Amphenol to acquire CommScope’s Mobile Business for $2.1B

Amphenol agreed to acquire CommScope’s mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The acquisition includes CommScope’s Outdoor Wireless Networks (OWN) segment and the Distributed Antenna Systems (DAS) business from CommScope’s Networking, Intelligent Cellular, and Security Solutions (NICS) segment. These businesses are projected to generate full-year 2024 sales of approximately $1.2 billion...

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Taiwan's GlobalWafer lands $400M in CHIPs Act funding for Texas fab

The U.S. Department of Commerce has announced a proposed investment of up to $400 million in direct funding under the CHIPS and Science Act to support GlobalWafers in constructing new wafer manufacturing facilities. This investment is expected to create 1,700 construction jobs and 880 manufacturing jobs, with total capital expenditures projected to be around $4 billion across Texas and Missouri.Key PointsSherman, Texas: GlobalWafers will establish...

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Intel licenses 800G transceiver designs to Source Photonics

Source Photonics has entered into a licensing agreement with Intel to utilize Intel’s 800G transceiver designs, including its silicon photonics chipset. This collaboration will enable Source Photonics to deliver 800G OSFP transceivers, catering to large-scale data center and AI infrastructure deployments. By integrating Intel’s silicon photonics-based solutions with Source Photonics’ in-house EML-based 800G transceiver modules, customers will have...

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Video: $30 Million Boost for AI Networking Software

Arrcus just closed a significant new investment of $30 million from Prosperity7 Ventures, NVIDIA, Lightspeed, Hitachi Ventures, Liberty Global, Clear Ventures, and General Catalyst.  Why the interest in a networking software start-up in Silicon Valley?Shekar Ayyar, CEO from Arrcus explains:- Arrcus networking through ArcOS enables efficient distributed compute infrastructure for AI processing- ArcOS combined with Nvidia's Bluefield DPUs offloads...

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Netskope Integrates with OpenAI’s ChatGPT for Security

 Netskope, a leader in Secure Access Service Edge (SASE), has announced its integration with OpenAI’s ChatGPT Enterprise Compliance API. This collaboration aims to enhance security and compliance for enterprise organizations using generative AI (genAI) applications. Through this integration, the Netskope One platform provides advanced security features, including application visibility, robust policy enforcement, data security, and comprehensive...

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Cornelis Networks Appoints Lisa Spelman as New CEO

Cornelis Networks has announced the appointment of Lisa Spelman as its new chief executive officer (CEO), succeeding Philip Murphy, who will now serve as president and chief operating officer (COO). This leadership transition marks a significant step for Cornelis Networks, a company based in Santa Clara, California, founded in 2015.Cornelis Networks specializes in developing high-performance, low-power network processing solutions. Their products...

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NTT DATA unveils Ultralight Edge AI platform

NTT DATA unveiled its new Edge AI platform to accelerate IT/OT convergence by bringing AI processing to the edge. NTT DATA’s Edge AI is an all-inclusive managed service platform that includes all the systems, tools and capabilities required for AI at the edge. It addresses data discovery, collection, integration, computation power, seamless connectivity and AI model management. It leverages lighter, cost-effective AI models, enabling it to run...

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