Tracing the DNA of Nokia through its many mergers and acquisitions

 Nokia’s recent announcement to acquire Infinera marks another significant step in the company’s extensive history of mergers and acquisitions. This deal aims to enhance Nokia’s networking capabilities, solidifying its position as a leader in the telecommunications industry. Over the years, Nokia has strategically acquired companies like Alcatel-Lucent in 2016, which greatly expanded its telecommunications equipment and services portfolio. This...

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CBRE Group acquires Direct Line Global for data center infrastructure

CBRE Group announced the acquisition of Direct Line Global, a provider of data center infrastructure, from Guardian Capital, a private equity firm. Financial terms were not disclosedDirect Line Global, founded in 1997 and headquartered in Fremont, California, specializes in design, installation, maintenance, and management solutions for data center owners and operators, primarily serving the U.S. hyperscale market and major technology companies....

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Amazon begins satellite manufacturing for Project Kuiper

 In preparation for Project Kuiper’s first full-scale launch later this year, Amazon is starting up satellite production and testing at a new facility in Kirkland, Washington. Opened in April, this 172,000-square-foot factory is set to become the manufacturing hub for the more than 3,000 satellites that will comprise Project Kuiper’s low Earth orbit constellation. The facility includes advanced custom equipment and a clean space environment...

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New subsea cable lands at Timor-Leste

 On June 24th, 2024, the “Timor-Leste South Submarine Cable” (TLSSC) landed at the Cable Landing Station in Bebonuk, Dili. This groundbreaking project connects Timor-Leste to Darwin, Australia, marking a pivotal step in the nation’s digital transformation and showcasing its commitment to infrastructure development and modernization. The TLSSC is a significant advancement for Timor-Leste, an island nation situated in Southeast Asia, northeast...

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NTT DATA launches Tsuzumi AI model on Microsoft Azure

NTT DATA announced the launch of Tsuzumi through the Microsoft Azure AI Models-as-a-Service (MaaS) offering. This development marks a significant milestone in their 25-year collaboration, focused on creating technological solutions that drive sustainability and innovation. Tsuzumi, a Large Language Model (LLM) proficient in Japanese and English, addresses environmental and financial challenges by adjusting model size without compromising performance,...

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Astera Labs to open R&D site in Bangalore

Astera Labs, a start-up based in Santa Clara, California,  plans to expand its operations to India with a new site in Bangalore set to open later this year. This expansion aims to leverage the region’s rich engineering talent to develop advanced interconnect technologies essential for AI architectures in data centers. Sanjay Gajendra, President and COO of Astera Labs, highlighted India’s thriving market and world-class technical workforce...

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