In a move that it says will create a “global leader in edge enabled software solutions”, content delivery specialist Limelight Networks has entered into a definitive agreement to acquire Yahoo’s Edgecast, a provider of edge security, content delivery and video services, in an all-stock transaction. The transaction values Edgecast at approximately $300 million (€275.7m), or […]
MPP Global, an Aptitude Software technology company, has announced a strategic milestone by migrating its entire global client base to Microsoft Azure. The migration will support the growth for on-demand and live media content, accelerated by the COVID-19 pandemic, now and in the years come.The move to Azure represents a significant investment in future proofing […]
JW Player, the video software and data insights platform, has announced two appointments to its senior leadership team — Matt Malanga has joined as the company’s Chief Marketing Officer, and Konstantin Olegovich Baikov as Vice President, Global Partnerships. The announcement comes in the wake of one of the company’s most successful years to date. In […]
Intelsat has successfully demonstrated a private cellular network with Microsoft Azure’s Private Multi-Access Edge Compute and FlexEnterprise, Intelsat’s satellite-based global connectivity service. Held at Intelsat’s office in McLean, VA, the demonstration successfully establishes a reference architecture for deploying secure, high-performance private LTE and 5G networks and other cloud services over satellite networks to enterprise locations […]
The Kudelski Group, a global player in digital security, has published its 2021 annual results. In 2021, total revenues and other operating income increased to $778.8 million (€686.3m) from $741.5 million in 2020, reflecting higher sales in Digital TV, Cybersecurity and IoT. The Group generated EBITDA of $72.4 million, a $8 million improvement from the […]
The Global Internet Phenomena Report from network intelligence specialist Sandvine, which aggregates data from more than 160 Tier 1 and Tier 2 fixed and mobile networks worldwide, reveals what the company describes as “unprecedented” trends, including: Rapid growth of 1 Terabyte per month ‘heavy app users’, a trend that is expected to accelerate with the […]
Tigo Business, a unit of Millicom dedicated to business customers, has announced the first Cloud Center of Excellence (CCoE) in the Central American region in collaboration with Microsoft. The new CCoE will accelerate cloud adoption across hybrid or cloud-native solutions, as well as innovation and migration efforts, lower the overall cost of digital transformation, and […]
Microsoft Corp has confirmed it will buy Call of Duty videogame maker, Activision Blizzard, for $68.7 billion (€60.4bn) in cash, making the Xbox manufacturer the third-largest gaming company by revenue. Microsoft’s offer is a premium of 45 per cent to Activision share price last week. Shares of Activision were up nearly 38 per cent at […]
LoopMe, a brand-focused mobile advertising platform, has announced Mayfair Equity Partners, a tech and consumer growth investor, as its new investment partner. LoopMe has estimated gross revenues of nearly $100 million (€87.3m) for full year 2021, having achieved revenue growth of c.50 per cent p.a. over the past three years, with the majority of revenues […]
Video game convention E3 will not be held as an in-person event in LA in June 2022, for the third year in a row. The decision was due to health risks surrounding Covid-19 and the “safety of exhibitors and attendees”, said organisers the Entertainment Software Association (ESA) Last year the event was held digitally with […]