Big Data and Analytics NA

Firm invests US$200 million in Ericsson’s iconectiv business

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.

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Lenovo launches largest data center portfolio in its history

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.

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