OIDA Showcase set for 18 - 20 August

The OSA Industry Development Associates (OIDA) will host the first all-virtual Technology Showcase for member companies to present their latest innovations in optics and photonics and solutions to global challenges, 18 – 20 August 2020. Over the course of the three-day virtual event, nine companies will each have 15 minutes to demonstrate their technologies to a worldwide audience and engage with attendees in breakout rooms for networking and in-depth...

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Orange enters strategic partnership with Google Cloud

Orange has entered into a strategic partnership with Google Cloud. The collaboration aims to accelerate the transformation of Orange’s IT infrastructure and the development of future cloud services, in particular edge computing. Under the partnership, Google will provide its know-how in cutting-edge cloud technologies, world-class analytics and AI tools, as well as proven digital transformation methodology and dedicated resources. Orange will contribute...

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Greece's OTEGLOBE upgrades IP backbone with Cisco 400G line cards

OTEGLOBE is upgrading its Cisco ASR 9900 routers with 400G Cisco ASR 9900 5th Generation Line Cards. Headquartered in Athens, Greece, OTEGLOBE is a network backbone operator delivering transport, peering, and interconnect services throughout South-eastern Europe. It is also the wholesale carrier that reaches Western Europe through Greece over a fully mesh optical backbone network. “At OTEGLOBE, we are determined to continue to lead the industry...

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SiTime debuts MEMS oscillator for 100G - 800G optical modules

SiTime has begun sampling a differential MEMS oscillator for use in 100G - 800G optical modules used in data center switches, telecom routers, edge servers, AI/graphics cards, and storage controllers. The new SiT9501 differential MEMS oscillator which is based on SiTime’s newly launched third generation MEMS technology. “Over the past 15 years, SiTime has developed and shipped two generations of MEMS resonators that are used in all our oscillator...

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SPIE and University of Glasgow announce quantum photonics program

SPIE, the international society for optics and photonics, and the University of Glasgow announced the establishment of the SPIE Early Career Researcher Accelerator Fund in Quantum Photonics. A $500,000 gift from the SPIE Endowment Matching Program will be matched 100% by the University. The program will support a diverse group of graduate students working in the field of quantum photonics and will be managed by Professor Daniele Faccio, Royal Academy...

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CyrusOne says data center leasing market remains strong

CyrusOne reported revenue of $256.4 million for the second quarter, compared to $251.5 million for the same period in 2019, an increase of 2%. The increase in revenue was driven primarily by a 7% increase in occupied CSF, lease termination fees totaling $3.0 million, and additional interconnection services, partially offset by the impact of equipment sales and rent churn. Revenue in the second quarter of 2020 included $6.9 million of equipment sales,...

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ServiceNow is now on a $4 billion subscription annual run rate

ServiceNow reported Q2 subscription revenues of $1,016 million, representing 30% year-over-year growth, 32% adjusted for constant currency. Net income was $41 million, or $0.21 per share. During the quarter, ServiceNow closed 40 transactions with more than $1 million, including two transactions over $10 million, in net new annual contract value (ACV). The company now has 964 total customers with more than $1 million in ACV, representing 26% year-over-year...

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Ermetic raises $17 million for cloud policy management

Ermetic, a start-up with offices in Palo Alto and Tel Aviv, raised $17.25 million in Series A funding for its work in cloud access risk mitigation Ermetic says its analytics-based solution prevents cloud data breaches by automating the detection and remediation of identity and access risks in Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) offerings from Amazon, Google and Microsoft. It automatically discovers all human and machine...

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MACOM posts revenue of $137 million, up 27% yoy

MACOM reported revenue of $137.3 million, an increase of 26.7% compared to $108.3 million in the previous year fiscal third quarter and an increase of 8.6% compared to $126.4 million in the prior fiscal quarter. Gross margin was 51.6%, compared to 31.2% in the previous year fiscal third quarter and 50.1% in the prior fiscal quarter. Net loss was $25.0 million, or $0.37 loss per diluted share, compared to net loss of $324.7 million, or $4.95 loss...

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PacketFabric appoints Dedicoat as chair, former Cisco EVP WW sales

PacketFabric appointed Chris Dedicoat, the former executive vice president of worldwide sales for Cisco, as chairman of the PacketFabric board. Dedicoat has more than 25 years of sales and marketing experience in the networking, hardware, software and technology industries. His innovative and effective sales strategies contributed to Cisco’s leadership position in the market. Dedicoat currently sits on the board of directors for RStor, a leading...

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