Dell’Oro: Optical Transport Equipment sales for DCI up 13% in Q1

Sales of optical transport equipment used for data center interconnect (DCI) increased 13 percent year-over-year in 1Q 2020, according to a new report from Dell’Oro Group,. The top three vendors — Ciena, Cisco, and Infinera — with a combined share of over 70% benefited the most from the rising demand for data center connectivity. “Data center interconnect continued to be an important application for optical transport equipment, especially in times...

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Canadian court rules extradition process can continue for Huawei exec

A Canadian court has ruled that the extradition process of Huawei CFO Meng Wanzhou to the United States to face fraud charges may continue. The question at hand was whether the case should be dismissed for failing to meet the criteria of "double criminality" -- whether the alleged activity also violates Canadian law. In a press statement, Huawei expressed its disappointment and said it hoped Canada's judicial system would ultimately "prove Ms. Meng's...

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KKR to invest $1 billion in European data center venture

KKR, a leading global investment firm, will make a $1 billion equity capital commitment in the formation of Global Technical Realty (“GTR”), a build-to-suit and roll-up acquisition data center platform in Europe. The plan is to develop and build data centers for large technology companies across Europe.  Franek Sodzawiczny, a leading data center entrepreneur and executive, will lead the venture. Sodzawiczny is the former founder &...

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