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Alternative Capital Group acquires Kaloom

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Capital Group , Alternative Capital Group , மூலதனம் குழு , மாற்று மூலதனம் குழு ,

What's up with… O2 + Virgin Media, Kaloom, Saguna, 5G

Kaloom attracts top-up funding
Saguna snapped up
The regulatory green light for a UK service provider mega-merger, funding for an edge networking specialist and the acquisition of an edge pioneer are at the top of today’s news pile.
The UK’s Competition & Markets Authority (CMA) has given the go-ahead for the merger between mobile operator
O2 (Telefónica UK) and cable operator
Virgin Media, a deal that creates a service provider with annual revenues of about £11 billion, more than 34 million mobile customers and over 5.5 cable broadband users. The deal was first announced more than a year ago and is now set to complete during the next 10 days, creating a significant rival for both BT and Vodafone. The flip side of the coin, though, is that mergers often create a mess, so it remains to be seen if this move works out well for the companies and, more importantly, their customers. Read more. ....

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Kaloom Raises $32.5M in Series A Funding

Kaloom, a Montreal, Canada-based provider of a programmable and automated cloud-native edge center networking software solution, raised further undisclosed funding.
The round, which was led by Alternative Capital Group, brought total Series A funding to USD32.5m. As a part of ACG’s investment, Kaloom appointed Stéphane Boisvert as President. Founder Laurent Marchand will retain his role of Chief Executive Officer.
The company intends to use the funds to speed up deployment and market adoption of its Unified Edge Solution.
Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that aims to innovate how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Its Cloud Edge Fabric™ is an automated and programmable network fabric with built-in support for network slicing featuring an embedded multi-Terabit p ....

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New president at Kaloom™

New president at Kaloom™
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MONTREAL, March 8, 2021 /PRNewswire/ - Laurent Marchand, founding President and CEO of Kaloom
TM, is pleased to announce that an agreement in principle, subject to various conditions, has been reached on a change of control transaction led by the management of the Company, in partnership with Alternative Capital Group Inc. The change of control transaction is planned to close, if all conditions are met, on April 22
nd, 2021.
TM as President. He will take up his duties on April 22, 2021.
Kaloom
TM s solutions are attracting strong interest from major telecom and data processing players around the world, says Laurent Marchand. Stéphane s leadership and international experience in forging long-term technological partnerships and signing contracts with the big players will enable Kaloom ....

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