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Here’s our gathering of the week’s news bits around software-defined networking (SDN), network functions virtualization (NFV), and related topics.

… One idea kicked around Wall Street this week was that Cisco should buy Rackspace, despite CEO John Chambers having rejected that idea previously. Credit Suisse analyst Sitikantha Panigrahi issued a report saying Rackspace was more likely to get acquired than to undergo a leveraged buyout; the report also pointed out that Rackspace would be a way for Cisco or any other hardware vendor to get into the enterprise cloud market. Today, Cisco's cloud-services strategy is founded on a web of partnerships called InterCloud.

… We don't yet know if network virtualization startup Midokura will become a strategic partner of Nokia Networks. But Midokura did announce a partnership with Fujitsu Ltd. to combine MidoNet with Fujitsu's private cloud software. The result, offered jointly by the companies, is due to come out in December.

… IBM announced plans to invest $3 billion during the next five years on a host of futuristic technologies, including post-silicon transistors, quantum computing, and neurosynaptic computing. Some of the work is being done with an eye toward future cloud and big-data requirements.

… IPC, a service provider dealing to financial firms, has deployed the BTI Systems 7800 series of packet-optical transport gear to cover the space between major metropolitan hubs. Originally targeting telcos, BTI raised $27 million earlier this year and shifted its focus to the data center WAN.

… Netsocket announced its Virtual Partner Program for Technology Partners, which brings qualified third-party offerings into the company's Virtual Edge platform. The company also signed Chuanhow Tech as a distributor for the greater China region.

… QualiSystems named Didier Stoipe as vice president of product managment. Stoipe was previously at Brocade, serving as Director of Product Strategy and Business Development for cloud orchestration and network management. Before that, he worked at Cisco.

And here's our other news coverage from the week: