Thursday, August 5, 2021

Qualcomm launches $4.6 billion bid for Veoneer

Qualcomm launched a bid to acquire Veoneer for $37 per share, in an all-cash transaction valued at approximately $4.6 billion

Qualcomm said the proposal reflects its commitment to bring advanced technologies to the automotive industry and represents a natural extension of Qualcomm's digital chassis solutions. The company continues to see traction in automotive, with a revenue-design win pipeline of approximately $10 billion.

"As the automotive industry continues to transform, it is becoming increasingly important for automakers to have a partner who develops horizontal platforms that drive innovation and enable competition. The proposed acquisition will bring together our industry-leading automotive solutions with Veoneer's assisted driving assets to deliver a competitive and open ADAS platform to automakers and Tier 1 suppliers at scale," said Cristiano Amon, president and CEO of Qualcomm Incorporated.

Qualcomm's offer exceeds the acquisition proposal announced by Magna on July 29th for $ 31.25  per share in cash, representing a total value of  $ 3.8 billion, and an enterprise value of $ 3.3 billion, inclusive of Veoneer’s cash, net of debt and other debt-like items as of March 31, 2021.

Veoneer said its board of directors will evaluate the proposal from Qualcomm consistent with its legal duties and the terms of the Magna merger agreement. On July 22, 2021, Veoneer announced that it entered into a definitive merger agreement, approved by Veoneer's board of directors, with Magna International Inc. The merger agreement remains in place.

https://www.veoneer.com/en/home


Taiwan Mobile aggregates 700MHz (n28) and 3500MHz (n78)


Taiwan Mobile (TWM) announced that it has achieved the world’s first New Radio Carrier Aggregation (NR CA) by combining spectrum in the 700MHz (n28) and 3500MHz (n78) bands. 

The trial, which took place in a 5G standalone (SA) network environment, was performed with Nokia’s AirScale 5G SA architecture in TWM’s commercial 5G network and combined two spectrum bands, frequency division duplex (FDD) in 700MHz (n28) and time division duplex (TDD) in 3500MHz (n78), which are widely adopted in 5G networks worldwide. FDD is a lower frequency band that provides wide coverage area improving cell edge performance; TDD has a higher bandwidth and capacity. The combination of these spectrum bands offers enhanced capacity and coverage supporting a range of 5G deployment scenarios, including indoor and enhanced outdoor coverage. MediaTek Inc. supported the trial by providing equipment to verify network performance.

Nokia is TWM’s sole 5G equipment supplier covering 5G RAN, 5G Core and 5G IMS including its latest AirScale Radio Access products. Nokia is a long-standing partner of TWM and is supporting the company in its efforts to execute its ‘Super 5G strategy’ which is focused on sustainability and digital transformation.

Tom Koh, Senior Vice President and Chief Technology Officer, Technology Group, Taiwan Mobile, commented: “This trial is an important milestone as we execute our 5G strategy and deliver best-in-class 5G services to our subscribers. Combining SA with NR CA, our 5G user experience is raised to the next level while the utilization of our spectrum assets and 5G networks are maximized. We are pleased with our partnership with Nokia as we continue to advance deployment and build a thriving 5G ecosystem.”

Cloudflare hits Q2 revenue of $152 million, up 53% yoy

Cloudflare reported Q2 revenue of $152.4 million, representing an increase of 53% year-over-year. Non-GAAP net loss was $7.3 million, compared to $9.6 million in the second quarter of 2020. GAAP net loss per share was $0.12, compared to $0.09 in the second quarter of 2020. Non-GAAP net loss per share was $0.02, compared to $0.03 in the second quarter of 2020.


“We had our strongest quarter ever as a public company, and our revenue growth continued to accelerate, growing 53% year-over-year. We also added a record number of large customers, signing the equivalent of more than two six-figure customers every single business day in Q2.” said Matthew Prince, co-founder & CEO of Cloudflare. “Whether we’re offering Zero Trust security solutions to the world’s most sophisticated organizations, or enabling the next billion dollar business with Cloudflare Workers, we remain focused on delivering secure, programmable network solutions that our customers rely on.”

Australia's TPG deploys Nokia’s Integrated Passive Active Antenna

TPG Telecom has deployed Nokia’s integrated 5G Interleaved Passive Active Antenna (IPAA) at a site in Brisbane, Australia.

Nokia's Twin Beam IPAA provides operators the ability to add 5G to an existing site without increasing the number or the size of the existing antennas on the site, but also doubles the range and greatly increases the capacity of all technologies deployed on existing mid band (e.g. 1800, 2100 and 2600 MHz) frequencies by up to 80%. The IPAA solution has been developed in collaboration with CommScope.


Barry Kezik, Executive General Manager of Mobile and Fixed Networks at TPG Telecom, said: “We’re excited to be the first operator in the world to benefit from another example of market leading technology from Nokia. The Twin Beam IPAA will not only help expand our 5G coverage, helping us achieve our goal of reaching 85% of the population in Australia’s top six cities by the end of the year, it will also boost the coverage and capacity of our existing networks, meaning all of our customers will benefit from its deployment.”

Dr Robert Joyce, Chief Technology Officer at Nokia Oceania, said: “Nokia is delighted to be bringing our market leading 5G technology to Australia to deliver yet another 5G world first with TPG Telecom. This new variant of the IPAA allows operators to increase coverage, capacity and capability to all of their customers – 3G, 4G or 5G - through a quick and simple upgrade of an existing site.”

Ekinops selected by Michigan school district for WDM network

Michigan's Grosse Pointe School System (GPSS) has selected the Ekinops360 optical transport system to build a new wavelength division multiplexing (WDM) network in its district.

The network serves a community of 14 public schools consisting of approximately 1,000 teachers and administrators and over 7,000 students.  Its existing managed lit services from its local service provider were costly to operate, required a long lead-time to upgrade and did not deliver the quality of service GPSS needed.  The new WDM network, based the Ekinops360, delivers up to ten times the connection bandwidth to each school compared to the fastest commercially available service.



GPSS selected the Ekinops360 after a competitive, open bid process that attracted multiple proposals from the global WDM system vendor community. Plante & Moran served as technology consulatant. 


Wednesday, August 4, 2021

Lumen to sell ILEC operations in 20 states for $7.5 billion

Lumen Technologies (formerly CenturyLink) agreed to sell its ILEC (incumbent local exchange carrier) business, including its consumer, small business, wholesale and mostly copper-served enterprise customers and assets, in 20 states to funds managed by affiliates of Apollo Global Management for $7.5 billion, including debt assumption of approximately $1.4 billion. 


Lumen will retain its ILEC assets in 16 states, as well as its national fiber routes and CLEC (competitive local exchange carrier) networks.

Assets in the 20 states being acquired include:

  • Local fiber and copper network
  • Broadband and voice for consumer, enterprise and wholesale customers
  • Fiber and copper connectivity to enabled buildings
  • Connectivity to tower sites
  • Central offices

"This transaction is an important step in our continued efforts to transform Lumen and drive future growth for our company," said Jeff Storey, Lumen president and CEO. "We are pleased with the attractive valuation we received for these assets, which highlights the overall value of Lumen's extensive asset portfolio. Apollo Funds will receive a great business with a strong customer base, dedicated employees, and a platform for future growth."

"The team at Lumen has built a great business and we see an incredible opportunity to provide leading edge, fiber-to-the-home broadband technology to millions of its business and residential customers," said Aaron Sobel, Private Equity Partner at Apollo. "Our investment will help accelerate the upgrade to fiber optic technologies, and we are excited to have such a high-caliber management team ready to bring faster and more reliable internet service to many rural markets traditionally underserved by broadband providers."

https://news.lumen.com/

CenturyLink is now Lumen

CenturyLink changed its name to Lumen Technologies.The company's mission statement is "to help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere.""Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships...




  • On July 25, 2021, Lumen reached a definitive agreement to sell its Latin American business to Stonepeak for $2.7 billion
  • In 2017, CenturyLink acquired Level 3 Communications in a deal valued at over  $34 billion.  Previously, CenturyLink has acquired Qwest Communications, Savvis and Embarq (formerly Sprint's Local Telecommunications Division).
  • In 2014, Level 3 acquired tw telecom in a $5.7 billion deal that combined its global fiber network and international data centers with tw telecom's extensive metro footprint in major U.S. Time Warner Communications was founded in 1993 as a joint venture between US West and Time Warner Communications. The company completed an IPO in 1999. It acquired Xspedius in 2006. 
  • Level 3's prior acquisitions include WilTel (2005), Progress Telecom (2006), ICG(2006), Telcove (2006), Looking Glass Networks (2006), Broadwing (2007), SAVVIS' content delivery network (2007), Servecast (2007), and Global Crossing (2011).

Sparkle upgrades its Nibble optical backbone with Infinera

Sparkle, the international service provider of TIM Group and among the top 10 global operators, selected Infinera’s ICE6 800G-capable coherent technology to enhance its new Mediterranean and European Optical Backbone, Nibble. Infinera’s ICE6 solution will enable Sparkle to launch new 400 GbE services over its existing infrastructure while boosting its network capacity by up to 54%.

Sparkle successfully completed a trial deploying Infinera’s ICE6 technology on live links from Catania to Milan and from Rome to Milan, achieving wavelength speeds of 500 Gbps across 2,136 kilometers and 700 Gbps over 858 kilometers, respectively, setting a milestone for European long-distance data transmission. 

The companies plan to deploy 800G channels along other routes on the Sparkle network.

“Infinera’s innovative ICE6 optical networking solution supports the evolution of our network, enabling us to deliver spectral efficiency and high-capacity services to meet customer expectations,” said Enrico Bagnasco, CTO at Sparkle.

“Infinera looks forward to working with Sparkle to enhance the capabilities of its pan-Mediterranean optical network with ICE6 and enabling Sparkle to offer new high-speed services to its customers,” said Nick Walden, Senior Vice President, Worldwide Sales, Infinera.

https://www.tisparkle.com/sparkle-boosts-nibble-infinera



Rakuten acquires Altiostar for Open VRAN solutions

 Rakuten Group has acquired Altiostar Networks at a total valuation of US$1 billion.

Altiostar’s 4G and 5G open virtual Radio Access Network (Open vRAN) solutions are being used by Rakuten Mobile in its new 5G network in Japan. Altiostar's suite of Open vRAN network functions are running on the Rakuten Communications Platform (RCP), which is a fully virtualized, cloud-native telco platform.

Altiostar Networks CEO, Ashraf Dahod commented: “Open RAN architecture and virtualization are key to building software-centric networks that can scale and adapt to meet an explosion of devices and applications driving service velocity and profits. Becoming a Rakuten Group company will allow us to build on our foundation and accelerate our technology development to help operators to innovate, explore new business models and bring affordable broadband to the masses through web-scale mobile networks.”


“We’re entering a new era where mobile network operators can choose how to build and deploy a network by working with the world’s most innovative software companies to create open and interoperable solutions,” commented Rakuten Group CEO, Mickey Mikitani. “We’re delighted to welcome the Altiostar team to the Rakuten family as we share a common passion for empowering mobile networks through disruptive innovation, offering mobile operators around the world secure, cost-effective and highly agile technology.”

After the successful launch of Rakuten Mobile’s 4G network in April 2020, Altiostar and Rakuten launched the world’s first container-based, cloud-native 5G radio access network (RAN) in September 2020. Altiostar is also growing its global operations with the expansion of its Indian R&D center and UK-based open vRAN engineering lab, as well as the opening of regional hubs close to its customers. 

In addition to Rakuten Mobile, Altiostar has been selected by multiple Mobile Network Operators among which Airtel in India, Dish in the United States and Telefonica in Europe and Latam. Altiostar has key partner relationships in place with RCP, Cisco, VMware, Dell, Fujitsu, IBM/Red Hat, Intel, NEC, Qualcomm, Sterlite, Tech Mahindra, Facebook Connectivity and public cloud providers. Altiostar is a member of the O-RAN ALLIANCE, the Telecom Infra Project (TIP), and a board member of the Open RAN Policy Coalition.

Rakuten tests O-RAN 5G Massive MIMO with Altiostar and NEC

Altiostar confirmed that its O-RAN Alliance-compliant multi-vendor massive-multi-input, multi-output (mMIMO) 5G solution is in now in testing with with NEC Corporation and Rakuten Mobile. Specifically, Altiostar is integrating the O-RAN distributed unit (O-DU) functionality of its virtual radio access network (vRAN) software with NEC's O-RAN Radio Unit (O-RU) using fully compliant control, user, synchronization and management (C/U/S/M) plane protocols...

Altiostar raises $114 million for its open vRAN

Altiostar, a start-up based in  Tewksbury, Mass., closed a $114 million Series C round of financing for its open virtualized RAN (open vRAN) technology. Rakuten, which is preparing to launch a greenfield mobile network in Japan later this year, is coming on board as an investor. Rakuten is deploying the Altiostar solution in their mobile network and the companies are collaborating on the development of 5G solutions. In early 2018, Qualcomm...

Rakuten invests in Altiostar for virtual RAN

Rakuten, the Japanese e-commerce and fintech company and soon to be the operator of Japan’s newest mobile network, will make a strategic investment in Altiostar Networks, a start-up based in Tewksbury, Mass. The investment is subject to approval by the Committee on Foreign Investment in the United States. Altiostar provides a 5G-ready virtualized RAN software solution that supports open interfaces and disaggregates the hardware from the software...


Mavenir supplies O-RAN for Montana's Triangle under Rip-n-Replace

Mavenir has been selected by Triangle Communications, a telecommunications service provider for the state of Montana, to deliver a fully virtualized Open RAN and Evolved Packet Core (EPC) network.

Triangle Communications is undergoing a full network transformation, removing untrusted network providers equipment using funding from the FCC provided under the Secure and Trusted Telecommunications act.

The Rip and Replace project and will include:

  • Mavenir’s fully containerized Evolved Packet Core (vEPC) as part of MAVcore, cloud-native, fully virtualized and fully containerized mobile core.
  • Open virtualized RAN (Open vRAN) designed with cloud-native virtualization techniques, enabling the RAN to flex and adapt based on usage and coverage. Delivering O-RAN compliant elements as part of the MAVair Open RAN solutions.
  • Mavenir Webscale Platform (MWP) enabling Triangle to run applications on any cloud – Private, Public or Hybrid clouds. MWP is part of the Mavenir MAVscale product portfolio.


“We are very pleased with this contract award from Triangle and the confidence placed in virtualized networks, including the commercial readiness of Open RAN. This Rip and Replace has been a topic of discussion in the USA for quite some time and this announcement showcases the current state of the market and the trust that is returning to US headquartered telecommunication vendors as part of the global move to diversify the supply chain and future proof networks to avoid future Rip and Replace scenarios that are caused by using proprietary vendor locked solutions,” says Mavenir President and Chief Executive Officer Pardeep Kohli.

FIBERSTAMP intros 200G QSFP56 ER4 transceiver

Taiwan-based FIBERSTAMP recently introduced a 200G QSFP56 ER4 optical transceiver with a 40km reach.

FIBERSTAMP says its new product uses a 4-lane WDM optical engine architecture, which integrates 4-lane cooled EML TOSA, APD ROSA and 50G PAM4 CDR based on DSP technology. The transceiver complies with the QSFP MSA standard, supports IEEE 802.3cn 200GBASE-ER4 Ethernet and OTN protocols, and supports a maximum transmission distance of 40km, well applicable for 200G long-distance metro DCI and 5G backhaul.

https://www.fiberstamp.com/

Lumen's Q2 sales dip to $4.9 billion

 Lumen Technologies reported total Q2 revenue $4.924 billion, compared to $5.192 billion for the second quarter 2020. Reported net income was $506 million for the second quarter 2021, compared to $377 million for the second quarter 2020.

"Lumen delivered solid Adjusted EBITDA and Free Cash Flow in the second quarter, and we are executing on our strategy to optimize the Lumen asset portfolio, positioning the company for future growth," said Jeff Storey, president and CEO of Lumen. "We are well positioned strategically with our significant and accelerating fiber investments across both Business and Mass Markets."



Anritsu intros Dual Connectivity test for 5G SA

Anritsu introduced a Dual Connectivity Protocol Conformance test for 5G New Radio (NR) Standalone (SA) has been verified on the 5G NR Mobile Device Test Platform ME7834NR powered by the Snapdragon X65 5G Modem-RF System.

NR Dual Connectivity (NR DC) allows a device to connect to two 5G NR serving nodes concurrently, enabling higher throughput, better coverage, and improved latency and reliability.

The first Dual Connectivity Protocol Conformance test for 5G NR Standalone (SA) has been verified on the Anritsu 5G NR Mobile Device Test Platform ME7834NR powered by the Snapdragon® X65 5G Modem-RF System.

Anritsu said this is the first test where NR SA is operated over millimeter Wave (mmWave), and sub-6 GHz frequencies simultaneously. 5G devices can now take advantage of the wider reach of mid-band sub-6 GHz frequencies, along with the high data rates supported by mmWave.

"Our collaboration with Qualcomm Technologies continues to grow stronger with a focus on leading-edge features like NR DC," said Hideharu Tsukamoto, Director of 1st Solution Marketing Dept. at Anritsu.

www.anritsu.com 

Juniper joins Softbank’s 5G Consortium

Juniper Networks has joined the Softbank 5G Consortium established by Softbank Corp. as a founding member, having been named as a 5G-related partner.


Juniper’s automated and secure IP networking solutions, including its flagship MX Series Universal Routing Platforms, play a crucial role in the development of Softbank’s 5G infrastructure. This solution offers strong scalability, reliability and flexibility, which are all key to Softbank’s 5G networking demands and requirements such as Network Slicing with SRv6.

The Softbank 5G Consortium brings together partners, operators, industry experts and companies in 5G-related fields, to collaborate alongside Softbank on proof-of-concept demonstrations aimed at addressing the commercialization and adoption of 5G solutions across various industry verticals.


ADTRAN posts Q2 revenues of $143.2 million

ADTRAN reported Q2 revenues of $143.2 million compared to $128.7 million a year ago. Net income for the second quarter of 2021 was $5.1 million and earnings per share, assuming dilution, was $0.10 per share. Non-GAAP net income was $8.1 million and non-GAAP earnings per share, assuming dilution, was $0.16 per share.


ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “Strong demand for fiber access continued to drive multiple segments of our business including infrastructure, in-home premises equipment and our SaaS platforms. Tier 3 regional operators, both in the U.S and Europe, showed exceptional strength with growth over 50% on a year-over-year basis. Demand continues to be strong and we believe we are in the early phases of this growth cycle.”


https://investors.adtran.com/Interactive-Financials/default.aspx

Tuesday, August 3, 2021

Marvell to acquire Innovium for data center switching silicon

Marvell Technology agreed to acquire Innovium, a start-up offering switching silicon for cloud and edge data centers, in an all-stock transaction valued at $1.1 billion.

Innovium, which is based in San Jose, California, offers high-performance switching silicon solutions for cloud and edge data centers. The company was founded in 2014 and has approximately 230 employees.

Marvell, which has an extensive portfolio of Ethernet switch semiconductor solutions, and which recently acquired Inphi, said the deal accelerates its position in cloud data centers. Its portfolio for cloud data centers includes: cloud data center solutions, including: 

  • High-speed Electro-Optical PAM4 and Coherent DSP chipsets 
  • Pluggable COLORZ DCI modules OCTEON-based DPUs for security, offload, and acceleration 
  • Custom Arm-based server CPUs 
  • Full custom ASICs Bravera
  • Flash and HDD-based storage
  • and on closing the acquisition of Innovium, cloud-optimized Ethernet switches

“Our acquisition of Innovium and its complementary offerings further extends Marvell’s leadership in the cloud, and I am excited that Innovium has secured significant share at a marquee cloud customer,” said Matt Murphy, President and CEO of Marvell. “Innovium has established itself as a strong cloud data center merchant switch silicon provider with a proven platform, and we look forward to working with their talented team who have a strong track record in the industry for delivering multiple generations of highly successful products.”

“The Innovium vision is centered on delivering breakthrough switch silicon and choice for next-generation cloud and edge data centers. Bringing technology leadership and customer-focused innovation to the market is what drives our team every day,” said Rajiv Khemani, CEO and Founder of Innovium. “I want to recognize and thank our valued employees for their passion, commitment, and outstanding execution. We are excited to join Marvell and accelerate the growth of our business, partnerships, and solution value, while contributing to the company’s fast-growing cloud opportunity.”

Marvell said it will continue to advance its Prestera 2K to 8K product families for the enterprise and carrier switch market. The company expects Innovium will enable the addition of approximately $150 million in incremental revenue next fiscal year.

Innovium pushes switching silicon to 25.6 Tbps with support for 112G PAM4

Innovium unveiled its TERALYNX 8 networking switch silicon featuring a massive 25.6 Tbps capacity and support for 112G PAM4 SerDes I/O. This next-generation TERALYNX 8 design features deep programmability, the largest on-chip buffers, and advanced telemetry capabilities.

Innovium's TERALYNX 8 switch, which is aimed at hyperscale data centers and which is expected to sample in the second half of 2020, could be used for highly compact, highest port-density single-chip switches for 100G to 800G configurations, including 1RU, 32 x 800G switch. The silicon will be delivered in a single 7nm die fabricated by TSMC.

Innovium confirmed that its current generation, 12.7 Tbps switching silicon is already being used by numerous commercial customers, including some of the biggest cloud provider networks.

Innovium shipped over one million 400G ports in 2020

Innovium, a start-up offering high-performance switching silicon, shipped over one million 400G TERALYNX switch silicon ports in 2020. The company said it is seeing a rapid ramp of 400G connectivity by top cloud customers using its TERALYNX based switches. “2020 was a great year for Innovium. Demand for bandwidth accelerated across all cloud data centers driven by worldwide growth in online businesses, remote everything and digitization...

Innovium raises $170 million for its switching silicon

Innovium, a start-up based in San Jose, California, raised $170 million for its switching silicon solutions cloud and edge data centers. The new funding round included investments from Premji Invest, DFJ Growth, funds and accounts managed by BlackRock, and multiple strategic investors, along with existing investors including Greylock, Capricorn, WRVI, Qualcomm Ventures, Redline, S-Cubed Capital and DAG . Innovium said this latest funding makes...


Marvell completes acquisition of Inphi

Marvell Technology completed its previously announced acquisition of Inphi Corporation.  The combination creates a U.S. semiconductor powerhouse positioned for end-to-end technology leadership in data infrastructure.

Marvell also announced that Dr. Ford Tamer has been appointed to the Board of Directors of Marvell. Tamer served as Inphi’s President and Chief Executive Officer for more than nine years. Under Dr. Tamer’s stewardship, Inphi became the trusted market leader for electro-optics solutions for cloud and telecom operators, increasing revenue from these customers more than 20 times during his tenure, to an annual run rate of about $750 million. Prior to Inphi, Dr. Tamer served as CEO of Telegent Systems. Previous to this, he was Senior Vice President and General Manager of Broadcom’s Infrastructure Networking Group, which he grew 5-fold to $1.2 billion in revenue within five years. 

The cash and stock transaction was valued at approximately US$10 billion, consisting of $66 in cash and 2.323 shares of stock of the combined company for each Inphi share. 

Inphi’s high-speed electro-optics target data centers as well as wired and wireless carrier networks. The product portfolio includes Inphi transimpedance amplifiers (TIAs); drivers for 100G to 600G coherent optics; optical PHYs for signal recovery, retiming, grooming, error correction and gearbox operations; its COLORZ transceivers based on silicon photonics for 80/120km DWDM connectivity in a QSFP28 form factor; and its Canopus coherent Digital Signal Processors (DSPs)

Marvell said that by combining its storage, networking, processor, and security portfolio with Inphi’s  electro-optics interconnect platform, the combined company will deliver end-to-end technology leadership in data infrastructure. 

“Our acquisition of Inphi will fuel Marvell’s leadership in the cloud and extend our 5G position over the next decade,” said Matt Murphy, president and CEO of Marvell. “Inphi’s technologies are at the heart of cloud data center networks and they continue to extend their leadership with innovative new products, including 400G data center interconnect optical modules, which leverage their unique silicon photonics and DSP technologies. We believe that Inphi’s growing presence with cloud customers will also lead to additional opportunities for Marvell’s DPU and ASIC products.”

“Marvell and Inphi share a vision to enable the world’s data infrastructure and we have both transformed our respective businesses to benefit from the strong secular growth expected in the cloud data center and 5G wireless markets” said Ford Tamer, President and CEO of Inphi. “Combining with Marvell significantly increases our scale, accelerates our access to the next generations of process technology, and opens up new opportunities in 5G connectivity.”

Marvell also stated that intends to reorganize the combined company so that it will be domiciled in the United States, creating a U.S. semiconductor powerhouse with an enterprise value of approximately $40 billion. Upon closing, Ford Tamer, Inphi’s President and CEO, will join Marvell’s Board of Directors.

https://www.marvell.com/announcements/marvell-to-acquire-inphi.html

Google teams with Sparkle on 2 subsea cables

Google is collaborating with Sparkle and others to build and operate two submarine cable systems linking the Middle East with southern Europe and Asia: 

  • the Blue Submarine Cable System connecting Italy, France, Greece, and Israel; 
  • the Raman Submarine Cable System connecting Jordan, Saudi Arabia, Djibouti, Oman and India. 

Both cables will be equipped with 16 fiber optic pairs and are expected to be ready for service in 2024. They will also support multiple fibre tenants, and feature open landing stations enabling competitive access to the cable termination points.

Sparkle notes that Blue will be deployed along a new northbound route in the Mediterranean, crossing the Strait of Messina, rather than following the traditional route through Sicily Channel. Within the Blue System, BlueMed submarine cable is now Sparkle’s own private domain sharing its wet components with four additional fibre pairs and an initial design capacity of more than 25 Tbps per fibre pair, and is extended up to Jordan (Aqaba) with additional private branches into France (Corsica), Greece (Chania – Crete), Italy (Golfo Aranci – Sardinia and Rome), Algeria, Tunisia, Libya, Turkey, Cyprus and more in the future.

https://cloud.google.com/blog/products/infrastructure/announcing-the-blue-and-raman-subsea-cable-systems



Juniper offer Zero Trust Cloud Workload Protection

Juniper Networks introduced a Zero Trust Data Center architecture to automatically defend application workloads in any cloud or on-premises data center environment against application exploits as they happen, including the Open Web Application Security Project (OWASP) Top 10 and memory-based attacks.

Juniper Cloud Workload Protection is a lightweight software agent that controls application execution and monitors the application’s behavior and context, with vulnerability remediation is done automatically without admin intervention. 

The company says its new product provides the following critical capabilities:

  • Signatureless Run-Time Application Self-Protection (RASP) provides real-time protection against attacks. It protects the application from malicious actions, such as exploitation and data theft, without any manual intervention, catching sophisticated attacks that endpoint detection (EDR) and web application firewall (WAF) solutions cannot.
  • Memory-Based Attack Prevention provides real-time protection against advanced memory-based attacks, including fileless, return-oriented programming (ROP) and buffer overflow attacks.
  • Vulnerability Detection continuously assesses vulnerabilities in applications and containers to detect serious and critical exploit attempts as they happen. Juniper Cloud Workload Protection delivers information on the exploit attempt to DevSecOps teams to better understand where the vulnerability exists, so they can remediate.
  • Comprehensive Telemetry provides rich application-level security event generation and reporting, including application connectivity, topology and detailed information about the attempted attack.
  • Optimized Control Flow Integrity (OCFI) technology minimizes false alerts by validating the execution of applications and detecting attacks without using behavior or signatures.
  • Zero Trust Microsegmentation shields application resources from lateral threat propagation and integrates with Juniper vSRX Virtualized Firewalls to restrict access based on risk, even as workloads and virtual environments change. Automated threat response with built-in, real-time telemetry helps security teams detect threats once and block them across the entire network.

https://blogs.juniper.net/en-us/security/connecting-and-protecting-applications-within-a-zero-trust-data-center-architecture-with-juniper-cloud-workload-protection

STL collaborates with Facebook Connectivity on Evenstar radio units

STL is collaborating with Facebook Connectivity to design and develop 4G and 5G radio products as part of the Evenstar program, which is a collaborative effort led Facebook Connectivity  to accelerate the adoption of Open RAN technology. 

Through this collaboration, STL will build two advanced, high-power macro radio products. The first one is an O-RAN compliant radio providing higher capacity for dense deployments. As part of this engagement, STL will also develop an O-RAN compliant 4G+5G Dual Technology Radio that supports both technologies individually or/and concurrently. These 3GPP and O-RAN compliant radio products will be developed over the next year and will enable telecom operators around the world to scale up commercial deployments of open networking infrastructure and prepare their networks for Open RAN 5G.

Commenting on this collaboration, Chris Rice, CEO Access Solutions Business, STL, said, "We are delighted to support and contribute to the Evenstar program to develop 3GPP and O-RAN compliant radio products. Through this collaboration, STL extends its existing commitment towards creating a robust, open and disaggregated, access network ecosystem. By enabling  an open networking infrastructure through efforts like this one, we are enabling global telecom service providers to take the power of 5G technology to billions of people worldwide at lower cost points."

https://www.stl.tech/

Nozomi raises $100 million for OT and IoT security

Nozomi Networks, a start-up based in San Francisco, announced a $100 million pre-IPO-funding round to help accelerate its OT and IoT security solutions.

The company said it plans to grow its sales, marketing and partner enablement efforts, and enhance its products to address new challenges in both the operational technology (OT) and internet of things (IoT) visibility and security markets. 

The Series D funding was led by Triangle Peak Partners and included Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Ventures, and Telefónica Ventures.

“As we began the fund-raising process, many of the largest ecosystem partners in the world along with our customers recognized Nozomi Networks as the industry leader and requested the opportunity to invest in the company,” said Edgard Capdevielle, President and CEO of Nozomi Networks. “It’s the ultimate endorsement when not only a prestigious firm such as Triangle Peak Partners leads the investment, but customers and partners embrace Nozomi Networks and further validate our market leadership.”

“With the OT and IoT security market on the verge of explosive growth, Nozomi Networks has not only risen to the top but is strongly positioned to continue to outpace the market,” said Dain F. DeGroff, Co-founding Partner and President, Triangle Peak Partners.“The company’s consistently strong performance in combination with an impressive R&D model and its ability to scale quickly set itself apart. We’re excited to be a part of Nozomi Networks’ future.”


NeoPhotonics posts Q2 sales of $65 million


 NeoPhotonics reported Q2 revenue of $65.0 million, up 7% quarter-over-quarter and down 37% year-over-year. Gross margin was 15.2%, down from 21.9% in the prior quarter and non-GAAP net loss per share was $0.22, compared to Non-GAAP net loss of $0.15 per share in the prior quarter.

"Building on our strong performance in the second quarter, we see accelerating growth in the back half of the year, driven by the initial ramp of 400ZR and related products adding to our 400G+ suite,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “We are ramping our modules and component level products, including our Nano Tunable Laser, putting us in a good position to return to profitability,” concluded Mr. Jenks.