Megaport Cloud Router deliver L3 connectivity

Megaport introduced a virtual router service that enables customers to rapidly and privately connect at Layer 3 without the need to own or manage routers or physical infrastructure. The Megaport Cloud Router (MCR) aims to make it easier for companies to connect to cloud services, expand their service footprint through virtual Points of Presence (PoPs), and peer with ecosystem partners worldwide. It does so by removing the need to own physical routers...

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Zayo acquires Optic Zoo for fiber network in Vancouver

Zayo Group has acquired Vancouver-based Optic Zoo Networks for CAD $31 million. Optic Zoo owns and operates high-capacity fiber in Vancouver, British Columbia and has achieved a significant penetration of customers, with a focus on the digital media sector. The network spans 103 route miles and 100 on-net buildings through the city. Zayo said Optic Zoo is expected to generate CAD $1.9M in annualized EBITDA for the quarter ended March 31, 2018....

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Nokia wins supply contract for NTT’s 5G launch

NTT DOCOMO, Japan's largest mobile operator, selected Nokia to supply 5G baseband products in support of its 5G mobile network launch, which is planned to be in commercial service by 2020. Specifically, Nokia will integrate its 5G New Radio (5G NR)-based AirScale hardware in the network. Based on the agreement, Nokia will support NTT DOCOMO in the evolution of its network from 4G/LTE to 5G, providing technology based on the new 3GPP-compliant 5G...

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Sabey Data Center adds antenna superstructure to Manhattan facility

Sabey Data Center Properties, which is one of the largest privately owned multi-tenant data center owner/developer/operators in the U.S. with over 3 million square feet, has deployed a $1 million-dollar antenna superstructure atop Intergate.Manhattan, its 560-foot-tall facility at 375 Pearl Street in Lower Manhattan. The antenna was placed through an alliance with New York-based Repeater Communications Group. Sabey will market and manage the antenna. The...

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IBM and Salesforce extend their growing alliance

IBM and Salesforce are working to integrate IBM Cloud and Watson services with Salesforce Quip and Salesforce Service Cloud Einstein to enable companies to connect with their customers and collaborate more effectively with deeper insights. In addition, Salesforce has named IBM a preferred cloud services provider and IBM has named Salesforce its preferred customer engagement platform for sales and service. "Naming IBM as a Salesforce preferred...

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A second successful launch for Rocket:ab from NZ

Rocket Lab successfully completed its test launch from its from the Māhia Peninsula in New Zealand. The Electron rocket reached orbit and deployed customer payloads at 8 minutes and 31 seconds after lift-off. “Today marks the beginning of a new era in commercial access to space. We’re thrilled to reach this milestone so quickly after our first test launch,” says Rocket Lab CEO and founder Peter Beck. “Our incredibly dedicated and talented team...

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Elliott comments on Qualcomm's extended tender for NXP

Elliott Advisors (UK) published an advisory letter to investment funds that now collectively hold an increased economic interest in NXP Semiconductors N.V. of approximately 6.6%. The advisory argues that that NXP is of significant strategic importance to QUALCOMM Incorporated (“Qualcomm”) and that such a transaction will deliver substantial value to Qualcomm shareholders at prices meaningfully higher than Elliott’s own assessment of standalone intrinsic...

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