Sunday, April 25, 2021

QTS moves to renewal energy in 4 more mega data centers

QTS Realty Trust announced that the following four additional data centers are now powered by renewable energy: QTS Hillsboro, QTS Fort Worth, QTS Eemshaven, Netherlands and QTS Richmond.

The four locations join QTS data centers in Irving, TX, Chicago, IL, Piscataway, NJ and Groningen, Netherlands currently powered by renewable energy.

QTS said approximately 36% of its portfolio-wide data center power requirements are now sourced from renewable energy and that it is committed to procuring 100% of power for all of its data center from renewable sources by 2025.

  • QTS Hillsboro – Purchases renewable energy certificates equal to at least the expected electricity needs of the facility from Three Peaks Power, LLC solar facility in Utah through Calpine Energy Solutions. With the purchase, QTS said it now offers a true zero water cooling solution powered by 100% renewable energy.
  • QTS Fort Worth – Purchases renewable energy from a provider in Texas equal to 100% of the projected power consumption of the data center.
  • QTS Eemshaven – Purchases environmental attributes from Dutch wind and Nordic hydro sources. The agreements cover over 20 gigawatt hours of energy and account for 100% of the expected electrical load of QTS Eemshaven.
  • QTS' Richmond --  signed a multi-year agreement to purchase renewable energy certificates equal to the majority of the expected electricity needs of the facility.  

"Today's announcement is another significant step towards our goal of procuring 100% of our power from renewable energy sources by 2025," said Travis Wright, Vice President Energy and Sustainability, QTS. "Renewable energy is a cornerstone of our ESG program that documents our commitment to minimizing our carbon footprint through advanced development and procurement initiatives.

http://www.qtsdatacenters.com



Dell'Oro hires Cliff Grossner to cover Edge Computing and IT Equipment Silicon

Dell'Oro Group has appointed Dr. Cliff Grossner to the role of Vice President, Edge Computing and IT Equipment Silicon including coprocessors for AI and ML. His current research agenda also includes AI driven data center automation suites and adoption of open infrastructure including OCP certified designs.

Dr. Grossner has more than 25 years of telecommunications experience encompassing scientific research, market analysis, strategy, and product management. Prior to joining Dell'Oro Group, Dr. Grossner held management roles in Omdia, and IHS Markit, focused on cloud services, data center IT and physical infrastructure.  He frequently is an expert judge for industry and technology innovation awards and an invited speaker, and often quoted in technical publications. Dr. Grossner earned his Ph.D. at McGill University, and his MSC in Computer Science at Concordia University, winning national scholarships to support his graduate work. He holds over 10 patents in computer networking, network embedded security and telecommunications applications.

"Dr. Grossner adds significant fire-power and experience in the world of IT equipment, components, and the intelligence software running over it. The team is excited with the perspectives and wisdom a man of his caliber brings. He has an excellent track record of identifying emerging markets and developing theories on where they are headed. I am very pleased Dr. Grossner has joined us," Tam Dell'Oro, Founder and CEO said.

 "I am excited to join Dell'Oro Group to research IT ecosystems, innovation has never been higher, driven by digitization and consumer demands. Equipment markets are shifting due to new technology, new business models, and disruptive early stage companies. I look forward to being first to identify and quantify new trends, provide insight on markets changes, help with product and go to market strategies following the Dell'Oro tradition of providing timely, accurate, and insightful information," commented Grossner.


http://www.delloro.com


Skyworks to acquire the Infrastructure & Automotive business of Silicon Labs

Skyworks Solutions will acquire the Infrastructure & Automotive business of Silicon Labs in an all-cash asset transaction valued at $2.75 billion. The acquisition encompasses the technology portfolios and related assets of Silicon Labs’ power/isolation, timing and broadcast product lines.

Skyworks said the acquisition will accelerate its expansion into the industry’s most important growth segments, including electric and hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure, optical data communication, data center, automotive, smart home and several other applications. Skyworks will be uniquely positioned to address a combined market opportunity approaching $20 billion annually.

Mark Thompson, senior vice president of Silicon Labs and general manager of the Infrastructure & Automotive business, will join Skyworks as part of the transaction, reporting directly to Liam K. Griffin, president and chief executive officer of Skyworks. In addition, approximately 350 employees, including the senior management team of the business, are expected to join Skyworks upon completion of the transaction.

“We are pleased to welcome the Infrastructure & Automotive team to Skyworks when this transaction is completed,” said Mr. Griffin. “This acquisition will broadly expand our capabilities across high-growth end markets including automotive, communications and industrial, creating new and highly compelling opportunities for Skyworks. By leveraging our global sales channels, operational scale and deep customer relationships, Skyworks is well positioned to drive above-market growth, while diversifying revenues, expanding margins and delivering strong returns in earnings and cash generation.”




Friday, April 23, 2021

Alphawave IP files for IPO

Alphawave IP, a start-up offering DSP-based silicon IP building blocks, has filed registration statements for a planned listing on the London Stock Exchange.

Recently, Alphawave announced the successful silicon bring up of its TSMC N6 1-112Gbps AlphaCORE100 IP, which is a multi-standard DSP PHY that supports 100G Ethernet, PCIe, CXL and Base Station standards.

In November 2020, Alphawave announced the successful silicon bring up of its TSMC N5 1-112Gbps AlphaCORE100 IP, which a multi-standard DSP PHY that supports the 100G Ethernet, PCIe, CXL and Base Station standards.

The company, which was founded in 2017, is based in Canada and the UK.

Thursday, April 22, 2021

Comcast tests Broadcom's 10G Full Duplex DOCSIS 4.0 chip

Comcast has conducted the first-ever lab test of a Full Duplex DOCSIS system-on-chip (SOC) device from Broadcom that is expected to become the world’s first production silicon to be developed using the DOCSIS 4.0 Full Duplex standard.

“We are always pushing the envelope to stay ahead of our customers’ growing needs,” said Charlie Herrin, President of Technology, Product, Xperience at Comcast Cable. “This milestone is particularly exciting, because this technology is an important step forward toward unlocking multigigabit upload and download speeds for hundreds of millions of people worldwide, not just a select few.”

Comcast technologists in Philadelphia and Denver conducted the test by installing the Broadcom SOC in a simulated network environment to track the performance of its Full Duplex DOCSIS features – including echo cancellation and overlapping spectrum – which combine to support substantial improvements in network throughput. In the test environment, the research team demonstrated the ability of the SOC to deliver upstream and downstream throughputs of greater than 4 gigabits per second (Gbps). Future optimization is expected to drive even greater capacity.

Elad Nafshi, Senior Vice President of Next Generation Access Networks at Comcast Cable, said that the performance of the Broadcom SOC in Comcast’s simulated network environment exceeded expectations, and sets the stage for expanded testing later this year.

“With this test we gain a powerful new tool to support our mission of delivering the best possible connected experiences to our customers,” Nafshi said.

The Full Duplex DOCSIS test is the latest milestone on Comcast’s path to 10G. Last October, Comcast technologists were able to deliver 1.25 Gig symmetrical speeds over a live, all-digital network by leveraging advances in Distributed Access Architecture, Remote PHY digital nodes, and a cloud-based virtualized cable modem termination system platform (vCMTS). Even as Comcast works to test and deploy Full Duplex DOCSIS to enable multigigabit upload and download speeds in the future, the company is leveraging the technologies from the October trial, along with DOCSIS 3.1 in the upstream, to increase speed and capacity in the near term.

https://corporate.comcast.com/press/releases/comcast-conducts-ull-duplex-chip-multi-gigabit-symmetrical-speeds

CableLabs releases DOCSIS 4.0 spec for 10G downlinks

CableLabs released the DOCSIS 4.0 specification, which incorporates both full-duplex and extended spectrum capabilities enabling a downstream speed of up to 10 Gbps (doubling the maximum download speed available with DOCSIS 3.1 technology) and an upstream speed of up to 6 Gbps - quadrupling what DOCSIS 3.1

Work on DOCSIS 4.0 has been underway since August 2016.

In a blog post, Doug Jones, Principal Architect, says the DOCSIS 4.0 specification reflects the four pillars of the 10G platform initiative: speed, lower latency, increased security, and higher reliability.

https://www.cablelabs.com/on-the-path-to-10g-cablelabs-publishes-docsis-4-0-specification

Bell Canada activates 400G wavelength service

 Bell Canada launched a commercial 400G wavelength service powered by Ciena's WaveLogic 5 Extreme technology.

The 400G service is now deployed across major spans of Bell's 17,000 km fiber infrastructure. Bell plans to expand the service across Canada in the coming months.

"Bell 400G wavelength service efficiently delivers the speed and capacity necessary to meet the fast-growing demand of bandwidth-intensive operators moving massive amounts of data and content to the cloud," said Ivan Mihaljevic, Senior Vice President, Wholesale at Bell Canada. "Bell's unparalleled network infrastructure and customer support, coupled with Ciena's market-leading optical wavelength technology, offers major operators here in Canada and internationally the opportunity to scale up easily, efficiently and sustainably with our highly energy efficient 400G capabilities."

"The global shift to 400G is happening and Bell Canada is leading the way by evolving its network to support the insatiable and often unpredictable network demand driven by the cloud, streaming video and more," said Bruce Hembree, Vice President and General Manager for the Americas at Ciena. "With WaveLogic 5 Extreme, Bell can offer new, high bandwidth 400G services to carrier and content provider customers between key points of presence across Canada and into the US."

https://www.bce.ca/news-and-media/releases/show/Bell-Canada-rolls-out-commercial-400G-wavelength-on-fibre-optic-backbone

EPFL develops ultralow-loss integrated photonic circuits

Researchers at the École polytechnique fédérale de Lausanne (EPFL) are developing ultralow-loss integrated photonic circuits based on silicon nitride (Si3N4), whose exceptionally low optical loss are orders of magnitude lower than that of silicon.

The work, which is led by Professor Tobias J. Kippenberg at EPFL’s School of Basic Sciences, has just been published in Nature Communications.

"Combining nanofabrication and material science, the technology is based on the photonic Damascene process developed at EPFL. Using this process, the team made integrated circuits of optical losses of only 1 dB/m, a record value for any nonlinear integrated photonic material. Such low loss significantly reduces the power budget for building chip-scale optical frequency combs (“microcombs”), used in applications like coherent optical transceivers, low-noise microwave synthesizers, LiDAR, neuromorphic computing, and even optical atomic clocks. The team used the new technology to develop meter-long waveguides on 5x5 mm2 chips and high-quality-factor microresonators. They also report high fabrication yield, which is essential for scaling up to industrial production."

“These chip devices have already been used for parametric optical amplifiers, narrow-linewidth lasers and chip-scale frequency combs”, says Dr Junqiu Liu who led the fabrication at EPFL’s Center of MicroNanoTechnology (CMi). “We are also looking forward to seeing our technology being used for emerging applications such as coherent LiDAR, photonic neural networks, and quantum computing.”

https://news.epfl.ch/news/new-tech-builds-ultralow-loss-integrated-photonic-/

Intel posts rise in EPS, dip in data center sales

 Intel reported Q1 revenue of $19.7 billion (GAAP), down 1 percent year over year (YoY), and non-GAAP revenue of $18.6 billion, flat YoY, which exceeded January guidance by $1.1 billion. First-quarter GAAP earnings-per-share (EPS) was $0.82; non-GAAP EPS was $1.39, which exceeded January guidance by $0.29.

“Intel delivered strong first-quarter results driven by exceptional demand for our leadership products and outstanding execution by our team. The response to our new IDM 2.0 strategy has been extraordinary, our product roadmap is gaining momentum, and we’re rapidly progressing our plans with re-invigorated focus on innovation and execution,” said Pat Gelsinger, Intel CEO. “This is a pivotal year for Intel. We are setting our strategic foundation and investing to accelerate our trajectory and capitalize on the explosive growth in semiconductors that power our increasingly digital world.”

First-quarter revenue exceeded January guidance by $1.1 billion led by continued, 

Intel said its results were driven by strong PC demand. PC unit volumes were up 38 percent YoY, and notebook volumes set a new Intel record. The company also saw initial recovery of Enterprise and Government sales in the Data Center Group (DCG). 

Intel also achieved better-than-expected revenue in Internet of Things Group (IOTG) and Mobileye, and Mobileye set a new revenue record in the quarter.



https://www.intc.com/financial-info

Infovista acquires Empirix, adding monitoring, assurance, analytics

Infovista has acquired Empirix, a Thoma Bravo portfolio company. Financial terms were not disclosed. As part of the operation, Thoma Bravo becomes a minority shareholder of Infovista, with Apax Partners remaining the major shareholder.

Empirix is a leader in network and service testing, performance monitoring, assurance and analytics. It serves Tier 1 CSPs and large Contact Centers of Fortune Global 500 companies. Empirix has invested heavily since 2017 to develop KLERITY, which is a cloud-native monitoring, assurance and analytics solution for 5G and IoT. Empirix is headquartered in Billerica, Massachusetts, and employs approximately 300 people worldwide.

Infovista said the acquisition extends its ability to serve CSPs globally and expands the capabilities of its cloud-native, open platform which manages the entire network lifecycle. This enables the digital transformation of CSPs and the acceleration of 5G deployments while delivering unprecedented efficiency and productivity levels in managing both 5G and legacy networks. It also enables CSPs to deploy new revenue generating services from digital services, IoT, network slicing and monetization of data and network assets.

“The union of Infovista and Empirix gives all our clients a unique opportunity to reap the benefits of 5G, IoT and private networks, and to move fast towards a software-based and cloud-native future. By bringing network lifecycle automation to a strategic level, we provide CSPs with new ways to improve their productivity, customer experience and time-to-market,” commented José Duarte, CEO of Infovista. “With this acquisition, we also increase our presence in North America and Europe to expand our global footprint and strengthen our ability to help clients accelerate their network and business transformation.”

“Telco CTOs today face a complex technology landscape with a large number of vendors. They are looking to support innovation and increase efficiency of operations through automation,” noted James Crawshaw, Principal Analyst at Omdia. “Empirix’s cloud-native assurance and analytics solutions should round out Infovista’s existing portfolio of solutions that span the network lifecycle. Better network visibility and increased automation are key to supporting the business goals of CSPs in the 5G era.”

“The industry is looking at 5G standalone and network slicing as the next major engines for business growth especially around IoT and private network opportunities. Empirix helps deliver the promise and full benefits of these exciting technologies with its cloud-native and automated customer experience assurance and analytics,” added John D’Anna, CEO of Empirix. “This is the perfect time for Empirix to join Infovista, expand the market for KLERITY and take it to the next level.”

 http://www.infovista.com

Spirent intros subscription-based Automated 5G Core Test Suite

Spirent Communications introduced a subscription-based, automated 5G core test platform designed to accelerate time to market for service providers and significantly reduce costs associated with 5G core validation.

The Spirent Landslide 5GC Automation Package provides access to a managed library of hundreds of prebuilt test cases covering compliance, capacity, and performance testing for nodal, adjacency and end-to-end assessment, including the largest nodal coverage in the industry. It is built around a number of award-winning products and solutions such as Spirent Landslide core emulation, Spirent Velocity test automation, and the company’s world-class professional services.


“This is a true automation pipeline approach for service providers that need to accelerate their 5G deployment while managing tight budgets and resources,” said Doug Roberts, general manager of Spirent’s Lifecycle Service Assurance business. “The value extends well beyond initial deployment, helping validate network changes and, as standards evolve, eliminating the need to resource for ongoing test development.”

“Customers will not only benefit from significant time and cost savings, they can also be confident that they are relying on Spirent’s extensive 5G expertise and proven test methodologies to minimize risk and ensure their 5G rollouts are a success,” added Roberts.

http://www.spirent.com/Landslide5GCAP

Druva raises $147 million for cloud data protection

Druva, a start-up based in Sunnyvale, California, announced $147 million new funding for its Cloud Data Protection and Management solutions.

The Druva Cloud Platform, which the company describes as the largest cloud-native SaaS platform operating at scale, enables organizations to centrally protect data, including cloud environments and leading SaaS applications such as Microsoft 365, Google Workspace and Salesforce.

The funding round was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman. The round, which raises the company’s valuation above $2 billion, also included participation from existing investors Viking Global Investors and Atreides Management. 

“Rising volumes of stored data, rapid adoption of cloud and deployment of SaaS applications, regulatory frameworks and cybersecurity concerns have accelerated the demand for data protection and management solutions for businesses,” said Alexandre Synnett, Executive Vice President and Chief Technology Officer, CDPQ. “The working-from-home dynamic experienced globally has further accentuated the need for cloud-based data protection solutions and we believe Druva is in an excellent position to seize opportunities and enhance its clients’ agility and data compliance.”

Druva Cloud Platform’s customer base has expanded substantially during 2020, while the adoption of multiple Druva Cloud Platform products has increased by 50 percent in the same time period. In the last year, the company’s data under management has grown by more than 40 percent as Druva supports industry leaders, disruptors, and pioneers including GameStop, Marriott, NASA, National Cancer Institute, Pfizer, Regeneron Pharmaceuticals, and Zoom.

“The unprecedented events of 2020 have ushered in a generational cloud transformation for businesses, and data‘s increasing value is at the very heart of it,” said Jaspreet Singh, founder and CEO, Druva. “Druva pioneered the cloud data protection category almost a decade ago and has led the way in defining the architecture, business model, and user experience our customers now expect. This investment and our continued, rapid growth is further validation of our vision for a simple, open, and unified data protection and management platform.”

http://www.druva.com

Expedera develops deep-learning accelerator (DLA) for AI silicon

Expedera, a start-up based in Santa Clara, California, emerged from stealth to unveil its Origin neural engine intellectual property (IP) for edge system silicon.

Expedera, which plans to license its deep-learning accelerator (DLA) technology to SoC designers, is targetting low-power edge devices like smartphones, tablets, computers, edge servers, and automotive. The company says its deep-learning accelerator (DLA) provides up to 18 TOPS/W at 7nm, which is up to ten times more than competitive offerings while minimizing memory requirements. Origin accelerates the performance of neural network models such as object detection, recognition, segmentation, super-resolution, and natural language processing. 

Expedera's co-founders include Da Chuang (CEO), who previously was cofounder and COO of Memoir Systems (an optimized memory IP startup acquired by Cisco); Siyad Ma (VP Engineering), who previously led Algorithmic TCAM ASIC and IP teams for Cisco Nexus7k, MDS, Cat4k/6k; and Sharad Chole (Chief Scientist), who previously was an architect at Cisco, Memoir Systems (Cisco), and Microsoft. 

https://www.expedera.com/

Wednesday, April 21, 2021

DISH builds its 5G core in AWS

DISH Network will construct its 5G Open Radio Access Network (O-RAN) network on AWS.

DISH, which is partnering exclusively with vendors offering cloud-native technology, plans to begin deploying the network in Las Vegas later this year.  All hardware and network management resources will be connected through AWS, including DISH’s fully automated Operation and Business Support Systems (OSS and BSS) for 5G services.

DISH said its groundbreaking, cloud-native strategy will help to simplify the process for developers to create new 5G applications.

  • To support real-time workloads at the network edge and quickly process inbound and outbound data from its O-RAN infrastructure, DISH will leverage AWS Local Zones and AWS Outposts. AWS Local Zones are an infrastructure deployment that places AWS compute, storage, database, and other select services close to large population, industry, and IT centers for applications requiring single-digit millisecond latency, while AWS Outposts extend AWS infrastructure, services, APIs, and tools to virtually any on-premises facility, such as the factory floor or a 5G base station. With this combination of AWS infrastructure, DISH can push its 5G Core to the edge and achieve consistently high performance across its service area, while also enabling developers to take full advantage of 5G speeds when building new applications and services.
  • In addition, DISH will use AWS capabilities such as compute, containers, IoT, machine learning, and security to process 5G data and run its 5G Core, BSS, and OSS at scale while optimizing costs. DISH will use AWS Graviton2-based instances to power its compute workloads (AWS’s custom-designed Graviton2 processors with 64-bit Arm Neoverse cores provide up to 40% better price-performance over comparable current-generation x86-based instances) and Amazon Elastic Kubernetes Service (Amazon EKS) to run containerized workloads, helping it deliver high availability during periods of peak network use. Running its 5G network over AWS will allow DISH to further reduce costs by bypassing the capital expenditure investments typically associated with building and operating network infrastructure hardware. DISH will also apply AWS machine learning capabilities at the network edge to help improve service by predicting network congestion at specific locations, as well as recognizing anomalies in network function, and then automatically taking corrective actions to optimize performance.

“Through this collaboration with AWS, we will operate not just as a communications services provider, but as a digital services provider harnessing the combined power of 5G connectivity and the cloud. Together, we will enable our customers to take full advantage of the potential of 5G. Our approach will revolutionize wireless connectivity by giving customers the ability to customize and scale their network experience on-demand,” said Charlie Ergen, DISH co-founder and chairman. “As a new carrier, leveraging AWS and its extensive network of partners enables us to differentiate ourselves by operating our 5G network with a high degree of automation, utilizing the talent of AWS-trained developers and helping our customers bring new 5G applications to market faster than ever before.”

“DISH’s cloud-native and truly virtualized 5G network is a clear example of how AWS customers can use our proven infrastructure and unparalleled portfolio of services to reinvent industries,” said Andy Jassy, CEO of Amazon Web Services, Inc. “This collaboration means DISH and its customers can bring new consumer- and enterprise-centric services to the market as quickly as they’re created to deliver on the promise of 5G. Together, we’re opening the door to new technologies that will transform factories, workplaces, entertainment, and transportation in ways people have only dreamed.”

https://aws.amazon.com

DISH picks Nokia for security automation and orchestration

DISH has selected Nokia’s NetGuard solution to assist with securing its Open RAN-based 5G network. This partnership will enable DISH to safeguard 5G network slices, which will be provisioned to support enterprise and wholesale customers.DISH is deploying NetGuard to support the security orchestration, automation and response capabilities needed to rapidly scale its network and intelligently assess and resolve cyber incidents with minimal manual intervention.DISH...

DISH picks Allot to protect its OpenRAN-based 5G network

DISH Network has selected Allot Ltd. to provide end-to-end User Plane Protection (UPP) against DDoS and botnet attacks for its forthcoming cloud-native, OpenRAN-based 5G network. In addition, DISH will partner with Allot to provide cybersecurity threat protection services for its consumer, MVNO and SMB customers. This protection will cover DISH’s 5G network and off-network activities against cyberattacks such as malware, viruses, ransomware...

DISH picks Palo Alto Networks to help secure 5G network

DISH Network has selected Palo Alto Networks to help secure its upcoming cloud-native, OpenRAN-based 5G wireless network.DISH will leverage Palo Alto Networks for container security, secure network slicing, real-time threat correlation and dynamic security enforcement. DISH will use Palo Alto Networks' industry-first, cloud-native security offering, including the VM-series and CN-series Next-Generation Firewalls, as well as Prisma Cloud. Financial...

DISH Network enters long term lease with American Tower

DISH Network entered into a master lease agreement for space on up to 20,000 American Tower communications sites across the United States as it deploys its new nationwide 5G network. Cash lease payments will commence in 2022 and grow over time as DISH’s network deployment progresses. In addition, DISH may lease shared generators from American Tower on select sites and will have the ability to utilize American Tower’s zoning, permitting and other...



DISH picks Amdocs’ for 5G billing

DISH Network has chosen Amdocs’ cloud-based billing system, Optima, to support enterprise and wholesale customers on its upcoming 5G network."Amdocs Optima is a cloud-based platform that has the flexibility to support our 5G needs and can scale to support enterprise and wholesale customers," said Atilla Tinic, Chief Information Officer, DISH. "This containerized component within our greater 5G billing architecture will offer us multi-cloud - public...


Mavenir lands a $500 million investment from Koch

Mavenir announced a $500 million minority equity investment from Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group. Affiliates of Siris Capital Group, LLC (“Siris”), a leading technology-focused private equity firm, will remain majority equity holders.

“We have built a next-generation software platform that has driven, and will continue to drive, the digital transformation of mission-critical networks. Together with KSP and our service provider customers, we expect to bring innovation and 5G to revolutionize industries such as energy, industrial automation, and health care,” said Pardeep Kohli, President and Chief Executive Officer of Mavenir. “Not only do we have the only end-to-end, cloud-native, 5G software platform in the world, but we also have strong and extensive relationships with CSPs and proven deployments of our technology around the globe. With 5G here, Mavenir is well-positioned to build the future of networks.”

“We are extremely proud of what Mavenir has achieved to date and excited about partnering with KSP to drive continued innovation,” said Hubert de Pesquidoux, Siris Executive Partner and Executive Chairman of Mavenir. “The combination of Mavenir’s 5G software platform and Koch Industries presence in relevant industry verticals will accelerate the Company’s participation in the massive digital transformation opportunity.”

David Park, President of KSP, said, “We’re taking material minority equity positions in innovative, disruptive companies with strong management teams that operate in industries with significant tailwinds. We want to partner with companies that can transform Koch Industries for the future. Mavenir checks all the boxes.”

https://mavenir.com/press-releases/mavenir-announces-500-million-private-placement-with-koch-strategic-platforms/

Open19 Foundation moves under Linux Foundation umbrella

The Linux Foundation will host the Open19 Foundation, an open hardware platform for data center and edge hardware innovation. It is also announcing that one of the original founders of the Open19 project, Yuval Bachar, is joining the Linux Foundation to lead this effort. Project leadership includes premiere members Equinix and Cisco.

Open19 focuses on hardware standards that enable compute, storage and network manufacturers and end users to develop differentiated hardware solutions while protecting their competitive intellectual property. With the addition of Open19, The Linux Foundation is hosting data center hardware and software under one virtual roof.

"As the open hardware project of The Linux Foundation, the Open19 Project is dedicated to creating solutions that help digital businesses take advantage of specialized infrastructure," said Zachary Smith, Open19 Foundation chairperson and Managing Director of Equinix Metal. "We are excited to join The Linux Foundation to solve the challenges facing modern data centers with collaborative, open, community-led innovation."

"Open19 is revolutionizing the way we approach hardware," said Yuval Bachar, Open19 Foundation Fellow. "The time to invest in open hardware has never been more pressing. With the transformation happening as a result of AI, 5G and edge networking, in particular, the opportunity for innovation is ripe, and Open19 will accelerate it."

Yuval Bachar founded the Open19 project and is returning to support the project and its community under the Linux Foundation. His career includes technical leadership roles at Microsoft, LinkedIn, Facebook and Cisco. Bachar has been on the forefront of some of the industry's most important technology developments, from data center networking to data center self healing with Machine Learning, AI and predictive maintenance. Most recently, he was Principal Hardware Architect of the Azure Platform at Microsoft. Previously, he was Principal Engineer in the global infrastructure and strategy team at LinkedIn, the leader and architect for Facebook's data center networking hardware and Senior Director of Engineering in the CTO office at Cisco.

http://www.open19.org

Verizon posts strong Q1 as revenue rises 4%

 Citing strength across its core business, Verizon Communications reported total consolidated operating revenues in first-quarter 2021 of $32.9 billion, up 4.0 percent from first-quarter 2020. EPS was $1.27, compared with $1.00 in first-quarter 2020. On an adjusted basis (non-GAAP), first-quarter 2021 EPS, excluding a special item, was $1.31, compared with adjusted EPS of $1.26 in first-quarter 2020. 

“Verizon is off to an excellent start in 2021 as we met the challenge of intense competition in the first quarter by achieving revenue growth across our three business segments," said Verizon Chairman and CEO Hans Vestberg. “This year began with a transformative milestone for our company with our success in the recent C-Band spectrum auction. We continue to strengthen our networks, execute on our Network-as-a-Service strategy and focus on the five vectors that underpin our growth framework and position us to deliver success in 2021 and beyond.” 

Consumer results

  • Total Verizon Consumer revenues were $22.8 billion, an increase of 4.7 percent year over year, primarily driven by higher phone activations. This included Consumer wireless equipment revenues of $4.2 billion, an increase of 24.1 percent from first-quarter 2020.
  • In first-quarter 2021, Consumer reported 326,000 wireless retail postpaid net losses. This consisted of 225,000 phone net losses and 171,000 tablet net losses, offset by 70,000 other connected device net additions.
  • Consumer wireless service revenues were $13.7 billion in first-quarter 2021, a 1.5 percent increase year over year, driven by the continued adoption of wireless unlimited and premium unlimited plans.
  • Total retail postpaid churn was 0.97 percent in first-quarter 2021, and retail postpaid phone churn was 0.77 percent. 
  • Consumer reported 98,000 Fios Internet net additions in first-quarter 2021, an increase from 59,000 Fios Internet net additions in first-quarter 2020. Total Fios Internet net additions in first-quarter 2021 were 102,000, the most first quarter total Fios Internet net additions since 2015. Consumer reported 82,000 Fios Video net losses in first-quarter 2021, reflecting the ongoing shift from traditional linear video to over-the-top offerings. The company's broadband subscriber growth, combined with an upward shift in speed tiers, more than offset pressure from secular video trends and is expected to continue to drive solid revenue performance.
  • In first-quarter 2021, Consumer segment operating income was $7.5 billion, an increase of 3.3 percent year over year, and segment operating income margin was 33.0 percent, a decrease from 33.5 percent in first-quarter 2020. Segment EBITDA (non-GAAP) totaled $10.4 billion in first-quarter 2021, an increase from $10.1 billion in first-quarter 2020. Segment EBITDA margin (non-GAAP) was 45.5 percent in first-quarter 2021, a decrease from 46.4 percent in first-quarter 2020 as a result of the higher equipment volumes. 

Business results

  • Total Verizon Business revenues were $7.8 billion, up 1.3 percent year over year, the highest rate of growth since the company's new operating structure was introduced in 2019. Strong wireless service growth offset secular pressure in wireline.
  • Business reported 156,000 wireless retail postpaid net additions in first-quarter 2021. This consisted of 47,000 phone net additions and 79,000 tablet net additions.
  • Business wireless service revenues were $3.1 billion in first-quarter 2021, a 6.2 percent increase year over year. 
  • Total retail postpaid churn was 1.24 percent in first-quarter 2021, and retail postpaid phone churn was 1.01 percent.  
  • In first-quarter 2021, Business segment operating income was $899 million, a decrease of 5.8 percent year over year, and segment operating income margin was 11.6 percent, a decrease from 12.4 percent in first-quarter 2020. Segment EBITDA (non-GAAP) totaled $1.9 billion in first-quarter 2021, a decrease from $2.0 billion in first-quarter 2020. Segment EBITDA margin (non-GAAP) was 24.6 percent, a decrease from 25.6 percent in first-quarter 2020.

Media results

  • Total Verizon Media revenues were $1.9 billion in first-quarter 2021, up approximately 10.4 percent year over year. 

Ericsson's Q1 networks sales increased 15% YoY

Ericsson reported Q1 net sales of SEK 49.8 billion up 10% YoY despite SEK -1.6 billion lower IPR licensing revenues.

  • Networks sales increased by 15% YoY, adjusted for comparable units and currency, driven by market share gains. Networks EBIT margin excluding restructuring charges was 19.9% (16.8%). 
  • Reported net income was SEK 3.2 (2.3) billion.
  • The company reported strong global growth in 5G. There was high activity levels in all market areas, except in the Middle East and Africa. Ericsson also noted good contract award momentum in Digital Services, primarily in its cloud native 5G Core portfolio.

Börje Ekholm, President and CEO of Ericsson, states:

"Our strategy, built on increased investments in R&D for technology and cost leadership, continued to bear fruit in the first quarter of 2021. We saw organic sales[1] growth of 10%, primarily driven by market share gains in Networks. Adjusting for declining IPR revenues, organic sales[1] growth was 14%. Gross margin[2] improved to 42.9% (40.4%) YoY and margin increases in all segments more than offset lower IPR licensing revenues. Our EBIT margin[2] increased to 10.7% despite significant investments in our business and headwind from currency. We are well positioned to take advantage of the continued market momentum with a competitive 5G product portfolio and cost structure."



https://www.ericsson.com/en/investors

ADVA posts strongest Q1 results in company’s history

Citing high order volume from network operators as well as private companies and governments, ADVA reported Q1 revenues of EUR 144.5 million, up by 2.8% from EUR 140.6 million in Q4 2020, also up by 8.9% compared to EUR 132.7 million in the same year-ago period.

Pro forma gross profit in Q1 2021 increased by 1.3%, reaching EUR 55.3 million (38.3% of revenues) compared to EUR 54.6 million (38.9% of revenues) in Q4 2020 and increased significantly by 30.9% compared to EUR 42.3 million reported in the year-ago quarter. Orders for network synchronization technology again developed positively in Q1. In addition, the customer mix contributed positively to the margin increase in the past quarter.

Pro forma operating income for Q1 2021 was EUR 12.9 million (8.9% of revenues) and decreased by 10.3% compared to EUR 14.3 million (10.2% of revenues) reported in Q4 2020. Compared to the year-ago quarter, pro forma operating income improved significantly by 869.6% from a loss of EUR 1.7 million (-1.3% of revenues). Hence the pro forma operating margin was at the top end of the guidance corridor of 7% to 9%. In addition to the higher gross profit, this substantial margin improvement is mainly due to improved operational expenditures. Operating income for Q1 2021 of EUR 11.6 million decreased by 11.6% from EUR 13.1 million reported for Q4 2020 and significantly increased by 386.6% from a loss of EUR 4.0 million in the same year-ago quarter.

Net income reached EUR 11.2 million in Q1 2021, down by 15.3% from EUR 13.2 million in Q4 2020, and significantly up by 255.2% from a loss of EUR 7.2 million in Q1 2020.


The company’s cash and cash equivalents totaled EUR 79.1 million, representing an increase of EUR 14.2 million compared to EUR 64.9 million at the end of Q4 2020. Year-over-year cash and cash equivalents substantially increased by EUR 26.3 million from EUR 52.7 million at the end of Q1 2020. The higher cash balance is mainly the result of the improved profitability and lower capital expenditures, particularly compared to the prior-year quarter. Consequently, net debt in Q1 2021 strongly decreased by EUR 14.9 million to EUR 10.6 million from EUR 25.5 million at the end of Q4 2020 and improved significantly by EUR 57.1 million compared to Q1 2020 (EUR 67.7 million).

“Today we report the best Q1 in our long history as a publicly listed company. We’ve never posted higher revenues in the first quarter of a financial year, and we’ve never achieved higher profitability, generated more cash, or recorded a better order intake,” commented Brian Protiva, CEO, ADVA. “The speed of digitization in many countries has increased noticeably and we are seeing very good demand from all of our customer groups. At the same time, we are making good progress with the transformation of our business. Focus on growth markets with a higher proportion of software and services as well as more verticalization will bring our pro forma EBIT to around 10% of revenues.”

“Our transformation strategy combined with strict cost control showed the expected effects and have opened the door to sustainably higher margin potential. Net income of EUR 11.2 million is already over 50% of the result generated in 2020. With that, we have made an excellent start to the new financial year,” said Uli Dopfer, CFO, ADVA. “We were able to further increase cash and reduce net debt to EUR 10.6 million. This further underlines our strong financial position.”

https://www.adva.com/en/newsroom/press-releases/20210422-adva-posts-strongest-q-1-results-in-companys-history

SiFive licenses its RISC-V core IP to Renesas

Renesas Electronics and SiFive agreed to jointly develop next-generation, high-end RISC-V solutions for automotive applications. The partnership will also include SiFive licensing the use of their RISC-V core IP portfolio to Renesas.

Renesas provides automotive solutions including ADAS, Autonomous Driving (AD), Electric Vehicles (EV), and Connected Gateway (CoGW) to customers all over the world.

The SiFive Intelligence platform, based on SiFive RISC-V Vector processors with AI ISA extensions, features a differentiated software toolchain to enable the development of scalable solutions for AI and ML applications. SiFive RISC-V processors are pre-integrated with advanced trace, debug, and security solutions compatible with industry tools to simplify heterogeneous integration and migration. 


“RISC-V is an important element in providing additional capabilities and options for new and existing customers,” said Takeshi Kataoka, Senior Vice President, General Manager of Automotive Solution Business Unit at Renesas. “We are very excited to work with SiFive as their lead partner to develop next-generation semiconductor solutions through the collaboration of our accumulated expertise in the automotive field, and SiFive’s high-end RISC-V technologies.”

“We are excited to collaborate with Renesas to develop next-generation automotive solutions powered by the SiFive Intelligence platform,” said Patrick Little, Chairman and CEO, SiFive. “Our roadmap of advanced, high-performance RISC-V processor cores and AI accelerators will deliver significant core performance increases with the capabilities needed to meet Automotive application requirements, along with enhanced AI capabilities to power scalable, workload-accelerated solutions.”

http://www.sifive.com

NETGEAR's Q1 revenue soars to $317.9 million, up 38.3% yoy

NETGEAR reported Q1 2021 net revenue of $317.9 million, an increase of 38.3% from the comparable prior year quarter. First quarter 2021 GAAP net income per diluted share of $0.72, as compared to net loss per diluted share of $0.14 in the comparable prior year quarter. First quarter 2021 non-GAAP net income per diluted share of $0.99, as compared to $0.21 in the comparable prior year quarter.

Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, “With both businesses performing well, Q1 marks a strong beginning to the year for us. The NETGEAR team again navigated the ongoing challenges in the supply chain to deliver strong revenue growth. Our revenue came in at $317.9 million for year over year growth of 38.3%, and we delivered record non-GAAP operating profit of $42.3 million, a non-GAAP operating margin of 13.3%. The higher than anticipated demand for SMB products propelled us over the high end of our topline guidance range. Non-GAAP operating margin significantly exceeded expectations, buoyed by a higher mix of SMB and higher margin e-commerce revenue as well as lower air freight expense.”

Mr. Lo continued, “Our outstanding first quarter was powered by strong demand across both of our businesses. Our SMB business benefited from the reopening of economies worldwide, notching strong sequential growth of 8.5% and year over year growth of 17.9%. Our CHP business again saw strong growth year on year, led by the premium segment, and we continue to hold a leading market share position in this fast growing, highly lucrative segment. This allowed us to gain share globally, and most notably we saw our US market share in consumer WiFi climb two points in the first quarter. All of this has translated into continued success in our efforts to grow our recurring subscription services business, as we added 44,000 subscribers, exiting the quarter with 481,000, and keeping us on track to reach our goal of 650,000 subscribers by the end of the year.”