Wednesday, August 3, 2022

Lumen offers 8 Gbps residential service over XGS-PON

Lumen Technologies is now offering symmetrical 8 Gbps broadband over its Quantum Fiber residential and small business service. Lumen is using XGS-PON technology.

The 8 Gbps tier is available to select residents and small businesses in cities near Denver, Minneapolis and Seattle, with more cities to come.  

"Technology is evolving and so is Lumen as we tap into the power of our fiber network to give communities more bandwidth to excel at work, play and online life," said Andrew Dugan, chief technology officer at Lumen. "Lumen is strengthening its portfolio and increasing gigabit speeds to fuel consumer and small business broadband connections – and it's just the beginning. We're investing in technology and internet speeds that will continue to push families and businesses into the future."

"This is a game-changer for internet users who want to broaden their horizons with multi-gigabit connections," said Maxine Moreau, president of Lumen Mass Markets. "Quantum Fiber service delivers reliably fast internet for the increasing number of connected devices, virtual work environments, next-level gaming and the ability to upload extremely large files in a matter of seconds. We're so pleased to bring this industry-leading technology to our Quantum Fiber communities to help them thrive in a digital world."

http://www.Q.com

Keysight and Nokia demo 800 Gigabit Ethernet

Keysight Technologies and Nokia demonstrate the first public 800GE test, validating the readiness of next-generation optics for service providers and network operators.

The readiness testing was conducted at Nokia’s private SReXperts customer event in Madrid in June 2022, and included Keysight’s AresONE 800GE Layer 1-3 800GE line rate test platform and the Nokia 7750 Service Routing platform. The AresONE was used to test and qualify Nokia’s FP5 network processor silicon along with 800GE pluggable optics. Specific Nokia platforms used in the validation were the FP5 based 7750 SR-1x-48D supporting 48 ports of 800GE and the 7750 SR-1se supporting 36 ports of 800GE.

Nokia’s FP5 silicon delivers 112G SerDes which enables 800GE support in hardware. FP5 enables networks to efficiently scale capacity and concurrently IP subscriber services while maintaining integrity, providing advanced protection against escalating network security threats, and lowering power consumption. Nokia is the first vendor to ship high-density 800GE systems this year with platforms supporting a range of 36 x 800GE in compact fixed platforms to 432 ports of 800GE in the flagship 7750 SR-14s.

Keysight says the move to the 800GE pluggable optics on front panel ports, interconnect and link reliability requires a new round of validation cycles to support carrier-class environments. 

“The move to 800GE presents service providers and vendors in the supply chain with new challenges to validate chips, optical transceivers, or networking equipment port electronics,” said Ram Periakaruppan, vice president and general manager, Keysight's Network Test and Security Solutions group. “The unique combination of the Keysight AresONE 800GE test system and Nokia's 7750 Service Router addresses the interoperability challenges in 112Gbps electrical lane signaling and supports the service provider community to accelerate validation of carrier-class 800GE devices and network infrastructure in a multi-service environment.”

“We are extremely pleased to partner with Keysight and showcase our FP5 silicon in this important, world’s first demonstration,” said Ken Kutzler, vice president of IP Routing Hardware at Nokia. “Nokia’s industry leading, innovative FP5 silicon is the first network processor silicon for high-performance routing to meet the demands of the 800GE network upgrade cycle. The combination of Keysight’s AresONE 800GE with Nokia’s FP5 and 7750 SR platform meets both the performance and verification needs of our 800GE IP routing interfaces.”

Keysight launches 800G test solutions

Keysight Technologies launched new 800G test solutions for validating electrical and optical interfaces to speed development of next generation data center technologies, including the first 100Gbps transmitter and receiver pre-conformance test solution.Keysight’s new portfolio of electrical and optical analysis solutions enable an 800G ecosystem, consisting of optical components, chipset, switch and semiconductor integrated circuit (IC) vendors,...


Samsung develops Memory-semantic SSD based on CXL

 At this week's Flash Memory Summit 2022, Samsung announced its 'Memory-semantic SSD', which combines the benefits of storage and DRAM memory. Leveraging Compute Express Link (CXL) interconnect technology and a built-in DRAM cache, Memory-semantic SSDs can achieve up to a 20x improvement in both random read speed and latency when used in AI and ML applications. Samsung’s Memory-semantic SSDs will be optimized to read and write small-sized data chunks at dramatically faster speeds.

Samsung’s telemetry technology gathers human-readable metadata from key components inside customers’ SSDs such as NAND flash and DRAM as well as SSD controllers and firmware. Based on this broad set of telemetry information, data centers can detect and prevent any potential problems ahead of time, enabling a more reliable and efficient operation.

Additionally, Samsung confirmed that the first UFS 4.0 mobile storage is scheduled to enter mass production this month. The new UFS 4.0 will be a critical component in flagship smartphones that require large amounts of data processing for features like high-resolution images and graphics-heavy mobile games, and will later be used in mobility, VR and AR.

Samsung also announced market availability of two enterprise SSDs. Its PM1743 is the industry’s first PCIe 5.0 SSD, while the PM1653 is the first 24G SAS SSD, both now in mass production. The company further highlighted its paradigm-shifting SmartSSD and CXL DRAM, which have been designed to avoid bottlenecks in current memory and storage architectures.

"The IT industry is facing a new set of challenges brought on by the explosive growth in big data, and this underscores the importance of a robust, cross-industry ecosystem," said Jin-Hyeok Choi, keynote speaker and executive vice president of Memory Solution & Product Development at Samsung Electronics. "We are committed to developing transformative memory technologies that can bring far-reaching changes in how we move, store, process and manage data for future AI, ML and HPC applications, as we navigate these challenging tides together with industry partners."

Nokia wins 45% share of Bharti Airtel's 5G RAN

Bharti Airtel awarded a multi-year contract to Nokia for 5G radio access network (RAN) deployment.  The companies said the contract represents approximately a 45% share of Bharti's planned 5G RAN rollout.  Nokia has been a supplier to Bharti for the past 18 years.

Under this contract, Nokia will provide equipment from itsAirScale portfolio, including modular and scalable baseband as well as high-capacity 5G massive MIMO radios.

This multi-year deal follows the recently concluded 5G spectrum auctions and allocation of pan-India spectrum to Bharti Airtel, supporting their ambition to take India into the 5G era.

Gopal Vittal, MD & CEO of Bharti Airtel said, “We are pleased to continue our partnership with Nokia and take India into the 5G era. Airtel has always believed that the real leverage of 5G technology will come from the capacity to build an ecosystem across devices, networks, applications, and services. As mobile penetration increases across India, mobile telecom services will have a transformative impact across all sectors of the economy. Airtel is investing in the right areas and working with the right partners to serve our customers even better.”

Pekka Lundmark, President and CEO at Nokia said, “This landmark deal reinforces our long-standing partnership with Bharti Airtel. We are delighted that they have chosen Nokia's best-in-class AirScale baseband and radio portfolio to deliver superior 5G performance in one of the world's largest networks. I look forward to our continued successful long-term collaboration in this vital and dynamic market.”

ADTRAN posts Q2 revenue of $172 million

ADTRAN reported Q2 revenue of $172.0 million, net income of $2.1 million and earnings per share of $0.04. Non-GAAP net income was $9.7 million and non-GAAP earnings per share was $0.19.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We had a strong Q2 fueled by the growing demand for our fiber broadband platforms. Customer demand continues to grow at record levels. We increased revenue both quarter-over-quarter and year-over-year in our domestic and international markets, and also throughout our customer segments. This provides continued momentum as we move forward with our integration of ADVA. The combination of these two companies will strengthen our overall solution portfolio and provide the resources necessary to maximize our success in this unprecedented investment cycle in fiber networks.”

The company also announced that its Board of Directors declared a cash dividend for the second quarter of 2022. The quarterly cash dividend of $0.09 per common share is to be paid to the Company’s stockholders of record as of the close of business on August 18, 2022. The ex-dividend date is August 17, 2022 and the payment date will be September 1, 2022.

http://www.adtran.com/investor

A10 Networks posts revenue of $68.0 million, up 14.9% yoy

A10 Networks reported revenue of $68.0 million, up 14.9% year-over-year. GAAP gross margin was 80.2%. GAAP net income was $10.4 million, or $0.13 per diluted share, compared with GAAP net income of $6.6 million, or $0.08 per diluted share in the second quarter of 2021.

Revenue growth was led by a 33.7% increase in the Americas year-over-year.

“Continued strong demand for our proprietary, security-led solutions, combined with sustained business execution, resulted in 14.9% top-line growth and overall performance that exceeded our ‘Rule of 40’ target,” said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. “The increasing threat of cyberattacks, exacerbated by geopolitical events in Europe, Asia and elsewhere, make our security and infrastructure solutions a growing priority even as certain non-security investments are reprioritized due to macroeconomic concerns. We are capturing market share through better technology that helps our customers to achieve their business goals and we continue to invest in strategic growth opportunities. Simultaneously, our proven business model, including gross profit margins exceeding 80% and Adjusted EBITDA margins of 26% enable us to deliver consistent shareholder returns through share repurchases and a quarterly cash dividend.”

“We have been able to successfully navigate supply chain challenges and input cost pressures, as evidenced by our stable gross margins, and we expect these challenges will persist for some time,” continued Trivedi. “We reiterate our full year targets around top line growth of 10 – 12% and expanding EBITDA in the range of 26 – 28% of revenue. 

https://investors.a10networks.com/home/default.aspx


DISH Network reports drop in revenues, wireless subscribers

DISH Network revenue of $523 million for the second quarter 2022, compared to $671 million for the year-ago quarter. Diluted earnings per share were $0.82 for the second quarter, compared to $1.06 per share during the same period in 2021. 

Some highlights:

  • Net pay-TV subscribers decreased approximately 257,000 in the second quarter, compared to a net decrease of approximately 67,000 in the year-ago quarter.
  • The company closed the quarter with 9.99 million pay-TV subscribers, including 7.79 million DISH TV subscribers and 2.20 million SLING TV subscribers.
  • Retail wireless net subscribers decreased by approximately 210,000 in the second quarter, compared to a net decrease of 201,000 in the year-ago quarter.
  • The company closed the quarter with 7.87 million retail wireless subscribers.

Dell'Oro: Rapid growth for 5G workloads on the public cloud

A new report by Dell'Oro Group predicts that 5G workloads on the public cloud will grow revenues at an 88 percent compounded annual growth rate (CAGR) and cumulative revenues are estimated at $4.6 billion over the 5-year forecast period 2022-2026. The report finds that the vast majority of 5G SA networks will be in the Telco Cloud, limiting the short-term opportunity for the Public Cloud to host 5G workloads.

“At first glance, this may appear to be a very conservative forecast. Especially in view of Hyperscale Cloud Providers’ (HCPs) plethora of press releases that suggest there is greater traction in the marketplace than previously identified. The new report discovers that the opportunity for HCPs to penetrate the Telco Cloud market is very limited in the short-term, with the momentum already established by Mobile Network Operators (MNOs) committing to the Telco Cloud,” stated Dave Bolan, Research Director at Dell’Oro Group. “Most of the HCP press releases are about HCPs adding network solutions for Enterprises that desire 5G device connectivity via a Hybrid Cloud at the edge location. Our projections are for Public Cloud revenues, not Hybrid Clouds at the edge of the networks.

“We found that 27 5G SA networks have been commercially deployed and only one MNO is running its 5G workloads in the Public Cloud. The balance chose to run their own Telco Clouds. Further findings show that another 130 MNOs have already cut contracts with 5G Core vendors to deploy their own Telco Clouds, and two MNOs have committed to run their networks in the Public Cloud.

“As a result, for the short-term, HCPs are focusing on the Enterprise opportunities extending their services to the network edge, either themselves or partnering with an MNO integrating their services inside the Telco Cloud. Longer term there is much more opportunity for the HCPs to host 5G workloads in their Public Clouds with 75 5G Non-Standalone (5G NSA) MNOs and another 600 LTE MNOs still to announce their 5G SA plans. The forecast exits 2026 with a higher year-over-year percentage growth rate for 5G workloads moving to the Public Cloud than for the growth rate of the Telco Cloud,” Bolan added.

https://www.delloro.com/news/public-cloud-5g-workloads-to-grow-at-88-percent-cagr-4-6-billion-over-five-years/

Fastly names Todd Nightingale as CEO

Fastly, which operates a global edge cloud platform, appointed Todd Nightingale as the company’s next CEO, effective September 1, 2022. Nightingale will succeed Joshua Bixby, who, as previously announced, will step down as CEO and from Fastly’s Board of Directors. Bixby will remain with Fastly as an advisor.

Nightingale joins Fastly from Cisco, where he currently leads business strategy and development efforts for Cisco's multi-billion dollar networking portfolio as Executive Vice President and General Manager of Enterprise Networking and Cloud. Previously, Nightingale was the Senior Vice President and General Manager of Cisco's Meraki business. 

"Fastly is extraordinary at the things that make us unique, including our incredibly powerful programmable edge cloud, innovative performance-focused product and engineering, and our unmatched support of customers as they build the next generation of globally performant, secure and reliable applications," said Artur Bergman, Fastly’s Founder, Chief Architect and Executive Chairperson. "I'm confident in Todd's ability to lead the company with the rigor and energy needed to elevate Fastly to its next level of extraordinary technology and product growth, including a strong go-to-market motion and operational strengths."


Fastly searches for a new CEO

 Fastly's Board of Directors has initiated a search to identify the next CEO to replace Joshua Bixby, who will step down as CEO and from the Fastly Board of Directors once the transition is complete.“I am incredibly proud of what we’ve accomplished during my time at Fastly. We’ve expanded our platform to capture current and future growth and built a world-class leadership team that can confidently take us into the future,” said Joshua Bixby,...

Fastly's global CDN suffers configuration error

 Fastly, which operates a global content delivery network, experienced service configuration issue that triggered disruptions across its POPs worldwide. Service disruptions continued for about three hours, impacting traffic from top websites such as CNN, NYTimes, Amazon, Reddit, and others.According to the company's website, the incident affected: Asia/Pacific (Auckland (AKL), Brisbane (BNE), Dubai (FJR), Hong Kong (HKG), Melbourne (MEL), Osaka...



Tuesday, August 2, 2022

Verizon upgrades its core network for 400G with Juniper's PTX series

Verizon is refreshing its core network with Juniper Networks' PTX series routers supporting 400G interfaces. 

Verizon said the new equipment is half the size of the existing equipment, reducing space requirements in core facilities and driving down both power usage per GB and cost per GB to operate. In addition, the new equipment offers an advanced level of automation, allowing for automated interfaces with other network systems.

Verizon also highlighted the redesign of its network architecture to spread the equipment out to additional facilities across geographies, building in an additional level of redundancy with the ability to reroute traffic onto a greater number of fiber routes when needed. 

“Our fiber network is the largely invisible foundation that is a key driving force behind providing the scalability and reliability our customers need and expect,” said Kyle Malady. “This new packet core will provide the reliability and capacity we need today, but more importantly will be able to scale to meet the forecasted future demands that will result from the incredible capabilities of our robust 5G network, the platform for 21st century innovation.”

In June of this year, Verizon announced that data traffic on its 5G Ultra Wideband network had already increased 249%, and it expects exponentially higher increases as more customers adopt the new technology and begin to experience the robust capabilities and performance of 5G Ultra Wideband. The new optical core, which is being built to meet customers’ growing demands through 2032, is upgradeable to future 800 Gbps and 1 Tbps per port optical technology, allowing Verizon to manage 230 Tbps of data at any given time.

https://www.verizon.com/about/news/verizon-quadruples-capacity-fiber-network-core

  • Juniper’s PTX10000 line is optimized for scale-up and scale-out architectures, supporting future 800G and boasting system capacity of up to 230.4 Tbps. The PTX10000 line is powered by Juniper’s current generation Express4 silicon and upgradeable to the coming Express5 silicon. The PTX also features native 400G inline MACsec encryption. Three configurable PTX10000 models have been announced: PTX10004 (4-slot), PTX10008 (8-slot), PTX10016 (16-slot).


Juniper scales edge and core with next gen Trio and Express ASICs

Juniper Networks is pushing ahead with its next generation Trio and Express ASICs for cloud and Service Provider networks.The 5th generation Express ASIC, which powers Juniper's PTX Series core routers, increases forwarding performance with pipeline and memory capabilities for scaling, filtering, telemetry and sampling operations. It offers 45% power efficiency improvement over the 4th generation introduced in 2020. The...

Sparkle deploys Juniper PTX Series Routers for 400G

Sparkle, the first international service provider in Italy and among the top global operators, has deployed Juniper’s 400G PTX Series Routers.Juniper says 400G optical transceiver modules deliver a lower cost-per-bit by delivering the same bandwidth in less physical space. A 400G-capable network is a key step for Tier-1 providers like Sparkle, who are grappling with relentless traffic growth.“The 400G platform from Juniper will be a key tool in our...



Cirion spins out of Latin American operations from Lumen

Cirion, previously the Latin American operations of Lumen Technologies, officially launched as an independent company with approximately 86,000 kms of fiber, an extensive subsea cable network, and data centers in major economic centers across Central and South America.

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, acquired the Cirion assets for US$2.7 billion. 

Lumen acquired the Latin American business in 2011 when it acquired the business of Global Crossing.

Cirion and Lumen plan to maintain a strategic partnership covering reciprocal reselling and network agreements that leverage each other’s extensive fiber footprints, data centers, and other network assets. 


All of Lumen’s LATAM employees and employees in the United States who are part of the LATAM organization, including its current leadership team, transferred to Cirion as part of the transaction.

“We believe technology is key to our digital future and know what it takes to drive industry change. We are confident that we have the right people, partners, and resources to bring fast, reliable, and exceptional services to our customers,” said Facundo Castro, CEO of Cirion. “We are very enthusiastic about the opportunities that lay ahead and look forward to positioning ourselves as the technological partner of choice for Latin America’s most relevant industries.”

“Closing this transaction marks the beginning of an exciting new chapter for Cirion as the company continues to expand its fiber and data center network across its already strong footprint in Latin America,” said Stonepeak Managing Director and Co-Head of Communications Andrew Thomas. “We are excited to partner with Cirion’s team and apply our experience as active investors in global digital infrastructure to drive sustainable long-term growth.”

"This divestiture is an important step in achieving Lumen's strategic goals as we sharpen our focus on key strategic assets while also providing our LATAM employees and customers an opportunity for continued growth," said Jeff Storey, Lumen President and CEO. "This transaction also positions our Lumen Platform for long term growth, allowing Lumen to invest in a strategic mix of assets and alliances that allows us to deliver what our customers want anywhere in the world."

https://ciriontechnologies.com

Video: Cirion's Principal Network Architect on Service Automation

 


https://youtu.be/LfD2XW2OJ5M

Cirion, the new spin-out international carrier that was previously the Latin American operations of Lumen Technologies, is engaged with MEF and other global operators, to automate its service activation. 

Jorge Brites, Principal Network Architect at Cirion, discusses service automation and MEF LSO APIs.

Reliance Jio becomes India's biggest spectrum holder

Reliance Jio was the largest purchaser in the auction of 5G spectrum conducted by the Department of Telecommunications, Government of India, over the past week.

Jio confirmed that it acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands. The company said it will use equipment made in India for its 5G rollout.

Jio's total cost of acquiring the technology agnostic spectrum for a period of 20 years is Rs. 88,078 crore. As per terms of the spectrum auction, the spectrum payments have to be made over 20 equated annual instalments, with interest computed at 7.2% per annum. 

Through this acquisition, Jio’s total owned spectrum footprint has increased significantly to 26,772 MHz (uplink + downlink), which is the highest in India:

  • Sub-GHz: Jio has the highest amount of sub-GHz spectrum with at least 2X10 MHz contiguous spectrum in both 700 MHz and 800 MHz bands across each of the 22 circles.
  • Mid-band: Jio is the only operator which has at least 2X10 MHz in 1800 MHz band (with 2X20 MHz in six key circles), 40 MHz in 2300 MHz band and 100 MHz in 3300 MHz band across all the 22 circles.
  • mmWave: In addition, Jio also has right to use 1,000 MHz in the millimetre wave band (26 GHz) in each of the 22 circles which will be crucial to enable enterprise use cases as well as provide high-quality streaming services.

Shri Akash M Ambani, Chairman, Reliance Jio Infocomm issued the following statement:

“We have always believed that India will become a leading economic power in the world by adopting the power of breakthrough technologies. This was the vision and conviction that gave birth to Jio. The speed, scale and societal impact of Jio’s 4G rollout is unmatched anywhere in the world. Now, with a bigger ambition and stronger resolve, Jio is set to lead India’s march into the 5G era. We will celebrate ‘Azadi ka Amrit Mahotsav’ with a pan India 5G rollout. Jio is committed to offering world-class, affordable 5G and 5G-enabled services. We will provide services, platforms and solutions that will accelerate India’s digital revolution, especially in crucial sectors like Education, Healthcare, Agriculture, Manufacturing and e-Governance and make another proud contribution to Honourable Prime Minister’s DIGITAL INDIA MISSION.”


New CXL 3.0 spec doubles the data rate to 64GTs

The CXL Consortium announced the release of the CXL 3.0 specification, doubling the data rate to 64GTs compared to the 2.0 generation.

The idea with CXL is to maintain memory coherency between the CPU memory space and memory on attached devices, allowing resource sharing.


“Modern datacenters require heterogenous and composable architectures to support compute intensive workloads for applications such as Artificial Intelligence and Machine Learning – and we continue to evolve CXL technology to meet industry requirements,” said Siamak Tavallaei, president, CXL Consortium. “Developed by our dedicated technical workgroup members, the CXL 3.0 specification will enable new usage models in composable disaggregated infrastructure.”

Highlights of the CXL 3.0 specification:

  • Fabric capabilities
  • Multi-headed and Fabric Attached Devices o Enhanced Fabric Management
  • Composable disaggregated infrastructure
  • Better scalability and improved resource utilization o Enhanced memory pooling
  • Multi-level switching
  • New enhanced coherency capabilities o Improved software capabilities
  • Doubles the bandwidth to 64GTs
  • Zero added latency over CXL 2.0
  • Full backward compatibility with CXL 2.0, CXL 1.1, and CXL 1.0

Board members of the CXL Consortium included Alibaba, AMD, Arm, Cisco, Dell, Google, HPE, Huawei, IBM, Intel, Meta, Micron, Microsoft, Nvidia, and Samsung. 

https://www.computeexpresslink.org/download-the-specification


Marvell to acquire Tanzanite for Compute Express Link (CXL)

Marvell agreed to acquire privately-held Tanzanite Silicon Solutions, a start-up based in Milpitas, California that is developing advanced Compute Express Link (CXL) technologies. Terms of the all-cash transaction were not disclosed. Marvell said the future cloud data center will be built on fully disaggregated architecture utilizing CXL technology, requiring greater high-speed interconnectivity than ever combined with optimized compute, networking,...

Rambus to acquire Hardent for semiconductor design team

Rambus agreed to acquire Hardent, a professional services company specializing in electronic product design and engineering. The company, which is based in Montreal, has 20 years of semiconductor experience in silicon design, verification, compression, and Error Correction Code (ECC). Financial terms were not disclosed.Rambus says the acquisition augments its team of engineers at Rambus and accelerates the development of CXL processing solutions...


Video: CXL will completely transform server architecture

https://youtu.be/n6yIAwsrjo4
 

What is CXL and why is it the hot topic at this year's Flash Memory Summit?

Compute Express Link  (CXL) is an industry-supported Cache-Coherent Interconnect for processors, memory expansion and accelerators. Earlier this year, Marvell a rivately-held Tanzanite Silicon Solutions, a start-up based in Milpitas, California developing advanced CXL technologies. 

The big idea is to aggregate the vast amounts of memory that is currently stranded in servers across a data center into a common pool of composable memory.


DigitalBridge form Xenith Infrastructure Group for HKG and Singapore

DigitalBridge Group and funds affiliated with Columbia Capital have formed Xenith Infrastructure Group, a new fiber platform serving hyperscalers, data center operators, carriers and enterprises in the Asia-Pacific region

Xenith IG’s initial assets comprise conduit and fiber assets in Singapore and Hong Kong, which it acquired from Superloop.

Xenith IG will be led by Clement Goh, who was appointed Chief Executive Officer, effective August 1, 2022. Mr. Goh brings more than 20 years of digital infrastructure and technology sector experience in the Asia-Pacific market to Xenith IG.

Mr. Goh said, “I am honored to serve as Xenith IG’s CEO and look forward to working with the entire team to address the increased demand for reliable and high-performance fiber connectivity as digitalization continues to grow in this region. DigitalBridge and Columbia Capital are global leaders in building digital infrastructure businesses, and I am excited to partner with them to deliver dense and high-quality fiber networks serving the current and future requirements of our customers.”

“We believe Xenith IG is ideally positioned to capitalize on the significant growth of network demand observed in Asia-Pacific,” said Justin Chang, Managing Director and Head of Asia at DigitalBridge. “We are also thrilled to welcome Clement in his role as CEO. Clement brings a deep understanding of the connectivity and data center businesses in this region, and we look forward to working with him to grow the Xenith IG platform into a premier fiber infrastructure provider in this region.”

https://www.digitalbridge.com

https://www.xenithig.com

DigitalBridge appoints Tae Ahn as MD of Asia Capital Formation 

DigitalBridge Group appointed Tae E. Ahn as Managing Director and Head of Asia Capital Formation at DigitalBridge Investment Management. Based in Singapore, he will work alongside DigitalBridge’s existing team with a focus on capital formation, coinvestment and client relationship management across Asia-Pacific.Prior to joining DigitalBridge, he served as Senior Client Relationship Manager and Head of Korea at global private markets firm Partners...

DT to sell 51% stake in towers business to Digital Bridge and Brookfield

Deutsche Telekom will sell 51 percent of GD Towers comprising its tower assets in Germany and Austria, to Digital Bridge and Brookfield at 17.5 billion euros enterprise value on a cash and debt free basis. With around 800 employees, GD Towers operates more than 40,000 sites in Germany and Austria and has a successful track record in delivering new sites for its anchor tenant Telekom Deutschland and securing revenues with third party customers....


Semtech to acquire Sierra Wireless, bringing together LoRa + Cellular IoT

Semtech agreed to acquire Sierra Wireless, a leading supplier of Internet of Things (IoT) solutions, for US$31 per share in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion.

Semtech said the deal will significantly expand its addressable market and is expected to approximately double Semtech’s annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market. 


Significantly, the merger brings together Semtech's LoRa with Sierra Wireless' cellular IoT to enable the digitization of the industrial world with a comprehensive chip-to-Cloud platform.

Semtech expects the combination of Sierra Wireless’ cellular capabilities across its modules, gateways and managed connectivity together with Semtech’s LoRa-enabled end nodes to create a uniquely differentiated IoT portfolio which will enable a plethora of new IoT use cases to be conceived.

“We believe the next era of technology growth is the full digitization of our industrial world – the Internet of Everything. Our vision is to build a simple, horizontal platform with the goal of accelerating this transformation and to bring about a smarter and more sustainable planet,” said Semtech president and chief executive officer, Mohan Maheswaran. “This exciting strategic acquisition of Sierra Wireless is a critical part of bringing this vision to life through the combination of cellular, LoRa and Cloud services. Together, with the world-class Sierra Wireless engineering team, we will be positioned to advance the market with multi-radio solutions that bring new chip-to-Cloud services to support customers and grow our business.”

“Over the last year, Sierra Wireless has taken decisive steps to profitably grow the business, and I am proud that the progress we have made has culminated in this exciting transaction. Together with Semtech, we will be able to extend the reach of IoT solutions by scaling, optimizing and ultimately delivering an even stronger product portfolio and service model to customers,” said Phil Brace, president and chief executive officer of Sierra Wireless. 

https://www.semtech.com

Monday, August 1, 2022

Arista clocks its first billion dollar quarter, acquires Pluribus

Arista Networks reported Q2 revenue of $1.052 billion, an increase of 20.0% compared to the first quarter of 2022, and an increase of 48.7% from the second quarter of 2021. GAAP gross margin was 61.2%, compared to GAAP gross margin of 63.1% in the first quarter of 2022 and 64.2% in the second quarter of 2021.

Non-GAAP net income was $342.7 million, or $1.08 per diluted share, compared to non-GAAP net income of $216.8 million, or $0.68 per diluted share in the second quarter of 2021.

Commenting on the company's financial results, Ita Brennan, Arista’s CFO said, “We are pleased with overall business momentum in the quarter with strong revenue growth driving significant EPS upside and demonstrating the inherent operational leverage of the business model.”

“In Q2 2022, we achieved our first billion-dollar revenue quarter, despite the challenges of an uncertain supply chain environment,” said Jayshree Ullal, President and CEO of Arista Networks. “This record milestone further validates the customer value of Arista’s differentiated cloud networking platforms, now adopted by many of the largest cloud and enterprise customers around the world.”

Arista also noted its acquisition of privately-held Pluribus Networks.  Financial terms were not disclosed. Pluribus, which was based in Palo Alto, California, developed software-defined cloud fabrics. Ericsson has been partnering with Pluribus Networks for the unified cloud network fabric of the Ericsson NFVI solution since 2016.  Pluribus has also been endorsed by NVIDIA for DPU-based networking.

Arista also noted on-going supply chain issues.

https://www.arista.com/en/company/news/press-release/15867-pr-20220801

  • Over the years, Pluribus announced $145 million in venture funding over multiple rounds.

Pluribus nets $20 million to advance its distributed cloud networking

Pluribus Networks announced $20 million in new funding for its solutions for distributed cloud networking and SDN automation.Pluribus said it will use the financing to bolster R&D for multiple new product initiatives along with sales and marketing resources that will further accelerate the company’s penetration into the distributed cloud market, while supporting expansion into adjacent sectors.“With such pronounced momentum of cloud infrastructure...

Video: Four Key Things to Know about Edge Data Center Networking

The buildout of edge data centers will be one of the big investment trends for 2021. In this 3-minute clip, Mike Capuano, Chief Marketing Officer of Pluribus Networks, outlines 4 key things to know about edge data center networking.See video: https://youtu.be/rGEv052x0UkDownload our free 2020 Next-Gen Edge and Beyond Report here: http://ngi.how/edge-2...

Pluribus scales up with its Adaptive Cloud Fabric

Pluribus Networks introduced a number of architectural enhancements to its Adaptic Cloud Fabric to scale hybrid clouds and edge data centers to thousands of nodes.The Pluribus Adaptive Cloud Fabric, powered by the Netvisor ONE OS and open network switching hardware, leverages a controllerless SDN architecture that incorporates network automation, virtualization, secure segmentation, visibility and analytics.The company is introducing two complementary...

Dell'Oro: Campus switch sales rise despite supply chain issues

Worldwide sales of campus switch sales rose 7% in 1Q 2022, with growth across North America, Europe, Middle East and Africa, and China, according to a new report from Dell'Oro Group. North America accounted for more than half of the sales increase during the quarter.“Remarkably and despite ongoing supply challenges, 1Q 2022 marked the fourth consecutive quarter of high single-to-double-digit growth in the market,” said Sameh Boujelbene, Senior Director...

Dell'Oro: Data center switch sales up 16% in 1Q 2022

Global data center switch sales grew robustly in 1Q 2022, reaching the second-highest revenue ever captured in the market, just 2 percent below the record sales level achieved in the prior quarter. Arista, H3C, Juniper, Star-net Ruijie, and white box vendors captured most of the growth in the market, according to a recently published report from Dell’Oro Group. Arista grew the fastest and was able to gain more than two points of revenue share during...

Arista intros 7130 Series of low latency programmable switches

Arista Networks introduced ultra low latency, highly programmable 7130 Series switching systems designed for demanding in-network applications, such as financial trading. The Arista 7130 Series of low latency programmable switchesare powered by full-featured, programmable switching silicon and ultra low latency Layer 1 and highly scalable FPGAs. The expanded 7130 Series includes two new models that integrate full-featured L2/3 switching and...