Stockholm, Sweden - Sinch AB (publ) - XSTO: SINCH Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire MessageMedia, a leader in mobile messaging solutions for small and medium-sized businesses in the United States and Australia, New Zealand, and Europe. Sinch will pay a total enterprise value of USD 1.3 billion, with a total cash consideration of USD 1.1 billion and 1,128,487 new shares in Sinch. Using yesterday s USD/SEK exchange rate of 8.27, this corresponds to an enterprise value of SEK 10,745 million. MessageMedia offers a web-based software-as-a-service (SaaS) suite that makes it easy to leverage two-way messaging without any need for coding or familiarity with API:s. It operates a highly automated and scalable tech platform that is purposefully tailored to meet the specific needs of small and medium-sized businesses. With a go-to-market motion built around digital
Casa Systems, Inc.: Casa Systems Extends 5G Standalone Core Availability to Google Cloud s Anthos
First demonstrable integration of Casa Systems cloud-native 5G standalone core platform with a hyperscale public cloud
Showcases 5G Core control and user plane separation performance across hundreds of miles for improved user experience and application performance
Delivers ultra-low latency with reduced end-to-end delivery costs and creates a path to 5G network deployment with centralized control and edge-based delivery intelligence
ANDOVER, Mass., June 09, 2021on Google Cloud s Anthos for single pane-of-glass management. Working closely with engineers in Google Cloud s ISV/SaaS Centre of Excellence, the field-tested solution successfully demonstrated the power of control and user plane separation of Casa Systems cloud-based 5G SA Core across hundreds of miles, driving down application latency to 10 milliseconds and reducing the end-to-end delivery cost up to 25% using local applic
"Beyond Cloud Adoption" Finds High-Performing Security Organizations Driving Dramatic and Substantive Change, and Reaping the Benefits of Going "All In" on CloudCAMBRIDGE, Mass., June 09, 2021, the cloud-native
By Justin Katz
Colonial Pipeline chief Joseph Blount faced a second round of questioning on Wednesday, this time from House lawmakers, including a series of inquiries about the financial ramifications of the $4.3 million ransom payment made to the criminal group Darkside in May.
During a House Homeland Security Committee hearing, where Blount appeared alongside a FireEye executive, Rep. Jim Langevin (D-R.I.) grilled the Colonial executive on whether his company held cybersecurity insurance and if the payment would be reimbursed.
Blount during testimony this week has repeatedly stated the decision to pay was his alone and defended it as the right one to make. Responding to Langevin, he said the company has submitted a claim to the insurance company but has not yet received a response.