Friday, May 29, 2015

Equinix Bids $3.6 Billion for TelecityGroup

Equinix is bidding to acquire TelecityGroup for £11.45 per share, 35% premium to the closing price of February 10, 2015, and representing an equity value of $3.6 billion.  The offer is composed of 50% stock and 50% cash. Equinix said the merger would complement and extend its geographic footprint in Europe. TelecityGroup operates 39 data centers with 1.2 million gross square feet of capacity in 12 metros across Europe. The business serves...

Qualcomm Snapdragon 810 to Power Google's Project Tango

The Qualcomm Snapdragon 810 processor has been selected to power Google's next generation Project Tango smartphone development platform. Project Tango devices combine the camera, gyroscope, and accelerometer to estimate six degrees of freedom motion tracking, providing developers the ability to track 3D motion of a device while simultaneously creating a map of the environment. This capability is especially useful for applications such as real-world...

Telefónica Becomes Largest Operator in Brazil

Telefónica Brasil completed its acquisition of Global Village Telecom (GVT) from Vivendi, making it the largest operator in Brazil both in terms of clients—with over 105 million accesses after the integration —and revenues.  The deal was first announced in September 2014. Telefónica Brasil now has national coverage and is the leader in the mobile business and fixed ultra-broadband, while also strengthening its position in pay TV. Vivo has the...

ASUS Announces Servers Based on Cavium's 48-Core ARM

ASUS confirmed plans to build servers and server boards based on Cavium's ThunderX 64-bit, 48-core ARM platform, which promises extreme efficiency, expandability and enhanced-usability design for data centers, high-performance computing and enterprise, as well as small and medium business (SMB) environments. ASUS aims to deliver two-socket ARM servers and server boards from Q4 2015. Gopal Hegde, Vice President and General Manager of Cavium's Datacenter...

Singtel Plans 10G Residential Service

Singtel will be soon be deploying Next Generation GPON on its Fibre-to-the-Home (FTTH) network. A pilot service will begin in the next quarter and Singtel plans to make the service available to all fibre customers in the later part of the year. The technology will give customers the option of a 10 Gbps fibre broadband service, useful for applications such as running multiple 4K video sessions. The maximum bandwidth currently available to customers...

ABB Chooses BT for Global Communications

The ABB Group, which has over 140,000 employees in over 100 countries, has selected BT to transform its global communications infrastructure across Europe, the Americas, Africa, the Middle East and Asia-Pacific. ABB, a world leader in power and automation, will also benefit from improved application performance and additional IT security delivered by BT. Specifically, BT was selected to connect more than 700 ABB locations in more than 100 countries...

Sony Acquires Optical Archive Inc.

Sony Corporation of America acquired Optical Archive Inc. (OAI), a start-up developing optical storage systems for the data center market.  Financial terms were not disclosed. OAI was founded by Frank Frankovsky, who previosly was a lead hardware engineer at Facebook and who served as Chairman/President of the Open Compute Project. Sony said it plans to leverage OAI to develop new optical disc library systems that will meet the technological...

Harris Completes Acquisition of Excelis

Harris completed its previously announced acquisition of Exelis, which supplies solutions for the command, control, communications, computers, intelligence, surveillance and reconnaissance market. Excelis, which was previously part of ITT Corporation, serves  military, government and commercial customers in the United States and globally. “The Exelis acquisition is transformative for our company and marks a major milestone in Harris’ 120-year...