Asia Direct Cable lands in Hong Kong

China Telecom Global Limited (CTG)confirmed that the Asia Direct Cable (ADC) has officially landed its Hong Kong segment at SUNeVision's HKIS-1 located at Chung Hom Kok. SUNeVision is the number one data centre provider and connectivity hub in Hong Kong.With multiple fiber pairs, the ADC subsea cable system has a design capacity of over 140 Tbps. The  system serves as a significant infrastructure linkage for Hong Kong, mainland China to/from...

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Arelion adds PoP at Equinix in Osaka, Japan

Arelion announced a new Point-of-Presence (PoP) in Equinix’s carrier-neutral data center in Osaka, Japan. The PoP will provide high-speed IP Transit, Cloud Connect, DDoS Mitigation, and Internet Exchange (IX) Connect services to content providers and enterprises across Osaka’s metropolitan area. Arelion recently announced global 40G Ethernet Virtual Circuit (VC) availability and will offer this key product in its new PoP to facilitate digital...

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Vapor IO expands Its Edge Computing Grid to Europe

Vapor IO has teamed up with Cellnex Telecom to extend its Kinetic Grid network for delivering edge and grid services to Europe. Cellnex is making available a portfolio of small edge data centers and tower ground space for hosting the necessary equipment for edge computing. In addition, several fiber routes, provided by Cellnex and/or Cellnex´s mobile network operator customers, will interconnect these edge data centers creating a "grid" of edge...

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Verizon signs an additional 410 MW of renewable energy contracts

Verizon signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 megawatts (MW) of renewable energy capacity. This brings Verizon to over 3.0 gigawatts (GW) of total projected renewable energy capacity. The deals include:Two REPAs with Invenergy for an aggregate of up to 240 MW of renewable energy capacity. The projects include a facility in the Electric Reliability Council of Texas (ERCOT) regional market...

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Prisma Photonics to monitor 1,000 km of Israel's electric grid

Prisma Photonics, which has been using optical fibers to monitor Israel's national transmission electrical grid since 2020, was awarded a contract by Israel Electric Corporation (IEC) to extend coverage to 1,000 km (over 620 miles), which is 20% of the transmission grid. Prisma Photonics said its solution will monitor events threatening the regular operation of the power network and alert on faults with exact geographical locations. Its solution...

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Ericsson sets aside US$220 million for potential DOJ fine

Ericsson has set aside SEK 2.3 billion (approx. US$220 million) in relation to a potential resolution with the U.S. Department of Justice (DOJ) regarding previously announced irregularities in Iraq. Ericsson described the allegations as "non-criminal, alleged breaches under its 2019 Deferred Prosecution Agreement (DPA)." The company said it has not reached a resolution with the DOJ regarding these alleged breaches but believes the sum of $220 million...

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Semtech acquires Sierra Wireless: LoRa + Cellular IoT

Semtech completed its previously-announced acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately US$100 million of high-margin IoT Cloud services recurring revenues. Semtech expects the acquisition to be immediately accretive to non-GAAP EPS and to generate US$40 million of run rate operational...

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Ekinops posts record 2022 revenue of €127.6 million, up 23%

Ekinops ended FY 2022 with consolidated revenue of €127.6m, up 23% from the previous year (+19% at constant exchange rates).Q4 2022 revenue totaled €31.5m versus €28.7 million a year earlier, representing an increase of 10% (+6% at constant exchange rates) despite the particularly strong pressure on the supply chain at year-end. The difficulties in delivering some orders at the end of the year resulted in a shortfall of a few million euros of revenue...

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HPE acquires Pachyderm for automated ML/AI pipelines

Hewlett Packard Enterprise has acquired Pachyderm, a start-up offering open source software for automating reproducible machine learning pipelines that target large-scale AI applications. Financial terms were not disclosed.HPE will integrate Pachyderm’s reproducible AI capabilities in one integrated platform to deliver an advanced data-driven pipeline that automatically refines, prepares, tracks, and manages repeatable machine learning processes...

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Alphawave IP adds to executive team

Alphawave IP Group announce four appointments to its executive team:Mohit Gupta, Senior Vice President & General Manager, leads Alphawave's IP and custom silicon business. Mohit joined Alphawave in September 2022 as part of the OpenFive acquisition, where he was Senior Vice President and General Manager for the IP and custom SoC business units. Mohit brings more than two decades of business and engineering management experience in semiconductor...

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