Cisco to acquire ThousandEyes for real-time Internet visibility

Cisco agreed to acquire privately-held ThousandEyes, a provider of real-time visibility tools for the delivery of applications and services over the Internet. Financial terms were not disclosed. ThousandEyes, which is headquartered in San Francisco, was founded in 2010 by Mohit Lad and Ricardo Oliveira who had worked together during grad school in the UCLA Internet Research Lab to visualize Autonomous System topologies. T ThousandEyes vantage points...

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OpenRoaming envisions a globally available Wi-Fi federation

The Wireless Broadband Alliance (WBA) activated "OpenRoaming", a globally-available Wi-Fi federation with support from Boingo, Broadcom, Cisco, Deutsche Telekom, Google, Intel, Orange and Samsung, amongst others. WBA OpenRoaming offers an automatic and secure connection potentially to billions of devices across millions of Wi-Fi networks. The idea is to make it easier for users to join public Wi-Fi networks without needing to search for them, or...

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Investors pour $100 million into Ligado for its terrestrial L-Band network

Ligado Networks announced more than $100 million in new investments to begin taking the necessary steps to build 5G IoT networks. “With this new round of capital, we are better prepared than ever to do exactly what we’ve said: get this mid-band spectrum deployed to support the next-generation wireless networks needed to bring America’s critical infrastructure and essential services into the 21st century,” said Ligado CEO Doug Smith. “The investments...

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Zayo to supply diverse wavelength network to pharmaceutical company

Zayo has been selected to provide a diverse wavelength solution to a leading, global pharmaceutical company. The diverse wavelength solution will provide core network infrastructure and upgraded capacity to support the company’s data analytics, research collaboration and product innovation.  Zayo will also provide IP transit and zColo data center space. Zayo said the deal underscores how the pharmaceutical and biotechnology sector are driving...

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VMware sales rise 12% YoY as subscription and SaaS revenue grows

VMware reported quarterly revenue of $2.73 billion, an increase of 12% from the first quarter of fiscal 2020. GAAP net income for the first quarter was $386 million, or $0.92 per diluted share, compared to $380 million, or $0.89 per diluted share, for the first quarter of fiscal 2020.  Non-GAAP net income for the first quarter was $640 million, or $1.52 per diluted share, up 21% per diluted share compared to $535 million, or $1.25 per diluted...

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OneWeb looks to increase its constellation up to 48,000 satellites

OneWeb, which filed for Chapter 11 bankruptcy protection in March, is now asking the FCC for permission to increase the size of its planned constellation up to 48,000 LEO satellites. OneWeb said a larger constellation will allow for greater flexibility to meet soaring global connectivity demands. To date, OneWeb has successfully launched 74 satellites and developed a significant portion of its ground network. In August 2019, OneWeb met the requirements...

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Marvell posts sales of $694 million citing growth in data center and 5G

Marvell Technology Group reported quarterly revenue of $694 million, which exceeded the midpoint of the company's guidance provided on March 4, 2020. GAAP net loss for the first quarter of fiscal 2021 was $(113) million, or $(0.17) per diluted share. Non-GAAP net income for the first quarter of fiscal 2021 was $118 million, or $0.18 per diluted share. Cash flow from operations for the first quarter was $176 million. "In a challenging environment,...

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