San Jose, California – Energous Corporation, a developer of RF-based charging for wireless power networks, announced Sekorm as a value-added partner in China. Through its partnership with Sekorm, Energous gains access to more industrial Internet of Things (IIoT) design communities, marketing and sales capabilities, and increased awareness of its WattUp wireless power network technology in China. (more…)
May 18, 2022
Posted by: Shriya Raban
Mentor, Ohio & San Diego – Avery Dennison Corporation, the provider of RFID and digital ID solutions, and Wiliot, the Internet of Things provider, announced a strategic partnership dedicated to scaling the IoT to the next level, creating a new era of IoT that benefits people and the planet. (more…)
Posted by: Shriya Raban
Keyfactor, the machine and IoT identity platform for modern enterprises, today announced a technology integration with Fortanix, the data first multi-cloud security company and a Confidential Computing provider. The new integration allows enterprises and managed service providers to effectively manage all machine identities across hybrid and multi-cloud infrastructure while reducing complexity in ensuring sensitive private keys remain protected. (more…)
Posted by: Shriya Raban
Hampshire, UK. 16 May 2022 -A new study from Juniper Research has predicted that global savings in CO2 emissions from smart traffic management systems will be 205 MMT (Million Metric Tons) by 2027; a growth of 41%, up from just 145.7 MMT in 2022. This significant saving will be equal to almost twice the CO2 emissions arising from UK domestic transport in 2019. Reducing congestion through optimised traffic control will be the main influencing factor. (more…)
Posted by: Shriya Raban
Tokyo, Japan. 17 May, 2022 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced that it will conduct a [¥90 billion (€0.66 billion)] worth investment in its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan. While the factory was closed in October 2014, Renesas intends to reopen the fab in 2024 as a 300mm wafer fab capable of manufacturing power semiconductors.
May 17, 2022
Posted by: Janmesh Chintankar
Singapore. 17 May 2022 – MATRIXX Software, a global specialist in 5G and real-time monetisation solutions, today announced it has deepened its partnership with StarHub, a homegrown Singapore digital service provider that delivers communications, entertainment and the most enriching experiences. MATRIXX will now provide its cloud native, converged charging system (CCS) as a key component of StarHub’s transformed digital IT infrastructure that supports its mobile postpaid and prepaid customers, for both existing 4G and 5G Standalone (5G SA) services. (more…)
Posted by: Shriya Raban
London, UK. 17 May 2022 – DevicePilot, the service management platform for smart energy and smart home companies, today announced the launch of DevicePilot Core. Core is DevicePilot’s major update since the company’s launch in 2016. It enables customers to manage their smart products at costs as low as 1p per device per month, reducing both the human and machine costs required for maintaining large estates of connected devices. (more…)
Posted by: Shriya Raban
Leuven, Belgium. 16 May 2022 – Septentrio, a Specialist in high-precision GNSS/INS* positioning and orientation solutions, takes a step today towards simplifying the integration process of its inertial GNSS receivers. RxLeverArm software tool has been released to aid GNSS/INS installation and improve accuracy, with automatic optimisation of lever-arm settings. (more…)
Posted by: Shriya Raban
Tampa and San Francisco, United States. 16 May, 2022 – Syniverse, communications technology provider to carriers and enterprises, and Twilio, the customer engagement platform that drives real time, personalised experiences for today’s brands, announced that the companies have closed on their previously announced strategic partnership. Twilio has invested [$750 million (€720.50 million)] for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake.
Under the terms of the transaction, Twilio has invested [$750 million (€720.50 million)] in Syniverse, with Syniverse concurrently having raised [$1.025 billion (€0.98 billion)] in new term loan debt and [$340 million (€326.63 million)] in new preferred equity, the proceeds of which were primarily used to reduce leverage.
Syniverse’s chief executive officer Andrew Davies comments, “This transaction provides Syniverse with the enhanced liquidity and financial flexibility that will enable us to accelerate investment in innovation, product quality, and breadth to benefit our enterprise and carrier customers around the world. Our partnership with Twilio, combined with our enhanced balance sheet following this new infusion of capital, leaves us well positioned to more effectively monetise the 5G and CPaaS revolutions, deepen our engagement with our customers across key industry verticals and create long-term value and opportunity for all our stakeholders.”
Through this partnership, Syniverse will benefit from Twilio’s breadth of experience serving enterprise customers to capitalise on the next wave of growth in digital communications. Syniverse will also be even better positioned to serve its carrier customers and support continued innovation, customer service and lasting growth.
Simon Khalaf, Twilio’s senior vice president and GM of communications Platform, says “We are pleased to have closed this partnership and investment to accelerate the next wave of innovation in mobile communications and drive long-term growth.”
James Attwood, senior advisor at Carlyle and Chairman of Syniverse, says “Today marks a new day for Syniverse and for Carlyle’s investment in the business. We look forward to continuing to partner with Syniverse and Twilio to accelerate the next wave of innovation in intelligent connectivity and communications.”
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May 16, 2022
Posted by: Janmesh Chintankar
Herndon, United States. 16 May, 2022 – ST Engineering iDirect, a global provider in satellite communications, will provide internet service provider and longtime customer, InterSAT Communication Services FZCO, with a significant technology upgrade, enabling it to deliver enhanced services to its customers across the African continent. The upgrade to its existing evolution platform will allow InterSAT to leverage new technologies and efficiencies to remain competitive in an increasingly challenging market. (more…)
Posted by: Janmesh Chintankar