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…)
July 19, 2023
Posted by: Shriya Raban
Smartoptics, a provider of optical networking solutions, has announced that Broadband for the Rural North Ltd (B4RN) has partnered with Smartoptics to upgrade its rural UK network to 400Gbps. The upgrade project will make the network future-proof through 2030 with flexible and cost-effective network solutions.
Posted by: Janmesh Chintankar
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…)
July 18, 2023
Posted by: Shriya Raban
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…)
July 17, 2023
Posted by: Shriya Raban
Comtech has secured a [$30 million (€26.69 million)] contract from Fairwinds Technologies, LLC to provide Comtech’s next-generation Troposcatter Family of Systems (FOS) in support of US Army tactical communications. Under this contract, Comtech will provide its software-defined Troposcatter FOS to enhance US Army beyond-line-of-site (BLOS) communications capabilities across all domains. (more…)
Posted by: Janmesh Chintankar
eleven-x, a global provider of wireless, IoT and smart city solutions for cities, announced that it has been selected by the City of Kirkland, Washington to deploy its eXactpark smart parking solution in the city’s busy downtown area. This partnership aligns with Kirkland’s smart cities initiative which aims to leverage solutions to increase operational efficiency, share information with the public, deliver enhanced services and manage resources to improve the community’s quality of life. (more…)
Posted by: Janmesh Chintankar
Saudi Aramco Technologies has signed an agreement with Moxa to further develop and commercialise the Intelligent Integrated Node (IIN) technology. The IIN technology, developed together by Aramco and Moxa, replaces numerous devices from multiple vendors, and offers instrumentation control, monitoring, and edge computing capabilities in a single fault tolerant device. (more…)
July 14, 2023
Posted by: Janmesh Chintankar
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…)
July 13, 2023
Posted by: Shriya Raban
Managed networks and IT provider Evolve announces that it will now be able to support card transaction routing via BT Cardway. By directly interfacing with BT Cardway, Evolve can now offer its customers across the UK and Europe payment traffic routing with one of the UK’s long-established payment routing service providers. (more…)
Posted by: Shriya Raban
Puloli, an IoT solutions-as-a-service provider, has announced an investment by Artemis Energy Partners. Bobby Tudor, CEO and founder of Artemis Energy Partners has joined Puloli’s board of directors, offering invaluable insights, support, and thoughtful guidance. (more…)
July 12, 2023
Posted by: Shriya Raban