Author: Desmond Dallen

  Zain brings 5G to Saudi Arabia with Nokia   5G realizes digital transformation and growth of the country in support of Saudi Arabia’s Vision 2030 27 June 2019 Espoo, Finland – Zain Saudi Arabia (Zain KSA), one of the world’s first 5G network operators, is bringing unprecedented change to the Kingdom of Saudi Arabia with the roll out of its 5G network using Nokia’s end-to-end portfolio. Under a three-year deal, thousands of 5G sites are being deployed bringing faster speeds and higher quality across its networks to support a renaissance in services for both the industrial sector and consumers. As well as enhancing mobile broadband services in the Kingdom, the ultra-high bandwidth and low-latency 5G network will enable new applications and services for advanced industrial automation, improved education, healthcare, entertainment, and more. Eng. Sultan Abdulaziz AlDeghaither, CEO of Zain KSA, said:  “Zain Saudi is a pioneer in introducing next-gen telecoms services and with this 5G deployment we continue that tradition as we will launch a wide range of new applications and services for our customers. We are confident that our long-term partner Nokia’s technologies and professional services will build a reliable and highly secure 5G network to revolutionize the way people live and work.” Amr K. El Leithy, head of the Middle East and Africa market at Nokia, said:  “We are committed to transforming the service experience for Zain’s...

Extreme Networks to Acquire Aerohive Networks   Acquisition Extends Extreme’s Leadership in Cloud Management and Wireless Networking, Adding Strong Subscription and Services Business   READING, UK, June 26, 2019 — Extreme Networks, (Nasdaq: EXTR), a software-driven networking company, and Aerohive Networks (NYSE: HIVE), a pioneer in cloud-managed networking, today announced they have entered into a definitive agreement under which Extreme will acquire all of the outstanding shares of common stock of Aerohive at a price of $4.45 per share in cash, representing an implied, fully diluted equity value of approximately $269 million. Accounting for Aerohive’s net cash balance of $62 million at the end of March, the deal is equivalent to an enterprise value of $207 million. The acquisition of Aerohive will add critical cloud management and edge capabilities to Extreme’s portfolio of end-to-end, edge to cloud networking solutions. It will provide a strong subscription revenue stream and strengthen Extreme’s position in wireless LAN at a critical technology transition to Wi-Fi 6. Extreme expects the acquisition to be accretive to non-GAAP earnings per share starting in fiscal year 2020.   Aerohive is a leader in cloud management, AI and machine learning. It was among the first companies to offer controller-less Wi-Fi and cloud network management, including cloud-managed Wi-Fi and network access control (NAC), and today is the second leading provider of Cloud Managed Wireless LAN Services¹. It recently delivered...

Oracle ushers in new era of analytics   Oracle announces new vision, new experience and new era of augmented analytics to automate insights   London, UK., June 26, 2018 – Yesterday, Oracle unveiled a new, customer-centric vision for Oracle Analytics at the company’s Analytics Summit. With Oracle’s industry-leading data platform and business applications, Oracle Analytics is uniquely positioned to marry data, analytics and applications, and address the needs of business users, analysts and IT.  Oracle Analytics empowers customers with industry-leading AI-powered self-service analytic capabilities for data preparation, visualization, enterprise reporting, augmented analysis, and natural language processing (NLP).   Key Highlights: One Offering: Oracle Analytics. Simplified product offering and clarity of direction by rationalizing 18+ products down to a single brand. Powered by the Autonomous Data Warehouse and Machine Learning: Demonstrating the industry’s leading application analytics built on the Autonomous Data Warehouse and powered by Oracle Analytics Cloud. Enabling Broad Enterprise Adoption: Affordable per user pricing for departmental business users plus per-CPU pricing for broad enterprise scale.   “We are committed to helping our customers get the most value from their data and to delivering the best analytics experience,” said T.K. Anand, senior vice president, AI, Data Analytics and Cloud, Oracle.  “Today, we are announcing a new vision, product experience, and commitment to customer success that will enable us to collaborate with our entire ecosystem and deliver a new era...

New Oracle Autonomous Database Dedicated deployment eliminates roadblocks to moving enterprise databases to the autonomous cloud London, UK., June 26, 2018 – Driven by strong customer demand including more than 5,000 new Autonomous Database trials in Q4FY19 alone, Oracle has expanded its Autonomous Database capabilities to help meet the needs of enterprise customers who want to move their most mission-critical workloads to the cloud.  Today, Oracle announced the availability of the Oracle Autonomous Database Dedicated service, which provides customers with the highest levels of security, reliability, and control for any class of database workload. “Autonomous Database Dedicated enables customers to easily transform from manually-managed independent databases on premises, to a fully-autonomous and isolated private database cloud within the Oracle Public Cloud,” said Juan Loaiza, executive vice president, Mission-Critical Database Technologies, Oracle. “Our Autonomous Database Dedicated service eliminates the concerns enterprise customers previously had about security, isolation, and operational policies when moving to cloud.” The Oracle Autonomous Database Dedicated service provides customers with a customizable private database cloud running on dedicated Exadata Infrastructure in the Oracle Cloud.  It provides an ideal database as a service platform, enabling customers to run databases of any size, scale and criticality.  This unique architecture delivers the highest degree of workload isolation, helping protect each database from both external threats and malicious internal users. The level of security and performance isolation can be easily tailored to the needs of...

Extreme Networks to Acquire Aerohive Networks   Acquisition Extends Extreme’s Leadership in Cloud Management and Wireless Networking, Adding Strong Subscription and Services Business   READING, UK, June 26, 2019 — Extreme Networks, (Nasdaq: EXTR), a software-driven networking company, and Aerohive Networks (NYSE: HIVE), a pioneer in cloud-managed networking, today announced they have entered into a definitive agreement under which Extreme will acquire all of the outstanding shares of common stock of Aerohive at a price of $4.45 per share in cash, representing an aggregate purchase price of approximately $272 million. Accounting for Aerohive’s net cash balance of $62 million at the end of March, the deal is equivalent to an enterprise value of $210 million. The acquisition of Aerohive will add critical cloud management and edge capabilities to Extreme’s portfolio of end-to-end, edge to cloud networking solutions. It will provide a strong subscription revenue stream and strengthen Extreme’s position in wireless LAN at a critical technology transition to Wi-Fi 6. Extreme expects the acquisition to be accretive to non-GAAP earnings per share starting in fiscal year 2020.   Aerohive is a leader in cloud management, AI and machine learning. It was among the first companies to offer controller-less Wi-Fi and cloud network management, including cloud-managed Wi-Fi and network access control (NAC), and today is the second leading provider of Cloud Managed Wireless LAN Services¹. It recently delivered the industry’s...