Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson. As part of the investment, Francisco Partners invests US$200 million to acquire a 16.7 percent ownership in iconectiv. The partnership between Ericsson and Francisco Partners will enable iconectiv to accelerate growth and deliver shareholder value.
Big Data and Analytics NA
Canadian telco TELUS and Nuage Networks from Nokia have joined forces to launch TELUS Network as a Service (NaaS), a new software-defined wide area network (SD-WAN) solution that enables businesses to virtually build, manage and cloud-optimize their networks quickly, easily and cost-effectively through a flexible self-serve platform.
At Lenovo's TRANSFORM event held in New York on June 20, the company unveiled an end-to-end data center portfolio that enables customers to harness the power of the "intelligence revolution" and create a strong technology foundation that supports transformative capabilities such as data analytics, high-performance computing, hybrid cloud, artificial intelligence and machine learning.
Today we are standing at the beginning of the Fourth 'Intelligence' Revolution, said Yuanqing Yang, Chairman and CEO of Lenovo at the company's TRANSFORM event held in New York on June 20. Yang said Lenovo will "redefine IT" and encouraged "intelligent transformation" driven by cloud computing and artificial intelligence.
With the new Monet submarine cable to the US and the new SAC submarine cable to Africa, the connectivity in Brazil is growing by leaps and bounds. In conjunction with this growth the cloud/data center business is getting stronger. Global provider Equinix has opened a $69m International Business Exchange (IBX) data center in São Paulo, Brazil, the company's largest to date.
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