Cisco intends to acquire Splunk, a leading cybersecurity and observability company, for $157 per share in cash, representing approximately $28 billion in equity value.
Telecom Vendors
Huawei and Ericsson Forge Long-Term Patent Cross-Licensing Accord
In a groundbreaking move, global technology giants Huawei and Ericsson have sealed a long-term, comprehensive patent cross-licensing agreement. This accord encompasses patents deemed essential to a vast spectrum of standards, including 3GPP, ITU, IEEE and IETF standards for 3G, 4G and 5G cellular technologies. It extends across both companies' sales of network infrastructure and consumer devices, ushering in a new era of collaboration and innovation by granting each party global access to the other's patented, standardized technologies.
Huawei, MTC Forge Dynamic Partnership and Launch eKit SOHO Products in UAE
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has embarked on a transformative journey of connectivity in collaboration with MTC, unveiling the revolutionary eKit SOHO (small office/home office) products to the UAE market, supported by the Huawei eKit platform.
Despite Restrictions, Huawei Achieves Impressive 15% Net Profit Margin in H1 2023
Huawei, the global ICT leader, announced its H1 2023 business results, and its overall performance was in line with the forecast. In fact, 2023 marks the first year that the company has returned to business as usual post-pandemic, despite all the external restrictions and challenges it continues to face.
Nokia Revolutionizes IP Access, Aggregation and Edge Networks
Nokia expands its industry-leading IP router portfolio with the introduction of the new 7730 Service Interconnect Router (SXR) product family. The new platforms bring the service router performance, security, assurance and sustainability customers rely on from Nokia at the IP edge and core into advanced IP access and aggregation networks. The scale and capabilities of the new platforms also make them ideal for smaller/distributed IP edge locations, addressing the increased capacity and capability demands driven by broadband investments and evolving cloud network architectures.
Huawei's Pangu-Weather: Real-Time AI Weather Predictions Now Available to Public
As climate change drives global temperatures to unprecedented highs, weather extremes are becoming more frequent. Traditional weather prediction methods demand substantial computing power, but a groundbreaking solution has emerged. Huawei's Pangu-Weather AI model, developed by Huawei Cloud, promises a remarkable 10,000-fold improvement in prediction speeds, enabling weather forecasts within seconds.
Rakuten Symphony Faces Pressure in Challenging Times
Known as an open RAN advocate, Tareq Amin has stood down as CEO of Rakuten Mobile and Rakuten Symphony with immediate effect, for personal reasons. This came as a surprise and unfortunate timing, as the two Rakuten Group subsidiaries have yet to reach their targets.
Converged Charging: Nokia Begins Deployment of 5G Monetization and Service Delivery System
Nokia has recently announced the initiation of the deployment of its Converged Charging (NCC) software for Vodafone in multiple European countries. This deployment utilizes a cloud-based agile delivery model, enabling efficient rating and charging for 5G services while enhancing the delivery of products and services to customers.
Huawei Cloud Begins Operation to Boost Saudi Arabia’s Digital Economy Infrastructure
Huawei Cloud announced the launch of the Huawei Cloud Riyadh Region, which is going live immediately. Unveiled at the Huawei Cloud Summit Saudi Arabia 2023, the new Riyadh Region will help promote digital-led economic growth in the country.
China Mobile and ZTE Successfully Validate Technologies for Wireless Network Digital Twin
ZTE Corporation, a global leader in information and communication technology solutions, and China Mobile have jointly completed the research and laboratory verification of key technologies for their wireless network digital twin. This milestone includes multi-service twinning, wireless channel twinning and intelligent optimization decision-making based on ZTE's high-fidelity wireless network digital twin platform.