Sevin Rosen Funds

SAN DIEGO--(BUSINESS WIRE)-- Astute Networks, Inc., a leading provider of bladed storage solutions optimized for the most demanding applications on the edge of the network, today announced that the company's Caspian Edge Storage Blade product line has achieved Network Equipment Building System (NEBS) Level 3 certification, a rigorous measure of network product excellence. Additionally, the products have been certified to meet the requirements of the European Telecommunications Standards Institute (ETSI) for telecommunications equipment providers in the European region. Astute Networks' Caspian Edge Storage Blades are the industry's first NEBS-certified ATCA storage blades. ...

CARLSBAD, Calif.--(BUSINESS WIRE)-- Luxtera, the worldwide leader in Silicon CMOS Photonics, today announced that its 40 Gigabit Quad Data Rate (QDR) Optical Active Cable (OAC), Blazar, will provide connectivity for the SCinet InfiniBand network at the SC08 conference. Considered the most powerful network in the world, SCinet will run during the seven-day convention to support the advanced applications and network experiments that have become the trademark of the conference. This is the first QDR cluster deployment for the Blazar OAC. Blazar fulfills demands for high speed, reliability, and ...

DALLAS and AUSTIN, Texas, Nov. 6 /PRNewswire-FirstCall/ -- AT&T Inc. (NYSE: T) announced today that it has agreed, through one of its subsidiaries, to acquire privately-held Wayport, Inc., a leading provider of managed Wi-Fi services in the United States, for approximately $275 million in cash. The deal adds Wayport's focused capabilities and enterprise customer portfolio with AT&T's leading Internet Protocol (IP) and 3G networks, and broad consumer and business customer bases, to deliver enhanced broadband connectivity at home, in the office, on the road, and virtually anywhere in between. The acquisition expands the AT&T Wi-Fi(SM) footprint to nearly 20,000 domestic hotspots, takes the company's global Wi-Fi presence to more than 80,000 locations*, and creates thousands of new ways for customers worldwide to stay in touch. Millions of AT&T customers -- plus millions of other consumers needing to connect on the go -- will benefit from access to new hotspot locations served by Wayport. Wayport hotspots ...

MILPITAS, Calif., Oct. 28 /PRNewswire/ -- Grandis, Inc., today announced that it has been awarded $6.0 million from the Defense Advanced Research Projects Agency (DARPA) for the initial phase of research to develop spin-transfer torque random access memory (STT-RAM) chips. STT-RAM is a next-generation, solid-state memory technology that is dense, fast, non-volatile and radiation-hard, making it ideally suited for defense applications. The total value of the effort, if all phases of the development program are completed, could be up to $14.7 million over four years. The program will be carried out by a world-class collaboration between Grandis and the Universities of Virginia and ...

SAN DIEGO--(BUSINESS WIRE)-- Astute Networks, Inc., a leading provider of bladed storage solutions optimized for the most demanding applications on the edge of the network, today announced that the company has entered into a manufacturing agreement with Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Under the terms of the agreement, Celestica will supply Astute Networks with manufacturing, testing and supply chain services for its Caspian Edge Storage suite of AdvancedTCA(R) (ATCA) solutions. After a diligent selection process, the company chose Celestica because of its impressive customer ...