Zayo to acquire Spread Networks for $127 million

Zayo agreed to acquire Spread Networks for $127 million in cash. Spread Networks is a privately-owned telecommunications provider that owns and operates a 825-mile, high-fiber count long-haul route connecting New York and Chicago. The company currently serves more than 60 customers. Of the 432 fibers available on the route, less than 25 percent are utilized today and the acquisition provides Zayo with overpull rights and additional conduit. The...

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Thoma Bravo to privatize Barracuda Networks for $1.6B

Thoma Bravo, a leading private equity firm, will acquire all shares of Barracuda Networks (NYSE: CUDA) in an all-cash transaction valued at $1.6 billion. Barracuda shareholders will receive $27.55 in cash for each share of Barracuda common stock they hold. The price represents a premium of 22.5 percent to the company's 10-day average stock price prior to Nov. 27, 2017, of $22.49. Barracuda supplies appliance and cloud-enabled solutions for data...

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NTT Com plans data center expansion in Africa

NTT Communications (NTT Com) is looking to deliver its Nexcenter data center service in the African continent. The service will be delivered through Internet Solutions of South Africa, which is a subsidiary of Dimension Data and NTT Communications. The first colocation services will launch in December of this year under the Nexcenter brand at Internet Solutions’ Parklands data center in Johannesburg. The data center will deliver globally-standardized...

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MEF17: The SD-WAN market is opening up

SD-WAN is no longer a conversation just for network operators - the market is opening to a range of new customer experiences, says Mary Stanhope or iMarket2.  There are new opportunities for cloud providers, application providers, and IoT provider to offer SD-WAN to their users. See video:  https://youtu.be/tF-MipHBE1Q ...

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McAfee to Acquire Skyhigh for CASB

McAfee agreed to acquire Skyhigh Networks, a start-up offering a cloud access security broker (CASB), for an undisclosed sum. Skyhigh Networks, which is based in Campbell, California, provides its clients with visibility into content, context, and user activity across SaaS, PaaS and IaaS environments. Skyhigh Networks CEO Rajiv Gupta will join McAfee CEO Chris Young’s leadership team to run McAfee’s new cloud business unit. “Skyhigh Networks had...

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ZTE wins biggest share of China Unicom's IMS project

ZTE Corporation was awarded 47% of the total contract for China Unicom’s IMS project -- the biggest share of the whole project. According to the bidding plan, China Unicom selects top 3 vendors of the ranking as its partners to deploy IMS networks in various provinces for services like VoLTE, one number with multiple devices, VoWiFi, and 5G voice services, etc. ZTE also noted that it won a 70% share of China Mobile’s CM-IMS network VoLTE project...

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AWS rolls out video production toolset

Amazon Web Services is rolling out a new set of tool to help content developers to create scalable video offerings in the cloud. AWS Elemental Media Services include the following individual services: AWS Elemental MediaConvert: Format and compress video-on-demand content for delivery to virtually any playback device, with high-quality video transcoding and broadcast-level features. AWS Elemental MediaLive: Encode broadcast-grade live video for...

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Trend Micro acquires Immunio and for hybrid cloud security

Trend Micro announced the acquisition of Montréal, Canada-based Immunio, a pioneer in real-time web application security (RASP), providing automatic detection and protection against application security vulnerabilities. Financial terms were not disclosed. Immunio's mission is to make truly effective real-time web protection technology easily available and widely deployed, and by doing so, stop the biggest source of breached data records. “We are...

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Aquantia posts Q3 revenue of $26.7 million, up 19% yoy

Aquantia reported Q3 revenue of $26.7 million, an increase of 6.2 percent compared to $25.2 million in the prior quarter, and an increase of 18.6 percent compared to $22.5 million in the third quarter 2016. Total revenue by market for the third quarter 2017 consisted of Data Center revenue of $14.9 million, Enterprise Infrastructure revenue of $10.8 million, Access revenue of $0.9 million, and Automotive revenue of $0.1 million. Gross profit for...

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Toshiba intros 10 TB HDD for video surveillance

Toshiba America Electronic Components introduced a 10 TB hard drive designed for 24/7 streaming operation scenarios, and is typically used for surveillance digital video recorders (SDVR), surveillance network video recorders (SNVR) and Hybrid SDVR. The 3.5-inch drive is optimized to support up to 64 camera streams. Higher capacity and transfer rates enable support for higher resolution camera streams to meet changing compliance mandates for surveillance...

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