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January 15, 2021
Also in todays EMEA regional roundup: Deutsche Telekoms Access 4.0 platform goes live; everyone loves Tim Höttges; CityFibre rolls into Sunderland; EE extends unlimited mobile data offer for NHS workers. OneWeb, the satellite communications company jointly owned by the unlikely combo of the UK government and Indias Bharti Gobal, has secured additional funding from SoftBank Group and Hughes Network Systems, bringing OneWebs total funding to $1.4 billion. OneWeb was declared bankrupt in March 20...
January 14, 2021
Cisco has agreed to acquire Acacia for $115 per share in cash, or approximately $4.5 billion on a fully diluted basis, net of cash and marketable securities.
January 14, 2021
Under amended deal, Cisco is set to acquire Acacia for $115 per share, or roughly $4.5 billion, a sweetened deal that handily beats an original offer of $2.6 billion.
January 14, 2021
On the first episode of The Divide - a new series from the Light Reading Podcast - Ernesto Falcon, senior legislative counsel at the Electronic Frontier Foundation (EFF) talks with pod host Nicole Ferraro about the need for a commitment to fiber in the US and whats holding that up.
January 13, 2021
Partnership will expand distribution and availability of Viasats satellite Internet service in Brazil.
January 13, 2021
News Wire Feed Light Reading 1/13/2021 HANOVER, Md. – Consolidated Communications is working with Ciena (NYSE: CIEN) to upgrade its wireline network to support new and emerging 5G services and applications. Leveraging Cienas Adaptive IP solution, Consolidated Communications will address the critical need for better, more reliable connectivity as its customers shift to a more virtual environment. Key Facts: Consolidated Communications is a leadi...
January 13, 2021
Eeros CEO discusses Wi-Fi 6, pandemic connectivity and how the company is courting service provider broadband partners.
January 13, 2021
With markets seemingly craving tech IPOs, Zoom announces a $1.5 billion secondary share sale, to take advantage of shares now 10x the platforms IPO level.
January 12, 2021
Acacia CEO Murugesan "Raj" Shanmugaraj said his company is in a better position now than it was a year ago. The CEO spoke during an investor conference call on Monday evening and its the first time hes publicly addressed the latest dust-up with Ciscos pending acquisition of the optical components supplier. Shanmugaraj gave four reasons for his upbeat assessment. First, he noted the increased demand for coherent interconnects from cloud providers, telcos and cable networks. "Our products have ...
January 12, 2021
Also in todays EMEA regional roundup: Nokia helps Kalmar with cargo handling; Virgin Media touts whole-home Wi-Fi offering; Colt targets Microsoft Teams with cloud-based voice offering. Finlands Elisa has agreed to acquire CamLine, a German supplier of software to manufacturing industry, with a view to becoming a significant player in the smart-factory sector. The deal will combine Elisas strengths in data analytics and artificial intelligence with CamLines software expertise, which already has...