Monday, August 7, 2023

Airtel launches 5G FWA in Delhi and Mumbai

Airtel launched its 5G Xstream AirFiber fixed wireless access (FWA) service for consumers in Delhi and Mumbai.Xstream AirFiber is a plug-and-play device with in-built Wi-Fi 6 technology that will offer wide indoor coverage and can simultaneously connect up to 64 devices.The Airtel Xstream AirFiber service is available on 799 plan, which offers up to 100Mbps speed. The plan can be availed for a duration of six months with a one-time refundable security...

Renesas to acquire Sequans for its IoT chipsets and modules

Tokyo-based Renesas Electronics agreed to acquire Sequans Communications S.A. for approximately US$249 million, including net debt. Under the deal, Renesas will initiate a cash tender offer of $3.03 per Sequans ADS, subject to certain conditions. This offer represents a premium of 42.3% to Sequans’ closing price on August 4th.Sequans, which was founded in 2003 and is based in Paris, is a fabless semiconductor company that designs and develops chipsets...

MaxLinear releases storage accelerator OCP adapter card

MaxLinear announced the production-release of an OCP 3.0 storage accelerator adapter card designed to quicken key storage workloads, including database acceleration, storage offload, encryption, compression, and deduplication enablement for maximum data reduction. The company says its Panther III OCP card can transfer data up to 12 times faster than without a storage accelerator. The OCP version of the card is available immediately with a PCIe...

Cogent opens POP in Guam’s GTA GNC Data Center

Cogent Communications has established a PoP in the GTA GNC Data Center. GTA, the leading telecommunications provider in Guam, operates the territory’s only modern, purpose-built carrier neutral data center with direct connectivity to each of Guam’s cable landing stations and related 12 subsea cable systems. The landing of so many trans-Pacific cable systems on Guam have given the island the moniker of “NAP of the Pacific.” “We are thrilled...

Micron samples CXL 128G and 256G memory expansion modules

Micron Technology is now sampling its new CZ120 CXL memory expansion modules in 128GB and 256GB capacities in the E3.S 2T form factor, which uses PCIe Gen5 x8 interface. The CZ120 modules are capable of running up to 36GB/s memory read/write bandwidth and augment standard server systems when incremental memory capacity and bandwidth is required. The CZ120 modules use Compute Express Link™ (CXL™) standards and fully support the CXL 2.0 Type 3...

KIOXIA unveils 30TB data center SSDs

KIOXIA introduced a new line of data center-class solid state drives (SSDs)  boasting capacities up to 30.72 terabytes  (TB) and in both Enterprise and Data Center Standard Form Factor (EDSFF) E3.S and 2.5-inch (U.2) form factors.Key specs:Random readii performance up to 2,000K IOPS and random writeii performance up to 400K IOPSLow and consistent 99.999th percentile latency of under 250us in standard random read workloadsiii, and under...

Edmund Optics opens laser optics factory in Florida

Edmund Optics, which specializes in laser optics coatings, components, and assemblies optimized for high-power laser systems, inaugurated a state-of-the-art 34,000 sq. ft. Laser Optics Center in Oldsmar, Florida.The new facility is dedicated to manufacturing a wide variety of optical components with high laser damage thresholds from the UV to the far IR. In addition, this facility expands Edmund Optics’ laser optics manufacturing capabilities across...

Tareq Amin steps down from Rakuten Mobile

Tareq Amin has stepped down as Rakuten Mobile Representative Director and Co-CEO effective 07-August-2023. On LinkedIn, Amin expressed gratitude to Rakuten employees and leadership, saying he looks forward to new opportunities that lie ahead.Rakuten Mobile named Kazuhiro Suzuki and Sharad Sriwastawa as co-CEOs going forward.https://corp.mobile.rakuten.co.jp/english/news/press/2023/0807_...

MaxLinear and Silicon Motion spar over terminated merger

MaxLinear and Silicon Motion each issued press releases accusing the other of bad faith in their merger agreement, which MaxLinear terminated unilaterally on July 26th.MaxLinear cited multiple grounds for its decision, including that Silicon Motion experienced a material adverse effect and multiple additional contractual failures in the 15 months since the deal was announced.For its part, Silicon Motion categorically rejected MaxLinear’s assertions and said it will seek damages for the failed de...

Adtran posts Q2 sales of $327 million

Adtran reported Q2 revenue of $327.4 million, up 90% year-over-year and 1% quarter-over-quarter. Net loss attributable to the company for the second quarter of 2023 was $33.3 million, down 1,655% year-over-year and up 3% quarter-over-quarter. Non-GAAP net income was $0.1 million, down 99% year-over-year and up 102% quarter-over-quarter. ADTRAN Holdings Chairman and Chief Executive Officer Tom Stanton stated, “Our Q2 2023 results were in line with our expectations. Although new customer acquisitions remain near an all-time high, we anticipate...