To support India’s growing digital economy, which is expected to reach [$1 trillion (€0.92 trillion)] by 20261, Equinix, Inc., a digital infrastructure company, announced an investment of [$42 million (€38.49 million)] for its fourth International Business Exchange (IBX) data centre in Mumbai, called MB4. The new facility will allow local and overseas businesses to expand their digital capability as a foundation to accelerate digital transformation in India. (more…)
August 16, 2023
Posted by: Janmesh Chintankar
Tillman FiberCo, LLC, a developer and owner of symmetrical gigabit broadband, and Northleaf Capital Partners, a global private markets investment firm, announced a partnership. Funds managed by Northleaf have made an initial investment of [$200 million (€183.26 million)], with the potential to invest up to [$300 million (€274.89 million)] more as Tillman FiberCo scales its operations. (more…)
Posted by: Janmesh Chintankar
Telenor announced that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco. Telenor sells its 44.6% share of Working Group Two, in a transaction where Cisco will acquire all shares in the company for an enterprise value of [$150 million (€137.03 million)]. Working Group Two will be incorporated fully into Cisco.
August 14, 2023
Posted by: Janmesh Chintankar
Iveda has announced a newly signed contract with a government agency in Taiwan worth approximately [$1.7 million (€1.55 million)] gross revenues. Through this contract, Iveda will provide networking equipment and interprocess communication (IPC) computers to 45 new locations nationwide, assisting the agency in designing and installing a video command, communication, and control system. (more…)
Posted by: Janmesh Chintankar
Calix, Inc., has announced expanded security measures in Calix SmartBiz, a solution designed to empower broadband service providers (BSPs) to serve their small business markets. With 43% of all cyberattacks targeting businesses with fewer than 250 employees, small and medium business owners need affordable cybersecurity solutions tailored to their needs. (more…)
August 12, 2023
Posted by: Janmesh Chintankar
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) secured nearly [$5.5 million (€4.99 million)] in the first round of grants from the Public Wireless Supply Chain Innovation Fund. The [$1.5 billion (€1.36 billion)] Wireless Innovation Fund supports the development of open and interoperable wireless networks as part of the Biden-Harris Administration’s Investing in America agenda. (more…)
August 10, 2023
Posted by: Janmesh Chintankar
Lantronix Inc., a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, announced that technology executive Philip Brace is joining the company’s board of directors as an independent director. Following the appointment of Brace, the Board will comprise of six directors, all of whom are independent under applicable listing standards of the Nasdaq stock market. (more…)
Posted by: Janmesh Chintankar
AppDirect, a B2B subscription commerce platform, has announced its expanded partnership with Vodafone Business, a technology communications company helping organisations succeed in a digital world and keeping society connected. This partnership enables AppDirect technology advisors to sell Vodafone Business’ communications services in channel and gives both companies increased access to international markets. (more…)
August 9, 2023
Posted by: Shriya Raban
Schneider Electric, a provider in the digital transformation of energy management and automation, has launched the Lexium cobot. This collaborative machine features next-generation automation and advanced industrial robotics technology, designed to work closely alongside humans to perform diligent movements.
Posted by: Janmesh Chintankar
Wi-Fi Alliance has established Wi-Fi Alliance Services as a wholly owned subsidiary to provide Automated Frequency Coordination (AFC) services in response to industry demand. This is time for Wi-Fi industry and a compelling opportunity for newly formed subsidiary to serve a pivotal role in accelerating broad access to standard power 6 GHz spectrum operation once approved for commercial operation by Federal Communications Commission (FCC) and other national regulatory authorities. (more…)
August 7, 2023
Posted by: Shriya Raban