Monday, November 12, 2018

II-VI to acquire Finisar in $3.2 billion deal

II-VI agreed to acquire Finisar in a cash and stock deal valued at approximately $3.2 billion, creating one of the largest photonics and compound semiconductor companies. The deal, which has been approved by the boards of both companies, brings together two optical networking industry leaders serving the broad set of fast-growing markets of communications, consumer electronics, military, industrial processing lasers, automotive semiconductor equipment...

IDC: Worldwide telecom service revenue is flat -- 0.6% growth for 2018

Worldwide spending on Telecom Services and Pay TV Services will increase by 0.6% in 2018 (in constant dollar terms) to $1.65 trillion, according to the IDC Worldwide Telecom Services Database, a notable decrease compared to the rate recorded in 2017 (1.2%). IDC says the dip is mostly the consequence of new accounting rules introduced since the start of this year: mobile operators are now obliged to completely exclude their handset sales revenues...

AWS launches 2nd GovCloud Region (US-East)

Amazon Web Services announced the launch of the AWS GovCloud (US-East) Region, its second GovCloud infrastructure region in the United States. The AWS GovCloud is an isolated infrastructure region designed to meet the stringent requirements of the public sector and highly regulated industries, including being operated on US soil by US citizens, and are accessible only to vetted US entities and root account holders who must confirm they are US persons. The...

Intel confirms 5G modem for second half of 2019

Intel confirmed that its upcoming 5G modem chip will ship in the second half of 2019, meaning that 5G phones, PCs and broadband access gateways incorporating the device should hit the market in the first half of 2020. The updated timeline is more than a half-year earlier than previous guidance. The Intel XMM 8160 5G modem will support the new 5G New Radio (NR) standalone (SA) and non-standalone (NSA) modes as well as 4G, 3G and 2G legacy radios...

SC18: CenturyLink and Infinera deliver capacity to SCinet

CenturyLink and Infinera are collaborating to deliver multi-terabit capacity for connecting SCinet, the dedicated high-capacity network at the SC18 conference at the Kay Bailey Hutchison Convention Center in Dallas, with wide area networks in several cities, including Chicago, Los Angeles, Miami, Seattle, Sunnyvale and Washington, D.C. The installation demonstrates CenturyLink’s rapid provisioning of 100 gigabit services. CenturyLink operates a...

SC18: Mellanox connects 53% of overall TOP500 systems

Mellanox Technologies' InfiniBand and Ethernet solutions connect 53% of overall TOP500 platforms or 265 systems, demonstrating 38% growth within 12 months (Nov’17-Nov’18). Furthermore, InfiniBand accelerates the top three supercomputers on the TOP500 list: the fastest High-Performance Computing (HPC) and Artificial Intelligence (AI) supercomputer in the world deployed at the Oak Ridge National Laboratory, the second fastest supercomputer in the US...

Lumentum trims guidance after customer cuts order for laser diodes

Lumentum trimmed its guidance for its fiscal second quarter 2019 after a large customer cut its order for laser diodes for 3D sensing. "We recently received a request from one of our largest Industrial and Consumer customers for laser diodes for 3D sensing to materially reduce shipments to them during our fiscal second quarter for previously placed orders that were originally scheduled for delivery during the quarter," said Alan Lowe, President...

Orange's Stéphane Richard elected Chair of GSMA

The GSMA elected Stéphane Richard to serve as Chairman of its Board for the two-year period from January 2019 through December 2020. As GSMA Chair, Richard will oversee the strategic direction of the organisation, which represents more than 750 of the world’s mobile operators, as well as over 350 companies in the broader mobile ecosystem. Richard is Chairman and Chief Executive Officer of Orange Group. He replaces Sunil Bharti Mittal, Founder and...

EE activates nine 5G trial sites in London

EE, the UK’s number one mobile network and part of BT Group, activated nine 5G trial sites are now live across East London. The company also has a live 5G trial site in Canary Wharf, and new device functionality is being tested in its state-of-the-art Borehamwood test lab. EE said its preliminary 5G work has so far encompassed every element of building a new 5G network, from obtaining planning permission and access agreements, through to managing...

Keysight validates Over-the-Air test method for 5G Base Stations

Keysight Technologies announced the validation of an Over-the-Air (OTA) test method for evaluating the radio frequency (RF) performance of 5G base stations in collaboration with the China Academy of Information and Communications Technology (CAICT) and Tsinghua University. The collaboration between Keysight, CAICT and Tsinghua University was established to accelerate the development and deployment of 5G networks in support of the Phase I Step 3...

Cable ONE to acquire Clearwave Communications, a fiber operator in southern Illinois

Cable One agreed to acquire Clearwave Communications, a facilities-based service provider that owns and operates a high-capacity fiber network offering dense regional coverage in southern Illinois, in an all-cash transaction. Financial terms were not disclosed. Clearwave has more than 2,400 route miles of dense metro fiber infrastructure connecting approximately 2,700 on-net businesses, towers and data centers. Clearwave is headquartered in Harrisburg,...