Press Releases

Johnson Controls, FM:Systems expand OpenBlue digital building capabilities

Johnson Controls has acquired FM:Systems, a digital workplace management and internet of things (IoT) solutions provider for facilities and real estate professionals. The base purchase price for the transaction is $455 million (€405.51 million), plus additional payments to be made subject to the achievement of post-closing earnout milestones.  (more…)

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July 19, 2023

Posted by: Shriya Raban

DUCTECH selects SEALSQ’s trusted Matter certificate services for IoT devices

WISeKey International Holding Ltd has announced that its semiconductors and PKI (public key infrastructuresubsidiary SEALSQ Corporation was selected by DUCTECH Co., Ltd. This will provide Matter-trusted Device Attestation Certificates for DUCTECH’s motorised window curtains which can be controlled via a smartphone or remote control. (more…)

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July 18, 2023

Posted by: Shriya Raban

ALLO secures $650mn in sustainable financing to accelerate growth with Calix

Calix, Inc. has announced that longtime customer ALLO Communications (ALLO) has secured $650 million (€577.75 million) in sustainable financing, driven in part by their investment in the Calix broadband platform Calix Intelligent Access EDGE, Calix Cloud, and Calix Revenue EDGE. Sustainable finance is an investment that considers the environmental, social, and governance (ESG) factors of an economic activity or project. ALLO’s secured financing will help them further expand their green broadband network to subscribers across Nebraska, Colorado, and Arizona. (more…)

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Posted by: Shriya Raban

Infineon unveils smart power-switch family Power PROFET for automotive applications

Infineon Technologies AG has launched ultra-low ohmic high-side switches in a TO-leadless package, a Power PROFET + 12V switch family.

(more…)

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Posted by: Shriya Raban

Cityfibre launches UK’s wholesale consumer broadband services

CityFibre has announced launch of the UK’s wholesale 2.5Gbps symmetrical consumer broadband product. The launch heralds a new era of multi-gigabit broadband services for millions of UK homes, putting an end to the age-old battle for bandwidth.

(more…)

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July 17, 2023

Posted by: Shriya Raban

ATX joins NCTC’s Connected Supplier Partnership Programme

ATX Networks, a global provider of broadband access and media distribution solutions, recently joined the Connected Supplier Partnership Programme of the National Content & Technology Cooperative (NCTC). This represents more than 700 independent cable and broadband operators across the U.S. in programming and technology acquisition. (more…)

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Posted by: Shriya Raban

Extreme to drive engaging fan experiences at MLB All-Star Game events

Extreme Networks, Inc., a provider of cloud networking, has announced that it is an official partner of Major League Baseball All-Star Week happening July 7-11 in Seattle, Washington. Extreme Wi-Fi 6 solutions will enhance in-stadium fan experiences at both Lumen Field and T-Mobile Park. (more…)

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Posted by: Shriya Raban

3nets launches hybrid multi-cloud service delivery platform to benefit digital transformation

3nets, a software and solution provider, driven to assist business’ digital transformation journey, is launching 3nets | CloudNavigator. 3nets | CloudNavigator leverages cloud computing and multi-cloud networking (MCN) constructs along with private/telecom networks in building a service delivery platform (SDP) that businesses or service providers may utilise to simplify IT functions. (more…)

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Posted by: Janmesh Chintankar

Cavli Wireless raises $10mn to accelerate global expansion

Cavli Inc. has announced closure of its $10 million (€8.94 million) series A round from global investors. The round is led by Chiratae Ventures and Qualcomm Ventures. In addition, US technology conglomerate also participated in the round. (more…)

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July 13, 2023

Posted by: Shriya Raban

Adtran expands application lifecycle management with deep PON assurance for FTTX network monitoring

Adtran has announced the extension of its ALM infrastructure assurance solution, enabling simple and cost-efficient fibre monitoring of passive optical networks (PON). Already deployed in other types of network architecture, a technology now provides deep PON assurance, enabling communication service providers (CSPs) to monitor their PON infrastructure for any faults or degradation. (more…)

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Posted by: Shriya Raban