MPLS SDN NFV World : Announcing the Programme

The 22nd Edition of the MPLS + SDN + NFV World Congress will take place from 31st March to 3rd April 2020. Here is a summary of the programme.  AI and 5G Impact for Networks: Status & Perspectives  The 2020 agenda covers (1) the impact of AI and 5G on IP/MPLS networks; (2) whether SD-WAN and MPLS are complementary technologies; (3) current encoding options for SR; (4) the impact of 5G and IoT on IP networks; (6) how far disaggregation...

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Veeam to be acquired for $5 billion - cloud back-up solutions

Insight Partners agreed to acquire Veeam Software in a deal valued at approximately $5 billion. Financial details were not disclosed. Veeam Software offers backup solutions that deliver Cloud Data Management. The company, which was founded in 2006 and currently is headquartered in Switzerland, has estimated 2019 revenues of US$1 billion. Veeam has approximately 4,000 employees. Under the ownership of Insight Partners, Veeam will become a U.S....

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Wayfair extends its e-commerce platform on Google Cloud

Wayfair, an $8 billion e-commerce company that sells furniture and home-goods, has selected Google Cloud as the foundation for its new hybrid cloud strategy. Wayfair is partnering with Google Cloud to handle the burst capacity needed to successfully run Way Day—the company's annual furniture and home decor sale that brings in thousands of new customers and involves millions of transactions. Wayfair now uses several different Google Cloud solutions—including...

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American Tower pursues infrastructure in Ghana and Uganda

by Benedict Chua, Assistant Editor American Tower has reached an agreement to acquire with MTN Group's minority stakes in joint ventures in Ghana and Uganda for total consideration of approximately $523 million. The transaction is expected to close in the first quarter of 2020, subject to regulatory approval, and will result in a one-time impact for American Tower of approximately $65 million in 2020 from the payment of previously deferred cash...

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Alitheon raises $14.9 million for machine vision software

Alitheon, a start-up based in Bellevue, Washington, closed $14.9 million in venture capital financing for its machine vision software. Alitheon's FeaturePrint technology transforms how objects, components and finished products are authenticated, tracked and traced across supply chains and distribution systems throughout the world. Once registered by Alitheon's optical artificial intelligence system, any individual item can be subsequently identified...

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