Aquantia rises 6% in IPO, raising $61m for its 10GBase-T PHYs

The share price of Aquantia, which offers 10GBASE-T PHY and other Ethernet solutions, rose 6% on its first day of trading on the NYSE under the symbol "AQ" to close at $9.51. The company sold 6,818,000 shares of its common stock in the IPO, raising $61 million. Aquantia is based in San Jose, Californi...

Read More

Telia Carrier activates PoP in QTS' mega data center

Telia Carrier activated a connectivity node in QTS' mega data center in Richmond, Virginia. The data center is a 1.3 million square foot facility with more than 550,000 square feet of raised floor capacity. The 220-acre QTS campus features 12 megawatts currently available with the ability to expand to more than 400 megawatts. Telia Carrier's extensive fiber network and advanced network services further expand QTS' ability to provide low latency...

Read More

Continental acquires Argus Cyber Security

Continental has acquired Argus Cyber Security (Argus), a start-up focused on vehicle cyber security. Financial terms were not disclosed. Argus, which was founded in 2013, is headquartered in Tel Aviv, Israel and has a team of more than 70 people. The company has 38 granted and pending patents in the area of cyber security for automobiles. Continental said the acquisition the acquisition will help it to better address the needs of vehicle manufacturers...

Read More

Broadcom to move HQ back to U.S. from Singapore

Broadcom announced plans to re-establish itself as a U.S. corporation. It is currently domiciled in Singapore for tax purposes. Broadcom said the redomiciliation will occur whether or not there is corporate tax reform in the United States, although the final form and timing of the redomiciliation will be affected by any corporate tax reform. Hock Tan, Broadcom's president and CEO, announced the decision at a White House event with President Trump. “We...

Read More