Ericsson Builds its 5G Portfolio

Ericsson is introducing a 5G platform comprising the 5G core, radio and transport portfolios, together with digital support systems, transformation services and security for mobile operators seeking to be first movers in their markets. "With this launch, we introduce our 5G platform to support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers....

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Cisco Posts Q2 Revenue of $11.6 Billion, down 2%, Security Hottest Segment

Cisco reported Q2 revenue of $11.6 billion, net income (GAAP) of $2.3 billion or $0.47 per share, and non-GAAP net income of $2.9 billion or $0.57 per share. Total revenue was $11.6 billion, down 2%, with product revenue down 4% and service revenue up 5%. Revenue by geographic segment was: Americas down 3%, EMEA flat, and APJC down 3%. "We are pleased with the quarter and the continued customer momentum as we help them drive security, automation...

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XTERA Communications Acquired by H.I.G. Capital

H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with over €20 billion of equity capital under management, has acquired substantially all the assets of Xtera Communications, a supplier of sub-sea fiber optic solutions. Financial terms were not disclosed. H.I.G. previously provided debtor-in-possession financing to the Xtera debtors in connection with the chapter 11 case. Established in 1998 and based in the UK (Harold...

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MetaSwitch Acquires OpenCloud for Virtualized Telecom Service Layer

Metaswitch has acquired privately-held OpenCloud, which offers a virtualized service layer that is deployed within SS7 and All-IP networks to accelerate the transition of IN-based mobile voice services to IMS. Financial terms were not disclosed. OpenCloud's Rhino Telecom Application Server (TAS) service layer is currently in use by more than 60 operators worldwide, including multi-national groups (T-Mobile, Vodafone, for example), large operators...

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PTC'17: Growing Exchanges - DE-CIX

Neutrality is the center point of growing a successful traffic peering exchange.  DE-CIX is undergoing rapid growth of its flagship exchanges in Germany as well as expansion into new geographies. In this video, Ed d'Agostino, Vice President of North America, DE-CIX, talks about the company's launch in New York and Dallas. Look for more data center and carrier customers. Filmed at PTC'17 in Honolulu, Hawaii. https://youtu.be/PmiYRtvyp74...

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NeoPhotonics Samples PAM4-based 400G Pluggable CFP8 Transceiver Module

NeoPhotonics has begun sampling its 400G CFP8 transceiver modules for data center interconnection and client side telecom applications. NeoPhotonics said its 400G PAM4 (4-level Pulse Amplitude Modulation) CFP8 module, which represents the first step on the company's 400G roadmap, leverages its high speed component technologies, including its 28 Gbaud high performance and low power EMLs (Electro-absorption Modulated Lasers) as well as its high speed...

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Nokia Bell Labs Forms R&D Pact with University of Oulu

Nokia Bell Labs has entered into a research collaboration agreement with University of Oulu in Finland. The Joint Center for Future Connectivity aims to be a world leader in developing future 10X technologies – disruptive ideas with ten times greater impact than the state of the art today – for the new digital era, where networks will have seemingly infinite capacity, much greater energy efficiency, heightened application awareness and built-in...

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IDT to acquire GigPeak for $250m for Optical Interconnects

Integrated Device Technology (IDT) of San Jose, California and GigPeak, a supplier of semiconductor ICs and software for high-speed connectivity and video compression over the network and in the cloud, announced that they have signed a definitive agreement for IDT to acquire GigPeak for $3.08 per share, or approximately $250 million, in cash, representing a premium of approximately 22% to GigPeak's closing share price on February 10th. Under the...

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Liquid Telecom acquires South Africa's Neotel

Liquid Telecom, a unit of South Africa–based Econet Global has announced that it has completed the acquisition of South African network operator Neotel for approximately ZAR 6.55 billion (approximately $491 million), further expanding its position as a pan-African telecoms company. Liquid Telecom acquired Neotel from India's Tata Communications and minority shareholders led by Nexus Connexion. Liquid Telecom joined with 30% equity partner Royal...

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