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Gartner: Worldwide semiconductor revenue was up 13.4% in 2018

Worldwide semiconductor revenue totaled $476.7 billion in 2018, a 13.4 percent increase from 2017, according to preliminary results by Gartner. “The largest semiconductor supplier, Samsung Electronics, increased its lead as the No. 1 vendor due to the booming DRAM market,” said Andrew Norwood, Vice President, Analyst at Gartner. “While 2018 continued to build on the […]

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Thoma Bravo buys Veracode from Broadcom for $950 million

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

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IDC: Cloud infrastructure spending surged 47% yoy in 3Q18

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew 47.2% year over year in the third quarter of 2018 (3Q18), reaching $16.8 billion, according to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker. IDC also raised its forecast […]

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Huawei’s CloudEngine 16800 data center switch boasts 768-port 400GE

Huawei unveiled its CloudEngine 16800 data center switch built for the Artificial Intelligence (AI) era. The platform has three defining characteristics making it suitable for the AI era: an embedded AI chip, the capacity for a 48-port 400GE line cards per slot,, and the capability to evolve to the autonomous driving network. Huawei said its […]

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Sprint’s first 5G data call using 2.5 GHz and Massive MIMO

Sprint completed the first over-the-air 5G data transmission using 2.5 GHz and Massive MIMO. The test was carried on Sprint’s live commercial network in San Diego. The field test used global 5G standards on a commercial 3GPP 5G New Radio (NR) network with Sprint’s 2.5 GHz spectrum, Nokia’s dual-mode AirScale Massive MIMO radio, and a […]

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AWS acquires CloudEndure for cloud migration and back-up tools

Amazon Web Services has acquired CloudEndure, a start-up based in Israel that specializes in cloud migration and back-up. Financial terms were not disclosed. CloudEndure’s IT Resilience Suite for the Hybrid Cloud provides disaster recovery, continuous backup, and migration of any application from any physical, virtual, or cloud-based source to cloud infrastructure. CloudEndure, which was established […]

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Sophos acquires Avid Secure for AI-base cloud security analytics

Sophos has acquired Avid Secure, a start-up that offers an artificial intelligence-based cloud security analytics, compliance, and DevSecOps platform. Financial terms were not disclosed. Avid Secure, which was founded in 2017 and is based in San Francisco with engineering operations in Gurgaon, India, uses artificial intelligence and automation to address the real-world challenges of effective […]

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Ericsson refocuses Business Support System (BSS) on current platform

Acknowledging that its Business Support System (BSS) is not performing satisfactorily, Ericsson announced a further restructuring that will result in revisions to its BSS product and contract portfolio, as well as an associated headcount reduction. Ericsson said its launch of a next-generation BSS platform, the full-stack Revenue Manager, has not been successful and to date, […]

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Silicon demos Active Optical Cable supporting HDMI 2.1 in 8K TV

Silicon Line GmbH announced the first active optical cables with embedded technology supporting all features of the recently released HDMI 2.1 specification. At CES 2019 in Las Vegas, the company demonstrated its new active optical cable connecting HDMI 2.1-enabled 4K and 8K TVs. “CES is the premier world stage for debuting the latest consumer technologies, […]

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Liquid Telecom appoints regional CEO

Liquid Telecom has appointed Mohamed Abdel Bassit as its new Regional CEO for Middle East and West Africa (MEWA). Based in Cairo, Bassit will oversee the group’s expansion further into MEWA following the recent news that it is investing US$400m in the Egyptian market and has completed the first fibre network to stretch all the […]

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Cignal AI: Cloud and Colo operators ramp up optical transport spending

Record spending in the cloud & colo market continued in the third quarter and it is now forecast to top $1.4 billion worldwide for the year 2018 — almost a 50% spending increase over 2017, according to the most recent Optical Customer Markets Report issued by networking equipment and component market research firm Cignal AI. […]

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