gigamon inc (GIMO) Key Developments
Gigamon Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 28, 2015
Apr 23 15
Gigamon Inc. reported unaudited consolidated earnings results for the first quarter ended March 28, 2015. For the period, the company reported total revenue of $46,853,000 against $31,760,000 a year ago. Loss from operations was $716,000 against $11,938,000 a year ago. Loss before income tax benefit was $607,000 against $11,918,000 a year ago. Net loss attributable to common stockholders was $695,000 or $0.02 per basic and diluted share against $8,218,000 or $0.26 per basic and diluted share a year ago. Net cash provided by operating activities was $15,772,000 against $1,800,000 a year ago. Purchase of property and equipment was $1,037,000 against $2,269,000 a year ago. Non-GAAP net income was $4,564,000 or $0.13 per diluted share against non-GAAP net loss of $2,232,000 or $0.07 per diluted share a year ago. Non-GAAP income before income taxes was $7,048,000 against non-GAAP loss before income taxes of $3,283,000 last year. Non-GAAP income from operations was $6,939,000 against non-GAAP loss from operations of $3,303,000 last year.
Gigamon Inc. Unveils Software Defined Visibility - Automates Network Traffic Visibility for Rapid Response to Security Threats
Apr 20 15
Gigamon Inc. unveiled Software Defined Visibility – a framework that allows customers, security partners, managed service providers and others to automate detection, reaction and response to threats and programmatically adapt security policies to network changes. Software Defined Visibility is a framework that allows customers, security and network equipment vendors, as well as managed service providers, to control and program Gigamon's Visibility Fabric via REST-based Application Program Interfaces (APIs). By writing programs that utilize Gigamon's APIs, critical functions previously requiring manual intervention can be automated to improve responsiveness, enhance analysis and increase protection of key resources and information assets. Potential use case examples include: Improve Security Efficiencies – Security administrators can develop applications to improve network detection, reaction and response by automating NetFlow generation and SSL decryption so that current security appliances are not overtaxed when performing deep packet inspection. For example, administrators can use the APIs that program the Visibility Fabric to dynamically change the traffic forwarding policies in response to threats or anomalous network traffic changes. Automate Policy Management – As new virtual machines are spun up, administrators can write policy management programs that utilize Gigamon's APIs to automatically follow new changes within virtual and physical networks. Simplify Provisioning and Ticketing – For many organizations, IT Operations Management (ITOM) groups are burdened to manually perform common tasks, such as provisioning and ticketing of network port configurations, monitoring of new IP subnets and VLANs, and upgrading software images. With Software Defined Visibility, ITOM groups can develop programs to automate these processes.
Gigamon's GigaVUE Network Visibility Solutions Lists on Approved Product List for Department of Defense
Mar 20 15
Gigamon announced the addition of its GigaVUE family of products to the Department of Defense Unified Capabilities Approved Product List (DoD UC APL). Gigamon's H Series line of solutions consists of high-density, chassis-based Visibility Fabric nodes that utilize Gigamon's patented Flow Mapping technology to intelligently filter, replicate and optimize the flow of traffic from production networks to management, analysis, monitoring and security tools. The H Series delivers up to 2.5 Tb of connectivity in an architecture that supports 1Gb, 10Gb, 40Gb and 100Gb of connectivity that allows enterprises and data centers of all sizes to deploy a powerful Gigamon Visibility Fabric. This results in lower operational costs, higher infrastructure flexibility, increased security and improved organizational agility. In particular, the GigaVUE-HC2 is a modular, 2U, multi-purpose visibility fabric node with unique capabilities, such as integrated TAP's for in-line bypass deployment as well as out-of-band support.
Argyle Data and Gigamon to Deliver Real-Time Fraud Detection and Analytics for Communications Service Providers
Mar 3 15
Gigamon and Argyle Data announced that the companies are teaming together to deliver fraud detection and revenue protection for communications service providers. According to the Communications Fraud Control Association's 2013 Global Fraud Loss Survey, an estimated $46.3 billion annually is lost to fraud, and fraud losses are growing at a faster pace than global telecom revenues. The high priority fraud types and methods that cost most to CSPs include roaming fraud, subscription fraud, PBX hacking, VoIP hacking and Wangiri fraud. To address these issues, Argyle Data and Gigamon have teamed up to give CSPs a unique solution that offers fraud detection and revenue protection. This gives CSPs the ability to quickly and effectively respond to fraud while ensuring operational stability and performance of the operational network. Easy to use, the solution also enables pervasive traffic visibility of entire network infrastructures and real-time subscriber level insights. By using the Argyle Data and Gigamon solution, carriers can leverage several services to gain deep insight of subscribers and content, which enables CSPs to optimize, visualize, extract and react to user behavior. First, user and data plane correlation is achieved by the deployment of Gigamon's GTP correlation GigaSMART application. GPRS Tunneling Protocol is (GTP) is commonly used to carry mobile data across networks, and includes control plane and user data plane traffic. Visibility into a subscriber's activity requires the ability to understand the stateful nature of GTP traffic and correlate subscriber-specific session to gain an accurate view of the subscriber's activities. Second, Gigamon's patented Flow Mapping technology helps reduce traffic and improve analyzer performance. Flow Mapping is a technology found in Gigamon's GigaVUE Visibility Fabric nodes that takes line-rate traffic at 1Gb, 10Gb, 40Gb or 100Gb from a network tap or a SPAN/mirror port (physical or virtual) and then optimizes flows based on individual traffic profiles of tools and applications that secure, monitor, and analyze the CSP infrastructure. Next, Gigamon's FlowVUE application offers a subscriber-based IP sampling solution that helps carriers turn Big Data into manageable and actionable data.Â The application enables existing tools to connect to the latest high-speed pipes by providing a representative view of traffic for diagnostics and visualization. Lastly, GigaSMART provides Adaptive Packet Filtering, which provides a powerful filtering engine that identifies content across any part of a packet, including packet payloads.Â Adaptive Packet Filtering enables filtering based on specific encapsulation protocol parameters, including GTP tunnel ID, VXLAN ID, VN-Tag src/dst vif, and many more, including SSL traffic.Â In addition, operators also have the capability to look beyond the encapsulation protocols and into the original, encapsulated packet, to filter source/destination IP or Layer 4 port numbers. Argyle Data then uses Hadoop to quickly process petabytes of data, including real-time packet based data extracted by Gigamon. Argyle Data's machine learning algorithms and complex analytics are able to detect fraud in real-time from the massive amount of fast-moving data.
Gigamon Inc. and Empirix to Deliver Enhanced Data Filtering Capabilities for Service Providers
Feb 27 15
Gigamon Inc. announced that it has teamed with Empirix to extend the analytical capabilities of the Empirix IntelliSight customer experience and performance management platform. The combination of the Gigamon Visibility Fabric with the IntelliSight platform enables Empirix service providers to improve customer experience with data-intense applications such as video, voice and machine-to-machine (M2M) communications. This advanced solution combines the advanced traffic intelligence of the Gigamon platform with IntelliSight to transform volumes of data into real-time understanding of user experiences, which allows service providers to raise service levels and increase profitability.