Showing posts with label People. Show all posts
Showing posts with label People. Show all posts

Monday, January 14, 2019

Zoox appoints former Intel exec as CEO -- Aicha Evans

Zoox, a start-up developing autonomous vehicle systems, named Aicha Evans as its new CEO and a member of its Board of Directors.

Evans most recently served as Intel's Chief Strategy Officer, where she oversaw Intel’s transformation from a PC-centric to a data-centric company. Previously, Evans was General Manager of the Communication and Devices Group, where she led a team of over 7,000 people across multiple continents and was responsible for driving wireless engineering for multi-comm products and Intel platforms.

“Our team has made incredible progress since we started in 2014,” said Jesse Levinson, Zoox co-founder, CTO, and President. “We believe now more than ever that the full realization of autonomous mobility is a radical departure from last century’s car architecture, and that requires a completely reimagined vehicle and AI solution. I’m excited to partner with Aicha as we forge our own path and show the world what the next generation of mobility looks like.”

Teradata appoints CEO

Teradata appointed Oliver Ratzesberger as its new President and Chief Executive Officer, succeeding Victor L. Lund, who is transitioning from his role as President and CEO to Executive Chairman of the Board of Directors.

Ratzesberger has served as Teradata’s Chief Operating Officer (COO) since February 2018, responsible for the company’s global operations and leading its strategies for go-to-market, products and services. He joined Teradata in 2013 and, from 2016 to 2018, served as the Company’s Executive Vice President and Chief Product Officer, leading Teradata’s research and development organization, following a distinguished career in advancing innovation in technology at both established and start-up companies.

Thursday, January 3, 2019

U.S. Senate confirms Geoffrey Starks and Brendan Carr for FCC

The U.S. Senate confirmed Geoffrey Starks as an FCC Commissioner and Commissioner Brendan Carr for a full term.

FCC Chairman Ajit Pai issued the following statement:

“I congratulate Geoffrey on his Senate confirmation.  He brings a wealth of experience and expertise, including having served most recently as Assistant Chief in the Enforcement Bureau.  During his confirmation hearing, I was excited to hear him highlight the need to expand rural broadband and the power of telemedicine.  I look forward to working with him and having a fellow Kansan on the Commission.

“I also congratulate Brendan on his confirmation to a full term.  Brendan has done tremendous work on a number of issues, including his leadership on wireless infrastructure modernization.  He has also been a staunch advocate for rural broadband deployment, particularly for precision agriculture and advancements in telemedicine.”

Trump nominates Geoffrey Starks as FCC Commissioner

President Trump nominated Geoffrey Adam Starks, of Kansas, to be a Member of the Federal Communications Commission for a term of five years from July 1, 2017. If approved by the Senate, he would replace Democrat Mignon L. Clyburn, whose term expired.

Starks currently serves as assistant bureau chief for the FCC's Enforcement division. Previously, he served at the Department of Justice as a senior counsel to Deputy Attorney General Jim Cole. He has a JD from Yale Law School.

Monday, December 31, 2018

RIP: Larry Roberts, Pioneer of Packet Switching, 1937-2018

Dr. Lawrence Roberts, who pioneered the use of packet switching in the ARPANET and the X.25 protocol, passed away on December 26 at his home in Redwood City, California, of a heart attack. He was 81.

Roberts received his bachelor's, master's and Ph.D. from the Massachusetts Institute of Technology (MIT), and later worked at the MIT Lincoln Laboratory. In 1967, he became program manager for the ARPANET. Roberts is credited with applying concepts of decentralized control, Interface Message Processors, and packet switching, developed by Wesley Clark, Donald Davies, Paul Baran, Leonard Kleinrock and others, in building the first wide area packet-switching network.

In later years, Roberts led a number of business ventures including Telenet (packet switching, sold to GTE), DHL Corporation (global delivery and logistics), NetExpress (Asynchronous Transfer Mode equipment), ATM Systems, Caspian Networks (switch routers), Anagran (IP flow management), and Netmax.

Obituaries:

Computer History Museum: http://www.computerhistory.org/atchm/2017-chm-fellow-lawrence-g-roberts/

The New York Times: https://www.nytimes.com/2018/12/30/obituaries/lawrence-g-roberts-dies-at-81.html

BBC:  https://www.bbc.com/news/technology-46721427

Sandra D. Motley to head Nokia's Fixed Networks Business

Sandra D. Motley as President of Nokia's Fixed Networks Business Group effective January 1, 2019. She replaces Federico Guillén, who as previously announced has been named President of Customer Operations, EMEA & APAC. Motley will report to Nokia President and CEO Rajeev Suri.

Motley started her career at AT&T Bell Laboratories, held a range of R&D and sales leadership positions at Alcatel-Lucent in both fixed and wireless businesses, and then joined Nokia in 2016.  At Alcatel-Lucent, her roles included leading sales for U.S. wireless accounts and serving as Chief Operating Officer (COO) for that company's wireless business, where she was responsible for R&D, Quality and Operational functions. After becoming part of Nokia, Motley oversaw end-to-end solutions for the North America market, and most recently, she has held the role of COO for the Fixed Networks business group.

Nokia forms Access Networks business

Nokia is forming an Access Networks Division that will consist of its current Mobile Networks and Fixed Networks Business Groups.

The company said it is making this move to fully exploit opportunities of 5G.

"Nokia has a unique advantage in the 5G era with its end-to-end portfolio," said Nokia President and Chief Executive Officer, Rajeev Suri. "By creating a single Access Networks organization that includes both fixed and mobile, we can improve our customer focus, simplify our management structure, and more efficiently leverage our full portfolio."

Also, Nokia appointed Tommi Uitto as President of Mobile Networks, replacing Marc Rouanne, who is leaving the company. Uitto is a 23-year Nokia veteran and an expert in radio technologies. His most recent role has been leading Mobile Networks Product Sales since the acquisition of Alcatel-Lucent.

Nokia plans to announce a President of Fixed Networks in due course.

Nokia's Group Leadership Team now consists of the following members: Rajeev Suri, Basil Alwan, Hans-Juergen Bill, Kathrin Buvac, Ashish Chowdary, Joerg Erlemeier, Barry French, Sanjay Goel, Bhaskar Gorti, Federico Guillén, Kristian Pullola, Sri Reddy, Maria Varsellona and Marcus Weldon. As announced earlier, Chowdary will step down and Ricky Corker will join as of January 1, 2019. The President of Access Networks will be appointed in due course and will also join the Nokia Group Leadership Team.

Tuesday, December 18, 2018

Dr. Richard Uhlig to serve as Managing Director of Intel Labs

Dr. Richard Uhlig has been named as the new managing director of Intel Labs. Prior to this role, Rich was the director of Systems and Software Research in Intel Labs, where he led research efforts in virtualization, cloud-computing systems, software-defined networking, big-data analytics, machine learning and artificial intelligence. He joined Intel in 1996 and led the definition of multiple generations of virtualization architecture for Intel processors and platforms, known collectively as Intel Virtualization Technology (Intel® VT). Rich earned his Ph.D. in computer science and engineering from the University of Michigan.

“The work we are doing at Intel Labs is pushing the boundaries of technology every day whether that’s our research in quantum and neuromorphic computing or how we’re extending and evolving Moore’s Law. We have some of the brightest minds working together across industry and academia to solve some of the biggest challenges in technology. I am very excited to lead Intel Labs in this data-centric era,” stated Uhlig.

Sunday, December 16, 2018

Telefónica announces organizational changes

Telefónica announced the following organizational changes that will take effect on January 1.

Eduardo Navarro, current Chairman and CEO of Telefónica Brasil, has been appointed Telefonica´s Global Director for Comms, Brand, Public Affairs & Sustainability. This new unit is responsible for Communication, Institutional Marketing, Global Brand Policy, Sponsorship, as well as the Global Strategy for Public Affairs and Corporate Ethics and Sustainability, integrating and managing all the company's intangible assets. Eduardo Navarro will continue to be linked to the company in Brazil as Chairman of its Board of Directors and will continue to support Vivo in institutional and regulatory matters.

Christian Gebara, current COO of Vivo, assumes the position of CEO of Telefónica Brasil, ensuring the continuity of Vivo's growth and digital transformation as Brazil's leading operator.

Telefónica's current Director of Corporate Communications and Institutional Marketing José Luis Gómez-Navarro will report directly to the Chairman & CEO with full dedication and will focus on addressing the new global challenges faced by the company and the telecommunications sector. Over the past two years, José Luis has driven the transformation of a key area for the company.

In addition, the Board of Trustees of Fundación Telefónica plans to appoint Carmen Morenés as general manager of this foundation.

Wednesday, December 5, 2018

Huawei's CFO is arrested in Canada, U.S. seeks extradition

Meng Wanzhou, the chief financial officer and deputy chairwoman of Huawei, was arrested in Vancouver, Canada on December 1st at the request of the U.S. government, which is seeking her extradition, according to multiple news sources. U.S. authorities reportedly are investigating violations of economic sanctions on Iran.

Meng Wanzhou (Sabrina Weng) is the daughter of Huawei founder Ren Zhengfei.


  • A biography on Huawei's website says Meng Wanzhou joined the company in 1993 and has previously held the positions of Director of the International Accounting Dept, CFO of Huawei Hong Kong, and President of the Accounting Mgmt Dept. She is credited with the founding of five shared service centers around the world, the completion of Huawei's Global Payment Center in Shenzhen, leading an eight-year partnership with IBM focused on Integrated Financial Services.



Sunday, November 18, 2018

Thomas Kurian to replace Diane Greene at Google Cloud

Thomas Kurian will succeed Diane Greene as head of Google Cloud beginning in January.

Kurian currently serves as President of Product Development at Oracle. He has an MBA from Stanford and a BS in Electrical Engineering from Princeton.

Greene has led the division since December 2015. In a Google blog post, Greene says she will now dedicate time to mentoring women entrepreneurs and focusing on education.

Monday, November 12, 2018

Orange's Stéphane Richard elected Chair of GSMA

The GSMA elected Stéphane Richard to serve as Chairman of its Board for the two-year period from January 2019 through December 2020. As GSMA Chair, Richard will oversee the strategic direction of the organisation, which represents more than 750 of the world’s mobile operators, as well as over 350 companies in the broader mobile ecosystem. Richard is Chairman and Chief Executive Officer of Orange Group. He replaces Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises and current GSMA Chair, who will step down from the Board at the end of 2018.

The GSMA Board has also elected  Chua Sock Koong, Group Chief Executive Officer of Singtel Group, as Deputy Chair.

“I am honoured to be elected to serve as Chair of the GSMA and look forward to working closely with the rest of the Board, the GSMA leadership team and our entire membership to address the critical issues facing our industry and our customers,” said Stéphane Richard, Chairman and Chief Executive Officer of Orange. “Mobile operators and our wider industry have a key role to play in promoting a safer and more inclusive digital world, while building the infrastructure and services that will carry us forward as we enter this new era of intelligent connectivity.”

GSMA Board Members for the 2019-2020 Term

  • Juan Carlos Archila, Executive Vice President of International Relationships, América Móvil
  • Susan Johnson, Executive Vice President, Global Connections and Supply Chain, AT&T
  • Jamaludin bin Ibrahim, Managing Director/President and Group Chief Executive Officer, Axiata Group Berhad
  • Gopal Vittal, Chief Executive Officer, Bharti Airtel
  • Dr. Li Zhengmao, Executive Vice President, China Mobile
  • Liu Guiqing, Executive Vice President, China Telecom
  • Dr. Shao Guanglu, Executive Vice President, China Unicom
  • Srini Gopalan, Member of the Board of Management, Deutsche Telekom
  • Hatem Dowidar, Chief Executive Officer, International, Etisalat Group
  • Mats Granryd, Director General, GSMA
  • Christian Salbaing, Deputy Chairman, Europe, Hutchison
  • Rob Shuter, Group President and Chief Executive Officer, MTN Group
  • Alexey Kornya, President and Chief Executive Officer, MTS
  • Kazuhiro Yoshizawa, President and Chief Executive Officer, NTT DOCOMO
  • Stéphane Richard, Chairman and Chief Executive Officer, Orange Group
  • Mathew Oommen, President and Member of the Board of Directors, Reliance Jio
  • Chua Sock Koong, Group Chief Executive Officer, Singtel Group
  • Jung Ho Park, President and Chief Executive Officer, SK Telecom
  • Marcelo Claure, Chief Operating Officer, SoftBank Group
  • Eng. Nasser S Al Nasser, Chief Executive Officer, STC Group
  • Julio Linares López, Member of the Board of Telefónica Companies, Telefónica
  • Sigve Brekke, President and Chief Executive Officer, Telenor Group
  • Andrew Penn, Chief Executive Officer, Telstra
  • Kaan Terzioğlu, Chief Executive Officer, Turkcell
  • Rima Qureshi, Executive Vice President and Chief Strategy Officer, Verizon
  • Vivek Badrinath, Chief Executive for the Africa, Middle East and Asia-Pacific Region, Vodafone Group

Wednesday, September 12, 2018

Equinix appoints Charles Meyers as next CEO

Equinix has appointed Charles Meyers to the position of President and Chief Executive Officer, effective immediately, replacing Peter Van Camp, who has served as interim CEO since January 2018.  Van Camp will resume his role as Executive Chairman of the Equinix Board of Directors. Meyers will also join Equinix's Board of Directors.

Meyers joined Equinix in 2010 as President, Americas, the company's largest operating region. In 2013, he was appointed Chief Operating Officer at Equinix. For the past year, he has served as President of Strategy, Services and Innovation (SSI), where he oversaw product organization and led the technology, strategy and business development teams driving the company's next phase of growth and focusing on the future needs of customers and partners.

Tuesday, September 4, 2018

Lattice Semiconductor adds former Xilinx exec to its team

Lattice Semiconductor announced the appointment of Steve Douglass as Corporate Vice President, R&D.

Douglass previously served as the Corporate Vice President, Customer Technology Deployment at Xilinx.

Jim Anderson, President and Chief Executive Officer, said, “We are excited to have Steve Douglass join Lattice. His proven ability to lead global FPGA development teams and drive customer-focused innovation in targeted applications make him the perfect fit. His technical skills, market knowledge and leadership capabilities will help further strengthen Lattice as we drive sustained growth and profitability by accelerating the worldwide adoption of our ground-breaking hardware and software solutions.”

Lattice Semiconductor appoints AMD exec as its new CEO

Lattice Semiconductor appointed Jim Anderson as its new President and Chief Executive Officer, and to the company’s Board of Directors. He most recently served as at Advanced Micro Devices (AMD) as the General Manager and Senior Vice President of the Computing and Graphics Business Group.

Jeff Richardson, Chairman of the Board, said, “On behalf of the Board, we are pleased to announce the appointment of Jim Anderson as Lattice’s new President and Chief Executive Officer. Jim brings a strong combination of business and technical leadership with a deep understanding of our target end markets and customers. The transformation he drove of AMD’s Computing and Graphics business over the past few years is just a recent example of his long track record of creating significant shareholder value.

President Trump blocks sale of Lattice Semi citing National Security

President Trump signed an order blocking the sale of Lattice Semiconductor to Canyon Bridge Capital Partners on national security grounds. The issue was referred to the President by the Committee on Foreign Investment in the United States (CFIUS) due to concerns regarding China Venture Capital Fund Corporation Limited and its interest in Canyon Bridge Capital Partners.

Tuesday, August 28, 2018

Lattice Semiconductor appoints AMD exec as its new CEO

Lattice Semiconductor appointed Jim Anderson as its new President and Chief Executive Officer, and to the company’s Board of Directors. He most recently served as at Advanced Micro Devices (AMD) as the General Manager and Senior Vice President of the Computing and Graphics Business Group.

Jeff Richardson, Chairman of the Board, said, “On behalf of the Board, we are pleased to announce the appointment of Jim Anderson as Lattice’s new President and Chief Executive Officer. Jim brings a strong combination of business and technical leadership with a deep understanding of our target end markets and customers. The transformation he drove of AMD’s Computing and Graphics business over the past few years is just a recent example of his long track record of creating significant shareholder value.

President Trump blocks sale of Lattice Semi citing National Security

President Trump signed an order blocking the sale of Lattice Semiconductor to Canyon Bridge Capital Partners on national security grounds. The issue was referred to the President by the Committee on Foreign Investment in the United States (CFIUS) due to concerns regarding China Venture Capital Fund Corporation Limited and its interest in Canyon Bridge Capital Partners.

Darin G. Billerbeck, CEO of Lattice Semiconductor, issued the following statement:

“The transaction with Canyon Bridge was in the best interests of our shareholders, our customers, our employees and the United States. We also believe our CFIUS mitigation proposal was the single most comprehensive mitigation proposal ever proposed for a foreign transaction in the semiconductor industry and would have maximized United States national security protection while still enabling Lattice to accept Canyon Bridge’s investment and double American jobs. While it is disappointing that we were not able to prevail, the Board and I would like to thank Canyon Bridge for their support during this time.”

https://www.whitehouse.gov/the-press-office/2017/09/13/order-regarding-proposed-acquisition-lattice-semiconductor-corporation

Private Equity Firm Acquires Lattice Semi for $1.3 Billion - FPGAs

Canyon Bridge Capital Partners agreed to acquire all outstanding shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) for approximately $1.3 billion inclusive of Lattice’s net debt, or $8.30 per share in cash. This represents a 30% premium to Lattice’s last trade price on November 2, 2016, the last trading day prior to announcement.

Lattice supplies low power FPGA, video ASSP, 60 GHz millimeter wave, and IP products to the consumer, communications, industrial, computing, and automotive markets worldwide. The company is based in Portland, Oregon.

Monday, August 27, 2018

OVH appoints Michel Paulin as CEO

OVH Group, the largest European hosting provider, appointed Michel Paulin as its new CEO, replacing founder Octave Klaba, who will continue to serve as chairman.

Paulin previously served as CEO of Neuf Cegetel, for which he led the IPO, Méditel (now Orange Maroc) and SFR.

OVH said Paulin's nomination comes as the company embarks on a new “Smart Cloud” strategic plan, which aims to consolidate OVH’s role as an alternative leader in Cloud.

Octave Klaba commented: “With the benefit of his experience and his leadership, Michel Paulin will help us to accelerate the implementation of our new strategic plan - with him as CEO and myself as Chairman of the Board. I am convinced that his personal qualities, combined with the strong corporate culture of our teams, will ensure the group’s development.”

Wednesday, August 1, 2018

Nutanix's president steps down, joins new start-up

Sudheesh Nair has stepped down as President of Nutanix, where he has served since February 2011.

Nair has taken a new role as CEO of ThoughSpot, a start-up based in Palo Alto, California that is focusing on search and AI-driven analytics. Ajeet Singh, who is co-founder and executive chairman at ThoughtSpot, was also a co-founder of Nutanix.

Tuesday, July 31, 2018

Telstra appoints new leadership team

Telstra announced the following new topline organisational structure and leadership team led by current CEO Andrew Penn:

  • Michael Ebeid joins Telstra to run the Enterprise team servicing Australian and international business and government customers. 
  • Vicki Brady will continue to lead Consumer & Small Business designing digitally-led propositions.
  • Nikos Katinakis joins Telstra in mid-October to lead Networks & IT focused on extending the company’s network superiority and enabling digital experiences.
  • Brendon Riley will become the CEO of Telstra InfraCo, which will leverage the InfraCo assets and drive growth in the wholesale market.
  • David Burns, currently with the Enterprise team, will lead Global Business Services (GBS).
  • Robyn Denholm will move to the role of Chief Financial Officer & Head of Strategy. 
  • Alex Badenoch, Transformation & People will lead the T22 strategy transformation execution as well as drive the way the company works and operates, strengthening employee engagement. 
  • Carmel Mulhern, Legal & Corporate Affairs will continue in her role engaging external stakeholders, including relationships with government and community.

“Last month I announced the T22 strategy to the market and today I am making furtherannouncements on Telstra’s structure and leadership to ensure we deliver rapidly and effectively on all of the commitments we made to our customers, the market and our team. At the heart of these changes is the simplification of our products and services built on newtechnology. By mid-next year we will have fully rolled out our market leading products and services. To help deliver these changes, we are announcing a new end-to-end products and technology division of Telstra. It means we will significantly increase our technical capabilities around product development and management," stated Andrew Penn.

Telstra to spin-off fixed infrastructure, focus on 5G

Almost exactly 8 years after signing a historic agreement with nbn Co Limited (NBN Co), the consortium established to design, build and operate Australia's wholesale-only national broadband network (nbn), Telstra has just announced plans to spin-off its remaining fixed network infrastructure, including long-haul fibre, data centres, and subsea cables, into a separate company.

The nbn Co agreement reached in 2010 ensured that Telstra provides access to its facilities, which has remained a steady source of income over the years. Nevertheless, Telstra is embarking on a major reorganization and radical transformation of its customer plans and pricing. The company says it is looking ahead to a "post-nbn rollout" world in which very fast access speeds are ubiquitous across the country and multiple competitors run over the same fixed infrastructure.

The strategy, named Telstra2022, has four key pillars:
  • Radically simplify product offerings, eliminate customer pain points and create all digital experiences
  • Establish a standalone infrastructure business to drive performance and set up optionality post the nbn rollout
  • Greatly simplify the corporate structure and ways of working to empower our people and serve our customers
  • Cost reduction programme and portfolio management

Andrew Penn, who has now been CEO of Telstra for three years, says "The rate and pace of change in our industry is increasingly driven by technological innovation and competition. In this environment, traditional companies that do not respond are most at risk. We have worked hard preparing Telstra for this market dynamic while ensuring we did not act precipitously. However, we are now at a tipping point where we must act more boldly if we are to continue to be the nation’s leading telecommunications company.”

The corporate restructuring will result in a net reduction of 8,000 employees and contractors, and the elimination of 2-4 layers of management.

The infrastructure spin-off, tentatively called Telstra InfraCo, will begin as a wholly-owned subsidiary on 1 July, although over time, Telstra may seek a strategic investor or separate listing. Its assets will include Telstra’s fixed network infrastructure including data centres, non-mobiles related domestic fibre, copper, HFC, international subsea cables, exchanges, poles, ducts and pipes. Its services will be sold to Telstra, wholesale customers and nbn co.

Telstra InfraCo will also comprise Telstra’s nbn co commercial works activities and Telstra Wholesale, with a total workforce of approximately 3,000. It is expected this new Business Unit will control assets with a book value of about $11 billion and have annual revenues and EBITDA of about $5.5 billion and $3 billion respectively.

The new business unit will not include the mobile network assets including spectrum, radio access equipment, towers and some elements of backhaul fibre, which will remain integrated with Telstra’s core customer segment.  Telstra itself will seek to be a premium brand with its future tied to mobile connectivity and the upcoming 5G launch.


Monday, July 30, 2018

Cloudify appoints Ariel Dan as CEO

Cloudify, which specializes in IT operations automation technology, named Ariel Dan as its new CEO, replacing Zeev Bikowsky, who has been serving as Chief Executive Officer for nearly a decade.

Prior to Cloudify, Ariel led two companies to M&A, and has extensive experience in building sustainable cloud & SaaS operations.

While leading Cloudify, Bikowki was also the driving force behind establishing GigaSpaces.

Cloudify is based in Herzliya, Israel and funded by Intel Capital, Claridge Israel, BRM Group, FTV Capital, and Formula Vision, as well as additional private investors.

Wednesday, July 11, 2018

Gigamon appoints Buckley as COO and Arkley as CFO

Gigamon announced the appointment of Dave Arkley as its Chief Financial Officer (CFO) and Shane Buckley as its new President and Chief Operating Officer (COO).

Arkley most recently served as CFO of International Decision Systems, and previously was with Vertafore, Edifecs, Parallels and Itron.

Buckley is joining from Xirrus where he was CEO prior to their 2017 acquisition by Riverbed. Before joining Xirrus, Buckley served as a general manager and senior vice president at NETGEAR and held various executive leadership positions at Rohati Systems, Nevis Networks, Juniper Networks, Peribit and 3Com,

"Dave and Shane bring a wealth of knowledge to our exceptional leadership team and their proven business acumen in high growth, global markets will be a tremendous asset as we navigate the rapidly evolving cybersecurity space," said Paul Hooper, CEO of Gigamon. "We look forward to leveraging their business, financial and strategy skills as we continue to execute our next phase of growth plans."

Gigamon's $1.6B privatization deal has been completed

Gigamon confirmed the completion of its acquisition by Elliott Management, a leading multi-strategy private investment firm, and the Qatar Investment Authority.

The acquisition, valued at approximately $1.6 billion, was approved by Gigamon shareholders on December 22, 2017. As a result of the completion of the transaction, shareholders will receive $38.50 per share in cash and Gigamon common stock will no longer be listed for trading on the NYSE.

"This is a pivotal day for Gigamon employees, customers and partners around the world. With the acquisition complete, our team will continue to execute strategic initiatives that will both empower our customers with new, rich functionality and drive Gigamon to the next level of growth," said Paul Hooper, Chief Executive Officer of Gigamon. "As a private company, we will continue to build upon our leading technology foundation and transform the market we created and lead. With our Security Delivery Platform, we are in a unique position to enable NetOps and SecOps teams to work together addressing the common goal of securing their enterprise while containing costs and minimizing complexity. Working closely with Evergreen, we are entering a new and exciting era."

Elliott Management to privatize Gigamon in $1.6 billion deal

Elliott Management, a private investment firm known for shareholder activism, will acquire Gigamon for $38.50 per share in cash, for a total value of approximately $1.6 billion, making Gigamon a privately-held company. Elliott Management and its affiliates currently hold a 7.0% equity voting stake in Gigamon.

Gigamon's recent revenue trends
         2017                        2016
Q3    $79.2 million          $83.5 million
Q2    $69.1 million          $75.1 million
Q1    $69.6 million          $66.9 million

Sunday, July 8, 2018

ZTE names XU Ziyang as new president

ZTE confirmed the appointment of Mr. Xu Ziyang as the President of the company, and the appointments of Mr. Wang Xiyu, Mr. Gu Junying, and Ms. Li Ying as Executive Vice President of the company. Ms. Li Ying will also serve concurrently as Chief Financial Officer.

Mr. Xu Ziyang (徐子陽), born in 1972, graduated from the University of Electronic Science and Technology of China with a bachelor’s degree in engineering. He joined ZTE in 1998 and served as a programmer, section chief of GSM product line development department of Nanjing Research and Development Center, head of PS development department, deputy general manager of core network, and product general manager of core network.  From 2011 to 2013, Mr. Xu acted as general manager of MKT fourth branch of the company in charge of European and United States systems products. From 2014 to 2016, Mr. Xu acted as general manager of ZTE Services Deutschland Gmbh. Since 2016, Mr. Xu has been acting concurrently as assistant to the President of the Company and product general manager of the CCN core network product line products of wireless operation department of the company.

ZTE emphasized that Mr. Xu has not been subject to any penalties by China Securities Regulatory Commission or any other disciplinary sanctions by any other stock exchange. Nor has Mr. Xu been the subject of any judicial investigations.

Tuesday, July 3, 2018

Diane Bryant departs Google Cloud

Diane Bryant has stepped down as Chief Operating Officer for Google Cloud, where she reported to Diane Greene. Bryant joined Google Cloud in December 2017.

Byant was formerly Group President at Intel and known for her leadership Intel’s Data Center Group (DCG) as general manager and executive vice president.  Intel's DCG generated $17 billion in revenue in 2016.

See also