Aviz unveils Networking 3.0 Stack and AI Copilot

Aviz Networks unveiled its Networking 3.0 Stack, a suite including ONES for network operations, OPB for Packet Brokers, and its new GenAI-based conversational Network Copilot. With this stack Aviz offers comprehensive vendor agnostic solutions spanning Data Centers, Edge Networks, and AI Fabrics. The Networking 3.0 Stack features compatibility across multiple ASICs, switches, NOS, clouds, and LLMs, and empowers network owners with choice and...

Read More

Cisco reports revenue of $12.8B, down 6%

Cisco reported revenue of $12.8 billion for its second fiscal quarter ended January 27, 2024, down 6% year over year. GAAP EPS was $0.65, down 3% year over year, and Non-GAAP EPS was $0.87, down 1% year over year.Revenue by geographic segment was: Americas down 4%, EMEA down 7%, and APJC was down 12%.Product revenue performance reflected growth in Security up 3%, Collaboration up 3% and Observability up 16%. Networking was down 12%.“We delivered...

Read More

NTT to establish its first data center in Paris

NTT Ltd. will develop and operate its first data center campus in the Paris market, a key data center region in Europe.The data center campus is comprised of 14.4 hectares (approx. 35.5 acres) and will support a planned capacity of 84 MW of critical IT load across three data centers. The site is located 50km south of Paris in the municipalities of Le Coudray-Montceaux and Corbeil-Essonnes, in close proximity to key digital infrastructure and has...

Read More

Renesas to acquire Altium for PCB design software

Renesas Electronics agreed to acquire Australia-based Altium Limited, a leader in electronics design systems, for a cash price of A$68.50 per share, representing a total equity value of approximately A$9.1 billion.The merger will establish an integrated and open electronics system design and lifecycle management platform that allows for collaboration across component, subsystem, and system-level design. The combination will also enable integration...

Read More

cPacket lands $67M investment for observability platform

cPacket Networks, which sells a hybrid-cloud observability platform, completed a $67 million transaction, including a primary and secondary equity investment by funds managed by Morgan Stanley Expansion Capital and a debt refinancing by Trinity Capital.cPacket will use the funds to accelerate product development, including 400Gbps Observability nodes, expanding its Cloud and hybrid footprint and introducing innovative use of AI/ML to drive deep but...

Read More

QuantumScape appoints Dr. Siva Sivaram as CEO

QuantumScape, which develops solid-state lithium-metal battery technology, announced the appointment of current President, Dr. Siva Sivaram, as CEO, succeeding Co-founder and CEO Jagdeep Singh, who will continue to serve as Chairman of the Board of Directors.Dr. Sivaram, a semiconductor and data storage industry veteran, joined QuantumScape as President in September 2023. He joined from Western Digital Corp., where he also served as President, leading...

Read More