Friday, November 3, 2017

Aquantia rises 6% in IPO, raising $61m for its 10GBase-T PHYs

The share price of Aquantia, which offers 10GBASE-T PHY and other Ethernet solutions, rose 6% on its first day of trading on the NYSE under the symbol "AQ" to close at $9.51.

The company sold 6,818,000 shares of its common stock in the IPO, raising $61 million.

Aquantia is based in San Jose, California.

Telia Carrier activates PoP in QTS' mega data center

Telia Carrier activated a connectivity node in QTS' mega data center in Richmond, Virginia.

The data center is a 1.3 million square foot facility with more than 550,000 square feet of raised floor capacity. The 220-acre QTS campus features 12 megawatts currently available with the ability to expand to more than 400 megawatts.

Telia Carrier's extensive fiber network and advanced network services further expand QTS' ability to provide low latency connectivity and reinforce QTS as the largest provider in Richmond with more than one terabit of on-net capacity.

The companies said the facility's proximity to Ashburn, Virginia to the north and the new Virginia Beach Cable Landing (VBCL) to the south, make it particularly attractive.

"The Telia Carrier partnership allows QTS to provide optimum proximity and connectivity for Richmond's thriving business community including a growing number of multinational corporations," said Brent Bensten, Chief Technology Officer, Product Development, QTS. "As Richmond's largest data center, QTS' partnership with the world's number one network backbone provider is a significant addition to our expanding connectivity capabilities."   

"As one of the world's leading telecommunications providers, Telia Carrier empowers highly flexible and scalable IT infrastructure partners backed by the highest levels of high-touch enterprise support," said Art Kazmierczak, Director Business and Network Development, Americas for Telia Carrier.  "We are pleased to partner with QTS and expand the availability of our highly compelling suite of international network services in the Mid-Atlantic region."


QTS plans mega data center campus in Ashburn


QTS Realty Trust has kicked off development a mega data center campus in Ashburn, Virginia. Phase 1 of its multi-tenant development, representing approximately four megawatts of critical sellable capacity, is expected to come online by mid-2018. This year, QTS acquired 52 acres of land in Ashburn, Virginia in two parcels for a total purchase price of $53 million.  The first parcel, representing 24 acres and a $17 million purchase price, closed...

MAREA redefines the transAtlantic subsea bandwidth equation


Construction of the highest-capacity subsea cable to cross the Atlantic is now complete. The 6,600 km MAREA subsea cable, which was jointly funded by Microsoft and Facebook, links Virginia Beach, Virginia to Bilbao, Spain. The cable will be managed by Telxius, Telef√≥nica’s new infrastructure company. The cable features eight fiber pairs and an initial estimated design capacity of 160 Tbps. The cable takes a more southern route than other transatlantic...


Continental acquires Argus Cyber Security

Continental has acquired Argus Cyber Security (Argus), a start-up focused on vehicle cyber security. Financial terms were not disclosed.

Argus, which was founded in 2013, is headquartered in Tel Aviv, Israel and has a team of more than 70 people. The company has 38 granted and pending patents in the area of cyber security for automobiles.

Continental said the acquisition the acquisition will help it to better address the needs of vehicle manufacturers and suppliers around the world in defining and implementing strategies and countermeasures to minimize the exposure of vehicles to cyber risks. The goal is to provide multi-layered, end-to-end security and services including intrusion detection and prevention, attack surface protection and fleet cyber security health monitoring and management via a security operations center (SOC) to protect vehicles in the field over their entire lifespan. The companies will also provide software updates over-the-air solutions.

Argus will be a part of EB, Continental's stand-alone software company and will continue to engage in commercial relations with all automotive suppliers globally.

"Only secure mobility is intelligent mobility. With the acquisition of Argus Cyber Security we are enhancing our abilities to directly develop and offer solutions and services with some of the world's leading automotive cyber security experts to our customers around the globe in order to truly make mobility more intelligent and secure," says Helmut Matschi, member of the Executive Board at Continental and head of the Interior division.

"Argus was founded with a vision to protect all vehicles on the road from cyber threats. To this end we have developed the most comprehensive automotive cyber security offering in the industry and enjoy global recognition of our leadership. Joining forces with Continental and EB will enable us to further accelerate the realization of that vision," says Ofer Ben-Noon, Co-Founder and CEO of Argus Cyber Security.

Broadcom to move HQ back to U.S. from Singapore

Broadcom announced plans to re-establish itself as a U.S. corporation. It is currently domiciled in Singapore for tax purposes.

Broadcom said the redomiciliation will occur whether or not there is corporate tax reform in the United States, although the final form and timing of the redomiciliation will be affected by any corporate tax reform.

Hock Tan, Broadcom's president and CEO, announced the decision at a White House event with President Trump.

“We believe the USA presents the best place for Broadcom to create shareholder value,” said Hock Tan. “We expect the tax reform plan effectively to level the playing field for large multinational corporations headquartered in the United States and to allow us to go all in on U.S. redomiciliation.  However, we intend to redomicile to the United States even if there is no corporate tax reform.”

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