Singtel

Asia Direct Cable Consortium Selects Infinera’s ICE6 800G Solution for New Advanced Submarine Routes in APAC

Retrieved on: 
Monday, September 25, 2023
Consortium, MC, PLDT, Tata Communications, INFN, SAN, National Telecom Public Company Limited, Viettel, Data-rate units, ADC, Fine chemical, Infinera, China Telecom, Singtel

SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.

Key Points: 
  • SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.
  • As the industry’s highest-performing and most cost-effective solution for submarine networks, Infinera’s ICE6 will enable ADC Consortium members to address surging demand for submarine cable capacity in Asia for bandwidth-intensive applications that include 5G networks, cloud-based services, and emerging solutions.
  • ADC is a 9,400-kilometer submarine cable connecting China, Japan, the Philippines, Singapore, Thailand, and Vietnam.
  • By providing more than 21 Tb/s per fiber pair, Infinera’s ICE6 solution extends the commercial life of the fiber cable, maximizing the return on investment of this critical cable system.

Cato Networks Raises $238M in Equity Investment at Over $3B Valuation

Retrieved on: 
Tuesday, September 19, 2023
Cloud, Forrester Research, Cato Networks, Heuer, Speed of light, Marketing, Porsche, Challenger, TAG, Check Point, ZTE, Organization, TEL, Trust, Risk, Engineering, Pedigree, Carlsberg, Growth, Lightspeed Venture Partners, SASE, Magic Quadrant, Forrester, Singtel, Cryptocurrency, Online shopping, Gartner, Imperva

TEL AVIV, Israel, Sept. 19, 2023 /PRNewswire/ -- Cato Networks, provider of the world's leading single-vendor SASE platform, announced that it raised $238M in equity investment, bringing total funding to $773M. The largest financing round to date was led by LightSpeed Venture Partners with the participation of Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital, and Singtel Innov8. The round comes just weeks after adding Carlsberg as a major enterprise customer, Cato's recognition as a ZTE/SASE Leader by Forrester Research, and as a Challenger in Gartner's Magic Quadrant for Single-vendor SASE. This up-round's valuation underscores investor confidence in Cato's massive market opportunity and its SASE platform's disruptive and transformative power.

Key Points: 
  • TEL AVIV, Israel, Sept. 19, 2023 /PRNewswire/ -- Cato Networks, provider of the world's leading single-vendor SASE platform , announced that it raised $238M in equity investment, bringing total funding to $773M.
  • This up-round's valuation underscores investor confidence in Cato's massive market opportunity and its SASE platform's disruptive and transformative power.
  • Following the round, Ravi Mhatre, founder and managing director of LightSpeed Venture Partners, will join the Cato board.
  • "This funding round reflects investor confidence in Cato's leadership in the single-vendor SASE market," says Shlomo Kramer, co-founder and CEO of Cato Networks.

Cato Networks Raises $238M in Equity Investment at Over $3B Valuation

Retrieved on: 
Tuesday, September 19, 2023
Cloud, Forrester Research, Cato Networks, Heuer, Speed of light, Marketing, Porsche, Challenger, TAG, Check Point, ZTE, Organization, TEL, Trust, Risk, Engineering, Pedigree, Carlsberg, Growth, Lightspeed Venture Partners, SASE, Magic Quadrant, Forrester, Singtel, Cryptocurrency, Online shopping, Gartner, Imperva

TEL AVIV, Israel, Sept. 19, 2023 /PRNewswire/ -- Cato Networks, provider of the world's leading single-vendor SASE platform, announced that it raised $238M in equity investment, bringing total funding to $773M. The largest financing round to date was led by LightSpeed Venture Partners with the participation of Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital, and Singtel Innov8. The round comes just weeks after adding Carlsberg as a major enterprise customer, Cato's recognition as a ZTE/SASE Leader by Forrester Research, and as a Challenger in Gartner's Magic Quadrant for Single-vendor SASE. This up-round's valuation underscores investor confidence in Cato's massive market opportunity and its SASE platform's disruptive and transformative power.

Key Points: 
  • TEL AVIV, Israel, Sept. 19, 2023 /PRNewswire/ -- Cato Networks, provider of the world's leading single-vendor SASE platform , announced that it raised $238M in equity investment, bringing total funding to $773M.
  • This up-round's valuation underscores investor confidence in Cato's massive market opportunity and its SASE platform's disruptive and transformative power.
  • Following the round, Ravi Mhatre, founder and managing director of LightSpeed Venture Partners, will join the Cato board.
  • "This funding round reflects investor confidence in Cato's leadership in the single-vendor SASE market," says Shlomo Kramer, co-founder and CEO of Cato Networks.

KKR to Acquire 20% Stake in Singtel’s Regional Data Centre Business Valued at S$5.5 Billion

Retrieved on: 
Monday, September 18, 2023
Mobile, Wireless, Technology, Finance, 5G, Telecommunications, Professional Services, Networks, Internet, Data Management, Asset Management, Partnership, Bill Arthur, ASEAN, Ford Torino engine specifications, Multimedia, AIS, KKR, Telkom, Wind, CyrusOne, Acquisition, Investment, Growth, Digital, GPU, Cryptocurrency, Renewable energy, Singtel

Singtel, Asia's leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business.

Key Points: 
  • Singtel, Asia's leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business.
  • This investment puts the enterprise value of Singtel’s overall regional data centre business at S$5.5 billion.
  • The proceeds from this transaction will be used to accelerate the expansion of the regional data centre business across ASEAN markets, including Singapore, Indonesia and Thailand, while exploring markets like Malaysia and others.
  • Singtel’s regional data centre business is part of the Digital InfraCo unit which was formed in June 2023.

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023
Money, Business development, Private sector, IPO, GCC, Seatown, Stock, Development Bank of Japan, Business, Singapore Exchange, Stock exchange, UOB, Monetary Authority of Singapore, Partners Group, Tokai Tokyo Financial Holdings, Web 3.0, KB Financial Group, Development finance institution, MSME & Startups Forum - Bharat, KB, Artificial intelligence, Growth, Gulf Cooperation Council, Cryptocurrency, Security (finance), Drug, Temasek, Investcorp, Singtel

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023
Money, Business development, Private sector, IPO, GCC, Seatown, Stock, Development Bank of Japan, Business, Singapore Exchange, Stock exchange, UOB, Multimedia, Monetary Authority of Singapore, Partners Group, Tokai Tokyo Financial Holdings, Web 3.0, KB Financial Group, Development finance institution, MSME & Startups Forum - Bharat, KB, Artificial intelligence, Growth, Gulf Cooperation Council, Cryptocurrency, Security (finance), Drug, Temasek, Investcorp, Singtel

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.

Patrick McGregor Joins Crusoe Energy Systems as Chief Product Officer

Retrieved on: 
Thursday, August 10, 2023
Oil, Gas, Data Management, Green Technology, Energy, Climate Change, Sustainability, Technology, Blockchain, Professional Services, Environment, Artificial Intelligence, Software, Networks, Other Energy, Internet, Cryptocurrency, Cloud, DFM, Doctor of Philosophy, Electricity, Patrick, Intelligence, McGregor, Carbon, Princeton University, Trustwave Holdings, Carnegie Mellon University, Machine learning, Google Cloud, BitArmor, Natural gas, Artificial intelligence, Methane, Climate, AI, Ecosystem, SVP, Coinbase, Singtel, Renewable energy

Crusoe Energy Systems LLC (“Crusoe”) announced today that Patrick McGregor has joined the company as Chief Product Officer.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today that Patrick McGregor has joined the company as Chief Product Officer.
  • In his new role, McGregor will be charged with leading all product initiatives for data centers, artificial intelligence, cloud software, and bitcoin mining, which includes product strategy, product definition, product design, and product execution.
  • Prior to joining Crusoe, McGregor was head of product for web3 developer platforms at Coinbase, where he built the foundational technologies that Coinbase and the entire crypto ecosystem rely upon.
  • “We’re thrilled to have Patrick onboard to build world-class products that enable the next wave of computing led innovations,” said Crusoe’s Co-Founder and Chief Executive Officer, Chase Lochmiller.

Smart Building Industry Research Report 2023-2030: AI and Machine Learning Revolutionize Smart Building Operations and Revenue Generation - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 8, 2023
Green Technology, Security, 5G, IOT (Internet of Things), Environment, Audio, Video, State, Local, Telecommunications, Artificial Intelligence, Urban Planning, Consulting, Internet, Building Systems, Professional Services, Residential Building & Real Estate, Technology, Commercial Building & Real Estate, Public Policy, Government, Construction & Property, Lighting, Energy management, Private, Comcentre, Internet of things, Security management, USD, Consultant, Cisco, Lendlease, Implementation, ECBC, Investment, Energy conservation, Machine learning, BAS, Air conditioning, Artificial intelligence, Growth, Heat, Commercial, Construction, Mobile phone, Risk management, Singtel

For instance, the Energy Conservation Building Code (ECBC), developed by the Indian government, established minimal energy performance requirements for structures, covering the building exterior and heating, cooling, and air conditioning.

Key Points: 
  • For instance, the Energy Conservation Building Code (ECBC), developed by the Indian government, established minimal energy performance requirements for structures, covering the building exterior and heating, cooling, and air conditioning.
  • Therefore, the country's increasing use of smart lighting systems may assist in energy conservation.
  • In the past., smart building management systems have been utilized to minimize energy costs and successfully serve the functional requirements of buildings.
  • Artificial Intelligence (AI) and Machine Learning (ML) can provide ways to examine building data to enhance the effectiveness of numerous building operations as well as the building's capacity for revenue generation.

Airalo, World's Largest eSIM Marketplace, Raises $60 Million in Series B Financing

Retrieved on: 
Wednesday, August 2, 2023
Professional Services, Semiconductor, Technology, Telecommunications, Mobile, Wireless, Finance, Hardware, Travel, E, Google Play, Marketplace, App Store (iOS/iPadOS), Multimedia, Organization, ESIM, Singtel, Cryptocurrency, Mobile phone, SEA, Series

Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million.

Key Points: 
  • Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million.
  • Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo's total funding to $67.3 million.
  • View the full release here: https://www.businesswire.com/news/home/20230802155682/en/
    Airalo, World's Largest eSIM Marketplace, Raises $60 Million in Series B Financing (Photo: Business Wire)
    Antler Elevate, Liberty Global, Orange, T.Capital, Rakuten Capital, Singtel Innov8, Telefónica Ventures, Sequoia Capital India and SEA's (now known as Peak XV Partners) Surge, KPN Ventures, and I2BF Global Ventures were among the prestigious group of investors who also participated.
  • “We are pleased to lead the Series B financing round for Airalo, a company that has come a long way over the past 18 months with a focus on providing exceptional customer experience.

Airalo, World's Largest eSIM Marketplace, Raises $60 Million in Series B Financing

Retrieved on: 
Tuesday, August 1, 2023
Travel, E, Google Play, App store optimization, Multimedia, Organization, ESIM, App Store (iOS/iPadOS), Singtel, Mobile phone, SEA

LEWES, Del., Aug. 1, 2023 /PRNewswire/ -- Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million.

Key Points: 
  • LEWES, Del., Aug. 1, 2023 /PRNewswire/ -- Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million.
  • Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo's total funding to $67.3 million.
  • This diverse consortium of investors reflects the industry-wide recognition of Airalo's transformative work in making global connectivity accessible and affordable for travelers worldwide.
  • This new consortium of investors will further enable us on our quest to build the gateway to instant connectivity worldwide."