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Last $19.68 USD
Change Today -0.01 / -0.05%
Volume 759.0K
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

infinera corp (INFN) Key Developments

Infinera and Arista Networks, Inc. Announce Technology Alliance

Infinera and Arista Networks, Inc. have announced a technology alliance to deliver turn-key metro and regional cloud networking solutions that reportedly combine high-performance datacenter switching along with high-capacity, low-power, rack and stack optical transport for datacenter interconnect applications for internet content providers, enterprises and service providers. The solution integrates Arista's 7000 series switching portfolio with the Infinera Cloud Xpress to deliver an interoperable solution designed for the datacenter and Cloud networking markets. The combination provides a set of solutions that are well suited for bandwidth intense applications such as IP storage networking, big data environments, high-performance computing (HPC), and media and entertainment networking. The deployment of scale-out datacenter switching fabrics and the growing bandwidth demands between datacenters continues to drive strong demand for 10, 40, and 100 gigabit Ethernet (GbE) connectivity. The partnership provides integrated deployable solutions that support these interconnection speeds as part of a scalable, low-latency, high-performance datacenter architecture.

OTEGLOBE Selects Infinera to Expand International Backbone

Infinera announced that it is offering 100 Gb/s terrestrial and subsea connections between Greece and Western Europe through Italy and the Balkans, with the Infinera DTN-X packet optical transport networking platform for the international backbone expansion of OTEGLOBE, an international telecommunications carrier in South-eastern Europe and member of OTE Group. Reportedly, OTEGLOBE has recently signed an agreement to land a new international submarine cable system, named AAE-1, at its international landing station at Chania, Crete, aimed to transform Greece into a major European Internet gateway to the Middle East and North Africa regions and beyond. Accordingly, to achieve this goal, OTEGLOBE is expanding its European backbone network with the Infinera DTN-X platform. This expansion is expected to enable OTEGLOBE to deploy international services for its terrestrial and subsea network, as well as to differentiate service offerings while increasing network efficiency as OTEGLOBE scales network capacity.

Infinera Corporation Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 02:30 PM

Infinera Corporation Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 02:30 PM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States. Speakers: Brad D. Feller, Chief Financial Officer and Senior Vice President of Finance, Thomas J. Fallon, Chief Executive Officer and Director.

Infinera and Arista Networks, Inc. Announce Technology Alliance to Deliver Scalable, Turn-Key Metro and Regional Cloud Networking Solutions

Infinera and Arista Networks, Inc. announced a technology alliance to deliver scalable, turn-key metro and regional Cloud networking solutions that combine high-performance datacenter switching along with high-capacity, low-power, rack and stack optical transport for datacenter interconnect applications for Internet content providers, enterprises and service providers. The solution integrates Arista's 7000 series switching portfolio with the Infinera Cloud Xpress to deliver an interoperable solution designed for the datacenter and Cloud networking markets. The combination provides a set of solutions that are well suited for bandwidth intense applications such as IP storage networking, big data environments, high-performance computing, and media and entertainment networking. The deployment of scale-out datacenter switching fabrics and the growing bandwidth demands between datacenters continues to drive strong demand for 10, 40, and 100 gigabit Ethernet connectivity. The partnership provides integrated deployable solutions that support these interconnection speeds as part of a scalable, low-latency, high-performance datacenter architecture.

Midcontinent(r) Deploys Infinera Intelligent Transport Network to Expand Services in Upper Midwestern United States

Infinera announced that Midcontinent has deployed the Infinera DTN-X packet optical transport networking platform in its Upper Midwest service area of the United States to deliver cable television, high-speed Internet and telecom services to its customers. As demand for triple play network services increases, Midcontinent has experienced rapid increases in customer traffic and expects demand to continue to grow. The Infinera DTN-X platform enables Midcontinent to deliver capacity with 100 gigabit per second (Gb/s) coherent transmission using 500 Gb/s super-channels, with a forward-scale design to support in-service migration to terabit super-channels in the future.

 

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Industry Analysis

INFN

Industry Average

Valuation INFN Industry Range
Price/Earnings 85.8x
Price/Sales 3.5x
Price/Book 5.0x
Price/Cash Flow 83.9x
TEV/Sales 2.9x
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