Wednesday, December 1, 2021

Meta deepens relationship with AWS as a strategic cloud provider

 Meta (formerly Facebook) has deepened its relationship with AWS as a strategic cloud provider to complement its existing on-premises infrastructure. Meta confirmed that it plans to broaden its use of AWS compute, storage, databases, and security services to provide privacy, reliability, and scale in the cloud. Meta will run third-party collaborations in AWS and use the cloud to support acquisitions of companies that are already powered...

Amphenol acquires Halo Technology - optical components

Amphenol has acquired Halo Technology Limited for approximately $715 million.Halo, which is based in Tustin, California with operations in North America and Europe, is a supplier of active and passive fiber optic interconnect components for the communications infrastructure markets with expected 2021 sales of approximately $250 million.“We are excited to welcome the entire Halo Technology team to the Amphenol family,” said R. Adam Norwitt, Amphenol’s...

Google Cloud activates Santiago cloud region, expands near Tel Aviv

Google Cloud announced operational status for its new Santiago cloud region. The new infrastructure is Google's first cloud region in Chile and second in South America, complementing São Paulo, which opened in 2017. Google also announced that its forthcoming Google Cloud region in Israel will be located near Tel Aviv.  Recently, Google Cloud was selected by the Israeli government to provide public cloud services to all government entities...

Credo intros 3.2Tbps DSP chiplet with 56Gbps lane rates

Credo released its new 3.2Tbps BlueJay retimer chiplet for providing system-level connectivity with 64 lanes of 56Gbps PAM4 LR DSP connectivity. BlueJay communicates with the MCM system-on-chip (SoC) core on the host side using an ultra-low-power Bunch of Wires (BoW) die-to-die interface. The wide-bus BoW interface is optimized for the TSMC CoWoS packaging technology designed for high-performance computing applications. On the line side, the...

8x8 to acquire Fuze for cloud communications

8x8 agreed to acquire Fuze, a provider of cloud-based communications for the enterprise, for approximately $250 million in stock and cash.Fuze has global operations dedicated to a seamless customer experience between unified communications and contact center. Fuze is based in Boston.8x8, which is based in Campbell, California, said the deal will accelerate its XCaaS (eXperience Communications as a Service) innovation and expand its enterprise customer...

Snowflake cloud data revenues rise 110% to $334 million

Snowflake, which offers a cloud data platform, reported revenue of $334.4 million for its third quarter of 2021, representing 110% year-over-year growth. Product revenue, which is primarily derived from the consumption of compute, storage, and data transfer resources, for the quarter was $312.5 million, representing 110% year-over-year growth. Remaining performance obligations were $1.8 billion, representing 94% year-over-year growth. Net revenue...