Sivers Semiconductors to Spin Off Photonics Unit

Sivers Semiconductors AB confirmed plans to merge its subsidiary, Sivers Photonics Ltd, with byNordic Acquisition Corporation, a special purpose acquisition company (SPAC) listed on Nasdaq. The non-binding letter of intent (LOI) marks a significant step towards creating a standalone, publicly traded photonics company. The proposed merger is expected to equip Sivers Photonics with substantial cash reserves following the de-SPAC process, enabling it...

Read More

Dell'Oro: SSE to Outpace SD-WAN Revenue

The Secure Access Service Edge (SASE) market is projected to reach nearly $16 B by 2028, representing a 13 percent compound annual growth rate (CAGR), according to a new report from Dell'Oro Group. Security Service Edge (SSE) revenue is expected to maintain a robust double-digit CAGR and outpace SD-WAN's single-digit CAGR over the next five years (2023–2028). "The divergence in growth between SSE and SD-WAN highlights a shift in enterprise priorities,"...

Read More