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Another Desktop Virtualization Player Enters The Market: Meet Propalms

January 30, 2008 by Robin Wauters 1 Comment

Propalms haso announced that it will be entering the desktop virtualization market in 2008 with the launch of its Virtual Desktop Manager technology within its new TSE product. Analyst firm IDC predicts the market for desktop virtualization software will be near $2 billion by 2011, with major players such as Microsoft, VMware, Citrix and SWsoft involved.

“We are pleased to be entering the desktop virtualization market in 2008 and excited about the opportunities this will open up for Propalms TSE by adding this technology. We believe our history of delivering tried and tested application delivery solutions to the server-based computing market gives us a key edge in this space and will allow us to be at the forefront of this market as its growth accelerates over the next year,” stated Owen Dukes, CEO of Propalms.

Propalms recently announced that the Company invoiced $992,383 in sales transactions through the 11 month period ending December 31st, 2007 and project over $1,000,000 for the Fiscal Year ending this month. These sales signify the Company’s accelerated growth, as they have added new customers and expanded the distribution of Propalms TSE. The sales transactions also include increased license renewals and maintenance contracts.

[Via Virtualization Journal ]

Filed Under: News, People Tagged With: desktop virtualization, owen dukes, Propalms, TSE, virtual desktop manager, virtualisation, virtualization

Infinera Launches Bandwidth Virtualization

January 30, 2008 by Robin Wauters Leave a Comment

Infinera Corporation has launched Bandwidth Virtualization to “meet the needs of the Internet for a faster, more responsive Internet today and in the future. Implemented using an Infinera Digital Optical Network, Bandwidth Virtualization enables service providers to respond quickly and flexibly to market demand with a wide range of services over one optical infrastructure. Bandwidth Virtualization also enables service providers to differentiate themselves by offering innovative new services to their customers.”

From the press release:

“As more consumers spend more time viewing video on the Internet, the demand for higher quality images, comparable to those on traditional televisions, will rise. The major broadcast networks have already begun this trend by insisting on higher-quality images as they make their shows available online. To illustrate this phenomenon and the challenges it poses to technologists and network operators, Infinera commissioned a video, “Bandwidth Virtualization, An Architecture for Today’s Internet,” shot entirely in high-definition or HDTV format. Hosted by Infinera CEO Jagdeep Singh, and featuring appearances by Randy Nicklas of XO Communications and Lane Patterson of Equinix, the video explains the technology behind Bandwidth Virtualization and its application in some of the world’s most advanced networks.”

This is the video they’re referring to:

Filed Under: News, Videos Tagged With: bandwidth virtualization, Infinera, Infinera Corporation, infinera digital optical network, virtualisation, virtualization

Another Virtualization Company Raises Funding; This Time Pano Logic Is Getting $ 12 Million

January 29, 2008 by Robin Wauters Leave a Comment

After Virtual Iron and CiRBA , it’s now Pano Logic announcing fresh funding to the tune of $ 12 million. This is the desktop virtualization company’s second round, which was led by New York-based Goldman Sachs.

Other participants included Foundation Capital, which has an office in Menlo Park (where Pano Logic is based).

The company said it uses existing server virtualization technologies to create a new approach to client/desktop computing that lowers total cost of ownership while increasing security, management and mobility.

Founded in 2006, Pano Logic also has an office in Toronto, Canada.

[Via BusinessJournal ]

Filed Under: Featured, News Tagged With: CiRBA, financing, Funding, Goldman Sachs, investment, Pano Logic, PanoLogic, server virtualization, Virtual Iron, virtualisation, virtualization

Cisco Introduces Nexus 7000 Series: Virtual Switches for Future Data Centers?

January 29, 2008 by Robin Wauters 2 Comments

Cisco Systems this week starts pitching a new series of switches, called Nexus 7000 , as the first component of its Data Center 3.0 architecture and as the successor to the Catalyst 6500, the most successful product in Cisco’s history. Like the Catalyst 6500, the Nexus is a chassis intended for the enterprise data center, into which customers stack blades for additional interfaces. But whereas the Catalyst 6500 is a jack-of-all-trades that can be a firewall, a load balancer, or a router depending on the blades plugged into it, the Nexus is aimed at just one job: virtualization.virtualization-cisco-nexus-7000-virtualswitches.jpg

The company claims it can:

* copy all the searchable Web in less than eight minutes;
* download Wikipedia’s database in 10 milliseconds;
* download 90,000 Netflix movies in less than 40 seconds;
* run 5 million concurrent high-quality videoconferences between New York and San Francisco;
* or send a two-megapixel digital photograph of CEO John Chambers to every human being on earth in 28 minutes.

InformationWeek puts it this way:

“Cisco’s vision is one in which big companies off-load an increasing number of server tasks to network switches, with servers ultimately becoming little more than virtual machines inside a switch. The Nexus doesn’t deliver that, but it makes a start, aiming to virtualize the network interface cards, host bus adapters, and cables that connect servers to networks and remote storage. At present, those require dedicated local area networks and storage area networks, with each using a separate network interface card and host bus adapter for every virtual server. The Nexus aims to consolidate them all into one (or two, for redundancy), with virtual servers connecting through virtual NICs.”

Meanwhile, All Things Digital’s John Paczkowski jokingly claims the switch is ‘fast enough to create rift in space-time continuum ‘.

Filed Under: News Tagged With: Catalyst 6500, Cisco, Cisco Systems, Data Center 3.0, Nexus, Nexus 7000, Virtual Switches, virtualisation, virtualization

Funding For CiRBA and Virtual Iron, Dell Completes Acquisition of EqualLogic

January 29, 2008 by Robin Wauters 1 Comment

More interesting news today:

CiRBA Raises $12 Million With Sigma Partners

CiRBA Inc., today announced that it has raised $12 million in its second round of institutional funding led by Sigma Partners . Existing investors including Edgestone Capital Partners and others also participated in the round. The funding will enable CiRBA to further accelerate growth on a global scale, with investments in sales, marketing and product development.

Virtual Iron Capitalizes on Strong Market Momentum, Raises $20 Million in New Equity Financing

Virtual Iron Software, a provider of enterprise server virtualization software, today announced that it has secured $20 million in new venture equity financing. The funding, provided at an increased valuation, will be used to accelerate product development and expand global sales, marketing and distribution efforts. The investment brings Virtual Iron’s total venture funding to $65 million in invested equity capital and includes Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures.

Dell Completes EqualLogic Acquisition

Today Dell completed the EqualLogic acquisition, a leading provider of high-performance storage area network (SAN) solutions designed for virtualization and ease-of-use. The purchase extends Dell’s leadership in simplifying IT for customers.

“Customers face extreme challenges with data growth. Storage solutions that use existing infrastructure, install in minutes not days, manage themselves, can grow easily as needs increase and plug into the virtualized IT ecosystem will help businesses with their storage needs. EqualLogic provides these storage solutions and that’s the incredible value that Dell will now be able to deliver to our customers.  With Dell’s PartnerDirect channel, we will unleash the power of iSCSI and virtualization to redefine the economics of storing and processing data.”

Filed Under: Acquisitions, News, Partnerships Tagged With: acquisition, CiRBA, Dell, enterprise server virtualization, EqualLogic, financing, Funding, SAN, server virtualization, storage area network, Virtual Iron, virtualisation, virtualization

VMWare Misses Analysts’ Estimates: While Revenues Go Up, Stock Goes Down

January 29, 2008 by Robin Wauters Leave a Comment

Yesterday, VMware reported quarterly revenue that fell short of Wall Street expectations and forecast a slowdown in sales growth, sending its shares down more than 26 %.

virtualization-vmware-stock.jpg

The highlights from the official announcement :

Total revenues for the fourth quarter were $412 million, an increase of 80% compared to the year-ago quarter.

GAAP operating income for the fourth quarter was $76 million compared to $37 million in the fourth quarter of 2006.  Non-GAAP operating income was $108 million, representing 26% of fourth-quarter revenues and an increase of 72% over the year-ago quarter.

GAAP net income for the quarter was $78 million, or $0.19 per diluted share, compared to $31 million, or $0.09 per diluted share, in the year-ago quarter.    Non-GAAP net income for the quarter was $103 million, or $0.26 per diluted share.  GAAP and non-GAAP net income for the fourth quarter of 2007 include a $0.01 per diluted share benefit from a change in tax rate.

Total revenues for the full fiscal year 2007 were $1.33 billion, an increase of 88% compared to 2006.

GAAP operating income for the full fiscal year 2007 was $235 million compared to $121 million in 2006.  Non-GAAP operating income for the year was $338 million, representing 26% of full-year revenues and an increase of 77% over 2006.

GAAP net income for the year was $218 million or $0.61 per diluted share, compared to $86 million, or $0.26 per diluted share, in 2006.  Non-GAAP net income was $295 million or $0.82 per diluted share.

VMware shares had quadrupled in value after an August initial public offering, but have dropped since November.

The company on Monday forecast revenue growth of 50 percent in 2008, versus 88 percent in 2007. That would suggest revenue of $2 billion, shy of Wall Street targets.

“If you miss your numbers in just your second quarter after going public that suggests the stock was overhyped,” said Trip Chowdhry, an analyst at Global Equities Research.

According to the Server Virtualization Blog ,  the company’s CEO Diane Greene maintained that the company will not lower product pricing in 2008. “We do think we can maintain our pricing,” Greene said on an earnings call with investors. “We anticipate continuing our pricing over the course of the year.”

Filed Under: News Tagged With: finance, stock, stock market, virtualisation, virtualization, vmware, wall street

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