Router and switch spending will flatten as carriers take the plunge into NFV and packet-optical technologies, according to research firm Infonetics (now an arm of IHS). The compound annual growth rate for routers and switches will be held to 2.1 percent from 2014 to 2019, according to analyst Michael Howard. Meanwhile, virtual router revenues will see 125 percent growth between 2015 and 2016, Howard predicted.
Data security firm Rapid7 filed for an IPO this week. The Boston-based startup, which is backed by venture firms Technology Crossover Partners and Bain Capital Partners, seeks to raise $80 million in the offering slated for later this year.
An SDN proof-of-concept by OpenFlow startup NoviFlow got approved by Canada’s Centre of Excellence in Next Generation Networks (CENGN) consortium. Canadian telecom giant Telus is sponsoring the project.
Here’s what else SDxCentral covered lately:
- Pluribus Networks Lets Go of Hardware, Plugs Into Dell
- Cisco Won’t Blacklist White Box Switches
- Arista Networks’ Jayshree Ullal: Why Networking is Fun Again
- ONOS and AT&T Team Up to Deliver CORD
- Cisco Security Has a Job Waiting for John Chambers
- Cisco ACI Gets a Taste of DevOps
- Ericsson Is the Latest to Join Intel Network Builders
- vArmour Releases Free Visibility Tool for Data Center Security
- Cisco’s Newest Network Security Product Is the Entire Network
- John Chambers Gives His Last Cisco Live Keynote
- Ericsson Picks CENX for a Better View Into Managed Services
- PLUMgrid Taps Larry Lang as CEO
- ONF Releases Atrium to Drive SDN Adoption
- Juniper’s Security CTO, Christofer Hoff, Leaves the Valley
- Gigamon & JDSU Team Up to Deliver Visibility APIs
- Menlo Security Raises $25M for Its Isolation Platform