Thursday, April 29, 2021

TAT-14 subsea cable to be removed following decommissioning

TAT-14, which is a consortium transatlantic cable system that entered service in 2001, is being decommissioned and removed. 

Commercial service on the TAT-14 system ended in December 2020.

Subsea Environmental Services and Red Penguin Associates (advisors) have been awarded the contract to decommission TAT-14. This includes removal and recycling of shore-ends in the US, UK, France, Denmark and The Netherlands as well as the deep-water segments in the North Atlantic.

After a year of planning, the operations phase of the project got underway last week with the recovery of shore-ends in Denmark and The Netherlands.  Completion of all in-shore works is anticipated by year-end 2021.  

John Theodoracopulos, (Subsea MD) commented:  ‘the scope of this project presents an exciting opportunity for all stakeholders to participate in the notable benefits associated with the decommissioning of TAT-14. Red Penguin have been an excellent partner and we look forward to continuing to work closely together.

http://subsea.cc/

  • TAT-14 used four pairs of fibres—two pairs as active and two as backup. Each fibre in each pair carried 16 wavelengths in one direction, and each wavelength carried up to an STM-256. The entire system extended 15,428 km (9,587 mi). 
  • Since commencing marine operations in 2014, Subsea Environmental Services has completed 16 decommissioning projects in the Atlantic, Pacific and Mediterranean, recovering over 22,000 kilometers of OOS cable (36,000 metric tons) from the ocean floor.


Molex ramps up its copper and optical interconnect portfolio

Molex is scaling global deployments of its high-speed copper and optical interconnects and modules, including with a new  112G Active Electrical Cable (AEC) and ramping the manufacturing ot its 100G and 400G transceiver line. 

Copper

Molex has added the new 112G Active Electrical Cables (AEC) to its line of copper interconnect solutions that extend link reach at higher data rates. AEC increases reach up to five meters without requiring optical cables while also supporting smaller conductors for improved cable management. AEC can also support gearbox capabilities as well as smart cable functionality for adding an extra measure of system-level redundancy. This latest addition to the Molex copper interconnect family joins Active Copper Cable (ACC), which works just like passive cable to extend the reach of external cabling and supports low-power linear amplifier-based semiconductors for improved power management and thermal needs. Rounding out the copper lineup is Molex’s BiPass technology, which delivers best-in-class signal integrity with multiple near-ASIC connector solutions, including TGA and the NearStack family of connectors.

Optical

Molex also is driving industry-wide efforts to increase adoption of 100G and 400G optical links and module technologies. The company supports a full IEEE- and MSA-compliant portfolio and product roadmap to meet both intra-data center interconnect, and data center interconnect requirements. The expanding optical transceiver family includes 100G-DR, 100G-FR, 100G-LR, 400G-DR4 (500m and 2km), 400G-FR4, 400G-LR4, 400G-ZR and 400G-ZR+ as well as 800G roadmap products.

Molex said its pluggable optical transceiver models all benefit from the company’s vertical-integration expertise in silicon photonics, photonic integration, module assembly and packaging. 

“There is no such thing as ‘one size fits all’ interconnect technologies to support different applications across today’s enterprise and hyperscale data centers,” said Aldo Lopez, president, Datacom Solutions, Molex. “We offer our customers and ecosystem partners the broadest portfolio of future-proof interconnect solutions, which ease transitions to new architectures and simplify engineering development while reducing costs and time to market.”

https://www.molex.com/



University of Surrey: silicon could be a photonics game-changer

Silicon is an outstanding candidate for developing new types of devices for controling multiple light beams, according to new research from the University of Surrey, suggesting new possibilities for the production of lasers and displays.

The researchers found that silicon possesses the strongest nonlinearity for manipulating laser beams – for example, changing their colour. 

Ben Murdin, co-author of the study and Professor of Physics at the University of Surrey, said: "Our finding was lucky because we weren't looking for it. We were trying to understand how a very small number of phosphorus atoms in a silicon crystal could be used for making a quantum computer and how to use light beams to control quantum information stored in the phosphorus atoms.

"We were astonished to find that the phosphorus atoms were re-emitting light beams that were almost as bright as the very intense laser we were shining on them. We shelved the data for a couple of years while we thought about proving where the beams were coming from. It's a great example of the way science proceeds by accident, and also how pan-European teams can still work together very effectively."

The research is published in the journal Light: Science and Applications

https://www.nature.com/articles/s41377-021-00509-6

https://www.surrey.ac.uk/news/study-suggests-silicon-could-be-photonics-game-changer

Nokia's financial performance improves in Q1 2021

Nokia reported Q1 2021 sales of EUR 5.076 billion, up 3% over the same period last year, and up by 9% at constant currency. Gross margin rose to 37.9% from 35.3% a year earlier. There was an operating profit of EUR 431 million, compared with a loss of EUR 76 million a year ago.

Pekka Lundmark, president and CEO of Nokia, comments: "We have delivered a robust start to the year with strong net sales, operating margin and cash flow. Today’s results demonstrate that we are on track to deliver on our three-phased plan to achieve sustainable, profitable growth and technology leadership as announced at our recent Capital Markets Day.

"I was particularly pleased by strong sales growth across our Network Infrastructure business group driven by increasing demand for next generation connectivity; good progress in Mobile Networks in securing full portfolio competitiveness; continued double-digit sales growth with our Enterprise customers; double-digit sales growth in North America; and good net sales development for Nokia Technologies.

"At this point, we are maintaining our Outlook for the full year, as we want to see how 2021 continues to develop. The solid first quarter provides a good foundation for achieving the higher end of the 7 to 10% comparable operating margin range. We expect our typical quarterly earnings seasonality to be less pronounced in 2021, and we continue to monitor overall market developments including visibility for semiconductor availability. I am proud of how we have continued to successfully deliver to our customers during the global semiconductor shortage."




https://www.nokia.com/about-us/news/releases/2021/04/29/nokia-corporation-financial-report-for-q1-2021/


American Tower sales rise 8.3% year-over-year

American Tower reported total Q1 2021 revenue of $2,159 million, up 8.3% compared to the same period last year. Net income amounted to $652 million, up 56% compared to last year.

Tom Bartlett, American Tower’s Chief Executive Officer, stated, “We began 2021 by entering into the Telxius Towers transaction, which we expect to be transformational for our European business. Our global teams followed that by delivering a strong quarter, highlighted by elevated demand for our sites, the construction of nearly 2,000 new towers and highly attractive growth in consolidated AFFO per Share."

"Looking forward, in the U.S., we expect that the gathering 5G momentum will enable us to leverage our extensive site portfolio and mutually beneficial relationships with key tenants to drive sustainable, predictable, recurring long-term growth in cash flows. Internationally, large multinational c'arriers are aggressively investing in their wireless networks to keep pace with rapidly growing mobile data usage as smartphone penetration accelerates and network technologies advance. 

Some additional highlights for Q1

  • total capital expenditures were approximately $335 million, of which $19 million was for non-discretionary capital improvements and corporate capital expenditures.
  • the company spent approximately $115 million to acquire 116 communications sites, including 48 sites in the U.S. and 68 sites in Latin America.



https://americantower.gcs-web.com/static-files/f1d87114-fa17-475e-b573-5721ccab944b

NeoPhotonics posts Q1 sales of $60.9M, cites growing demand for 400G

NeoPhotonics reported Q1 2021 revenue of $60.9 million, down 11% quarter-over-quarter and 37% year-over-year. The gross margin was 21.9%, down from 22.7% in the prior quarter. There was a Non-GAAP net loss per share was $0.15, compared to a Non-GAAP net loss of $0.14 per share in the prior quarter.

The company said sales of products for 400G and above applications grew 134% year-over-year. Also, during the quarter, NeoPhotonics announced the successful completion of 2,000 hours of high-temperature reliability testing for QSFP-DD 400ZR modules, plus successful demonstrations in fully populated Ethernet switch.

“NeoPhotonics again delivered strong results in the first quarter, as we transition our business to cloud-centric. We demonstrated transmission of 400G data rates over 800 km using our 400ZR+ coherent modules,” said Tim Jenks, NeoPhotonics CEO. “We are excited about the prospects these modules are demonstrating for the next generation of highest speed over distance interconnects,” concluded Mr. Jenks.


https://ir.neophotonics.com/static-files/6b7a7be8-5f6a-4483-89aa-3a6b9d1eb537

Wasabi scores $112M for cloud storage that's cheaper than AWS S3

Wasabi, a start-up based in Boston, announced $112 million in Series C funding for its cloud-based, object storage service.

Wasabi is offering a cloud storage service claimed to be 1/5th the cost of Amazon S3, with zero fees for egress or API requests.

Wasabi said its revenue and storage under management has also tripled in the last year with deployed storage recently passing one exabyte. The company has 22,000 customers worldwide, and Wasabi’s channel network more than doubled to over 5,000 partners worldwide. The company has data centers in the US, Europe and Japan.

The new funding was led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million.

“This new funding is a watershed event for Wasabi,” said Wasabi CEO & Co-Founder David Friend. “With revenues tripling for each of the last 3 years and over $100M of new investment led by one of the world’s largest and most prestigious financial institutions, our customers will know that their data is in the hands of a reliable, fast-growing company with the substantial resources to meet their growing needs. Storing the world’s data in the cloud is one of the biggest opportunities in the IT industry, and we are now well-positioned to secure a leadership role in the evolution of the cloud. We will continue to invest in our proprietary software, grow our channel, enhance our brand and expand storage capacity around the world.”

https://wasabi.com/press-releases/wasabi-secures-112m-series-c-financing-sets-sights-on-global-expansion-and-company-growth/

  • Wasabi was started by co-founders David Friend and Jeff Flowers, who previously collaborated on the founding of five other successful tech companies. Their previous venture is Carbonite, a consumer service that backs up hundreds of millions of new files every day using technology that Jeff and David’s team created.

Vectra AI raises $130 million for automated threat detection/response

Vectra AI, a start-up based in San Jose, California, announced $130 million in new funding for its work in automated cyber threat detection and response. The company's mission is "to see and stop threats before they become breaches."

“Over the past year, we have witnessed a continuous series of the most impactful and widespread cyberattacks in history. To protect their employees and digital assets, our customers require security solutions that are smarter than today’s adversaries and provide coverage for cloud, data centers and SaaS applications” said Hitesh Sheth, president and chief executive officer at Vectra. “As we look to the future, Blackstone’s global presence, operational resources, and in-house technology expertise will help us achieve our mission to become one of the dominant cybersecurity companies in the world.”

The new $130 funding round was led by funds managed by Blackstone Growth. This brings Vectra's total funding since inception to more than $350 million at a post-money $1.2 billion valuation.

Viral Patel, a Senior Managing Director at Blackstone, said: “Vectra has a proven ability to stop in-progress attacks in the cloud, on corporate networks, and in private data centers for some of the top organizations in the world. The company has experienced extraordinary success through its commitment to combining innovative AI technology, first-class customer service, and top talent, and Blackstone is excited to become part of the Vectra team.”

For 2020, the Vectra reported a compound annual growth rate (CAGR) exceeding 100 percent, while sales of its Cognito Detect product for Microsoft Office 365 have grown at a rate of over 700 percent. 

http://www.vectra.ai

  • Vectra AI is headed by Hitesh Sheth (president and CEO), who previously was chief operating officer at Aruba Networks. Hitesh joined Aruba from Juniper Networks, where he was EVP/GM for its switching business and before that, SVP for the Service Layer Technologies group, which included security. Prior to Juniper, Hitesh held a number of senior management positions at Cisco.

Altibox deploys 800G with Ciena’s Waveserver 5

Altibox, one of the largest regional operators in Norway and Denmark, is utilizing Ciena’s Waveserver 5 coherent optical solution, including its 6500 flexible grid colorless, directionless, contentionless open line system, to create a robust and flexible network for cloud providers, global webscale providers and large enterprises at speeds up to 800G.

Ciena’s coherent optical solution enables Altibox Carrier to support new high bandwidth routes that connect data centers in key digital hubs across Europe, including large cities such as Amsterdam, Brussels, London and Hamburg. With this move, Altibox Carrier is also strengthening its NO-UK submarine cable that spans 670km and connect routes between the Nordics, United Kingdom and US.


Altibox Carrier is deploying Ciena’s Waveserver 5 platform powered by WaveLogic 5 Extreme and 6500 flexible grid colorless, directionless, contentionless open line system, all managed by Ciena’s Manage, Control and Plan (MCP)  domain controller. The solution helps lay the foundation for a fully adaptive network with a programmable infrastructure that leverages coherent technology innovations and automation to provide higher levels of scale and resilience. Additionally, the openness of Ciena’s coherent optical solution offers network operators complete freedom in choice of technology and consumption models.

IBM to acquire Turbonomic for app performance assurance

IBM agreed to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. Financial terms were not disclosed. Media reports valued the deal at between $1.5 billion and $2.0 billion.

IBM said the acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources – such as containers, VMs, servers, storage, networks, and databases. The acquisition complements IBM's recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. 

Turbonomic's ARM software optimizes the performance, compliance, and cost of applications in real-time. Upon close of the acquisition, IBM plans to integrate Turbonomic's ARM software with the APM and real-time observability capabilities of Instana and the ITOps capabilities of IBM Cloud Pak for Watson AIOps to help customers assure application performance and minimize costs by driving optimization across development, test and production environments.

"IBM continues to reshape its future as a hybrid cloud and AI company," said Rob Thomas, Senior Vice President, IBM Cloud and Data Platform. "The Turbonomic acquisition is yet another example of our commitment to making the most impactful investments to advance this strategy and ensure customers find the most innovative ways to fuel their digital transformations."

http://www.ibm.com

Wednesday, April 28, 2021

NSF launches Resilient and Intelligent Next-Generation Systems program

The U.S. National Science Foundation unveiled a new Resilient and Intelligent Next-Generation Systems (RINGS) program to accelerate research in areas that will potentially have significant impact on emerging Next Generation (NextG) wireless and mobile communication, networking, sensing, and computing systems, along with global-scale services. The focus is on greatly improving the resiliency of such networked systems among other performance metrics

Central to NextG systems is resiliency to survive, gracefully adapt to, and rapidly recover from malicious attacks, component failures, and natural and human-induced disruptions. Therefore, the RINGS program will seek to advance the underlying technologies to guarantee worldwide availability, security and reliability of NextG systems.

The RINGS program will be a collaboration between the federal government and private industry, including:

Department of Defense Office of the Undersecretary of Defense for Research and Engineering

National Institute of Standards and Technology

  • Apple
  • Ericsson
  • Google
  • IBM
  • Intel
  • Microsoft
  • Nokia
  • Qualcomm Technologies
  • VMware.

https://www.nsf.gov/news/special_reports/announcements/042721.jsp

5G for 12GHz Coalition lobbies the FCC

A new "5G for 12GHz Coalition" has been established to promote the 500 MHz of available capacity in the12 GHz bandfor 5G.

The group, which is backed by more than 20 prominent public interest groups, trade associations and companies, is urging the Federal Communications Commission (FCC) to act swiftly and modernize decades-old rules to allow the critical capacity in the12 GHz spectrum band to be utilized for 5G. 

“America has a historic opportunity to immediately unleash the power of the 12 GHz band for 5G, and the members of this Coalition are linking arms to call for much-needed, swift action. This will ensure our nation’s position as a global leader, enhance broadband infrastructure and availability, expand consumer choice, and drive innovation,” said Chip Pickering, CEO of INCOMPAS, one of the Coalition’s founding members, and Co-Chair of the Coalition.

5G for 12 GHz includes the following group of diverse founding members:  INCOMPAS, Public Knowledge, DISH, Computer & Communications Industry Association (CCIA), RS Access, Open Technology Institute at New America (OTI), Federated Wireless, AtLink, Cambridge Broadband Network Groups (CBNG), Center for Educational Innovations, Center for Rural Strategies, Etheric Networks, GeoLinks, GoLong Wireless, Granite Telecommunications, mmWave Tech, Resound Networks, Rural Wireless Association (RWA), Telnet Worldwide, Tilson, White Cloud, Xiber and X-Lab.

https://5gfor12ghz.com/x

Huawei's Q1 revenue drops 16.5% year-on-year

Huawei reported Q1 2021 revenue of CNY152.2 billion (US$23.17 billio) in revenue, a 16.5% decrease year-on-year. 

The company said its network business maintained steady growth, while its consumer business revenue declined, in part as a result of selling the Honor smart device brand in November 2020. Huawei's net profit margin was up 3.8 percentage points year-on-year at 11.1% – the result of the company's ongoing efforts to improve quality of operations and management efficiency, as well as a patent royalty income of US$600 million.

"2021 will be another challenging year for us, but it's also the year that our future development strategy will begin to take shape," said Eric Xu, Huawei's Rotating Chairman. "We thank our customers and partners for their ongoing trust. No matter what challenges come our way, we will continue to maintain our business resilience. Not just to survive, but do so sustainably. As always, we will remain focused on the needs of our customers and keep delivering practical business value."

"As always, we remain committed to technological innovation and investing heavily in R&D as we work to address supply continuity challenges caused by restrictions in the market", stressed Xu. "We will continue making breakthroughs in basic science and pushing the frontiers of technology."

Equinix: 2021 to be most active build year so far

Equinix reported quarterly revenue of $1.596 billion, up 10% compared to the same quarter last year, or 7% on a normalized and constant currency basis, representing the company's 73rd consecutive quarter of revenue growth. Net income was $156 million, a 207% increase over the previous quarter, primarily due to strong operating performance and lower acquisition and debt redemption costs, or $1.74 per share, a 205% increase over the previous quarter.

Equinix said 2021 is set to be one of the most active build years ever, with 36 major projects underway across 28 markets and 19 countries.


Charles Meyers, President and CEO, Equinix: "We had a great start to the year, and as businesses continue to navigate towards a post-pandemic world, Equinix is uniquely well-positioned. Digital transformation continues to accelerate, and businesses across a broad range of verticals are recognizing that their infrastructure can be a key source of competitive advantage in an increasingly digital world. Q1 also marked a milestone for Equinix as we are now the market leader in retail colocation in all three regions of the world, taking the number-one spot in Asia-Pacific for the first time. Demand is strong with global IT spend expected to rebound above pre-pandemic levels as enterprises increase hybrid cloud spending, and service providers build out their delivery platforms to tap into this demand." 

Some highlights:

  • In Q1, Equinix delivered one of the strongest net bookings quarters in the company's history, with more than 4,300 deals across more than 3,200 customers, and the lowest churn in many years.
  • The $3 billion xScale program is expected to develop over 290 megawatts of power capacity for hyperscale customers across its first two off-balance sheet joint ventures. 
  • In Q1, Equinix announced the construction of the first building of its DB5x campus in Dublin, Ireland, which is 100% pre-leased to a major hyperscaler and is expected to be added to a current or future joint venture.
  • Interconnection revenues grew in Q1 16% year-over-year, or 13% on a normalized and constant currency basis, and Equinix added more than 6,700 net interconnections – more than its next 10 competitors combined – bringing the company's total interconnections to over 398,000.

https://investor.equinix.com/

UK completes spectrum auction for 700 MHz and 3.6-3.8 GHz

Ofcom completed the assignment stage for its recent auction of 700 MHz and 3.6-3.8 GHz bands in the UK.  Here are the results:

  • EE Limited – 723-733 MHz and 778-788 MHz;738-758 MHz; and 3680-3720 MHz.
  • Hutchison 3G UK Limited – 713-723 MHz and 768-778 MHz.
  • Telefónica UK Limited – 703-713 MHz and 758-768 MHz; and 3760-3800 MHz.
  • Vodafone Limited – 3720-3760 MHz.


Winners of spectrum in the 3.6-3.8 GHz band also had the opportunity to negotiate their spectrum positions among themselves. This stage was an important step towards helping companies bring their spectrum holdings in the wider 3.4-3.8 GHz band closer together by giving them the opportunity to discuss post-auction trades to consolidate spectrum won in the 3.6-3.8 GHz band and airwaves they already held in the 3.4-3.6 GHz band. Telefónica UK Limited and Vodafone Limited entered into an agreement during the negotiation period.

https://www.ofcom.org.uk/about-ofcom/latest/features-and-news/final-spectrum-auction-results

Global Unichip simulates complex switch with hundreds of 112G PAM4 lanes

Global Unichip Corporation (GUC) is using the Cadence Clarit 3D Solver in its simulation workflow to design a complex network switch with hundreds of 112G PAM4 long-reach (LR) lanes. 

Cadence said the efficiency of the Clarity 3D Solver required no partitioning of the design, thereby eliminating any concern of inaccurate results attributed to a fractured approach. On top of the “no partitioning needed” benefit, the GUC engineers achieved a five-fold speedup compared to legacy tools that relied upon partitioning. The Clarity 3D Solver’s combination of exceptional accuracy, speed and capacity enabled GUC to perform tradeoffs and what-if analysis before tapeout and to optimize the detailed ultra-scale, high-performance flip-chip BGA (HFCBGA) package design for peak performance at the lowest cost.

“Exciting new technology such as Clarity 3D Solver, Celsius Thermal Solver, and Sigrity X are foundational to Cadence cross-domain, multiphysics solutions addressing EM, thermal and SI/PI for today’s electronic systems. Customer response has been tremendous to the unprecedented performance, capacity, scalability and accuracy of the Clarity 3D Solver performing true 3D simulations of complete systems including interposer, package, and PCB,” said Ben Gu, vice president of multiphysics system analysis in the Custom IC & PCB Group at Cadence. “GUC is continuing its design engineering excellence through design of this next-generation data center switch, for which Cadence Allegro, Clarity and Sigrity technologies played a significant role in the design, analysis and signoff of hundreds of 112G LR lanes.”

http://www.cadence.com/go/clarityhyperscale

MaxLinear posts record sales of $209 million

 MaxLinear reported quarterly net revenue of $209.4 million, up 8% sequentially, and up 238% year-on-year. GAAP gross margin was 53.4%, compared to 42.7% in the prior quarter, and 49.6% in the year-ago quarter. Non-GAAP income from operations was 24% of revenue, compared to 19% in the prior quarter, and 13% in the year-ago quarter. Non-GAAP diluted earnings per share was $0.55, compared to diluted earnings per share of $0.39 in the prior quarter, and diluted earnings per share of $0.07 in the year-ago quarter.


 

“In the first quarter, we posted record revenue, up 8% sequentially, due to strong demand for infrastructure and broadband access products. Solid demand for our broadband access and connectivity products is being driven by a combination of end-market strength and company-specific drivers including silicon content increases and share gains. Our cash flow from operations was approximately $40.3 million with non-GAAP gross margin of 58.6% in the quarter. In Q1, we also started mass production shipments of our 5G 4x4 radio transceiver SoCs. Despite the anticipated challenging manufacturing supply-chain dynamics throughout the rest of the year, owing to the strong demand backdrop for our connectivity and broadband access business, combined with the expected revenue contributions from the continued ramp of our infrastructure products in the latter half of 2021, we feel increasingly confident in the Company’s outlook for the remainder of this year and heading into 2022,” commented Kishore Seendripu, Ph.D., Chairman and CEO.

EdgeConneX scales out footprint in 6 cities

EdgeConneX announced the expansion of its edge data center platform in several key North American markets. Initially, EdgeConneX will add nearly 20MWs of new capacity across its existing footprint in the Seattle, Portland, Phoenix, Miami, Detroit, and Chicago markets. The expansions will allow major service providers around the world to scale their local cloud, content, network, and other offerings in these markets, empowering them to meet the growing need for distributed data center capacity that is highly proximate to their end users.

“We have always focused on building data centers where, when and how our customers want capacity to support their business,” comments Phillip Marangella, Chief Marketing Officer at EdgeConneX. “Our strategy of listening to our customers to provide tailored solutions for them that span hyperlocal to hyperscale data centers is what makes us unique. These planned expansions, necessitated by the growing volume, variety and velocity of data our customers are driving, highlight the accelerating need for digital infrastructure and capacity to best support their customers.”

https://www.edgeconnex.com/

Disney+ streaming powered by AWS

The Walt Disney Company is leveraging AWS for the global rollout of Disney+, one of the largest online streaming video services in the world having surpassed 100 million subscribers only 16 months after launch in November 2019. AWS is the preferred cloud provider.

Disney+ is expanding its use of AWS’s services to include more than 50 technologies, such as machine learning, database, storage, content delivery, serverless, and analytics. For example, Disney+ uses Amazon Kinesis (a service that makes it easy to collect, process, and analyze real-time, streaming data) and Amazon DynamoDB (AWS’s key-value database that delivers single-digit millisecond performance at any scale with built-in encryption and data recovery) to ingest content, metadata, and billions of customer actions each day, which enables viewers to add content to their Watch Lists, and start watching a video and pick it up on a different device, or make recommendations for what to watch next. Disney+ also uses Amazon Timestream (AWS’s serverless, time-series database built for large scale ingestion, storage, and real-time querying of times-series data) to monitor the efficacy of their streaming platform to ensure that users continue to have access to the highest quality video content.


“Disney+ has completely reinvented what’s possible in content delivery by challenging convention and using cloud technology to build a streaming product from scratch that had never been launched and marketed before on such a global scale,” said Joe Inzerillo, executive vice president & CTO, direct-to-consumer, The Walt Disney Company. “AWS has been our preferred cloud provider for years, and its proven global infrastructure and expansive suite of services has contributed meaningfully to the incredible success of Disney+.”

Equinix expands on ramps to Microsoft Azure

Equinix is expanding private network access to Microsoft Azure in six new global markets, including Berlin, Bogotá, Canberra, Dubai, Rio de Janeiro and Seoul. 

The expanded Azure ExpressRoute service provides enterprises with direct, on-demand network access to a variety of Azure services, including Azure VMware Solution.

With this expansion, private cloud on-ramps to Azure ExpressRoute are now available in 32 Equinix metros.

Azure VMware Solution is available via Platform Equinix in 10 global Azure regions . The hybrid cloud solution can be accessed directly in Equinix IBX data centers located in Amsterdam, Chicago, Dublin, London, Silicon Valley, Singapore, Sydney, Tokyo, Toronto and Washington, D.C. via Equinix Fabric. 

Equinix Fabric is a software-defined interconnection service that allows any business to connect between its own distributed infrastructure and to any other company's infrastructure on Platform Equinix. When combined with Azure ExpressRoute, Equinix Fabric enables seamless, on-demand, direct access to cloud services such as Azure.


Maura Hameroff, Director of Product Marketing for Azure, Microsoft, states: "By providing ExpressRoute connectivity to Microsoft Azure in more than 30 markets around the world, Equinix enables customers to adopt Azure VMWare Solution for migration, disaster recovery and hybrid scenarios. As Microsoft continues to deploy Azure VMware Solution globally, we are pleased to have Equinix as one of our partners that can provide dedicated access to these services through their network of data centers and global interconnection platform."

SpaceX completes 25th Starlink launch

SpaceX successfully launched its next batch of 60 Starlink satellites aboard a Falcon 9 booster from Cape Canaveral, Florida. The booster successfully landed on the drone ship in the Atlantic.

It was the 25th Starlink launch mission and the 11th mission of 2021 all of which used reflown boosters. 

The Falcon 9 first stage rocket booster used for this launch previously supported launch of GPS III Space Vehicle 03, Turksat 5A, and four Starlink missions.

https://www.spacex.com/launches/


Factorial Energy emerges from stealth with solid-state battery for EVs

Factorial Energy, a start-up based in Woburn, Massachusetts, emerged from stealth to announce its plans for a 40 Amp-hour solid-state battery cell for electric vehicles (EVs) and other applications. 

The Factorial Electrolyte System Technology (FEST™) is a proprietary solid electrolyte material said to be safer than conventional lithium-ion technology, replacing the combustible liquid electrolyte with a safer, more stable solid-state electrolyte that suppresses lithium dendrite formation on lithium-metal anodes. Product specifics and timelines were not disclosed.

Factorial Energy is naming Joe Taylor as Executive Chairman. Taylor, the former Chairman and CEO of Panasonic Corporation of North America, played a key role in the development of the Tesla-Panasonic relationship, which resulted in Panasonic investing in the Tesla Gigafactory in Reno, Nevada. In addition, the former Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz, Dieter Zetsche, is also joining the company's advisory board.

https://factorialenergy.com/


Opsera raises $15 million for its DevOps orchestration

Opsera, a start-up based in San Francisco, announced $15 million in Series A funding for its orchestration platform for DevOps. 

Opsera said its self-service, no-code DevOps orchestration platform helps engineers to provision or integrate their CI/CD tools of choice from a common architectural framework. This enables them tobuild declarative pipelines for a variety of use cases including SDLC (software delivery lifecycle), IaC (infrastructure as code) and SaaS application releases e.g. Salesforce, Workday, etc. Opsera simplifies the set-up, use, and management of commercial and open-source tools across the DevOps ecosystem, and correlates and unifies data to provide contextualized diagnostics, metrics and actionable insights. 

The funding round was led by Felicis Ventures. Existing investors Clear Ventures, Trinity Ventures and Firebolt Ventures, and new investor HMG Ventures, also participated. The company has raised $19.3 million since it was founded in 2020. 

http://opsera.io


Tuesday, April 27, 2021

NTT and Fujitsu focus on silicon photonics manufacturing

 NTT Corporation (NTT) and Fujitsu Limited announced a strategic alliance focused on innovations for the “Realization of a Sustainable Digital Society,” including the Innovative Optical and Wireless Network (IOWN) initiative.

A key focus is on establishing photonics-electronics convergence manufacturing technology. Key points:

  • NTT Electronics Corporation (NEL), which develops hardware products utilizing NTT R&D’ s advanced device technologies, will acquire a 66.6% stake in Fujitsu Advanced Technologies Limited (FATEC), which possesses semiconductor mounting technology. The business will be renamed NTT Electronics Cross Technologies Corporation, and commence operations on June 1, 2021.
  • By the end of fiscal year 2022, the new company will start to provide compact, power-saving optical communication co-packages (2) that integrate digital coherent optical communications LSIs and COSA (Coherent Optical Sub Assembly) (3) based on silicon photonics technology. 
  • The new company plans introduce a new architecture for applying ultra-high-speed, compact, and low-cost photonics-electronics convergence devices on mobile communication products, as well as a wide range of other ICT products, starting with Fujitsu’s 5G base stations. 

NTT and Fujitsu also agreed to promote open optical transport and mobile communications. Specifically, the companies are promoting an open whitebox solutions running general-purpose software that can be supported in multiple vendor environments.

In the field of optical transport communications, Fujitsu and NTT will work together to plan new optical devices based on an open architecture, build system products developed by Fujitsu, and control supply chain management. The two partners aim to expand the business globally with a strategic entry into the data center interconnect market, where demand is expected to grow and the adoption of open architectures is accelerating.

In the mobile communications field, the two companies will study the development and promotion of open interface-based technologies, as well as the development of global businesses based on the results of these activities. The first step is to develop technologies that can be established globally with a variety of partners through avenues including the "5G Open RAN Ecosystem" launched by NTT DOCOMO. For example, the two companies will work on measures to improve performance, which remains a challenge for expanding the adoption of virtualized radio access network (vRAN) and develop control technologies to optimize radio access networks. NTT will use these technologies to further enhance mobile network infrastructure in preparation for full-scale 5G deployment. Technology developed through the collaboration will be used by telecommunications carriers on a global basis through the "5G Open RAN Ecosystem" initiative and other means.

NTT and Fujitsu will work to develop innovative computing technologies by combining the photonics-electronics convergence technology being researched and developed by NTT with technologies developed by Fujitsu for the supercomputer "Fugaku". By leveraging this technology, the partners will be able to securely link a wide variety of real-world data, efficiently and quickly realize services that create value for diverse stakeholders, while simultaneously contributing to a more sustainable future by maximizing energy efficiency.

Fujitsu has established an "IOWN/6G Platform Development Office" with the aim of developing technologies for the IOWN initiative and the 6G era. 

https://www.fujitsu.com/global/about/resources/news/press-releases/2021/0426-01.html

Innovative Optical and Wireless Network Global Forum builds membership

The Innovative Optical and Wireless Network Global Forum (IOWN GF) announced 20 new member companies and successfully held its first all member online meeting with over 300 participants from September 14-18, 2020.IOWN GF’s objective is to accelerate innovation and adoption of a new communication infrastructure to meet our future data and computing requirements through the development of new technologies, frameworks, specifications and reference design...

NTT charts a roadmap to the future IOWN All-Photonics Network

NTT outlined a technology roadmap for its Innovative Optical and Wireless Network (IOWN) vision, which was first announced in May 2019. IOWN has three technical elements: All Photonics Network, Digital Twin Computing, and Cognitive Foundation. The roadmap calls for four technical directions: (1) Full-Stack Communication Acceleration (Layer 4/Layer 3 Acceleration: CY2021, Technology for massive optical/wireless capacity: CY2023) In order to...


NTT launches 400 Gbps service

 NTT West and NTT East are now offering a 400 Gbps "High-speed Broadband Access Service" intended for data center connection and transmission / reception of big data sets, including video. 

The service provides high-speed, large-capacity bandwidth-guaranteed Ethernet communication by limiting communication between two "Point to Point" bases specified by the customer (limited to communication within the same prefecture). 


https://www.ntt-west.co.jp/news/2104/210412a.html

VMware Telco Cloud aims for O-RAN

VMware is extending its Telco Cloud Platform from the core to now virtualize radio access network (RAN) functions based on an open RAN architecture.

VMware Telco Cloud Platform RAN lets network operators deploy and  run virtualized network functions (VNFs) and containerized network functions (CNFs) with support for Intel FlexRAN software reference architecture.

The platform consists of:

  • VMware vSphere ESXi. Optimized for the deployment and management of virtualized and containerized RAN functions.
  • VMware Tanzu for Telco. Takes VMware’s standards-compliant distribution of Kubernetes for container orchestration and enhances it with telco features. This delivers the scalability, performance, and availability that CSPs need in service.
  • VMware Telco Cloud Automation. A cloud-first, vendor neutral way to orchestrate infrastructure, containers as a service (CaaS), and telco network functions and services. It also automates their management across any network and any cloud.

“5G is fueling rapid transition to virtualization and cloud-native technologies, and communications service providers are seeking network infrastructure solutions to help them quickly and efficiently get to market as well as capture the enormous opportunities in front of them,” said Dan Rodriguez, corporate vice president and general manager, Network Platforms Group, Intel. “Our collaboration with VMware in this area began more than a year ago and bringing it to fruition with the VMware Telco Cloud Platform RAN will help our mutual customers achieve greater agility as they evolve their RAN to deliver new 5G and edge services.”

“A modern, open, and disaggregated RAN offers CSPs the single best opportunity to rapidly monetize 5G services,” said Sanjay Uppal, senior vice president and general manager, Service Provider and Edge, VMware. “New 5G services rely on CSPs to be able to host apps at the edge, close to end customers. A virtualized and open RAN allows CSPs to deliver these new edge services to customers directly from RAN sites. With Telco Cloud Platform RAN, we accelerate the disaggregation of the proprietary RAN and enable CSPs to modernize their RAN so they can monetize the 5G services they deliver across their network.”

“Our entire 5G network will be cloud-native, and we will leverage the VMware Telco Cloud Platform to adopt an O-RAN architecture for all RAN sites,” said Marc Rouanne, executive vice president and chief network officer, DISH. “We are working with the best hardware and software providers and VMware is helping us achieve this vision. We believe this path will enable us to deliver amazing experiences and services to our customers faster and more efficiently.”

Additional partners cited by VMware include Altiostar, Mavenir, WWT, and Dell Technologies.

https://telco.vmware.com/content/dam/digitalmarketing/vmware/en/pdf/microsites/telco/vmware-o-ran-whitepaper.pdf

Microsoft Azure racks up 50% yoy growth

 Microsoft reported revenue of $41.7 billion for the quarter ended 31-March-2021, up 19% yoy. Net income was $15.5 billion GAAP and $14.8 billion non-GAAP, representing an increase of 44% and 38%, respectively. Diluted earnings per share was $2.03 GAAP and $1.95 non-GAAP, an increase of 45% and 39%,respectively.

“Over a year into the pandemic, digital adoption curves aren’t slowing down. They’re accelerating, and it’s just the beginning,” said Satya Nadella, chief executive officer of Microsoft. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.”

“The Microsoft Cloud, with its end-to-end solutions, continues to provide compelling value to our customers generating $17.7 billion in commercial cloud revenue, up 33% year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.

Revenue in Productivity and Business Processes was $13.6 billion and increased 15% (up 12% in constant currency), with the following business highlights:

  • Office Commercial products and cloud services revenue increased 14% (up 10% in constant currency) driven by Office 365 Commercial revenue growth of 22% (up 19% in constant currency)
  • Office Consumer products and cloud services revenue increased 5% (up 2% in constant currency) and Microsoft 365 Consumer subscribers increased to 50.2 million
  • LinkedIn revenue increased 25% (up 23% in constant currency)
  • Dynamics products and cloud services revenue increased 26% (up 22% in constant currency) driven by Dynamics 365 revenue growth of 45% (up 40% in constant currency)

Revenue in Intelligent Cloud was $15.1 billion and increased 23% (up 20% in constant currency), with the following business highlights:

  • Server products and cloud services revenue increased 26% (up 23% in constant currency) driven by Azure revenue growth of 50% (up 46% in constant currency)

Revenue in More Personal Computing was $13.0 billion and increased 19% (up 16% in constant currency), with the following business highlights:

  • Windows OEM revenue increased 10%
  • Windows Commercial products and cloud services revenue increased 10% (up 7% in constant currency)
  • Xbox content and services revenue increased 34% (up 32% in constant currency)
  • Search advertising revenue excluding traffic acquisition costs increased 17% (up 14% in constant currency)
  • Surface revenue increased 12% (up 7% in constant currency)

https://www.microsoft.com/en-us/Investor/earnings/FY-21-Q3/press-release-webcast

Google Cloud hits revenue of $4 billion with a $1 billion operating loss

Citing elevated consumer activity online and broad based growth in advertiser revenue, Alphabet reported total revenues of $55.3 billion in the first quarter, up 34% yoy. Net income amounted to $17.930 billion for the quarter. 

Google Cloud revenue amounted to $4.047 billion, up from $2.777 billion a year ago. There was a $1 billion loss for the quarter. The company said it remains focused on revenue growth for Google Cloud. 

Google Cloud includes Google’s infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. Google Cloud generates revenues primarily from fees received for Google Cloud Platform services and Google Workspace (formerly known as G Suite) collaboration tools.


Sundar Pichai, CEO of Google and Alphabet, said: “Over the last year, people have turned to Google Search and many online services to stay informed, connected and entertained. We’ve continued our focus on delivering trusted services to help people around the world. Our Cloud services are helping businesses, big and small, accelerate their digital transformations."

https://abc.xyz/investor/

Juniper posts Q1 revenue of $1.074 billion, up 8% YoY

 Juniper Networks reported Q1 2021 net revenues of $1,074.4 million, an increase of 8% year-over-year and a decrease of 12% sequentially.GAAP net loss was $31.1 million, a decrease of 252% year-over-year and 201% sequentially, resulting in diluted loss per share of $0.10. Non-GAAP net income was $98.5 million, an increase of 28% year-over-year, and a decrease of 46% sequentially, resulting in non-GAAP diluted earnings per share of $0.30.

“We reported strong March quarter results. Revenue exceeded our expectations and we experienced better than expected product orders across each of our customer verticals,” said Juniper’s CEO, Rami Rahim. “Momentum is strong entering the June quarter and we are confident regarding our growth prospects. We believe the success we are seeing is a result of the deliberate actions we have taken to strengthen our product portfolio and go-to-market organization, both of which are enabling us to capitalize on attractive end-market opportunities now and in the future.”


Regarding its outlook, Juniper said the worldwide shortage of semiconductors is causing ongoing supply constraints which have resulted in extended lead times. The company believes that extended lead times will likely persist for the next few quarters, but that, at this point in time, it believes it will have access to sufficient semiconductor supply to meet its full-year financial forecast.

At the mid-point of guidance, revenue is expected to be up 5% year-over-year. Juniper expects to see sequential growth across our Cloud and Enterprise verticals while Service Provider is expected to remain approximately flat.

Additional highlights from Juniper:

  • Automated WAN Solutions increased 22% YOY, with both MX and PTX product families posting YOY growth. 
  •  While Cloud-ready Data Center (CRDC) declined 10% YOY due to the timing of deals, orders grew more than 30% YOY due to broad-based strength across cloud, enterprise and service provider customers; Apstra exceeded expectations. 
  •  AI-Driven Enterprise increased 12% versus last year, as Mist and EX product families grew YOY. Security revenue increased 11% YOY and orders exceeded expectations in the period. Strength was especially notable in the high-end of the market, although Juniper saw growth across all customer verticals and product families. 
  •  Software and related services revenue grew 7% YOY. Software orders were particularly strong in the quarter, rising more than 70% on a YOY basis due to broad based strength across verticals and use cases. The services team delivered another solid quarter and continued to grow on a YOY basis due to strong renewals and service attach rates. 
  •  Juniper’s Mist AI saw new logos nearly double in Q1 andas orders experienced another quarter of triple digit growth, with a record number of deals greater than $1M. Juniper’s “Mistified” business of Wireless LAN, Wired Access, Marvis Virtual Network Assistant and Associated EX pull through approximately doubled YOY and saw record EX pull through in Q1.  In addition to strength with large Fortune 500 customers, Juniper is experiencing continued strength in the channel and improved momentum with smaller commercial accounts, highlighting the value of its AI-driven enterprise offerings to customers of all sizes and across all verticals.

A10 Networks reported Q1 2021 revenue of $54.8 million, up 2.0% year-over-year. GAAP gross margin was 77.2% and non-GAAP gross margin was 78.9%. GAAP net income was $2.7 million, or $0.03 per share, compared with a net loss of $(297,000), or $(0.00) per share in the first quarter of 2020. Non-GAAP net income was $9.4 million, or $0.12 per share compared with non-GAAP net income of $4.0 million, or $0.05 per share in the first quarter of 2020.


Deferred revenue was $113.2 million, up 11.8% year-over-year. Security solutions grew to 60% of revenue and increased 15.5% on TTM basis.

"We made significant progress in the first quarter against our stated goal of growing recurring revenue, and continued increasing security solutions revenue as a percent of total revenue,” said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. “Our best-in-class security solutions are increasingly well-received by the market, and demand for network security solutions is growing. Software now represents more than 10% of our total revenue in the first quarter, compared to 6% for the full-year of 2020 and just 4% in 2019. Our stated goal was to grow recurring revenue faster than our consolidated revenue, giving us greater predictability into our quarterly revenues and enhancing the financial leverage we have built into our business model. As expected, we saw a decline in our Japan revenue related to the timing of the Olympics, but our strong book-to-bill performance in the quarter of 1.2:1 supports our full-year growth outlook for Japan. We were able to offset this temporary weakness with strong, improving performance in the Americas.”

ADVA intros outdoor PTP grandmaster clock for 5G fronthaul

ADVA introduced an ultra-compact outdoor PTP grandmaster clock with multi-band GNSS receiver and integrated antenna for delivering nanosecond precision needed for 5G fronthaul and other emerging time-sensitive applications. . 

ADVA says its new OSA 5405-MB synchronization device ensures timing accuracy by eliminating the impact of ionospheric delay variation. The multi-band GNSS receiver and integrated antenna enable the OSA 5405-MB to meet PRTC-B accuracy requirements (+/-40nsec) even in challenging conditions.  By receiving GNSS signals in two frequency bands and using the differences between them to calculate and compensate for delay variation, the OSA 5405-MB eliminates inaccuracy and ensures ultra-precise synchronization whatever the space weather conditions. It can also work with up to four concurrent GNSS constellations (GPS, GALILEO, GLONASS and BEIDOU), increasing the number of observable satellites in urban canyons.

“Our multi-band, multi-constellation GNSS receiver provides an extremely cost-efficient way to achieve PRTC-B UTC-traceable network timing with the levels of accuracy needed for next-generation use cases. By adding this technology to our versatile, small-form-factor OSA 5405 Series, we’re offering a route to precision synchronization at the network access without significant investment,” said Gil Biran, general manager, Oscilloquartz, ADVA. “A ruggedized design and minimal visibility make our OSA 5405-MB easy to install in almost any outdoor location. With the power to compensate for ionospheric delay variations and provide resilience against jamming and spoofing, our compact edge solution really is the key to 5G synchronization.”

http://www.adva.com

http://www.oscilloquartz.com

UK's Network Rail invites private investment in railway fibre

Network Rail, which manages most of the railway network in Great Britain, is seeking up to £1bn in private sector investment to pay for upgrades in its trackside fibre optic cable network.

Network Rail operates over 16,000 kilometres of data cables next to the railway. The cable infrastructure delivers data essential to running the railway such as signalling for trains, trackside sensors, CCTV, and internet for trains, railway depots and offices. The upgraded fibre would offer excess capacity that could be leveraged by a third party to run its own telecoms services.

Andrew Haines, Network Rail chief executive, said: “Our telecoms infrastructure requires an upgrade if we are to meet the growing connectivity needs of passengers and the railway itself – particularly to make sure our fibre capacity can handle more data, at greater speed, more reliably.

“This proposal makes good business sense for all parties. We get a cutting-edge, future-proof telecoms infrastructure; the investor gets a great business opportunity; train passengers in Britain get an improved service for years to come; and the taxpayer saves a significant amount of money.”

https://www.networkrailmediacentre.co.uk/

Monday, April 26, 2021

Stanford develops device for fine tuning the frequencies of individual photons

Researchers at Stanford University have developed a new photonic architecture capable of fine-tuning the frequencies of each individual photon in a stream of light. Potential applications could include optical neural networks.

"The structure consists of a low-loss wire for light (the black line below) carrying a stream of photons that pass by like so many cars on a busy throughway. The photons then enter a series of rings (orange), like the off-ramps in a highway cloverleaf. Each ring has a modulator (EOM in green) that transforms the frequency of the passing photons – frequencies which our eyes see as color. There can be as many rings as necessary, and engineers can finely control the modulators to dial in the desired frequency transformation."


The research, which is led by Shanhui Fan, a professor of electrical engineering at Stanford, is published this month in Nature Communications.

https://news.stanford.edu/2021/04/23/fine-tuning-color-light/

Kaloom delivers UPF to Telenor’s multivendor 5G SA core

Telenor has assembled a multi-vendor, 5G core environment consisting of best of breed Network Functions from Oracle, Casa-Systems, Enea and Kaloom, all running on Red Hat's Openshift Kubernetes platform.

Kaloom, along with its partner MBUZZ Europe, confirmed that it has provided its 5G packet core User Plane Function (UPF) within Telenor’s larger ecosystem of integrated partner solutions in a unique cloud-native trial to gauge the readiness of cloud-native deployments.

Telenor recently demonstrated its Proof-of-Concept (PoC) trial with Kaloom’s UPF offering, as well as Telenor’s other partners’ web-scale, cloud-native technologies. With the eventual goal of commercializing a vendor neutral standalone 5G Core solution, the PoC demonstrated Telenor’s ability to on-board network functions provided by vendors such as Kaloom onto a microservices-based, containerized, vendor-neutral Platform-as-a-Service (PaaS) architecture that features scalability, user-friendliness, resource efficiency and openness.


Kaloom’s 5G packet core User Plane Function (UPF) integrates with Red Hat OpenShift and provides a multi-tenant, high performance (multi-Tbps throughput capacity), low latency, cloud-native solution with embedded support for more secure 5G network slicing complemented by full automation capabilities to enable faster time to services and 10X TCO savings. 5G network slicing enables the creation of virtual data centers whereby an edge data center can be partitioned into multiple independent virtual data centers, where each virtual data center is provided its own virtual fabric. Each vFabric can be assigned to a different operator/customer, thus enabling multiple operators to share a common distributed cloud architecture. Tenant separation is flexible as separation is done at the hardware (port) level with full isolation offering better security and better quality of experience.

“This trial proves that a multi-vendor 5G Core is indeed possible on a vendor neutral platform. It is important to mention that we were positively surprised by the readiness of the involved partners for cloud native,” says Patrick Waldemar, Vice President, Telenor Research.

“As the industry’s leading enterprise Kubernetes platform, Red Hat OpenShift is an ideal platform to run multi-vendor, interoperable functions as a single cloud platform. Our collaboration with Kaloom enables networking, including 5G-UPF services as a first-class citizen in a containerized world, thus reducing operational challenges and accelerating time to productivity,” said Darrell Jordan-Smith, senior vice president, Industries and Global Accounts, Red Hat.

https://www.kaloom.com/

Building a cloud-native, multivendor 5G SA mobile core

 Telenor is building a cloud-native, multivendor 5G Stand Alone (SA) core built on Red Hat OpenShift.

In this video, Hitendra Sonny Soni,  SVP Worldwide Sales & Marketing at Kaloom, talks about Telenor's proof-of-concept trial with Kaloom’s 5G packet core User Plane Function (UPF)  offering.





Video: It takes a Village to Build the Edge

The forces of cloud-native containerization are liberating today’s workloads, moving them closer to end-users. But delivering on the promise of the 5G edge will take a village, says Hitendra Sonny Soni, SVP Worldwide Sales, Kaloom. 

This 7-minute video shares key market drivers and requirements to build the edge. Kaloom, working in concert with Red Hat and Intel, offers a Unified Edge Solution.


https://youtu.be/kWMZFqlxwE4

Thoma Bravo to acquire Proofpoint for $12.3 billion

Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, agreed to acquire ProofPoint for $12.3 billion in cash.

Proofpoint (NASDAQ: PFPT), which is based in Sunnyvale, California, provides software as a service and products for inbound email security, outbound data loss prevention, social media, mobile devices, digital risk, email encryption, electronic discovery, and email archiving.

Under the deal, Proofpoint shareholders will receive $176.00 per share in cash, representing a premium of approximately 34 percent over Proofpoint’s closing share price on April 23, 2021, the last full trading day prior to the transaction announcement, and a premium of approximately 36 percent over Proofpoint’s three-month volume-weighted average closing share price through April 23, 2021. Upon completion of the transaction, Proofpoint will become a private company with the flexibility and resources to continue providing the most effective cybersecurity and compliance solutions to protect people and organizations around the world.

“Today’s announcement is a testament to the strength of Proofpoint’s people-centric approach to cybersecurity and compliance and underscores our important role preventing, defending and responding to today’s threats,” said Gary Steele, Chairman and CEO of Proofpoint. “We have made tremendous strides in expanding the sophistication and scale of our offerings, and in 2020 we generated more than $1 billion in annual revenue – making Proofpoint the first SaaS-based cybersecurity and compliance company to reach that milestone. We believe that as a private company, we can be even more agile with greater flexibility to continue investing in innovation, building on our leadership position and staying ahead of threat actors. Thoma Bravo is an experienced software investor, providing capital and strategic support to technology organizations, and our partnership will accelerate Proofpoint’s growth and scale at an even faster pace. ”

Thoma Bravo to privatize Barracuda Networks for $1.6B

Thoma Bravo, a leading private equity firm, will acquire all shares of Barracuda Networks (NYSE: CUDA) in an all-cash transaction valued at $1.6 billion. Barracuda shareholders will receive $27.55 in cash for each share of Barracuda common stock they hold. The price represents a premium of 22.5 percent to the company's 10-day average stock price prior to Nov. 27, 2017, of $22.49. Barracuda supplies appliance and cloud-enabled solutions for data...

Thoma Bravo to Acquire Majority Stake in DigiCert

Thoma Bravo, a leading private equity investment firm, agreed to acquire a majority interest in DigiCert from TA Associates, another private equity firm currently holding the majority share. Financial terms were not disclosed. DigiCert is a global SSL Certificate Authority (CA) and the leading provider of trusted certificate management solutions.  The company provides its digital certificates to over 115,000 customers in more than 180 countries,...

Riverbed Enters $3.6 Billion Privatization Deal with Thoma Bravo

Riverbed Technology (RVBD) announced a privatization deal with Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan. Riverbed stockholders will receive $21.00 per share in cash, or a total of approximately $3.6 billion. Riverbed CEO Jerry Kennelly will remain with the company as CEO. “We are extremely pleased with this transaction, which we believe will be a winning proposition for all...

Thoma Bravo buys Veracode from Broadcom for $950 million

Thoma Bravo, completed its previously announced acquisition of Veracode Software, a provider in next-generation application security testing (AST), from Broadcom in an all-cash transaction valued at $950 million. Veracode's SaaS platform and integrated solutions assist security teams and software developers with finding and fixing security-related defects throughout the software development lifecycle. Veracode's innovative approach allows it