Monday, January 29, 2007

LinkedIn connects with $12.8 million

Popular networking site for business professionals raises a new round of financing from two top venture capital firms.

NEW YORK ( -- LinkedIn, a company that runs a popular online service that allows people to share business contact information, announced Monday that it has raised $12.8 million from two prominent venture capital firms.

Bessemer Venture Partners, one of the oldest venture capital firms in the U.S., and European Founders Fund (EFF), a leading investor in Internet companies, were the two firms that participated in the financing round.

The two join well-regarded venture capital firms Sequoia Capital and Greylock Partners as investors in LinkedIn, which has grown rapidly during the past year.

Chief Executive Officer Reid Hoffman said that the company has more than 9 million members and 350 corporate customers, including Microsoft (Charts) and Target (Charts).

A MySpace for grown-ups

And unlike many other dot-com startups, LinkedIn does not rely solely on advertising for sales. Hoffman said that only about 25 percent of the company's revenue comes from advertising. Subscriptions account for half of all sales while the remaining quarter comes from job listings, he said.

LinkedIn has now raised a total of $28 million through three rounds of financing. Hoffman said that LinkedIn will use the proceeds from the latest round to further expand internationally as well as on some limited marketing efforts.

The company has often been described as a MySpace-like service for business people looking to network. In fact, both VC firms cited the growing importance of LinkedIn as a resource in their business, as a reason for investing in the company.

"As heavy users of LinkedIn for deal flow, due diligence and hiring, we have seen first-hand how profoundly LinkedIn promises to transform several service markets," said David Cowan, managing partner of Bessemer Venture Partners in a statement.

Bessemer has invested in a variety of Internet companies during the past few years, including Skype, the Internet phone service that was bought by eBay (Charts) in 2005, and online video advertising firm Revver.

"We wanted to invest in LinkedIn because we see the enormous international potential as more professionals recognize the power of online networks," added Oliver Samwer, the founder off EFF, which has invested in Alando, a German online marketplace now owned by eBay, and Jamba, a wireless content company that was bought by VeriSign (Charts) in 2004. VeriSign sold a controlling stake in Jamba last year to media giant News Corp (Charts).

Five degrees of LinkedIn separation

The fact that LinkedIn now counts several well-known VC firms among its investors is likely to lead to more speculation that the company could eventually be acquired or go public. Hoffman, who said that LinkedIn is profitable and expects to generate $100 million in sales by 2008, said he's not interested in selling the company.

Hoffman did not rule out an eventual initial public offering, although he quickly added that it was "highly unlikely" LinkedIn would file for an IPO this year.

He said that the company was targeting an IPO between the third quarter of 2008 and third quarter of 2009. He said that he wants to have his company on solid footing, similar to how Google (Charts) waited for several years before finally going public.

"My personal view is that we would like to delay an IPO. We thought the Google strategy was smart; build a foundation for your business before you go public," Hoffman said.

Wednesday, January 24, 2007

Riverbed Technology, Inc. to Report Fourth Quarter and Full Year Financial Results on Wednesday, February 7, 2007

SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD) today announced it will release financial results for the fourth quarter and full year ended December 31, 2006 shortly after the close of market on Wednesday, February 7, 2007. Riverbed® will host a conference call and live webcast at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that day to discuss the results.

For parties in the United States and Canada, call 800-257-1836 to access the conference call. International parties can access the call at 303-262-2130.

Riverbed will offer a live webcast of the conference call, which will also include forward-looking information. The webcast will be accessible from the "Investor Relations" section of Riverbeds website ( The webcast will be archived for a period of 30 days. A telephonic replay of the conference call will also be available two hours after the call and will run for two days. To hear the replay, parties in the United States and Canada should call 800-405-2236 and enter passcode 11081943. International parties should call 303-590-3000 and enter passcode 11081943. In addition, Riverbeds press release will be accessible from Riverbeds website before the conference call begins.

About Riverbed

Riverbed Technology is the performance leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq:RVBD) is available at

Wednesday, January 17, 2007

Virgin Mobile TV sputters; more handsets planned

Virgin Mobile TV, touted as the U.K.'s first mobile television service upon its October 2006 launch, is so far proving a bust with consumers despite a £2.5 million advertising campaign. The Guardian reports Virgin Mobile has sold far fewer than 10,000 Lobster handsets, presently the operator's only commercial device compatible with the mobile TV service--in response Virgin Mobile slashed the Lobster's price from £199.99 to £99.99, with pre-pay subscribers also receiving a free 90-day VMTV trial. According to The Guardian, rival British carriers contend that Virgin Mobile programming is too limited, comprising only simulcasts of BBC1, ITV1, Channel 4, E4 and ITN News; while a London trial group watched an average of 66 minutes of VMTV programming per week, a subsequent trial launched by rival O2, featuring 16 different channels, generated average mobile TV viewing of four hours per week.

Virgin Mobile UK CEO Alan Gow acknowledged to The Guardian that the decision to launch only the Lobster phone hampered the service, and said the operator is planning to introduce a variety of new mobile TV handsets later this year. "Handsets are a fashion device and become unfashionable fairly rapidly and this one is approaching the end of its cycle," Gow said. Fair enough, but if these new and improved handsets are limited to the same five channels that currently make up the VMTV programming slate, it's difficult to imagine a significant shift in subscriber thinking.

Tuesday, January 16, 2007

The Venice Project code-named no more

Joost™" to combine the best of TV and the best of the Web

New York/London - January 16, 2007 - Today, the company formerly known under the code name The Venice Project has revealed its official brand, "Joost™." Currently available in private beta testing, Joost combines the best of TV and the best of the Internet by offering viewers a unique, TV-like experience enhanced with the choice, control and flexibility of Web 2.0.

Co-founded by Niklas Zennström and Janus Friis, Joost fills a critical gap in the online video entertainment arena. Joost is powered by a secure, efficient, piracy-proof Internet platform that enables premium interactive video experiences while guaranteeing copyright protection for content owners and creators.

"People are looking for increased choice and flexibility in their TV experience, while the entertainment industry needs to retain control over their content," said Fredrik de Wahl, chief executive officer of Joost. "With Joost, we've married that consumer desire with the industry's interests."

Joost is the first global TV distribution platform, bringing together advertisers, content owners and viewers in an interactive, community-driven environment. Joost can be accessed with a broadband Internet connection and offers broadcast-quality content to viewers for free.

"We've received positive and constructive feedback from our early beta-testers and are now at a stage where we're ready to reveal our true brand," said de Wahl. "The Joost name has global appeal, embodies fun and energy, and will come to define the 'best of TV and the best of the Internet'".

About Joost™

Joost™ provides a new way of watching TV that combines the best of full-screen television entertainment with online interactive and community benefits to bring an unprecedented selection of video content to viewers anytime, anywhere. Joost is based on a state-of-the-art, secure, peer-to-peer streaming technology.

DivX, Inc. to Announce Fourth Quarter and Year End 2006 Results

SAN DIEGO--(BUSINESS WIRE)--DivX, Inc. (NASDAQ:DIVX) announced today that it will issue its earnings release for the fourth quarter and year end 2006 after the market close on Thursday, February 8, 2007. DivX will host a conference call to discuss the results at 4:30 p.m. Eastern Time on the same day.

Please dial (800) 819-9193, or outside the U.S. (913) 981-4911, to access the conference call at least five minutes prior to the 4:30 p.m. (ET) start time. A live webcast and replay of the call will also be available on the Events and Presentations page at An audio replay will be available between 7:30 p.m. (ET) February 8, 2007 and midnight (ET) February 15, 2007 by calling (888) 203-1112, or (719) 457-0820, with passcode 7335486.

About DivX, Inc.

DivX creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 200 million times in the last four years, including over 60 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application, which is distributed from our website, We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.

Riverbed Expands Success in Legal Market as Major Law Firms Deploy Its Steelhead Appliances

Firms Realize Improved Productivity, Better Use of Bandwidth With Riverbed's WDS Solution

SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD) announced today that two law firms, Pepper Hamilton LLP and Loeb & Loeb LLP, as well as Electronic Evidence Discovery, Inc., a full-service electronic discovery company, have selected and deployed Riverbed’s Steelhead® wide-area data services (WDS) appliances in offices throughout the U.S. to accelerate the performance of applications across their networks. By using Riverbed’s Steelhead appliances to optimize the performance of applications between remote sites and make far better use of their bandwidth, all three companies have significantly improved employee efficiency and overall productivity.

Pepper Hamilton LLP Employs Steelhead Appliances to Improve Performance

Pepper Hamilton LLP, a multi-practice law firm with 450 lawyers, is headquartered in Philadelphia and has 10 other offices in seven states and Washington, D.C. The firm realized it needed to optimize its wide area network (WAN) when it decided to centralize email and document management. Previously, Pepper Hamilton had Microsoft Exchange 2003 servers at each site; now it has a consolidated, clustered Exchange environment. And instead of decentralized Docs Open for document management, it uses Interwoven FileSite, a client/server application.

Pepper Hamilton realized that adding bandwidth to its WAN would not be enough to achieve LAN-like performance. The firm conducted extensive research and found that some products were immature, some vendors were not well established, and some companies spread their resources too thin. Pepper Hamilton looked for an established company with a good reputation and experience in the legal community; the firm ultimately narrowed its choice to Riverbed® and its Steelhead appliances, and a product from another company. The IT department tested all the firm’s new centralized applications, sending documents from other sites to Philadelphia headquarters, using the Steelhead appliance at the Pittsburgh office and the other product in the Berwyn, Pennsylvania, office.

“Riverbed outperformed the competition by a factor of two in every application,” said Josette Marsh, CIO of Pepper Hamilton. “Reporting was easier with Riverbed; when we needed to get information, it was right there. The other product was more difficult to navigate. Plus, Riverbed and its channel partner, Voyant, were involved and always there to help. The other vendor was less involved, we didn’t have conversations with them, and they didn’t help us.”

Pepper Hamilton deployed Steelhead appliances in its 10 offices outside of Philadelphia in late August 2006 and quickly started seeing results. Overall network performance has improved, and the consolidation enabled by the Riverbed solution provides greater security and faster response to problems. Employees have noticed the difference that Riverbed makes, and the number of calls that come into the Helpdesk for WAN performance complaints has decreased tremendously.

Loeb & Loeb Manages Bandwidth with Steelhead Appliances

Loeb & Loeb is a multi-service national law firm with 250 attorneys headquartered in Los Angeles, with offices in New York, Chicago, and Nashville. Employees use the corporate LAN to access documents, send email, back up data, and replicate data for disaster recovery. However, the WAN was slow and data backup was bandwidth intensive, so Loeb & Loeb starting looking for a solution to its problems at the beginning of 2006.

As the firm researched solutions for improving application performance across the WAN, it soon realized that Riverbed’s Steelhead appliances had architecture and core technology that were more efficient and offered the best performance for the applications important to Loeb & Loeb. In addition, Loeb & Loeb CIO Judi Flournoy attended a conference where a peer spoke highly of Riverbed. But it was a test of Steelhead appliances that persuaded Loeb & Loeb to buy them.

“Our biggest reason for purchasing Steelhead appliances was to manage our bandwidth,” said Flournoy. “Users are saving and retrieving email and accessing applications, and backup traffic is running on top of user traffic, in the same pipe. All of this degrades performance, but with the Steelhead appliances we’ve improved performance across the network and made better use of our bandwidth.”

Since installing four Steelhead appliances in April, Loeb & Loeb has experienced a 65 percent overall reduction in bandwidth use, including a 95 percent reduction for document management and up to a 50 percent reduction when replicating data for disaster recovery. The firm now fully leverages its existing bandwidth, and staff can conduct disaster recovery backup across the WAN during the day rather than having to do it during off-peak hours at night. Employees are also more efficient. They see — and appreciate — the lower latency, which lets them transfer larger files and copies more quickly, and the network works more smoothly.

Loeb & Loeb purchased its Steelhead appliances from IT solutions provider Trace3, based in Irvine, California, which also provided training. The Steelhead appliances were easy to install and were up and running quickly, and IT has found that they are simple and easy to use.

Electronic Evidence Discovery Uncovers Riverbed’s Benefits

Electronic Evidence Discovery, Inc. (EED®) addresses the impact of electronic evidence on litigation, offering a hosted solution to support eDiscovery projects for law firms. The company’s production centers are housed at its Kirkland, Washington, headquarters and remote offices in New York City and Washington, D.C.; it also has nine sales offices.

EED manages most of its corporate electronic assets such as Word documents and Microsoft Exchange on file servers residing at its corporate headquarters, partly for security reasons and partly to avoid duplication of staff and equipment. In contrast, each EED production center has its own suite of production servers to support localized processing requirements demanded by its clients. Corporate issues associated with utilization of the WAN included up to 30-second delays opening application files from remote offices, prompting requests for dedicated servers by the affected employees. On the production front, EED wanted to share workload among resources between sites due to the varied nature of the jobs submitted through each local market. Yet, network latency made this an impractical solution for the majority of the workload. As a result, EED decided to invest in WAN optimization technologies that would benefit both the corporate and production environments across all of its locations.

“Other products we evaluated just weren’t in the same ball park as Riverbed’s Steelhead appliances,” said Tim Ryan, vice president of operations at EED. “Steelhead appliances are geared to our type of environment, where we need to move gigabytes and terabytes of data on a regular basis. Riverbed provided better price/performance and beat the competition in scalability as well; for instance, we can scale at headquarters without having to scale all our other offices. Plus, we can upgrade each new Steelhead appliance model when appropriate.”

When EED tested Steelhead appliances in April 2006, the IT staff immediately started receiving calls saying “What did you do to the network?” and “Don’t take this thing away.” Working with reseller Optimize Networks, EED deployed Steelhead appliances in its New York and Kirkland offices in late June and in its D.C. office in late October. Today, users no longer experience application performance issues, and production latency is down by 20 percent for the first copy and by 40 percent for the second. Now EED can assign staff to any project, regardless of where they are located. Employee productivity and user satisfaction have both improved. As such, Steelhead appliances are now part of EED’s operating expense model, helping the company manage growth, control costs, and ensure people are working productively.

About Riverbed’s Steelhead Appliances

Riverbed’s wide-area data services (WDS) solutions enable organizations with more than one office to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites, by five to 50 times and in some cases up to 100 times between enterprise datacenters and remote offices, Riverbed’s award-winning Steelhead WDS appliances enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead appliances have been deployed in organizations ranging from the world’s largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view our demo:

Forward Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed’s products and services, and statements relating to Riverbed’s ability to meet the needs of distributed organizations, grow market share or grow the market as a whole. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed’s business are set forth in our Registration Statement on Form S-1 filed with the SEC, including the “Risk Factors” section in our final Prospectus dated September 20, 2006, and in our Form 10-Q filed with the SEC on October 31, 2006. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

About Riverbed

Riverbed Technology is the performance leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq:RVBD) is available at

Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.

Thursday, January 11, 2007

OpenTV and S3 Showcase IPTV Set-Top Box Solutions

LAS VEGAS, BUSINESS WIRE -- OpenTV Corp. (NASDAQ GM: OPTV), a leading provider of solutions for advanced digital television, and Silicon & Software Systems Ltd. (S3), a world leader in Connected Consumer Technology solutions, today announced their further collaboration in enabling the rapid deployment of HD, PVR, and IPTV set-top box (STB) solutions. These solutions will be showcased at the 2007 International CES Show in Las Vegas.

S3 recently extended its coLinkTV(TM) adaptation software product to support OpenTV's IPTV functionality, delivering a major competitive advantage to manufacturers and operators wishing to deploy interactive STBs and PVRs. OpenTV has engaged S3 to integrate its Core2(TM) and PVR2(TM) middleware with S3's coLinkTV on advanced IPTV set-top boxes. This IPTV solution will be demonstrated on an Amino A13x STB at CES.

coLinkTV delivers STB manufacturers and pay TV operators the key adaptation software required to rapidly deploy secure, interactive, high definition STB and PVR solutions for cable, satellite, terrestrial and IPTV networks. It provides a key porting layer between the OpenTV middleware and STMicroelectronics' STi71xx and STi51xx processor families, enabling rapid deployment of STBs. coLinkTV provides a flexible architecture that significantly reduces manufacturers' development costs and risks while providing a fast path to OpenTV certification. In addition, the product has been proven with industry leading conditional access systems. coLinkTV is already in use by a number of STB manufacturers in deployed, OpenTV-enabled networks.

"The extension of the coLinkTV(TM) product to include IPTV functionality offers a significant competitive advantage to our STB and PVR customers," commented Paul Kavanagh, Digital Consumer Marketing Manager, S3. "S3's further collaboration with OpenTV, as the technology leaders in advanced DTV services, demonstrates our commitment to the continuous development of innovative product solutions for this marketplace."

According to Tracy Geist, SVP of Marketing at OpenTV, "OpenTV helps springboard operators into the world of IPTV, changing the way users watch television and traditional program guides to a more demand- and user-driven experience. OpenTV continues to work closely with S3 as they consistently deliver high quality, innovative solutions and they have a strong knowledge of our products."

eBay Confirms Plans To Buy StubHub For $310 Million

Online auctioneer eBay Inc. plans to buy sports ticket reseller StubHub for around $310 million in cash, confirming an earlier report that the deal was imminent. The pending acquisition is expected to close before the end of March.

EBay wasn't saying Wednesday how the all-cash purchase will impact its financials. It will do so on Jan. 24, when it reports its fourth-quarter financials.

Aside from any potential benefit to eBay, the acquisition also serves as further validation of online ticket sellers, which have been among the fastest growing online industries.
StubHub generated about $100 million in sales in 2006 on $400 million gross ticket sales, according to spokesperson Sean Pate.

StubHub had been shopped around since October 2005, and eBay was considered by insiders as the leading candidate to buy the company. In a curious twist, eBay tried to buy StubHub for $20 million in 2002, when the company was two-years-old. But talks fell apart.

EBay has its own ticket marketplace as well. But it's unclear just how robust it is and what impact the StubHub purchase will have on it.

If traffic is any measurement, however, StubHub's business is far more active than eBay's.

StubHub saw 2.1 million unique visitors and generated 22.3 million page views in August, according to Nielsen//NetRatings. EBay's ticket section saw 309,000 unique visitors and 875,000 page views.

Cisco sues Apple over iPhone name

SAN FRANCISCO, Jan 10 (Reuters) - Cisco Systems Inc. CSCO on Wednesday sued Apple Inc. AAPL over its use of the iPhone trademark, a day after Apple shook up the cell phone market by unveiling its sleek mobile phone using the name claimed by Cisco.

Shares of Apple, which are volatile, initially fell 1.3 percent in after-hours trade following the announcement and then pared the loss to less than half a percent.

Apple Chief Executive Steve Jobs debuted the long-rumored iPhone at the start of Apple's annual Macworld conference in San Francisco on Tuesday, and both companies had said a deal on the 'iPhone' name was near.

"We think this is silly," said Apple spokesman Steve Dowling of the tiff over trademarks. "There are already several companies using the name iPhone for voice over IP (Internet Protocol) products."

Cisco said it wanted to keep Apple from "infringing upon and deliberately copying and using" the trademark, which the No. 1 network equipment maker obtained in 2000 after acquiring Infogear. Infogear had previously owned the trademark and had sold devices called iPhones for several years, it said.

Linksys, a division of Cisco, has been selling wireless products with the iPhone name since early last year, with new products added to the line in December. Linksys is part of Cisco's strategy to tap consumer electronics markets; Cisco early last year bought set-top box maker Scientific-Atlanta.

Monday, January 08, 2007

Yahoo! Aims for Lead in Mobile Search Space

Riverbed's Steelhead Appliance Named a Technology of the Year by InfoWorld for Third Consecutive Year

    Named Best WAN Accelerator in 2005, 2006 and 2007; Technology
Recognized for Maturity, Simplicity and Speed

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 8, 2007--Riverbed Technology, Inc. (Nasdaq: RVBD), the performance leader in wide-area data services (WDS), announced today that InfoWorld has named Riverbed's Steelhead(R) appliance as the Best WAN Accelerator of 2007. InfoWorld established the WAN accelerator category in 2005; Riverbed has been the winner since the inception of the category, with InfoWorld awarding the Steelhead appliance a rating of 9.0 out of a maximum of 10 for three years running. To view this year's report, please visit

"The annual Technology of the Year Awards highlight the best products reviewed by the InfoWorld Test Center in the past year that are defining, and often redefining, the role of IT," said Steve Fox, InfoWorld's editor in chief. "Regardless of category, innovation thrives across enterprise IT."

According to InfoWorld's Technology of the Year writeup, "perennial winner Riverbed continues to impress with expanded CIFS and NFS support in 3.0, allowing for better performance with both Windows- and NFS-based servers. QoS can now be enforced in the appliance with policies based on bandwidth and latency. Detection and correction of asymmetric routes is also a big plus."

"This award is a reflection of our real-world experience with customers," said Eric Wolford, senior vice president, marketing and business development at Riverbed. "In head-to-head competition, organizations select Riverbed(R) over the alternatives, including Cisco and Juniper, the majority of the time. We offer customers the most proven, mature solution that is simple to install and manage and provides the best performance for the broadest range of applications important to their businesses."

InfoWorld reviewed Riverbed's Steelhead appliance models 200, 5520 and 6020, plus its new release of the Riverbed Optimization System (RiOS(TM)), in October 2006. The reviewer noted that, "true to form, the company provided excellent improvements with little tweaking. Release 3 of RiOS shows a more mature product, with the focus on improving existing features, the addition of greater application support, and much increased capacity. During its time on my bench, Steelhead proved again that it is more than capable of making oversubscribed WAN circuits appear faster than they were while greatly reducing response time, besting previous releases by as much as 20 percent." The full review is available at

Friday, January 05, 2007

Riverbed 4th Quarter 2006 Results

Price target on Riverbed Technology (Nasdaq: RVBD) is $40, standby for a mega set of 4th Quarter results.

"Buy, Buy, Buy"

Top Ten Performing IPOs (trailing twelve months)

Omrix Biopharmaceuticals, Inc. 217%
Riverbed Technology, Inc. 209%
Home Inns & Hotels Management Inc. 183%
Acorda Therapeutics, Inc. 160%
Chipotle Mexican Grill, Inc. 156%
Vanda Pharmaceuticals Inc. 148%
MasterCard Incorporated 147%
New Oriental Education & Technology Group Inc. 135%
Omniture, Inc. 113%
NYMEX Holdings, Inc. 110%

Tamilnad Mercantile Bank, Ltd. Ensures Data Protection with Riverbed's Steelhead Appliances

100 MB File Replicated Between Chennai and Bangalore Every Two Minutes

San Francisco, CA — January 3, 2007 — Riverbed Technology, Inc. (Nasdaq: RVBD) , the performance leader in wide are data services, announced today that the Tamilnad Mercantile Bank, LTD. (TMB) has selected and deployed Riverbed’s Steelhead® wide-area data services (WDS) appliances to ensure that its critical banking transaction data is not lost should a disaster occur. TMB has deployed the Steelhead appliances in the company’s Chennai data center and in its Bangalore disaster recovery center.

TMB is a premier private sector bank headquartered in Thoothukudi, with seven regional offices and 173 branches across India. TMB was founded in 1921 and is one of the few private sector banks in India that has successfully evolved in the rapidly changing Indian banking industry. TMB has continuously recorded profits for the past 84 years.

During peak business hours, TMB generates a 100 MB log file every five minutes. To protect this critical banking transaction data, TMB replicates the files from its Chennai data center to its Bangalore disaster recovery center. Prior to installing Riverbed’s Steelhead appliances, replication of this file using Oracle’s Data Guard application took more than 10 minutes. If a disaster were to hit during peak business hours, TMB risked losing over 200 MB of data. TMB recognized this risk and sought a solution. The company considered upgrading bandwidth as a solution; however, this option was very expensive and, TMB learned, would not improve the replication time. The company turned to WDS vendors for a solution and selected Riverbed’s Steelhead appliances over the competition. In in-depth evaluations, Riverbed clearly delivered the best performance.

Following installation of the Steelhead appliances, time to replicate TMB’s banking transaction data dropped from over 10 minutes to two minutes. Data traversing the wide area network (WAN) has been reduced by over 65% and WAN utilization is down to less than 50%. Prior to installation of the Steelhead appliances, utilization was more than 90%.

“It is critical that we protect our banking transaction data,” said P.R.Varatharajan, general manager, Tamilnad Mercantile Bank. “We have designed our disaster recovery (DR) systems to ensure that we do not lose any data should disaster strike. Riverbed’s Steelhead appliances have become a critical component of our DR architecture.”

Wednesday, January 03, 2007

Google & Earthlink close to finalizing the terms of San Francisco muni Wi-Fi deal

According to a report in MarketWatch, Google and Earthlink are "very close" to finalizing the terms for the city-wide San Francisco municipal wireless network. Once Google and EarthLink work things out, the city still needs to approve the contract terms, so while the report claims an announcement could drop this week there are still a few more hurdles ahead. The two companies have negotiated the deal for more than nine months.

The proposed network calls for two offerings: A free, high-speed network supported by Google's AdSense and a second, faster and commercial-free Internet service that will retail for $20 a month. San Francisco picked the Google-EarthLink venture for its network in April 2006. Google has since launched a similar free and ad-supported network in its hometown of Mountain View, CA.

For more on the the SF muni-wireless network:
- read this article from MarketWatch

Riverbed Selects PFSweb to Provide International Logistics, Product Configuration and Final Assembly Solution

PLANO, Texas--(BUSINESS WIRE)--PFSweb, Inc. (NASDAQ: PFSW) a global provider of integrated business process outsourcing (BPO) solutions, announced an agreement with Riverbed Technology (NASDAQ: RVBD), the performance leader in wide-area data services (WDS) solutions, to provide product configuration and final assembly services for their WDS product lines, as well as inventory management, order fulfillment and international logistics services. The terms of this contract, signed in November of 2006, were not disclosed.

PFSweb will support Riverbeds global operations from its Memphis, Tennessee distribution campus. PFSweb will utilize its advanced order management systems, supply chain and transportation management applications and warehouse management systems to support Riverbeds complete supply chain and order fulfillment requirements. PFSwebs Entente Suite of integration products will also be deployed to support the seamless integration with Riverbeds ERP systems and other applications and to provide visibility into the supply chain for Riverbed®, its customers and trading partners. PFSweb expects to launch a custom tailored solution for Riverbed in the first quarter of 2007.

We were in search of an experienced partner with proven capabilities, scalable infrastructure and global reach, said David Olson, vice president of operations at Riverbed. PFSwebs solution extends the capacity and capability to respond to our strategic growth needs while providing best-in-class service to our valued customers.

Riverbed is an exciting addition to our high tech client portfolio. They have been recognized in the industry as a technology innovator and with their recent successful IPO, we believe they are well-positioned for continued rapid growth. PFSweb has a history of working with fast growth clients, offering scalable solutions to manage evolving business needs. Were committed to providing a quality multi-market solution that will benefit both Riverbed and their customers, said Mike Willoughby, President of PFSweb Services Division.

About PFSweb, Inc.

PFSweb develops and deploys integrated business infrastructure solutions and fulfillment services for Fortune 1000, Global 2000 and brand name companies, including third party logistics, call center support and e-commerce services. The company serves a multitude of industries and company types, including such clients as CHiASSO, FLAVIA® Beverage Systems, Hewlett-Packard, International Business Machines, Raytheon Aircraft Company, Rene Furterer USA, Roots Canada Ltd., The Smithsonian Institution and Xerox.

Through its wholly owned subsidiary, PFSweb also serves as a leading multi-category online discount retailer of high-quality new, "close-out" and manufacturer recertified brand-name technology and consumer electronics for consumers and small to medium size business buyers. The brand markets more than 100,000 different products from leading manufacturers such as Apple, Canon, Citizen, Denon, Hewlett-Packard, Nikon, Onkyo, Seiko, Sony, and Toshiba primarily over the Internet and through direct marketing.

To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit the company's websites at and

Monday, January 01, 2007

Bebo is the #1 search word in 2006 on Google Zeitgeist - Top Searches in 2006

1. bebo
2. myspace
3. world cup
4. metacafe
5. radioblog
6. wikipedia
7. video
8. rebelde
9. mininova
10. wiki

Google News - Top Searches in 2006

1. paris hilton
2. orlando bloom
3. cancer
4. podcasting
5. hurricane katrina
6. bankruptcy
7. martina hingis
8. autism
9. 2006 nfl draft
10. celebrity big brother 2006