Force10 Networks Opens New Innovation Center in Olympia Technology Park; Company's India Growth Strategy Accelerates Employment Ramp

CHENNAI, India, Sept. 6 /PRNewswire/ -- Force10 Networks, Inc., a global technology leader that data center, service provider and enterprise customers rely on when the network is their business, today formally unveiled its new Innovation Center, a 44,000-square-foot facility that houses its India headquarters, development lab and data center in Olympia Technology Park.

At a ceremony marking the new facility, the company said it had expanded its research and development (R&D) and support teams some 50 percent since April, 2010. Moreover, the company's India-based strategic partner, which has been engaged to augment the skill sets of Force10's Chennai team, has hired 80 engineers to carry out Force10's development work in India. As part of its ongoing growth strategy, Force10 expects to nearly double its engineering team again by 2011.

Participating in the traditional "lamp-lighting" inauguration ceremony were U.S. Consulate General Andrew Simkin, executives from high-tech firms Aricent Networks, Tata Communications, and Ixia, and Force10's Chennai employees.

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Source : http://www.prnewswire.com/news-releases/force10-networks-opens-new-innovation-center-in-olympia-technology-park-companys-india-growth-strategy-accelerates-employment-ramp-102277884.html

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Big Web operations turn to tiny chipsBig Web operations turn to tiny chips Read more at: http://www.ndtv.com/news/sci-tech/big-web-operations-turn-t

Is this Silicon Valley or Hogwarts School of Witchcraft and Wizardry?

Over the last 18 months or so, this question has become tougher to answer as a flood of products with names like Voldemort, Hadoop and Cassandra have appeared on the scene.

They are part of a new wave of highly specialized technology -- both software and hardware -- built by and for Web titans like Facebook, Yahoo and Google to help them break data into bite-size chunks, and present their Web pages as quickly and cheaply as possible, even while grappling with increasing volumes of data. Facebook, for example, created Cassandra to store and search through all the messages in people's in-boxes.

Source : http://www.blogger.com/post-create.g?blogID=1081499359976999588

Read more at: http://www.ndtv.com/news/sci-tech/big-web-operations-turn-to-tiny-chips-33032.php?cp

How to Make Money on Open Source Software

Yesterday our portfolio company Twilio announced the developer availability of theirOpen VBX platform. Techcrunch and GigaOm had good posts on it. Techcrunch called it “open source google voice for business” and Om Malik said “OpenVBX is simple and yields the one thing users want most: a voice mail box that also forwards calls to different numbers.”

There is other open source PBX software out there, namely Asterisk and Freeswitch. And there are other cloud based telephony APIs as well. But what is important about Open VBX and the Twilio web service API for telephony is the pairing of the two. With Open VBX you get free software to build telephony services and a web based telephony cloud to provision the numbers, calls, text messages, and way more.

Source : http://www.blogger.com/post-create.g?blogID=1081499359976999588

US rules out Taiwan free trade deal

WASHINGTON — The United States has ruled out a free trade agreement with Taiwan amid a dispute over beef imports, days after the island signed a sweeping accord with longtime adversary China.

Taiwan's President Ma Ying-jeou has tried to sell the landmark accord with China to voters in part by arguing that the island will now be able to pursue free trade agreements with more countries, as Beijing would no longer object.

"The United States has no plans to begin talks with Taiwan about an FTA at this time," David Shear, the State Department pointman on China-Taiwan ties, said Wednesday at the Carnegie Endowment for International Peace.

"Despite our excellent relations, I am disappointed by the lack of progress the United States and Taiwan have made on trade issues" in recent years, said Shear, a deputy assistant secretary of state.

Source : http://www.blogger.com/post-create.g?blogID=1081499359976999588

Media sector eyes mid-ticket deals in coming months

MUMBAI: The fragmented media industry is heading for several mid-sized deals in coming quarters as cash-rich regional players try to expand, while larger but loss-making operators look to consolidate around core segments.

The $12 billion media and entertainment industry, which has seen a handful of recent mergers, is poised for a wave of small to mid-sized deals across radio, television, newspapers and cable distributors, bankers and analysts said.\

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