6 ways to survive (and thrive) at your next networking event

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There are two kinds of people in the world: Those who look forward to networking events and those who would rather have a root canal than attend one. I feel fortunate to fall into the former camp, but I can certainly empathize with those in the latter. Whether hitting the networking scene is an official… Read More…

F5 Networks buys networking startup LineRate Systems

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F5 Networks has acquired LineRate Systems, a Colorado startup that’s developing technologies around what’s called software define networking. Terms of the deal were not disclosed and the acquisition is not expected to make a material impact on F5′s results, but F5 noted that the networking technologies will help “bring superior service agility, application intelligence, and… Read More…

Shares of F5 jump as profits rise

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F5 Networks, the Seattle maker of networking equipment and software, today posted a revenue increase of 13 percent for its fiscal first quarter as profits also rose. The company tabulated $365.5 million in revenue, up from $322.4 million for the same period last year. Net income increased to $69.5 million, up from $66.5 million. Shares… Read More…

Amid ‘cautious spending environment’ revenue growth slows at F5 Networks

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F5 Networks said that revenue slowed during its fiscal third quarter amid what CEO John McAdam dubbed a “more cautious spending environment.” Nonetheless, the maker of software and hardware to securely delivery applications over the Internet boosted revenues during the quarter $352.6 million, a 3.8 percent increase over the prior quarter and a 21.3 percent… Read More…

Isilon co-founder Sujal Patel hops on board of ExtraHop

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Sujal Patel has already built one powerhouse in the Pacific Northwest. Now, the Isilon Systems co-founder is lending his talents to an up-and-comer. Patel — who sold Isilon to EMC for a cool $2.25 billion in 2010 — is being named to the board of ExtraHop Networks today. In addition, ExtraHop has named former Isilon… Read More…

F5 buying Traffix Systems to support spike in mobile data

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F5 Networks has agreed to buy Traffix Systems, an Israeli company whose behind-the-scenes signaling technology helps mobile operators manage all that data flowing across their networks, thanks to all those smartphones, tablets and other devices we’re using these days. Traffix specializes in what’s known as the Diameter signaling protocol, which has emerged as the standard… Read More…

Why Glenn Kelman is wrong: A defense of networking

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First, a big thanks to Redfin CEO Glenn Kelman for stepping up and delivering a thoughtful and illuminating presentation at the recent Startup Conference in Seattle.  I was enlightened, inspired and entertained… and I’m sure the audience of nascent entrepreneurs was as well. For the record, I don’t know Glenn personally but I’ve bumped into… Read More…

Money-hungry Clearwire tells investors it needs even more cash

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It was just two months ago that Clearwire inked a deal to receive up to to $1.6 billion in financing from its partner Sprint. That’s a lot of coin, but it is not quite enough to satiate the demands of the Kirkland wireless broadband provider. In a SEC filing Thursday, Clearwire said that it will… Read More…

F5 shares jump after revenues surge 19.9% to $322 million

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F5 Networks, whose software and hardware products speed the delivery of applications over the Internet, jumped more than five percent in after hours trading following the release of the Seattle company’s first quarter earnings report. F5 posted revenue of $322.4 million, up 2.5 percent over the previous quarter and a 19.9 percent increase over revenue… Read More…

F5 Networks hires Cisco veteran to lead charge in security

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F5 Networks, fresh off its blockbuster financial announcement last week, continues to strengthen its executive bench. The Seattle company today announced that Manny Rivelo, a 19-year veteran of Cisco Systems, has joined as vice president of security and strategic solutions. Cisco and F5 Networks are longtime rivals, so the hiring of Rivelo is especially interesting…. Read More…