Wednesday, February 21, 2018

Antin Infrastructure Partners to acquire FirstLight

Antin Infrastructure Partners (Antin) agreed to acquire FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast U.S., from Oak Hill Capital Partners IV. Financial terms of the transaction were not disclosed. Antin is a leading independent private equity firm focused on infrastructure investments. FirstLight originally started as an Albany, New York-focused fiber provider and expanded through the acquisitions...

Angola Cables interconnects in Florida with Fiberlight

FiberLight will provide backhaul connectivity in the U.S.for Angola Cables. The partners will leverage the recently completed 10,556-km Monet cable linking Florida to Brazil, which is capable of delivering a minimum of 64 Tbps of capacity. Angola Cables operates two fiber optic pairs within the Monet cable system, one transmitting data from Fortaleza, Brazil to U.S. shores and the other carrying traffic to Sao Paulo, Brazil. “The link-up with...

Bosch enters ridesharing business

Bosch, which is one of the world's leading suppliers of automotive subsystems, announced its entrance into the ridesharing business and its acquisition of Splitting Fares, a start-up based in Detroit that operates a platform that allows companies, universities, and municipal authorities to offer their workforces ridesharing services. Financial terms were not disclosed. The SPLT app connects people who share the same route to their place of work...

Accedian acquires Performance Vision for network and app performance mgt

Accedian has acquired Performance Vision, a company based in Paris that specializes in network and application performance management (NPM/APM). Financial terms were not disclosed. Accedian said Performance Vision’s exceptional wire data analytics complements its own SkyLIGHT active monitoring platform, bringing visibility of all applications, transactions, and network components together. The solution delivers actionable insight generated by analyzing...

Broadcom trims its offer for Qualcomm to $79 per share

Broadcom trimmed its offer to acquire Qualcomm from $82 to $79 per share, but said it is still committed to pursuing the deal. The offer consists of $57 in cash and $22 in Broadcom shares. The decision to cut the price follows Qualcomm's decision to increase its offer to acquire NXP Semiconductor from $110 to $127.50 per share. Broadcom's proposed merger agreement otherwise remains unchanged, including the $8 billion regulatory reverse termination...

CyrusOne hits Q4 revenue of $180.5 milllion

CyrusOne reported Q4 revenue of $180.5 million, compared to $137.4 million for the same period in 2016, an increase of 31%. The increase in revenue was driven primarily by a 49% increase in leased CSF and additional interconnection services. Q4 net income was $2.8 million, compared to net income of $0.8 million in the same period in 2016. Some highlights: In Q4, CyrusOne leased 9MW and 86,000 colocation square feet, totaling $18 million in annualized...

Napatech adds TRex traffic generating to its FPGA-powered SmartNICs

Napatech announced support for TRex on its FPGA-powered SmartNICs, enabling lossless, high-performance traffic generation at all speeds up to 100GigE. TRex is an open source traffic generator, widely deployed across industries to test, benchmark and debug networks. "When developing high-performance networking equipment, you constantly need the ability to generate traffic at ultra-high speeds over complex real-world traffic patterns. By running...

Swisscom tests network slicing with Ericsson

Swisscom and Ericsson are collaborating on end-to-end network slicing for critical communications in a joint project to deploy and explore new use cases for 4G and 5G. The two companies plan to demonstrate how end-to-end network slicing can be implemented on Ericsson’s 4G and 5G network solutions at the upcoming Mobile World Congress. The demonstration will use commercially available features in the Ericsson radio access network, such as RAN slicing...

Profile of the Telecoms market in Kenya - part 3

Preamble: After nearly a week of blocking broadcasts of Kenya's leading television stations, Kenyan authorities have relented and allowed most of the broadcasters to resume operations. In this series of articles, we profile the vibrant telecommunications market in Kenya. See part 1, part 2, part 3, part 4, part 5, part 6\ SECTION 3——Regulatory activities of Communications Authority of Kenya In mid-August 2015, Kenya’s Business Daily reported that following a dispute which had already gone on for three years Airtel...