Wednesday, February 8, 2017

OpenFog Consortium Releases its Reference Architecture

The OpenFog Consortium, whose founding members include ARM, Cisco, Dell, Intel, Microsoft, and Princeton University, published its OpenFog Reference Architecture, a universal technical framework designed to enable the data-intensive requirements of the Internet of Things (IoT), 5G and artificial intelligence (AI) applications. Fog computing is the system-level architecture that brings computing, storage, control, and networking functions closer...

Fuze Raises $104 Million for UCaaS

Fuze (formerly ThinkingPhones), a start-up based in Cambridge, Mass., closed $104 million in venture funding for its cloud-based communication solutions. Fuze is a global, unified communications as a service (UCaaS) platform for enterprises. In 2016, Fuze grew sales by 90 percent, adding 449 new customers, including The National Geographic Society, The Rockport Group, Socotec, and John Paul with 36 percent of business coming from outside of North...

CyrusOne Buys Two Data Centers for $490 Million

CyrusOne will acquire two enterprise-class data centers from Sentinel Data Centers for $490 million. The facilities are located in Raleigh-Durham, North Carolina and Somerset, New Jersey. In 2016, the two data centers generated revenue of nearly $50 million. As of December 31, 2016, the two properties consisted of more than 160,000 colocation square feet and approximately 21 MW of power capacity, with nearly 85% of the power capacity leased. "We...

Dell'Oro: Cloud Data Centers Drive Toward 400G by 2019

Cloud Data Centers are forecast to drive the transition toward 400 Gbps by 2019, according to a newly published report from Dell'Oro Group. “Cloud Service Providers (SP) are entering an expansion and mega-upgrade cycle driven by increased capacity demand and aging infrastructure,” said Sameh Boujelbene, Senior Director at Dell’Oro Group. “We anticipate at least two major product cycles by 2021. The first cycle will ramp this year and will be driven...

Mojo Networks Raises $30M for Cloud-managed WiFi

Mojo Networks closed a combination of Series E funding and debt of $30 million to support its cloud-managed WiFi. Mojo says its cloud-managed WiFi solution is based on a radical vision for creating networks that reach new heights in performance, security, scalability, and ease-of-use. The investment round includes previous investors Presidio Partners, Trident Capital, and Granite Ventures, who are joined by new investors North Haven Expansion...

Juniper's Pradeep Sindhu Turns Focus to Fungible

Pradeep Sindhu, founder and CTO of Juniper Networks, announced that he is turning his focus to Fungible, a start-up that he co-founded last year to pursue new opportunities in data centers. Fungible, which is based in Santa Clara, California, has raised $32.5 million in Series A funding co-led by Mayfield, Walden Riverwood Ventures (WRV), and Battery Ventures, with participation from Juniper Networks. Sindhu will retain the title of Chief Scientist...

Arista Wins Department of Defense Approval

Arista Networks announced that a number of its platforms achieved information assurance (IA) interoperability (IO) certification from the Joint Interoperability Command (JITC) and are now included on the U.S. Department of Defense (DoD) Unified Capabilities Approved Products List (UC APL). Specifically, Arista’s 7150, 7050, 7250, 7300 and 7500 Series programmable platforms are now listed on the DoD Approved Products Lists Integrated Tracking System...

Intel’s $7 Billion Fab 42 Targets 7nm Manufacturing

Intel announced plans to invest more than $7 billion to complete Fab 42 in Chandler, Arizona. Fab 42 is expected to be the most advanced semiconductor factory in the world with its targeted 7 nanometer (nm) manufacturing process within the next 3 to 4 years. “Intel’s business continues to grow and investment in manufacturing capacity and R&D ensures that the pace of Moore’s law continues to march on, fueling technology innovations the world...

Avaya's Revenue Dips due to Lower Demand and Longer Procurement Cycles

Avaya reported total revenue of $875 million for its first fiscal quarter ended December 31, 2016, down $83 million compared to the prior quarter due to lower hardware and networking revenue. The company cited seasonality and extended procurement cycles, as well as lower demand for unified communications hardware and associated maintenance and professional services. Non-GAAP gross margin was 61.5%, a first fiscal quarter record, which compares...

Toshiba Begins Construction of 3D Flash Memory Fab

Toshiba started construction of a new state-of-the-art semiconductor fabrication and a new Memory R&D center at Yokkaichi Operations in Mie prefecture, Japan, the company’s main memory production base. Fab 6 will be dedicated to production of Toshiba's 3D BiCS FLASH, which promises significant density improvements over planar NAND Flash memory. http://www.toshiba....