AWS activates Asia Pacific (Hong Kong) Region

Amazon Web Services activated a new AWS Asia Pacific (Hong Kong) Region, its eighth active AWS Region in Asia Pacific and mainland China along with Beijing, Mumbai, Ningxia, Seoul, Singapore, Sydney, and Tokyo. The AWS Asia Pacific (Hong Kong) Region offers three Availability Zones at launch. AWS Regions are comprised of Availability Zones, which are technology infrastructure in separate and distinct geographic locations with enough distance to...

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SoftBank looks to solar-powered aircraft, partnership with Google Loon

SoftBank is launching a High Altitude Platform Station (HAPS) business through HAPSMobile, a joint venture between SoftBank and US-based company AeroVironment. HAPSMobile has developed an unmanned aircraft called “HAWK30 that will serve as a telecommunications platform at altitudes of approximately 20 kilometers. The aircraft will function like telecommunication base stations to deliver connectivity across wide areas. The “HAWK30” unmanned aircraft...

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Xilinx to acquire Solarflare for SmartNIC solutions

Xilinx agreed to acquire Solarflare Communications, a provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. Financial terms were not disclosed. Xilinx said the acquisition enables it to combine its FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency network interface card (NIC) technology and Onload application acceleration software. The target is new converged SmartNIC solutions,...

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Vapor IO and Crown Castle bring AWS Direct Connect to edge data centers

Vapor IO and Crown Castle announced a service that seamlessly interconnects Vapor IO’s Kinetic Edge with Amazon Web Services (AWS) via Crown Castle’s high-speed Cloud Connect. Customers at Vapor IO’s Kinetic Edge can build edge applications that interconnect with AWS over an operator-grade fiber optic network. “By directly connecting AWS services to applications at the Kinetic Edge, we’re bringing the full power of the cloud to the last mile wireless...

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MACOM misses forecasts, cites tougher cloud business

MACOM Technology Solutions reported preliminary non-GAAP revenue of approximately $121 million, compared to guidance of $134 million to $142 million. Non-GAAP gross margin is expected to be around 49%, which includes $8 million in inventory reserves primarily associated with data center materials, or roughly 600 basis point of gross margin impact. This compares to non-GAAP gross margin guidance of 55% to 57%, which did not reflect the inventory reserve....

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MACOM and Goertek form JV targeting China’s 5G buildout

MACOM Technology Solutions has formed a joint venture company with Goertek, an electronic components company based in Shandong, China, to supply, market and distribute GaN-on-Si based RF Power components into China’s base station market. Goertek will provide total consideration to MACOM of up to $134.6 million, including $30 million up front. MACOM will further be entitled to royalties and dividend preferences in the joint venture. Goertek and MACOM...

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Alibaba Cloud claims No.1 spot for IaaS in Asia Pacific

Alibaba Cloud is claiming the lead market position in Asia Pacific for IaaS (Infrastructure as a Service) and IUS (Infrastructure Utility Services), according to the latest figures from Gartner's Market Share: IT Services, 2018 report. According to this Market Share conducted by global analyst firm Gartner, Alibaba Cloud led the Asia Pacific market for IaaS and IUS with 19.6% market share (+4.7% market share gain from 2017). The technology innovator...

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CoreSite revenue rises 7.2% to $138.9 million

CoreSite reported operating revenues of $138.9 million for Q1 2019, an increase of 7.2% year over year, in line sequentially. Net income was $0.54 per common diluted share decreased $0.05 year over year, in line sequentially. “We’re executing well on our 2019 imperatives to accelerate growth in 2020,” said Paul Szurek, CoreSite’s President and Chief Executive Officer. “This includes substantial progress on our development pipeline, additional financing...

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AT&T cites decline in DirecTV domestic video

AT&T reported Q1 2019 of $44.8 billion versus $38.0 billion in the year-ago quarter, up 17.8%, primarily due to the Time Warner acquisition. AT&T cited declines in legacy wireline services, Vrio, wireless equipment and domestic video. Growth areas included WarnerMedia, domestic wireless services and Xandr. Operating income was $7.2 billion versus $6.2 billion in the year-ago quarter, primarily due to the Time Warner acquisition, with operating...

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F5 pushes transition to software consumption model

F5 Networks reported revenue of $544.9 million for the second quarter of fiscal year 2019, up 2% growth from $533.3 million in the second quarter of fiscal year 2018. GAAP net income for the second quarter of fiscal year 2019 was $116.1 million, or $1.93 per diluted share, and includes $39.5 million in stock-based compensation, $3.5 million in costs related to the announced acquisition of NGINX, $2.6 million in facility exit costs and $1.8 million...

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Ericsson to open "D-Fifteen" Innovation Lab in Silicon Valley

Ericsson will open its a "D-Fifteen" Innovation Lab at its campus in Santa Clara, California.  The lab will pursue innovative ideas and thought leadership based on the principles of: Dare, Design, Deliver. The D-Fifteen name is a tribute to Ericsson founder Lars-Magnus Ericsson, his wife Hilda, and their partner Carl Johan Andersson, who created the company’s first products in a kitchen workshop at Drottninggatan 15 in Stockholm. This was essentially...

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