Infinera Corporation Reports Fourth Quarter and Fiscal Year 2014 Financial Results

SUNNYVALE, CA--(Marketwired - Jan 22, 2015) - Infinera Corporation (NASDAQ: INFN), provider of Intelligent Transport Networks, today released financial results for the fourth quarter and fiscal year ended December 27, 2014.

Revenue for the quarter was $186.3 million compared to $173.6 million in the third quarter of 2014 and $139.1 million in the fourth quarter of 2013.

GAAP gross margin for the quarter was 45.3% compared to 43.4% in the third quarter of 2014 and 40.2% in the fourth quarter of 2013. GAAP operating margin was 6.9% in the fourth quarter of 2014 compared to 4.3% in the third quarter of 2014 and an operating loss of 5.1% in the fourth quarter of 2013.

Redline Communications Brings Cost Efficiencies to the Oilfield with $2.6 Million Wireless Network Win

TORONTO , Jan. 8, 2015  - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of mission-critical wireless networks for the oil and gas industry, announced today that it has received a $2.6M contract for the first phase of a wireless network that is expected to bring cost-saving automation to hundreds of oil wells in an oilfield in the Middle East .

Redline's newest customer, one of the largest oil producers in the region, will be implementing an advanced production monitoring and control system to make oil production more productive and efficient. They will use Redline's wireless network solution to provide the real-time connectivity that makes these bottom line benefits possible.

Oplink to be Acquired by Koch Industries for $24.25 Per Share in Cash

Oplink to be managed by Molex

Transaction to significantly expand Molex's fiber optic capabilities

FREMONT, Calif. and WICHITA, Kan., Nov. 19, 2014 -- Oplink Communications, Inc. (OPLK) and Koch Industries, Inc., today announced that they have reached a definitive agreement for Koch Optics, Inc., a wholly owned Koch Industries subsidiary, to acquire Oplink, a leader in optical components and systems, in an all-cash transaction for approximately $445 million. Under the terms of the agreement, which has been approved by each company's Board of Directors, Koch Optics will commence a tender offer and subsequent merger for all of the outstanding shares of Oplink common stock for $24.25 per share.