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Last $21.50 USD
Change Today +0.52 / 2.48%
Volume 1.1M
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

infinera corp (INFN) Key Developments

Infinera Announces Expansion of the Cloud Xpress Family of Metro Cloud Platforms

Infinera announced the expansion of the Cloud Xpress family of metro Cloud platforms. This release adds a new Cloud Xpress platform with 100 gigabit Ethernet (GbE) client services in the same compact form factor along with enhanced functionality. The Cloud Xpress family is designed specifically to address the needs of Cloud service providers, Internet content providers, Internet Exchange service providers, large enterprises and other large-scale datacenter operators. The Cloud Xpress family, which first started shipping in December 2014, leverages the oPIC-500 optical engine, Infinera's unique metro-optimized photonic integrated circuit, to deliver DWDM datacenter interconnect services up to 500 gigabits per second (Gb/s) in a compact two rack unit chassis. The new Cloud Xpress with 100 GbE extends the hyper-scale density, simplified operations and low power of the existing Cloud Xpress family that operators can use to easily deploy and scale their networks. With the addition of the new platform, the Cloud Xpress family now supports 10 GbE, 40 GbE and 100 GbE client-side interfaces to match customer specific requirements. Along with the introduction of the new Cloud Xpress with 100 GbE, Infinera announced important enhancements to the Cloud Xpress family including MACsec encryption for improved security, NETCONF &YANG support for Software Defined Networking (SDN) and ease of use, and LLDP discovery protocols enabling datacenter automation.

Colt Technology Selects Infinera DTN-X Platform for European Supercore Network

Infinera Corporation has announced that Colt Technology Services, a provider of network, voice, datacenter and managed cloud services, has selected the Infinera DTN-X packet optical transport networking platform for the upgrade of its long distance network, or LDN, the European Supercore. With the Infinera DTN-X platform, Colt can support the demand for high capacity services in Europe more effectively. Infinera's Instant Bandwidth allows Colt to rapidly provision 40G and 100G services to its carrier and enterprise customers while providing highly reliable and scalable services. Colt's European Supercore network, powered by the Infinera DTN-X, extends the benefits of Colt's existing long distance network.

Infinera Corporation Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 09:30 AM

Infinera Corporation Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 09:30 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Brad D. Feller, Chief Financial Officer and Senior Vice President of Finance.

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.

 

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INFN

Industry Average

Valuation INFN Industry Range
Price/Earnings 91.5x
Price/Sales 3.8x
Price/Book 5.3x
Price/Cash Flow 90.5x
TEV/Sales 3.2x
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