Monday, July 12, 2021

Microsoft and NEC expand strategic partnership

Microsoft and NEC announced a new multi-year strategic partnership focused on Microsoft Azure, Microsoft 365 and NEC’s 5G, network and IT expertise.Key points:NEC will adopt Microsoft Azure as its preferred cloud platform to help customers transform their business models and empower employees with more personalized work styles in the post-pandemic world.  NEC will migrate its on-premises IT environment to Azure and deploy Azure Virtual...

Halo acquires 2 more companies: ARIA and Solid Optics

 Halo Technology Group has further broadened its optical portfolio by acquiring two companies: ARIA Technologies, an designer, manufacturer, and provider of fiber optical connectivity solutions headquartered in the San Francisco Bay Area, and Solid Optics, a global provider of fiber optic transceivers, high-speed cabling, and passive and active networking technology headquartered in Almere, Netherlands. Financial terms were not disclosed.The...

U.S. charges fiber laser expert with espionage over DARPA project

A U.S. federal grand jury has indicted Mr. Ji Wang on charges of economic espionage, theft of trade secrets, and violating the International Emergency Economic Powers Act (IEEPA).The case relates to Wang's work on a fiber laser research and development project initiated by the Defense Advanced Research Projects Agency (DARPA). On July 1, 2016, Wang is alleged to have downloaded and copied nonpublic and restricted DARPA project files onto a personal...

Google Cloud CA Service enters general availability

Google Cloud Certificate Authority Service has entered general availability status.Google Cloud CAS provides a highly scalable and available private CA to address the unprecedented growth in certificates in the digital world. Google says the exponential growth in certificates is being driven by the rise of cloud computing, moving to containers, the emergence of pervasive high-speed connectivity,  the proliferation of Internet-of-things (IoT)...

Netskope raises $300 million for SASE

Netskope closed a new $300 million investment round for its SASE solutionsThe latest funding round was led by existing investor ICONIQ Growth and included all other major existing Netskope investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital. Following this significantly oversubscribed investment round, Netskope has achieved a post-money valuation of $7.5...

Microsoft to acquire RiskIQ

Microsoft agreed to acquire RiskIQ, a leader in global threat intelligence and attack surface management. Financial terms were not disclosed, however, media reports suggested the price exceeded $500 million.RiskIQ helps customers discover and assess the security of their entire enterprise attack surface—in the Microsoft cloud, AWS, other clouds, on-premises, and from their supply chain. In addition, RiskIQ offers global threat intelligence collected...

Ekinops posts record 1H2021 revenue of EUR50.8m

Ekinops reported consolidated revenue of €27.6m in Q2 2021, a 12% increase compared with Q2 2020. At constant exchange rates, quarterly growth comes out at 14%. Revenue for the first half of the year amounted to €50.8 million, up 11% over the same period last year.Ekinops said all its Group product lines (Optical Transport, Access and Software) posted growth and contributed to the solid half-year performance. Optical Transport demonstrated particularly...

Qualcomm names Don McGuire as CMO

Qualcomm appointed Don McGuire as senior vice president and chief marketing officer (CMO), reporting directly to Cristiano Amon, president and CEO, effective immediately. Penny Baldwin, senior vice president and chief marketing officer who joined Qualcomm in 2017, will continue to serve in an advisory role to support the transition along with other marketing initiatives until her retirement later in the year.McGuire joined Qualcomm in 2016 as vice...

Sierra Wireless appoints Phil Brace as president and CEO

Sierra Wireless appointed Phil Brace as its new President and CEO, effective July 26, 2021, replacing Kent Thexton, will stay on at Sierra Wireless until August 13, 2021 to complete the transition.Brace was most recently Executive Vice President at Veritas Technologies. His previous executive roles include President of Seagate Technology’s Cloud Systems and Electronic Solutions, Executive Vice President at LSI Corporation, and General Manager at...