Wednesday, September 13, 2023

Arm readies IPO at $51.00 per ADS

Arm Holdings plc priced its initial public offering of 95,500,000 American depositary shares at a price to the public of $51.00 per ADS. 

The ADSs are expected to begin trading on the Nasdaq Global Select Market on September 14, 2023 under the symbol “ARM.”

The selling shareholder, a wholly-owned subsidiary of SoftBank Group Corp., in the IPO has granted the underwriters an option to purchase up to an additional 7,000,000 ADSs to cover over-allotments, if any, for 30 days after the date of the final prospectus. The IPO is expected to close on September 18, 2023, subject to customary closing conditions.

Some notes on Arm

  • Arm CPUs shipped in greater than 99% of the world’s smartphones in 2022
  • More than 30 billion Arm-based chips reported as shipped in the fiscal year ended March 31, 2023, representing an approximately 70% increase since the fiscal year ended March 31, 2016.
  • To date, Arm technology has shipped in more than 250 billion chips
  • Approximately 70% of the world’s population uses Arm-based products
  • For the fiscal year ended March 31, 2023, Arm's total revenue was relatively flat at $2,679 million, as compared to $2,703 million in the fiscal year ended March 31, 2022. 
  • In the fiscal year ended March 31, 2023, as a percentage of total revenue our gross profit margin was 96% and operating income margin was 25%.
  • As of March 2023, Arm had 5,963 full-time employees across North America, Europe and Asia.
  • Arm began as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology in 1990.

Deutsche Telekom and Microsoft launch 5G Private Networks

Deutsche Telekom launched its new “Campus Network Smart” solution built on  Microsoft Azure private multi-access edge compute (MEC), which includes the new Azure Private 5G Core service deployed on Azure Stack Edge. This provides customers with a private 5G network that can operate across multiple sites.

Deutsche Telekom tested the new private 5G network solution with Microsoft in a lab environment in Bonn, Germany, last year. As a second step, the two companies carried out a field trial with a leading pharmaceutical company in Germany, beginning in February this year. This pilot customer tested the 5G campus network with various use cases, including the use of AR glasses for remote maintenance. Another use case saw forklifts enabled for object recognition in a high-bay warehouse, in order to monitor inventory and automatically scan barcodes.

Hagen Rickmann, Managing Director Business Customers at Deutsche Telekom in Germany says: “Our new 5G Campus Network Smart solution lowers the barriers to entry for campus networks, in terms of both cost and effort.  Customers with an existing Microsoft Azure landscape, as well as new customers in the small and medium-sized enterprise segment benefit from the solution. They can get started with 5G technology and drive forward their digitalization – while maintaining flexibility”.

"German industry is taking a leading role in adopting Industry 4.0 Transformation, and we are excited to enable Deutsche Telekom to provide complete solutions including network and a growing ecosystem of Modern Connected Apps into this market. Customers can now benefit with a choice of ready to deploy applications over superior cloud-managed private network to accelerate their business transformation." said Shriraj Gaglani, VP Product Management, Microsoft.

SES partners with Starlink on MEO-LEO for cruise ships

SES is partnering with SpaceX on a low-latency, high-throughput satellite connectivity service enabled by integrating Starlink’s low-earth orbit (LEO) and SES’s medium earth orbit (MEO) constellations.

The joint offering – SES Cruise mPOWERED + Starlink – seamlessly integrated, sold and delivered by SES – will combine the best of both MEO and LEO orbits to provide high-speed and secure connectivity 24/7 to cruise ships and their guests, regardless of their route and location.

The solutions are available in either Premium tier (3Gbps/ship) – for the leading ships who wish to deliver the highest throughput in the industry or Pro tier (1.5Gbps/ship) – for the operators who wish to manage user experience by matching the right application to the right orbit.

“At SES, we strive to provide a world-class connectivity experience for our cruise customers and deliver the same level of service they would enjoy on land,” said John-Paul Hemingway, Chief Strategy Officer at SES. “By being the only one in the cruise industry to expand our unique multi-orbit GEO and MEO network to utilise LEO, we believe it opens new opportunities for us to meet the needs of cruise guests and crew members, and the operational requirements of cruise operators to accelerate their digital transformations – wherever they may be.”

Adtran intros smallest Combo PON OLT

Adtran released its SDX 6324 optical line terminal (OLT), specifically designed to deliver high-performance broadband services to low-density applications. 

The new fiber access platform features four Combo PON ports supporting up to 500 subscribers. It offers the same capabilities of Adtran's higher-port count SDX solutions at a significantly lower upfront cost.

“Service providers often struggle with small-scale deployments. Finding the right technology at the right price isn’t always easy. The practice of deploying over-dimensioned solutions has challenged operators for many years. Our new SDX 6324 hits the sweet spot. It’s been engineered to help service providers easily roll out fiber services to low-density environments without any risk or unused capacity. You pay for exactly what you need,” commented Andy Ruble, GM of Access and Aggregation, Adtran.

Deutsche Telekom demonstrates 12 Gbps with 6 GHz spectrum

Deutsche Telekom has demonstrated a mobile connection operating at 12 Gbps over 100m, made possible by the additional use of the frequency spectrum at 6 gigahertz (6 GHz). 

For the test, Telekom equipped a rooftop location in the town of Alzey in Rheinhessen with a 6 GHz antenna. In addition, an antenna was mounted that is already used today for the 5G mobile communications standard and transmits via the 3.6 GHz frequency band. During the measurements at a distance of around 100 metres, around 12 Gbps were measured with slight fluctuations.

Tarana raises $50 million for next-gen fixed wireless

Tarana Wireless, a start-up based in Milpitas, California, raised $50 million in an up round for its next-generation fixed wireless access (ngFWA) platform.

Since launching its G1 in late 2021, Tarana reports deployments by more than 270 service providers in 19 countries, and in 41 of the 50 states in the US. Revenues in G1’s first full year of sales (2022) were nearly $100M, and orders plus sales continue to climb in 2023. These strong business fundamentals drove a 40% year-over-year increase in the company’s valuation. 

The funding round was led by Digital Alpha. Rick Shrotri, Founder and Managing Partner at Digital Alpha, explained, “As we developed our wireless ISP investment thesis, we became aware of Tarana’s breakthrough technology, and each operator’s story underscored how ngFWA is fundamentally changing network performance and operator economics. Tarana’s G1 platform supplies the key missing ingredient in enabling wireless ISPs to offer highly competitive broadband, take share, and grow value in their businesses — at a months-not-years deployment pace competitive technologies just cannot match.”

In addition to traditional equity investments into wireless Internet services providers, Digital Alpha is also offering a novel revenue-share financing solution to Tarana customers looking to expand their deployments of G1. Digital Alpha's deep domain and industry expertise makes them uniquely suited to fund infrastructure deployments that are bridging the digital divide and enabling connectivity transformations across local communities. To date, Digital Alpha has funded existing Tarana customers such as Element 8 and Wisper ISP and is looking forward to partnering with Tarana to offer its funding model in pursuit of new market opportunities and additional wireless internet service providers.

Tarana CEO Basil Alwan noted, “Digital Alpha knows our customers’ business intimately, which has provided early insights into ngFWA and the momentum building in our business. This investment along with those in our customers makes them a natural and great partner. Our rapid growth has created more opportunities along with higher working capital requirements; this financing will play an essential role in maintaining our trajectory, supporting our customers’ continued growth, and expanding our reach globally.”

Vantage Data Centers replaces diesel with hydrotreated vegetable oil

Vantage Data Centers is replacing diesel in its back-up generators with hydrotreated vegetable oil (HVO). The company said it intends to roll out HVO in several of its largest markets in North America and EMEA.

HVO is 100% biodegradable and non-toxic, offering a more sustainable fuel option while delivering the same level of functionality as traditional diesel. Repurposing waste oils like vegetable oil to create sustainable fuels significantly reduces the embodied carbon due to the cleaner sourcing and creation process. 

Given the success of a pilot deployment in 2022 at its campus in Wales, Vantage officially implemented HVO at its newest facility, CWL13, on the Cardiff campus and is currently working to deploy the renewable fuel throughout the rest of the campus. In addition, Vantage will deploy HVO in Santa Clara, California, by the end of the year. 

“Making the switch to renewable diesel is one of the many ways we are reducing the carbon emissions of our operations. Reaching net zero by 2030 is an incredibly ambitious goal that will require us to implement a wide variety of solutions. Our focus is on maintaining reliability and affordability while achieving emissions reductions,” said Amanda Abell, senior director of sustainability at Vantage. “We look forward to continuing the rollout of HVO at our campuses across North America and EMEA, where available, in addition to the other programs we have in place to reach our sustainability targets.”

EdgeUno upgrades data center interconnect with Ciena

EdgeUno, a leading infrastructure as a service (IaaS) company in Latin America, hasupgraded its data center interconnect network in Mexico and Brazil with Ciena’s Waveserver 5 compact interconnect platform, powered by WaveLogic 5 Nano 400ZR coherent pluggables.

EdgeUno has doubled its network capacity from 200G channels to 400G per channel, improved its cloud service offerings, and reduced its carbon footprint by optimizing data center space and reducing energy consumption. EdgeUno is also leveraging Ciena’s edge-optimized, compact Coherent ELS open line system to achieve lower latency, operational simplicity, and deliver higher quality experiences to its customers.

“To provide the best possible digital experience and support bandwidth-intensive applications like high-speed gaming, cloud-based services, and live video streaming, we need the most innovative and reliable technology available,” said Tiago Setti, Director of Network Engineering, EdgeUno. “Ciena’s industry-leading WaveLogic technology plays a critical role in helping us meet our customers’ digital demands and also supports our sustainability commitments.”

“In an age where our lives revolve around the digital world, continually improving the customer experience is critical,” said Fernando Capella, Country Manager, Ciena Brazil. “Our optical technology is not only helping EdgeUno achieve that goal, but also provides the scalability and sustainability benefits needed to continue expanding in the future.”

Texas A&M picks Ribbon's IP Wave for its Private 5G

 Texas A&M University (TAMU) has selected Ribbon's NPT IP Routing for wireless backhaul on its private 5G research network, which connects the labs at the Internet2 Technology Evaluation Center (ITEC) with Engineering and Computer Science labs on TAMU's main campus, the public safety training area at Disaster City, and the labs and testbeds at the RELLIS Campus.

The network leverages Ribbon's advanced  NPT 1800 multi service aggregation router and NPT 2100 access edge and pre aggregation router, part of Ribbon's comprehensive IP Wave portfolio, for increased performance and availability.