Thursday, January 14, 2021

Google Cloud and Nokia announce Telco Cloud Partnership

Google Cloud and Nokia announced a global, strategic partnership focused on cloud-native solutions for communications service providers (CSPs), including a cloud-native 5G Core and a network edge for business services.Under this partnership, Google Cloud and Nokia will work closely to validate, optimize and evolve cloud-native network functions, and the two companies will also co-innovate new solutions that will help CSPs deliver 5G connectivity...

Cisco and Acacia reach new merger deal - $4.5B vs $2.6B

Cisco and Acacia Communications reached a new deal under which Cisco will pay $115 per share in cash, or for approximately $4.5 billion on a fully diluted basis, to acquire Acacia.The companies believe the acquisition can be completed by the end of this quarter."I am delighted that Cisco and Acacia have decided to come together in this mutual deal," said Chuck Robbins, chairman and CEO, Cisco. "We look forward to welcoming Raj and the Acacia team...

IDC: Private LTE/5G infrastructure market to reach $5.7 billion in 2024

 Worldwide revenue attributable to the sales of private LTE/5G infrastructure will grow from $945 million in 2019 to an estimated $5.7 billion in 2024 with a 5-year compound annual growth rate (CAGR) of 43.4%, according to International Data Corporation (IDC) . This includes aggregated spending on RAN, core, and transport infrastructure."Private LTE infrastructure is already used by select verticals worldwide to solve mission-critical networking...

Versa Networks now serves 100s of thousands of sites with SD-WAN

Versa Networks reported a record year for 2020 which saw sales nearly double with hundreds of thousands of sites and tens of millions of end users across thousands of Enterprises worldwide. The privately-held company said it doubled registered channel partners around the world in 2020, increased its workforce by 25 percent and grew to 150 Service Providers, including seven of the world’s top 10, who have standardized on Versa.“Versa customers...

Nokia selected for U.S 5G Cybersecurity Project

Nokia has been selected as a technology provider for the National Cybersecurity Center of Excellence (NCCoE) 5G Cybersecurity Project. Nokia will provide software, 5G RAN and core solutions, and IP-Backhaul, as well as innovations from Nokia Bell Labs.The 5G Cybersecurity Project will identify a number of 5G use cases and demonstrate how the components of the 5G architecture can provide security capabilities to mitigate identified risks and meet...

Lightpath appoints Chris Morley as CEO

Lightpath, which serves the greater New York Metropolitan area, has appointed Chris Morley as its new chief executive officer. Morley has more than 20 years of experience in the communications infrastructure and telecommunications industry, most recently serving as senior operating advisor for Stonepeak Infrastructure Partners. Prior to that, Morley spent nearly a decade at Zayo Group, a leading communications infrastructure provider in the US, Canada...

Advantech joins O-RAN Alliance

Advantech has joined the O-RAN ALLIANCE, a world-wide community of mobile network operators, vendors, and institutions that works to re-shape the Radio Access Network (RAN) industry. Advantech brings to the O-RAN ALLIANCE ecosystem its white-box hardware provider expertise as well as the Advantech SKY-8000 Series of 5G Edge Servers that integrates lessons learnt from over 20 years of experience designing carrier-grade hardware for leading telecom...