SMIC to Manufacture 28nm Qualcomm Snapdragon Processors

Semiconductor Manufacturing International Corporation (SMCI), of China's largest and most advanced semiconductor foundries, inked a deal with Qualcomm to manufacture Snapdragon processors using 28nm process technology. The companies said the deal will help accelerate SMIC’s 28nm process maturity and capacity, and will also make SMIC one of the first semiconductor foundries in China to offer production locally for some of Qualcomm's latest Snapdragon...

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CTERA Raises $25 Million for its Cloud Storage Service Platform

CTERA Networks, a start-up based in Petach Tikvah, Israel, announced a $25 million Series C funding round to accelerate its cloud storage services platform. CTERA's Cloud Storage Services Platform combine enterprise endpoint backup software, enterprise file sync and share software, and cloud storage gateway appliances. It can be used large enterprises and service providers to sync, serve and protect data from one centrally managed solution that...

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Zayo Files for IPO

Zayo Group Holdings filed an S-1 statement with the Securities and Exchange Commission (SEC) relating to a proposed public offering of its common stock. Zayo operates a fiber network spanning 77,000 route miles across the U.S. and Europe, as well as 28 data centers in markets across the U.S. The company was founded in 2007 and has completed a number of acquisitions since then. The company has about 1,400 employees. http://www.zayo.com From Edgar:...

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Nokia Networks Acquires 3-D Geolocation Tool from NICE Systems

Nokia Networks has acquired a 3-D geolocation solution from NICE Systems that can be used to enhance the planning and optimization of mobile networks.  The dead includes the tools, technical expertise, and the right to further develop these capabilities.  Nokia plans to build up a competence center in Israel, develop its future portfolio around 3-D modeling, and increase automation in its services. Financial terms were not disclosed. Nokia...

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Zayo Acquires Data Center in Atlanta

Zayo has acquired Colo Facilities Atlanta ("AtlantaNAP"), an Atlanta data center and managed services provider. Financial terms were not disclosed. AtlantaNAP has over 72,000 square feet of total data center space, including 42,000 square feet of conditioned colocation space. The Atlanta colocation facility is connected to most major carrier hotels and data centers via high-count and diverse fiber rings, providing customers with increased connectivity...

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Gowex Suspended for Financial Irregularities

Shares of Gowex, a provider of free municipal Wi-Fi services based in Madrid, Spain, were suspended from trading following reports of financial irregularities. Over the weekend, the founder and CEO of Gowex, Jenaro Garcia Martin, resigned.  Insiders said Garcia Martin indicated to the board that financial records had been manipulated for some time.  The company subsequently announced plans to file for bankruptcy protection. Gowex has...

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Google Chrome to support WebRTC

Google Chrome is implementing WebRTC to enable users to launch Hangouts in the browser without needing a plug-in. The capability is already available for Chrome Dev and Canary users.  Google plans to update Chrome shortly. https://plus.google.com/u/0/103171586947853434456/posts/39TCW3PcLye WebRTC is a free, open project that enables web browsers with Real-Time Communications (RTC) capabilities via simple JavaScript APIs.  http://ww...

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