 1960, American companies were responsible for 69 percent of global R&D spending, but that has now dropped to 26 percent, according to the Information Technology & Innovation Foundation, a nonprofit think tank funded partially by tech companies. The reform with the most bipartisan political support is called repatriation. In recent years, U.S.-based multinational tech companies have accumulated more than $700 billion in cash in their overseas operations in order to avoid paying the U.S. tax, which at 35 percent is the highest imposed by any developed nation. (Add in state taxes and the average hit is 39 percent.) To get companies to “repatriate” all that cash, Congress and the Trump administration want to lower the tax rate on it to between 8 and 10 percent, and require annual payment rather than let companies defer payment indefinitely. They are also likely to require companies to pay whether or not they actually bring the cash back. A multibillion-dollar cash injection would seem to be a terrific catalyst for an R&D boom, except for one thing: nearly 70 percent of the money is held by just six super-rich companies (Google, Microsoft, Apple, Oracle and Qualcomm), which already have more than enough cash in the U.S. to invest in whatever moonshot projects they like, says Richard Lane, an analyst with Moody’s Investor Services. These giants have made massive capital investments in the data centers and network infrastructure essential to innovation. Capital spending by tech companies grew by 5.4 percent in 2016, to $30.8 billion, says Michael Mandel, chief economic strategist at the Progressive Policy Institute. Smaller companies that could use a cash infusion to fund R&D typically don’t have big offshore reserves, either because they aren’t old enough to have amassed them or they don’t have departments of sophisticated tax experts to exploit the regulations. As for the big boys, they will most likely use their repatriated billions to boost their stock prices by issuing dividends or paying down debt. In 2004, when Congress created a temporary repatriation holiday with a tax rate of only 5.25, tech firms used more than 90 percent of the $58 billion they brought back to issue dividends and buy back company shares. Apple, Cisco, Facebook, Google, and Microsoft, all of which would benefit significantly from a repatriation tax cut, declined to comment for this article. In the long run, a more competitive U.S. tax code will have a big impact as companies stop worrying about where to innovate, says Michael Marks, a partner at the private equity firm Riverwood Capital and CEO of a cloud software company called Katerra. “When your money is offshore, you spend it offshore,” says Marks who used to be CEO of the contract manufacturer Flextronics. “I don’t know what we would have done differently if we could have repatriated our offshore cash, but I do know this: we wouldn’t have sat around thinking about how to spend it overseas.” While Marks welcomes the lower rates, he and many others in Silicon Valley fear the benefits will be diluted by the House plan’s provision for a border adjustment tax. Companies would not have to pay any tax on goods they export, but they would have to pay for parts or services they import. For hardware makers in particular, that’s almost everything. From iPhones to million-dollar routers, most electronic products are built overseas and made up largely of displays, motherboards, and other components that were built elsewhere as well. “The border adjustment tax scares me to death,” says Tom Fallon, chief executive officer of Infinera, which makes networking equipment. Unlike most of its Silicon Valley brethren, the company makes some of its own chips in the U.S. and imports fewer than half of its components. Still, he fears that the border adjustment tax would crimp his ability to maintain his spending on R&D, currently more than 40 percent of annual revenue. By driving up Infinera’s costs, this new tax would force him to raise prices on his products and impede the company’s ability to compete with larger rivals, including China-based Huawei Technologies, says Fallon. Large importers from other industries, including Wal-Mart and energy firms, are lobbying hard against the new tax. Tax reformers should include some other sweeteners to encourage innovation, says Joe Kennedy, a senior fellow at ITIF who issued a report on the subject on February 21. For starters, Congress should enhance the 36-year-old R&D tax credit so it covers a higher percentage of companies’ R&D spending. He and others are also calling for a lower tax rate on revenues derived from patents, copyrights, and other inventions created in the U.S. Rather than just offer incentives for trying to innovate, this approach would reward commercial success. “This way, if you create the iPhone, you get rewarded with a lower tax rate,” says Kennedy.


News Article | February 16, 2017
Site: globenewswire.com

SUNNYVALE, Calif., Feb. 16, 2017 (GLOBE NEWSWIRE) --  Infinera Corporation (NASDAQ:INFN), a provider of Intelligent Transport Networks, announced that it will participate in the following webcasted investor conference: Morgan Stanley Technology, Media & Telecom Conference Date:  Tuesday, February 28, 2017 Location:  San Francisco, California Presentation:  7:00pm ET / 4:00pm PT Speakers: Tom Fallon, CEO; Brad Feller, CFO; Jeff Hustis, Director of Investor Relations Webcast: investors.infinera.com and click on "Events" About Infinera Infinera provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at blog.infinera.com. Infinera and the Infinera logo are registered trademarks of Infinera Corporation.


News Article | February 14, 2017
Site: globenewswire.com

SUNNYVALE, Calif., Feb. 14, 2017 (GLOBE NEWSWIRE) -- Infinera, a provider of Intelligent Transport Networks, has expanded its Mobile Fronthaul and Mobile Backhaul Solutions to support mobile operators as their networks evolve to become 5G-ready. Infinera introduced a new range of flexponders for mobile fronthaul and a new EMXP Access Unit for mobile backhaul to extend the capabilities of XTM Series-based solutions, providing investment protection and meeting stringent performance requirements for mobile operators as networks scale to 5G. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/04723e3c-7818-4f51-baa1-9fda5d622e07 5G mobile networks bring the promise of enabling the Internet of Things, high-speed mobile broadband, and ultra-reliable services – all of which are driving the need for dramatically higher capacity and significantly lower-latency mobile transport. As 5G radio access networks (RAN) are expected to be fully standardized and ready for deployment by 2020, mobile operators need fronthaul and backhaul solutions today in order to have wireline infrastructure in place to fully support 5G deployments. The ability to evolve to future 5G requirements is a key factor in Infinera’s Mobile Fronthaul and Backhaul Solutions announced today. As 5G standards evolve, multiple future fronthaul scenarios exist that could lead to network investment dead-ends if deployed fronthaul solutions are not able to adapt. There are a number of critical attributes of a solution that can support 4G today and evolve smoothly to 5G in the future: To address these challenges, Infinera has introduced fully open and flexible solutions to extend mobile transport evolution to 5G: “Mobile operators are increasingly looking to deploy Cloud RAN commercially for LTE Advanced Pro and expect the technology to play a key role in 5G,” says Gabriel Brown, Principal Analyst, Mobile Networks and 5G at Heavy Reading. “Among the challenges operators face are diverse implementation options and uncertainty about the functional split in the 5G RAN, making it critical that high-performance fronthaul transport solutions are sufficiently flexible that they can be upgraded, in software, to meet future requirements.” “The mobile industry is on the cusp of a step change to 5G. While the radio network needs to radically transform to the new 5G infrastructure and services, the underlying transport network requires a seamless evolution that protects operator investments now,” said Sten Nordell, CTO Metro Business Group at Infinera. “One key aspect to this is the ability to support future 5G mid-haul and cross-haul architectures in a truly open transport environment without lock-in to the radio vendor. We are already working with key players in the industry to allow pre-5G networks to be tested against high-performance transport networks and will demonstrate this at Mobile World Congress.” The hardened clamshell and EMXP Access Unit are scheduled for availability in the second quarter of this year; the rest of the products and features listed above are shipping and available today. About Infinera Infinera (NASDAQ:INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at www.infinera.com/blog. Infinera and the Infinera logo are registered trademarks of Infinera Corporation. This press release contains forward-looking statements relating to the potential economic, technical and operational benefits of deploying Infinera products and their targeted release dates. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the quarter ended September 24, 2016 as filed with the SEC on November 1, 2016, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

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