Last $0.29 USD
Change Today -0.036 / -10.98%
Volume 295.8K
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

ikanos communications inc (IKAN) Key Developments

Ubee Selects Ikanos for Next-Generation Multi-Mode Gateway Products

Ikanos Communications, Inc. announced that it has extended its partnership with Ubee Interactive to develop next-generation CPE products for deployment by global carriers. Building on Ubee's existing installed base of Ikanos-based triple-play gateways in Europe, the company plans to integrate Ikanos' latest Vx500 family of gateway processors into its next-generation xDSL and multi-mode home gateways to meet the needs of global carriers. This platform strategy will enable Ubee to address the growing demand for vectoring-capable VDSL gateways in the market, with a seamless software migration path to gigabit broadband. The new Fusiv Vx585 gateway processor from Ikanos will power Ubee's next-generation gateway platform, providing support for the full suite of ADSL and VDSL connectivity, including vectoring and bonding. The high-performance acceleration engines embedded in the Vx500 family enable reliable and secure, gigabit WiFi performance, dual-band concurrent 802.11n and 802.11ac, as well as line-rate routing capabilities, with minimal impact on the main processor subsystem. With a dual-core CPU architecture running up to 1.2Ghz, and support for multi-threading, Vx500 processor cores appear as four individual virtual cores to the operating system, creating an efficient, powerful, and developer-friendly software environment. The high-performance USB3.0 and SATA interfaces are ideal for high-speed storage, cloud caching, and simultaneous LTE connectivity at up to Category 7 speeds.

Ikanos Communications, Inc. Approves Restated Certificate of Incorporation

Ikanos Communications, Inc. announced that its shareholders at the special meeting held on November 21, 2014 approved the restated certificate of incorporation to increase the number of authorized shares of the company's common stock from 200,000,000 to 425,000,000.

Ikanos Communications, Inc.'s Fusiv(R) Chipset Powers New Multi-Mode LTE CPE Platform from Mako Networks

Ikanos Communications, Inc. announced that its powerful Fusiv(R) gateway processor will be featured in Mako Networks' multi-mode LTE CPE platform certified to operate on the Sprint network. This new CPE forms part of Mako's PCI-DSS certified network management system and is optimized to provide the high level of security for payments and other financial transactions across corporate networks. Incorporating redundant network interfaces, the Mako CPE heightens reliability, supporting the ability to fail-over to a secondary LTE connection in the event of a network disruption on its primary network connection. Its multi-mode network interface is complemented by a high-performance, dual-band concurrent Wi-Fi wireless router, a powerful firewall, and a host of other technologies designed to help protect businesses -- including multisite businesses, retailers, and franchise operators that process, store or transmit credit card data. The CPE integrates seamlessly with Mako Networks' cloud-based Central Management System (CMS), allowing centralized remote access from the cloud for network administration and configuration. The introduction of the multi-mode LTE gateway and its certification for deployment on Sprint's network are significant steps for Ikanos, supporting the company's objective to further expand its addressable market to include LTE wireless gateways, augmenting its technology leadership position in wired gateways that are deployed by top-tier carriers worldwide. The Fusiv(R) processor's distributed architecture provides carriers with ample headroom for growth, allowing the chip's host processor to support a breadth of carrier-specific applications while using multiple, dedicated acceleration processors to offload functions as diverse as cloud access, high-performance wireless, content distribution within the home or enterprise, and network-attached storage (NAS).

Ikanos Communications, Inc. Presents at LD Micro Conference, Dec-03-2014 07:30 AM

Ikanos Communications, Inc. Presents at LD Micro Conference, Dec-03-2014 07:30 AM. Venue: Luxe Sunset Boulevard Hotel, 11461 Sunset Boulevard, Los Angeles, California, United States. Speakers: Dennis A. Bencala, Chief Financial Officer, Principal Accounting Officer and Vice President of Finance, Omid Tahernia, Chief Executive Officer, President and Director.

Ikanos Communications, Inc. Proposes Amendment to Certificate of Incorporation to Increase Authorized Share Capital

Ikanos Communications, Inc. proposed amendment to certificate of incorporation to increase authorized share stock from 200,000,000 to 425,000,000 thereby increasing the authorized number of shares of capital stock, including preferred stock, to 426,000,000. The company also proposed amendments to the 2014 Plan that will provide with a sufficient number of shares to offer competitive equity compensation to employees, consultants, and directors. Company intends to use a portion of these shares to grant awards to current employees after closing the rights offering, so that current employees may maintain their respective ownership percentages generally commensurate with their ownership percentages immediately prior to the private placement which was closed on September 29, 2014.


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