TAT-14 subsea cable to be removed following decommissioning

TAT-14, which is a consortium transatlantic cable system that entered service in 2001, is being decommissioned and removed. Commercial service on the TAT-14 system ended in December 2020.Subsea Environmental Services and Red Penguin Associates (advisors) have been awarded the contract to decommission TAT-14. This includes removal and recycling of shore-ends in the US, UK, France, Denmark and The Netherlands as well as the deep-water segments...

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Molex ramps up its copper and optical interconnect portfolio

Molex is scaling global deployments of its high-speed copper and optical interconnects and modules, including with a new  112G Active Electrical Cable (AEC) and ramping the manufacturing ot its 100G and 400G transceiver line. CopperMolex has added the new 112G Active Electrical Cables (AEC) to its line of copper interconnect solutions that extend link reach at higher data rates. AEC increases reach up to five meters without requiring optical...

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University of Surrey: silicon could be a photonics game-changer

Silicon is an outstanding candidate for developing new types of devices for controling multiple light beams, according to new research from the University of Surrey, suggesting new possibilities for the production of lasers and displays.The researchers found that silicon possesses the strongest nonlinearity for manipulating laser beams – for example, changing their colour. Ben Murdin, co-author of the study and Professor of Physics at the University...

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Nokia's financial performance improves in Q1 2021

Nokia reported Q1 2021 sales of EUR 5.076 billion, up 3% over the same period last year, and up by 9% at constant currency. Gross margin rose to 37.9% from 35.3% a year earlier. There was an operating profit of EUR 431 million, compared with a loss of EUR 76 million a year ago.Pekka Lundmark, president and CEO of Nokia, comments: "We have delivered a robust start to the year with strong net sales, operating margin and cash flow. Today’s results demonstrate...

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American Tower sales rise 8.3% year-over-year

American Tower reported total Q1 2021 revenue of $2,159 million, up 8.3% compared to the same period last year. Net income amounted to $652 million, up 56% compared to last year.Tom Bartlett, American Tower’s Chief Executive Officer, stated, “We began 2021 by entering into the Telxius Towers transaction, which we expect to be transformational for our European business. Our global teams followed that by delivering a strong quarter, highlighted by...

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NeoPhotonics posts Q1 sales of $60.9M, cites growing demand for 400G

NeoPhotonics reported Q1 2021 revenue of $60.9 million, down 11% quarter-over-quarter and 37% year-over-year. The gross margin was 21.9%, down from 22.7% in the prior quarter. There was a Non-GAAP net loss per share was $0.15, compared to a Non-GAAP net loss of $0.14 per share in the prior quarter.The company said sales of products for 400G and above applications grew 134% year-over-year. Also, during the quarter, NeoPhotonics announced the successful...

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Wasabi scores $112M for cloud storage that's cheaper than AWS S3

Wasabi, a start-up based in Boston, announced $112 million in Series C funding for its cloud-based, object storage service.Wasabi is offering a cloud storage service claimed to be 1/5th the cost of Amazon S3, with zero fees for egress or API requests.Wasabi said its revenue and storage under management has also tripled in the last year with deployed storage recently passing one exabyte. The company has 22,000 customers worldwide, and Wasabi’s channel...

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Vectra AI raises $130 million for automated threat detection/response

Vectra AI, a start-up based in San Jose, California, announced $130 million in new funding for its work in automated cyber threat detection and response. The company's mission is "to see and stop threats before they become breaches."“Over the past year, we have witnessed a continuous series of the most impactful and widespread cyberattacks in history. To protect their employees and digital assets, our customers require security solutions that are...

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Altibox deploys 800G with Ciena’s Waveserver 5

Altibox, one of the largest regional operators in Norway and Denmark, is utilizing Ciena’s Waveserver 5 coherent optical solution, including its 6500 flexible grid colorless, directionless, contentionless open line system, to create a robust and flexible network for cloud providers, global webscale providers and large enterprises at speeds up to 800G.Ciena’s coherent optical solution enables Altibox Carrier to support new high bandwidth routes that...

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IBM to acquire Turbonomic for app performance assurance

IBM agreed to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. Financial terms were not disclosed. Media reports valued the deal at between $1.5 billion and $2.0 billion.IBM said the acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources – such as...

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