Telecoms Market Update: Singapore

by James E. Carroll Singapore, which boasts the world’s highest mobile penetration rate at over 150% and which has been ranked as the most "Tech-Ready Nation" by the World Economic Forum, is often cited as a living laboratory for advanced communication services given the compact size of this city-state and its excellent overall infrastructure. In the telecoms sector, Singapore is a mix of state-owned incumbent operators (SingTel and to a...

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China's BaishanCloud raises US$50m

BaishanCloud, a cloud data services company with offices and R&D centers in Beijing, Seattle, Shanghai, Shenzhen, Xiamen and Guian, raised $50 million in its Series C of private equity financing. Baishan's cloud suite is comprised of cloud delivery, cloud storage, and cloud linkage services. The platform includes data transmission, data storage, data consumption, and data governance capabilities for Internet and enterprise customers. The company...

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NodeSource secures $17.5M in new funding

NodeSource, a start-up based in San Francisco, raised $17.5 million in Series B funding, for its open source Node.js solutions for enterprises. The company's flagship product, N|Solid, is a fully-compatible enhanced Node.js platform designed for mission-critical enterprise applications running server-side JavaScript at scale. Cited customers include Citadel, Comcast, Condé Nast, Delta Airlines, Goldman Sachs, Mastercard, and PayPal. The up-round...

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Xtera sues Nokia and NEC over subsea transmission patents

Xtera has filed legal proceedings against Nokia Corporation, including Alcatel-Lucent, and NEC Corporation citing infringement of its intellectual property in subsea telecommunications systems. Specifically, Xtera's complaint with the U.S. International Trade Commission (“ITC”) alleges that Nokia and NEC "are using its technology illegally and without permission, and seeking to prevent the companies from importing and selling in the U.S. products...

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Orange Business to support ESA's Copernicus data and information access service

Orange Business Services will deliver cloud connectivity services for the European Space Agency's (ESA's) Copernicus project, which will provide free and open access to near-real-time data, models and forecasts about our planet, harvested by a family of dedicated satellites and in-situ observations. Orange is part of the Airbus Consortium, one of the four groups of companies selected for the Copernicus data and information access service (DIAS)...

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Ooma acquires Butterfleye for home security video system

Sunnyvale, California based Ooma, which offers a VoIP service for consumers and small businesses, has acquired Butterfleye, a start-up offering an AI-powered video camera and security platform. Financial terms were not disclosed. Butterfleye raised $1 million in an Indiegogo campaign in 2016 to launch its security camera. The wire-free Butterfleye camera is designed to detect people, pets, and various sounds. The design features advanced battery...

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