Press Releases

Speedcast adds 13 gbps of new capacity to its unified global platform at record setting pace to meet customer growth surge

Houston, United States. 25 May, 2022 — Speedcast announced that in response to surging demand in the cruise and energy markets it serves, the company has significantly expanded its unified global platform (UGP), adding 13 gbps of capacity to its network over the last month. (more…)

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May 25, 2022

Posted by: Janmesh Chintankar

Mobileum and Digis Squared announce partnership to provide comprehensive edge to edge network testing and analytics

Cupertino, United States and London, United Kingdom. 24 May 2022 – Mobileum Inc. (“Mobileum”), a global provider of analytics solutions for roaming and network services, security, risk management, testing and service assurance, and subscriber intelligence, and Digis Squared, a market provider in network services and AI-assisted tools, announced that the companies have entered a strategic partnership to bring a comprehensive set of network testing and cognitive optimisation solutions to market. (more…)

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May 24, 2022

Posted by: Janmesh Chintankar

Pod Group launches ENO ONE global, the key to massive global deployment of IoT devices

Cambridge, United Kingdom. 24 May 2022 – Following the launch of its single SKU eSIM ENO ONE for the US market at CES earlier this year, Pod Group – a Giesecke+Devrient (G+D) company and the enterprise network operator (ENO) – has in the run up to Hannover Messe, announced the launch of ENO ONE global, a multi featured eSIM that offers the widest choice of public native and roaming profiles globally, in addition to private network profiles and customised SIM applets to enhance security, provisioning and device management.

(more…)

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Posted by: Janmesh Chintankar

Paymo launches payments platform PM payments

Knoxville, United States – Paymo, the project management, time tracking, and invoicing software, announced the launch of PM payments, an integrated platform that allows Paymo users to get paid online with a single click.

PM payments is a fully integrated, custom built payment solution that provides small and midsize companies with a simple and secure way to accept payments. Delivering invoices with “Pay Now” functionality at or near the time of service typically nets payment about two days earlier while simplifying the process with one click. A client can pay an invoice by credit card or ACH.

“The smartest businesses are accelerating their use of technology to better serve customers with added convenience, while increasing their own efficiency and profitability with integrated solutions,” says Jan Lukacs, CEO and co founder of Paymo. “With integrated payments, you don’t wait for checks to arrive by mail. Instead, you empower your clients to pay invoices digitally, anytime and from anywhere, with their preferred payment methods.

The launch and integration of PM Payments into Paymo consolidates the platform as an efficient all in one solution that allows professional service agencies, firms, and freelancers to manage their projects and work from start to finish in one central location.

To learn more about the features and benefits of PM Payments, visit the Paymo blog.

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May 23, 2022

Posted by: Janmesh Chintankar

Renesas RA family MCUs achieve CAVP certification for comprehensive suite of cryptographic algorithms

Dusseldorf, Germany. 19 May, 2022Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced that the security engine of its RA Family of 32-bit Arm® Cortex®-M microcontrollers (MCUs) has been certified by the National Institute of Standards and Technology (NIST) cryptographic algorithm verification program (CAVP). The drivers to utilise the certified SCE9 protected mode are included in the RA family flexible software package (FSP) v3.6.0 and later.

(more…)

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May 19, 2022

Posted by: Janmesh Chintankar

Cohesity Helios integrates with Palo Alto Networks Cortex XSOAR to help AI-powered ransomware detection and recovery

London, United Kingdom. 18 May, 2022 Cohesity, a next gen data management, announced it has joined forces with Palo Alto Networks to integrate its Cohesity Helios next gen data management platform with Palo Alto Networks’ CortexTM XSOAR security orchestration, automation and response (SOAR) platform for improved ransomware detection and recovery.  (more…)

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Posted by: Janmesh Chintankar

Virtusa is now a global systems integrator for WSO2

London, United Kingdom – 18 May, 2022 – Virtusa, a global services provider, and WSO2, the digital transformation technology provider, announced that Virtusa is now a WSO2 global systems integrator (GSI). Through this partnership, Virtusa will deliver digital transformation solutions based on WSO2’s platforms to Virtusa’s diverse global customer base. (more…)

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Posted by: Janmesh Chintankar

Ground Labs introduces Enterprise Recon 2.6, enabling organisations to discover data

Austin, United States. 18 May, 2022Ground Labs, the provider of data discovery solutions, announced the general availability of Enterprise Recon 2.6, the latest version of its solution, Enterprise Recon. This new release introduces new platform integrations along with improved authentication workflows to ensure compliance while supporting enterprise remediation and interoperability. (more…)

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May 18, 2022

Posted by: Janmesh Chintankar

Renesas to invest and restart operation of Kofu Factory as 300mm wafer fab dedicated for power semiconductors

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.

(more…)

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May 17, 2022

Posted by: Janmesh Chintankar

Syniverse and Twilio close on strategic partnership to unlock the power of communications technology

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