DragonWave Provides Update on Share Consolidation

DragonWave Provides Update on Share Consolidation

OTTAWA, CANADA — (Marketwired) — 02/02/16 — DragonWave Inc. (TSX: DWI)(NASDAQ: DRWI), a leading global supplier of packet microwave radio systems for mobile and access networks, confirmed today the consolidation (the "Consolidation") of its common shares ("Common Shares") on the basis of twenty-five (25) pre-Consolidation shares for one (1) post-Consolidation share.The Common Shares will commence trading on the NASDAQ Stock Market ("NASDAQ") and the Toronto Sto

Enablence Announces the Closing of Private Placement With ZTE

Enablence Announces the Closing of Private Placement With ZTE

OTTAWA, ONTARIO — (Marketwired) — 02/02/16 — Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced the closing of the non-brokered private placement with ZTE Corporation ("ZTE") announced on January 29, 2016 for 77,000,000 common shares at a price of $0.06 per common share for proceeds of $4.62 million. All securities will be

Viavi Appoints Oleg Khaykin as Chief Executive Officer

Viavi Appoints Oleg Khaykin as Chief Executive Officer

MILPITAS, CA — (Marketwired) — 02/02/16 — (NASDAQ: VIAV) Viavi Solutions Inc. ("Viavi"), has appointed Oleg Khaykin as its new President and Chief Executive Officer, effective February 3, 2016. Mr. Khaykin has also been appointed to the Company–s Board of Directors. He will replace interim President and CEO Richard E. Belluzzo, who will continue his position as Chairman of the Board of Directors.Mr. Khaykin brings more than 28 years of industry experience to Viavi. Prior to joinin

Viavi Announces Fiscal Second Quarter 2016 Results

Viavi Announces Fiscal Second Quarter 2016 Results

MILPITAS, CA — (Marketwired) — 02/02/16 — Viavi (NASDAQ: VIAV)GAAP and Non-GAAP net revenue of $232.1 million, up $5.7 million or 2.5% year-over-yearGAAP operating margin of 4.0%, up 1,340 bps year-over-yearNon-GAAP operating margin of 13.1%, up 470 bps year-over-yearGAAP EPS from continuing operations of $0.02, up $0.18 or 112.5% year-over-yearNon-GAAP EPS from continuing operations of $0.11, up $0.06 or 120.0% year-over-yearAmounts presented below are on a continuing operations basis unles

Avaya Announces 2015 Channel Partners of the Year and 2016 Channel Priorities

Avaya Announces 2015 Channel Partners of the Year and 2016 Channel Priorities

SANTA CLARA, CA — (Marketwired) — 02/02/16 –Avaya Executive Partner Forum (AEPF) highlights growth goals and priorities for channel partner success in 2016Avaya names 13 Channel Partners of the Year winners in six categories, including the new Avaya emerging partner of the yearTo honor nearly a dozen stand-out organizations within its partner community, Avaya, a global leader in business communications software, systems and services, today announced its Avaya Connect Partners of the Year for