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Wasabi, a start-up based in Boston, raised $68 million in Series B funding for its cloud storage solutions. Wasabi says its cloud storage is 80% cheaper and 6x faster than Amazon S3, with 100% data immutability protection and no data egress fees. The company was founded by David Friend and Jeff Flowers, who also co-founded […]
Datrium, a start-up based in Sunnyvale, California, raised $60 million for its Open Convergence platform for cloud builders. The funding was led by Samsung Catalyst Fund, with participation from Icon Ventures, and existing investors NEA and Lightspeed Venture Partners. “We are thrilled to partner with Samsung and Icon Ventures to expand our technical and geographical […]
MACOM Technology Solutions will demostrate its PAM-4, Silicon Photonics and 64 GBaud products and solutions at next week’s ECOC 2018 in Roma, Italy. Some highlights: 10/25 Gbps-PON ONU/OLT Analog Chipset for 2 km 200 Gbps (4×53 Gbps PAM-4) QSFP Applications 5G Optical Connectivity Solutions 100/200/400 Gbps Data Center Solutions 64 GBaud Driver and TIA solutions […]
Huawei completed a set of 5G SA (standalone) functional C-Band tests in Beijing based on the 3GPP NR standard. The SA test of 5G NR radio access network (RAN) took place in the third phase of China 5G technology R&D test in Beijing, which was organized by the IMT-2020 (5G) Promotion Group. Huawei said this […]
Affirmed Networks is introducing a virtualized Evolved Packet Core (vEPC) on Amazon Web Services (AWS). The company says its “Mobile Network as a Service” enables mobile operators to quickly and economically deliver both 4G and 5G services over a scalable cloud infrastructure without requiring excessive capital investments.Mobile operators could use the vEPC to deliver differentiated […]
Sprint has activated Samsung’s 5G-ready massive MIMO solutions on its production 2.5 GHz TDD-LTE network. Samsung said its massive MIMO can provide a way for operators to inject new capacity into their network without having to purchase more spectrum or add new base stations. It is being used by Sprint to significantly boost LTE network […]
ADTRAN introduced a cloud-managed Wi-Fi solution that enables service providers to enter the large, underserved small business market. Cloud-managed Wi-Fi services have been one of the fastest growing segments for enterprise cloud. ADTRAN’s enterprise Wi-Fi offering includes the following: 100% cloud-managed IT: No required subscriptions or licenses. No installation or management of on-premises controller or […]
Nippon Telegraph and Telephone (NTT) will establish a new company specializing in procurement for all of its group companies. The new company will engage in centralized price negotiations and the execution of comprehensive agreements with global vendors. It will be based the United States, where it will engage in centralized price negotiations and the execution […]
ADVA’s optical transport solutions successfully completed a mainframe test cycle, supporting a range of protocols, most notably Gen 6 Fibre Channel — an industry first Testing was conducted at a New York test plant and involved the ADVA FSP 3000 AgileConnect and, for the first time, the FSP 3000 CloudConnect. ADVA said 32Gbit/s Fibre Channel […]
IDC is predicting that the virtual network functions (VNF) market to grow to $16.4 billion in 2022 at a compound annual growth rate (CAGR) of 45.4%, According to IDC’s inaugural forecast for the period 2018–2022, the worldwide revenue for the VNF market in 2017 stood at $2.5 billion across all segments. IDC said VNF revenue […]
Nokia will sell its Velocix IP Video business to Volaris Group , a Toronto-based software company. Nokia’s Veloxic video product portfolio includes caching and streaming products, origin and storage technology, and stream personalization software. Volaris intends to use these assets to launch a new pure play streaming technology company called Velocix, operating as an independent […]
Qualcomm entered into accelerated share repurchase agreements (ASR Agreements) with each of Bank of America, N.A., Citibank, N.A. and Morgan Stanley & Co. LLC to repurchase an aggregate of $16 billion of Qualcomm’s common stock, with an initial delivery to Qualcomm of approximately 178 million shares in the aggregate. The final number of shares to […]
Taoglas, which specializes in antenna designs, announced the first three antennas in its Extensis range of narrowband IoT (NB-IoT) antennas.. The launch includes the world’s smallest ceramic NB-IoT antenna that covers supports Bands 8 (880-960 MHz) and 20 (791-862 MHz), as well as Band 5 (824-894 MHz) to allow IoT devices—such as asset trackers—to work […]
