IT major HCL Technologies on Friday announced its intent to acquire Cisco's Self-Optimising Network (SON) technology for about USD 50 million ( around Rs 377.93 crore). The target entity is an asset carve-out of the product and services business that comprises the Self-Optimising Network (SON) from Cisco Systems Inc, HCL said in a regulatory filing. SON is a multi-vendor multi-technology (MVMT) solution that optimises the Radio Access Networks (RAN) for 2G-5G communication. It helps customers boost performance, harmonise the multiple technologies that comprise a RAN, and maximise the capabilities of existing infrastructures, resulting in reduced capital and operational expenditures. As part of the deal, some employees who work on Cisco's SON technology will move from Cisco to HCL, a statement said. HCL, however, did not disclose details about the number of employees. The deal - which is expected to be completed by January 2021 - is worth "USD 49,999,000". "This … [Read more...] about HCL Tech announces intent to acquire Cisco’s SON technology
Latest technology innovation
However, it is myopic, unsustainable, and potentially counterproductive. The current lack of co-ordinated action at both regional and global level is not only concerning, but also surprising. If the virus is not eradicated in every country, every country will lose because sooner or later the disease will reappear and thus continues the prolonged economic meltdown. An economic crisis caused by a virus that ignores borders cannot be tackled successfully like this. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis
"adidas has continually revolutionized the sports industry," said Rich Tehrani, TMC CEO and conference chairman. "Qaizar has a firm grasp on the role and significance of wearables in the sports realm and we look forward to the invaluable insight he will share with our FAST attendees." … [Read more...] about adidas’ Qaizar Hassonjee to Share miCoach Technology at FAST Expo
There’s a culture clash, yet in the middle of these warring words, there is also collaboration. Google and YouTube’s music teams work closely with labels, publishers and artists, while below the level of rightsholder-body sabre-rattling, there are plenty of music people who spend their time thinking of inventive ways to use the internet’s strengths to connect artists and fans, and rebuild a business. … [Read more...] about Why is the music industry so cross with Google?
MANGALURU: Micro Focus announced its partnership with SpringPeople as an exclusive gold training partner to enable digital transformation in India in post-COVID-19 era. With this partnership, Micro Focus will benefit from SpringPeople’s Indian IT industry reach and wide customer base of over 750 enterprises having more than 250,000 learners, including global organizations such as IBM, Dell, EMC, Capgemini, Infosys, Accenture, Cisco, and Walmart, to name a few. The partnership will authorise SpringPeople to deliver Micro Focus official training programs on ArcSight, Application Performance Management, Application Performance Testing, and Cloud and Automation Management. As per the latest industry report published by Microsoft in partnership with International Data Corporation (IDC), digital transformation is set to radically boost India's GDP, adding an estimated US $154 billion and will lead to an annual growth rate of 1 percentage to India's GDP by 2021. There are also reports … [Read more...] about SpringPeople partners Micro Focus for employee skill development