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Zayo acquires Optic Zoo for fiber network in Vancouver

Zayo Group has acquired Vancouver-based Optic Zoo Networks for CAD $31 million. Optic Zoo owns and operates high-capacity fiber in Vancouver, British Columbia and has achieved a significant penetration of customers, with a focus on the digital media sector. The network spans 103 route miles and 100 on-net buildings through the city. Zayo said Optic […]

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Sabey Data Center adds antenna superstructure to Manhattan facility

Sabey Data Center Properties, which is one of the largest privately owned multi-tenant data center owner/developer/operators in the U.S. with over 3 million square feet, has deployed a $1 million-dollar antenna superstructure atop Intergate.Manhattan, its 560-foot-tall facility at 375 Pearl Street in Lower Manhattan. The antenna was placed through an alliance with New York-based Repeater […]

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IBM and Salesforce extend their growing alliance

IBM and Salesforce are working to integrate IBM Cloud and Watson services with Salesforce Quip and Salesforce Service Cloud Einstein to enable companies to connect with their customers and collaborate more effectively with deeper insights. In addition, Salesforce has named IBM a preferred cloud services provider and IBM has named Salesforce its preferred customer engagement […]

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Elliott comments on Qualcomm’s extended tender for NXP

Elliott Advisors (UK) published an advisory letter to investment funds that now collectively hold an increased economic interest in NXP Semiconductors N.V. of approximately 6.6%. The advisory argues that that NXP is of significant strategic importance to QUALCOMM Incorporated (“Qualcomm”) and that such a transaction will deliver substantial value to Qualcomm shareholders at prices meaningfully […]

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Sprint and Cox settle their differences and form alliance

Sprint and Cox Communications reached a settlement in a patent dispute and announced a new multi-year business alliance. Under the agreement, Sprint will leverage Cox’s broadband infrastructure to accelerate the densification of the Sprint network while simultaneously increasing the efficiency of its macro backhaul and small cell deployment. Additionally, the agreement will increase and strengthen […]

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Ericsson unveils the 5G Radio Dot

Ericsson is introducing a 5G version of its Radio Dot small cell solution. The company says its 5G Radio Dot takes less than half the time to install compared to other indoor solutions and will support the new 5G mid-bands (3-6GHz) with speeds up to 2Gbps. Nishant Batra, Head of Product Area Network Infrastructure at […]

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Mellanox posts record Q4 revenues of $237.6M, up 7% yoy

Mellanox Technologies reported revenues of $237.6 million for the fourth quarter and $863.9 million in fiscal year 2017. GAAP operating loss was $(6.7) million, or (2.8) percent of revenue, in the fourth quarter, and was $(17.1) million, or (2.0) percent of revenue, in fiscal year 2017.Non-GAAP operating income was $38.0 million, or 16.0 percent of […]

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IBM’s Q4 cloud revenues increased 27% to $5.5 billion

IBM reported fourth-quarter revenue of $22.5 billion, up 4 percent (up 1 percent adjusting for currency). There was a GAAP net loss of $1.1 billion from continuing operations, including a one-time charge of $5.5 billion associated with the enactment of U.S. tax reform.. Non-GAAP operating revenue was $4.8 billion. “Over the past several years we […]

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