Oasis Labs plans cloud platform based on blockchain

Oasis Labs, a start-up based in Berkeley, California, is reported to have raised $45 million in a private token sale for its "privacy-first public cloud platform based on blockchain. The idea is to ensure that privacy is built into each layer of the stack, from the application all the way down to hardware.  The system promises codified and self-enforceable privacy protection without relying on any central party.

Oasis Labs is headed by Dr. Dawn Song (CEO) who is Professor of Computer Science at University of California, Berkeley, and a MacArthur Fellow.

https://www.oasislabs.com

Read More

IEEE 5G World Forum: T-Mobile says 5G is AWESOME

"5G is AWESOME" -- that's the message delivered emphatically by Egil Gronstad, Senior Director of Technology Development and Strategy for T-Mobile USA, speaking to a mostly academic audience at the 2018 IEEE 1st 5G World Forum (5GWF’18) in Santa Clara, California this week. 

The main takeaway from his half-hour presentation: 5G is happening now at T-Mobile USA. The rollout is real and is proceeding if for no other reason than higher performance, which is always desirable in networking.

Some key takeaways:

• T-Mobile's 5G commercial rollout begins this year in 30 cities and will be fully nationwide within 2.5 years. T-Mobile will deploy its 5G RAN using both 600MHz and 28GHz millimeter wave spectrum. Previously, Nokia confirmed that its equipment has been selected for the initial rollout.
  
• A key learning is that 5G requires mid-band spectrum and T-Mobile's newly licensed 600 MHz spectrum is a strategic advantage
  
• Building penetration loss for 5G in mmWave spectrum is significant
  
• T-Mobile is not expecting to charge more for 5G service compared to its existing plans. The company expects to attract new customers and applications as the cost justification for upgrading to 5G
  
• Voice needs to ride on the 5G network as soon as possible. In the transition to 4G, it was a mistake for voice to continue on the 3G for so long.
  
• T-Mobile USA has no current plans for 5G fixed wireless service but is looking very closely at the business case.
  
• T-Mobile USA has added one million or more users each quarter for the past 20 quarters

Video of Egil Gronstad's presentation:
http://ieeetv.ieee.org/conference-highlights/ieee-5g-world-forum-keynotes-full-stream-day-3-2018

Read More

FCC looks to open 3.7 and 4.2 GHz for 5G

The Federal Communications Commission has identified up to 500 megahertz of mid-band spectrum between 3.7 and 4.2 GHz that could be open for 5G wireless services.

A newly adopted FCC order sets forth several steps toward making more mid-band spectrum available for terrestrial fixed and mobile broadband use.  Specifically, the Order will require Fixed Satellite Service earth stations operating in the 3.7-4.2 GHz band to certify the accuracy of existing registration and license information and will collect additional information from space station licensees on their operations in the band to assist the Commission and commenters in developing a clearer understanding of how the band is currently being used.  The Commission will then use this information to evaluate the most efficient way to drive the deployment of mid-band spectrum for mobile services and more intensive fixed services.

The FCC said its Notice also proposes to add a mobile (except aeronautical mobile) allocation to all 500 megahertz in the band and seeks comment on various proposals for transitioning part or all of the band for flexible use, working up from 3.7 GHz, including market-based, auction, and alternative mechanisms.  The Notice also seeks comment on allowing more intensive point-to-multipoint fixed use in some portion of the band, on a shared basis, working down from 4.2 GHz and on how to define and protect incumbent users from harmful interference, and it seeks comment on service and technical rules that would enable efficient and intensive use by any new services in the band.

"Our focus here is on making more intensive use of the 3.7-4.2 GHz band, commonly called the C-band.  To help us figure out the best way forward, we authorize the collection of additional information from the band’s current users.  That data will help us figure out how to accommodate the needs of incumbents, which are primarily using the band to provide Fixed Satellite Service.  It’ll also enable us to free up more spectrum for advanced wireless services," stated FCC Chairman Ajit Pai.

Read More

Intel to acquire eASIC for programmable logic

Intel agreed to acquire eASIC, a privately-held developer of field programmable gate arrays (FPGAs). Financial terms were not disclosed.

eASIC, which was founded in 1999 and is based in Santa Clara, California, helps customers to develop custom silicon with low up-front costs. The company says it can deliver tested prototypes in as little as 5 weeks from tape out.  The eASIC Platform replaces SRAM based routing with a scheme that utilizes a single via, significant die size reduction can be achieved compared to comparable density FPGAs.

eASIC's fifth generation Nextreme-3S, which is built on a 28nm CMOS process, can be used for logic, DSP or memory intensive designs and provides greater than 1 terabit of bandwidth using a combination of 28 Gbps and 16 Gbps high speed transceivers.

Following the acquisition, the eASIC team will join Intel’s Programmable Solutions Group.

https://www.easic.com/
https://newsroom.intel.com/editorials/mcnamara-psg-expands-portfolio/

Read More

DOJ to challenge AT&T's acquisition of Time Warner

The U.S. Department of Justice will appeal the decision by U.S. District Court in Washington, D.C. in the case involving the merger of AT&T and Time Warner.

On June 12th, U.S. federal judge Richard Leon ruled in favor of AT&T in the lawsuit brought by the Department of Justice to block its acquisition of Time Warner. Since then, AT&T has consummated its acquisition of Time Warner.

In response, David McAtee, AT&T General Counsel, issued the following statement: “The Court’s decision could hardly have been more thorough, fact-based, and well-reasoned.  While the losing party in litigation always has the right to appeal if it wishes, we are surprised that the DOJ has chosen to do so under these circumstances.  We are ready to defend the Court’s decision at the D.C. Circuit Court of Appeals.”

Read More

Apstra at Live Cisco: Intent-Based Analytics

In this video, Carly Stoughton talks about the new enhancements to Apstra's analytics offering and extensive telemetry suite for Day 0, 1 and Day 2 operations.




See video: https://www.youtube.com/watch?time_continue=206&v=MTH6doD1bI

Read More

Gogo announces restructuring

Gogo, which specializes in in-flight Internet connectivity, announced a corporated restructuring aimed at transforming its business model and cost structure.

Oakleigh Thorne, President and CEO of Gogo, said, "The initiatives we are executing under our Integrated Business Plan demonstrate our commitment to taking aggressive action to position Gogo for sustainable value creation. Gogo 2020 represents a new era for Gogo with a significantly reduced cost structure, much lower capital expenditures, and a streamlined and standardized approach to meeting the needs of our customers with improved quality and service. As we prioritize resources to strengthen the resiliency of our model, we remain focused on accomplishing our objectives without sacrificing our long-term growth opportunities and will continue to evaluate strategic options to drive revenue, monetize assets and realize the significant value of our business."

The Gogo 2020 plans calls for ,aterially reducing upfront equipment subsidies for airline contracts and reducing total operating spend in Gogo's Commercial Aviation "CA" business (excluding satellite costs) by nearly 20% by the end of 2020.

Gogo said it is reviewing strategic alternatives, including opportunities suggested by various strategic and financial parties, with the goal of maximizing shareholder value.

Gogo also updated its 2018 guidance as follows:

• Total revenue of $865 million to $935 million, in line with prior guidance;
• 2Ku incremental aircraft on-line to be at the low end of the prior guidance range of 550 to 650;
• Gross capex of $150 million to $170 million and cash capex of $110 million to $130 million, in line with prior guidance;
• Adjusted EBITDA guidance of $35-45 million.

Read More

Keysight intros next gen oscilloscopes for optical researchers

Keysight Technologies new Infiniium UXR series oscilloscopes to support terabit research with real-time bandwidth up to 110 GHz industry-leading sample rate (256 GSa/s) and signal integrity (lowest noise and jitter).

Keysight said its Infiniium UXR series enable researchers to accelerate time to market with PAM-4, 5G, and optical solutions, by ensuring signals are clearer, eye diagrams are open, and results are accurate.

In addition, when paired with Keysight’s new up to 110GHz Optical Modulation Analyzer frontend and the VSA-based optical modulation software, the Keysight Infiniium UXR series turn into an end-to-end solution for optical research.

Key features of the Keysight Infiniium UXR:

• 10-bit resolution and industry leading signal integrity enables customers to experience superior effective number of bits (ENOB) during characterization of progressively complex modulation standards,
• four full-bandwidth channels to reduce timing error when working with dual-polarization coherent modulation,
• full self-calibration which ensures ongoing measurement accuracy while eliminating the need to take the unit out of service,
• a chipset based on a Keysight-proprietary Indium Phosphide (InP) process that enables exceptionally wide bandwidth and extremely low noise floor.

“The Infiniium UXR Series enables development teams to gain an extraordinary advantage in the race to beat their competition to market,” said Ron Nersesian, Keysight president and CEO. “Only Keysight has the expertise to deliver a system that moves multiple performance points ahead simultaneously. The industry leading 110GHz bandwidth, low noise floor and jitter, enables the acceleration of new designs in high-speed digital, optical research, wideband wireless, and beyond.”

www.keysight.com/find/UXR

Read More

IP Infusion acquires Canadian software firm

IP Infusion, which supplies network software for telecom and data communications, has acquired Northforge Innovations, a Canadian-based software development company specializing in network infrastructure and network security. Financial terms were not disclosed. IP Infusion has been a customer of Northforge Innovations’ software development services for several years.

"Together, IP Infusion and Northforge will deliver next-generation OcNOS to satisfy the network quality and functionality requirements of service providers and data center operators," said Atsushi Ogata, President and CEO of IP Infusion. "We believe that our combined technology leadership, from IP Infusion’s years of networking operating software experience to Northforge’s extensive network communications expertise, will give networking customers more choices and the flexibility that disaggregated networking brings.”

Read More

Clearfield intros multi-purpose fiber patch panel

Clearfield announced general availability of its FieldSmart Fiber Crossover Multi-Purpose (FxMP) Patch Panel, which can be deployed in 19" or 23" frames; data center racks or cabinets; or in Outside Plant (OSP) cabinets.

The patch panel can be used to interconnect or cross-connect for up to 288 ports of high-density fiber.

“Clearfield’s FieldSmart FxMP Patch Panel is a game changer for the Fiber to the Home, Business, Data Center and Central Office markets with its ability to transform what has been a labor, training and installation intensive process to something simple, intuitive and straightforward,” said Kevin Morgan, Clearfield’s chief marketing officer. “Operators have been seeking help to rationalize the equipment used to deliver fiber services and Clearfield is the first to deliver.”

http://www.SeeClearfield.com

Read More

IEEE 5G World Forum: China Mobile sees Deep Rethinking with 5G

5G gives us the opportunity to rethink the fundamentals of cellular communications, said Dr. Chih-Lin I of China Mobile, speaking at the 2018 IEEE 1st 5G World Forum (5GWF’18) in Santa Clara, California this week. The deep rethinking refers to a reevaluation of basic cell infrastructure, including the base station, the fronthaul, the protocol stack, the air interface and even signalling and control systems. The core idea is to make everything software-defined everything. Keywords for this rethinking are open and smart. Rather than rely on one or two strategic vendors, China Mobile runs its own R&D programs.

Dr. Chih-Lin I said China Mobile is actively engaged with multiple vendors, academia, and the open source community, especially The Linux Foundation, with the goal of making its future network more agile and more energy efficient. For instance, China Mobile is one of the 5 founders of the O-RAN Alliance, which aims to open up the radio access network.


She said China Mobile is also especially interested in white box hardware in the RAN. Field trials are planned for later this year in Guangdong, Jiangsu, and Anhui. As a cost savings mechanism, China Mobile would like to see new suppliers in its networks.

China Mobile is also experimenting with various materials to help dissipate heat in base stations. This may also be included in future reference designs.

China Mobile, Huawei and Alibaba have established a Wireless AI Alliance (WAIA) to coordinate industry and academic research efforts in China for intelligent networking. Five working groups have been set up. Two whitepapers have been published.

Some additional highlights of the presentation

• China Mobile is the world's largest mobile operator with 902 million subscribers, of which 73% are now on 4G
• China Mobile's 4G network footprint covers 99% of China's population
• China Mobile has nearly 2 million base stations in operation, of which 63% are 4G LTE
• China Mobile has over 200 million VoLTE users
• 5G testing kicks off this year in 5 cities (Hangzhou, Shanghai, Guangzhou, Wuhan and Suzhou, with service demos planned for Beijing, Chengdu, and Shenzhen). Pre-commerical trials will be extended next year. China Mobile is targetting 2020 for 5G commercialization.

Video of Dr. Chih-Lin I's presentation 
http://ieeetv.ieee.org/conference-highlights/ieee-5g-world-forum-keynotes-full-stream-day-2-2018

Read More

Broadcom to acquire CA Technologies for $18.9 billion

Broadcom agreed to acquire CA Technologies (NASDAQ: CA) for $44.50 per share in cash, representing an enterprise value of $18.9 billion -- a premium of approximately 20% to the closing price of CA common stock on July 11, 2018.

CA, which was founded by Charles Wang and Russell Artzt in 1976 and formerly known as Computer Associates,  is one of the world's leading providers of information technology (IT) management software and solutions. The company is based in New York City and is primarily known for its B2B mainframe, distributed computing, and enterprise software.

Broadcom notes that CA benefits from predictable and recurring revenues with the average duration of bookings exceeding three years.

Hock Tan, President and Chief Executive Officer of Broadcom, said, "This transaction represents an important building block as we create one of the world's leading infrastructure technology companies. With its sizeable installed base of customers, CA is uniquely positioned across the growing and fragmented infrastructure software market, and its mainframe and enterprise software franchises will add to our portfolio of mission critical technology businesses. We intend to continue to strengthen these franchises to meet the growing demand for infrastructure software solutions."

"We are excited to have reached this definitive agreement with Broadcom," said Mike Gregoire, CA Technologies Chief Executive Officer. "This combination aligns our expertise in software with Broadcom's leadership in the semiconductor industry. The benefits of this agreement extend to our shareholders who will receive a significant and immediate premium for their shares, as well as our employees who will join an organization that shares our values of innovation, collaboration and engineering excellence. We look forward to completing the transaction and ensuring a smooth transition."

Trump blocks Broadcom's proposed takeover of Qualcomm

Monday, March 12, 2018  Broadcom, Merger & Acquisitions, Silicon  No Comments

President Trump signed an executive order prohibiting Broadcom from acquiring Qualcomm or proceeding with any substantially equivalent merger, acquisition, or takeover of the firm whether effected directly or indirectly.

The order cited "credible evidence" that Broadcom, along with its partners, subsidiaries, or affiliates, impairs the national security of the United States.

Trump said he was taking this action upon review of a recommendation from the Committee on Foreign Investment in the United States.

Broadcom issued a statement saying it was reviewing the order.

Qualcomm issued a statement saying all of Broadcom’s director nominees are also disqualified from standing for election as directors of Qualcomm. 'the company will reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date. Stockholders of record on January 8, 2018 will be entitled to vote at the meetin

Read More

Telstra activates LTE-Broadcast nationally

Telstra activated LTE-Broadcast (LTE-B) technology nationally in its mobile network.

Customers using Samsung Galaxy S8 and Galaxy S9 devices can now view HD streaming using the AFL Live Official app.

Telstra is conducting a live demo in Sydney featuring over 100 Samsung Galaxy S8 and Galaxy S9 devices running the app and using LTE-B.

“With the success of our AFL, NRL and Netball apps, we are now streaming live sports content to a massive base of around 1.2 million devices and sports fans consume 37 million minutes of live content over our apps on any given weekend.  This season we’ve seen an overall 58 per cent increase in customers streaming games. In some instances, more than twice the number of customers have streamed, compared to the same clash last year,” said Mr Wright, Group Managing Director Networks.

“We have invested in network capacity and continue to optimise our network to meet the demand for video sporting content for subscribers of the AFL, NRL and Netball Live Passes. Last year we announced 1.5 million subscribers and this year we are on track to see a significant increase.  Most recently, we have integrated LTE-B technology into the AFL Live Official app, which is delivering better quality video and audio experience for broadcast content, even in high traffic areas,” said Mr Wright.

Read More

NEC to build subsea cable to India's Andaman & Nicobar islands

India's Bharat Sanchar Nigam Limited (BSNL) has selected NEC to design, engineer, supply, install, test and implement an optical submarine cable system connecting Chennai and the Andaman & Nicobar Islands (A&N Islands).

NEC said the new contract is for a system that includes a segment with repeaters from Chennai to Port Blair and seven segments without repeaters between the islands of Havelock, Little Andaman (Hutbay), Car Nicobar, Kamorta, the Great Nicobar Islands, Long Island and Rangat. The cable will span approximately 2,300km and will carry 100G wavelengths.

"BSNL is pleased to select NEC for implementing this prestigious project. We trust NEC for the technological edge they hold in the domain and their commitment to adherence of timelines to ensure successful completion of the project. This project will enable much needed high capacity connectivity with the Andaman Islands and usher a new era of development for the region," said Mr. Anupam Shrivastava, Chairman and Managing Director BSNL.

"Connecting the A&N Islands to the Indian subcontinent with an optical submarine cable has been a long-time aspiration. NEC is extremely proud of being chosen by BSNL to serve these islands with its cutting edge submarine cable solution, which promises to bring the A&N Islands much closer to the world," said Toru Kawauchi, General Manager, Submarine Network Division in NEC. "Together with NECTI, our local Indian affiliate, we intend to fully capitalize on our regional expertise and to ensure the successful completion of this project.

Read More

Oclaro shareholders approve acquisition by Lumentum

Oclaro's stockholders voted to approve the merger agreement under which Lumentum will acquire Oclaro.  Approximately 96.2% of voting Oclaro stockholders cast their votes in favor of the proposal to approve the merger agreement, representing approximately 65.6% of Oclaro's outstanding common stock as of the record date for the Special Meeting of Stockholders.

Greg Dougherty, Oclaro CEO, commented, "Today our stockholders voted overwhelmingly to approve the combination of Oclaro and Lumentum.  Together, we will be an even stronger player in fiber optic components and modules for high-speed communications and a market leader in 3D sensing. We are excited and optimistic about the opportunities this creates for all of our stakeholders, including stockholders, employees, customers and partners."

Lumentum to acquire Oclaro for $1.8 billion

Monday, March 12, 2018  #OFC2018, Lumentum, Merger & Acquisitions, Oclaro  No Comments

Lumentum agreed to acquire Oclaro for approximately $1.8 billion in cash and stock.

Under the deal, Oclaro stockholders will be entitled to receive $5.60 in cash and 0.0636 of a share of Lumentum common stock for each share of Oclaro stock, representing a premium of 27% to Oclaro's closing price on March 9, 2018 and a premium of 40% to Oclaro's 30 day average closing price.  Oclaro stockholders are expected to own approximately 16% of the combined company at closing.

The combined company is expected to have annual revenue of $1.733 billion and an operating margin of 19%, prior to synergies from the combination.

Lumentum, which is based in Milpitas, California, supplies a range of optical components and subsystems for telecom, enterprise, and data center networking equipment. The company was created in 2015 as a split off from JDSU.

Oclaro supplies optical components and modules for the long-haul, metro and data center markets. The company is based in San Jose, California.

Read More

AT&T takes equity stake in Magic Leap

AT&T has made an equity investment in Magic Leap. Financial terms were not disclosed.

Magic Leap is the high-profile start-up developing an enhanced reality computing and visualization platform. The company is based in Plantation, Florida with offices in Silicon Valley, Seattle, Austin, Dallas, the UK, New Zealand and Israel.

Read More

Equinix to build data center in Oman

Equinix and Oman Telecommunications Company (Omantel) announced a joint venture to deliver data center and interconnection services to customers in the Middle East through the development of a new network-dense data center that will be located in Barka, near Muscat, the capital of Oman. Equinix and Omantel will both fund equity contributions in an amount of US$10 million for the joint venture representing a 50% shareholding each, and additional funds will be raised through debt financing assumed by the joint venture company.

Equinix said its planned IBX data center in Oman will benefit from connectivity to strategic cable landing stations (CLS) and subsea cable systems that terminate directly inside the facility.

Equinix will operate the new IBX data center, which will include 18,600 square feet of colocation space and approximately 750 cabinets at full build. The first phase of the three-phase build will include 250 cabinets and is expected to be completed and open for business by Q2 2019.

Read More

Cable ONE Selects Telia Carrier to Enhance IP Service Delivery

Cable ONE, a top 10 cable company based in Phoenix, Arizona, has selected Telia Carrier's IP Transit and backbone services to support growing customer demand across the 21 states they serve. Cable ONE has approximately 800,000 customers.

Cable ONE is laying the foundation for increased access to fiber capacity with the addition of 100G wavelength services on Telia Carrier’s global fiber backbone. The optical wavelengths will provide dedicated, high-bandwidth network capacity and low latency. Combined with enhanced geographic diversity, resilient infrastructure and closer proximity to the edge, Cable ONE is well placed to support the increasing needs of its customers in the markets they serve.

“Businesses today demand the highest-quality online experience to best serve their customers. Cable ONE understands this and is committed to providing those consumers with the highest-speed, most-resilient, dedicated bandwidth,” said Rob Pulkownik, director of market development, Telia Carrier, Inc. “The fact that Cable ONE chose Telia Carrier to deliver our services to meet these demands highlights our ability to turn up capacity quickly, while also providing a global backbone capable of meeting their demands now and in the future. We’re committed to partnering with Cable ONE to help them better serve their customers.”

Read More

ECI selected for Lithuanian National Research and Education Network

Kaunas University of Technology has selected ECI to upgrade and modernize the current national optical backbone network of LITNET, the Lithuanian national research and education network (NREN).

ECI will provide a full turnkey solution which includes design, installation and migration of legacy services. The advanced network will feature ECI’s Apollo 96XX family of high speed optical transport solutions.

“Research and education is the foundation of any country’s economy. Just a few months ago, we announced the establishment of the CERN Baltic Group to promote our cooperation and collaboration in CERN experiments and initiatives. Our research and education network makes this type of networking and collaboration possible,” said Raimundas Tuminauskas, head of computer network center at KTU. “Our networks serve a wide variety of constituencies, each with their own needs and requirements. As a result, they are designed to support a broad range of applications – like ultra-fast, high-performance computing, classroom teleconferencing and more. We’ve known ECI for quite some time. Of special importance was ECI’s experience in our sector, and the recommendations of our counterparts.”

“We are delighted to partner with LITNET to provide this new, next-generation network. The Apollo 96XX family affords a winning combination of 1G/10G/100G/200G/400G rates, Alien lambda support and flex-grid ROADMs. This future-proof set of deliverables are all part of ECI’s ELASTIC Network solution, chosen time and again by the NREN community worldwide,” said Christian Erbe, VP Sales EMEA at ECI.

Read More

Gigamon appoints Buckley as COO and Arkley as CFO

Gigamon announced the appointment of Dave Arkley as its Chief Financial Officer (CFO) and Shane Buckley as its new President and Chief Operating Officer (COO).

Arkley most recently served as CFO of International Decision Systems, and previously was with Vertafore, Edifecs, Parallels and Itron.

Buckley is joining from Xirrus where he was CEO prior to their 2017 acquisition by Riverbed. Before joining Xirrus, Buckley served as a general manager and senior vice president at NETGEAR and held various executive leadership positions at Rohati Systems, Nevis Networks, Juniper Networks, Peribit and 3Com,

"Dave and Shane bring a wealth of knowledge to our exceptional leadership team and their proven business acumen in high growth, global markets will be a tremendous asset as we navigate the rapidly evolving cybersecurity space," said Paul Hooper, CEO of Gigamon. "We look forward to leveraging their business, financial and strategy skills as we continue to execute our next phase of growth plans."

Gigamon's $1.6B privatization deal has been completed

Wednesday, January 03, 2018  Elliot, Gigamon, Network Visibility, Privatization, Visibility  No Comments

Gigamon confirmed the completion of its acquisition by Elliott Management, a leading multi-strategy private investment firm, and the Qatar Investment Authority.

The acquisition, valued at approximately $1.6 billion, was approved by Gigamon shareholders on December 22, 2017. As a result of the completion of the transaction, shareholders will receive $38.50 per share in cash and Gigamon common stock will no longer be listed for trading on the NYSE.

"This is a pivotal day for Gigamon employees, customers and partners around the world. With the acquisition complete, our team will continue to execute strategic initiatives that will both empower our customers with new, rich functionality and drive Gigamon to the next level of growth," said Paul Hooper, Chief Executive Officer of Gigamon. "As a private company, we will continue to build upon our leading technology foundation and transform the market we created and lead. With our Security Delivery Platform, we are in a unique position to enable NetOps and SecOps teams to work together addressing the common goal of securing their enterprise while containing costs and minimizing complexity. Working closely with Evergreen, we are entering a new and exciting era."

Elliott Management to privatize Gigamon in $1.6 billion deal

Thursday, October 26, 2017  Gigamon, Merger & Acquisitions, Privatization  No Comments

Elliott Management, a private investment firm known for shareholder activism, will acquire Gigamon for $38.50 per share in cash, for a total value of approximately $1.6 billion, making Gigamon a privately-held company. Elliott Management and its affiliates currently hold a 7.0% equity voting stake in Gigamon.

Gigamon's recent revenue trends
         2017                        2016
Q3    $79.2 million          $83.5 million
Q2    $69.1 million          $75.1 million
Q1    $69.6 million          $66.9 million

Read More