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Nogin Announces Confirmation of Restructuring Plan

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Nogin , a pioneer in Commerce-as-a-Service (CaaS) e-commerce technology and services, today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its Chapter 11 Plan (the “Plan”) clearing the path for the company to successfully complete its financial restructuring.

Key Points: 
  • NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Nogin , a pioneer in Commerce-as-a-Service (CaaS) e-commerce technology and services, today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its Chapter 11 Plan (the “Plan”) clearing the path for the company to successfully complete its financial restructuring.
  • Under the Plan, Nogin’s reorganized equity interests will be acquired by a newly formed entity sponsored by B. Riley Financial, Inc. (“B.
  • Riley”), and Nogin will continue to operate in the ordinary course.
  • served as bankruptcy counsel, Portage Point Partners provided interim restructuring and management services and Livingstone Partners LLC acted as investment banker to Nogin in its restructuring.

CLICS Technology to Power Goldwell Digital Depot System

Retrieved on: 
Monday, April 8, 2024

SAN DIEGO, April 8, 2024 /PRNewswire/ -- Today, CLICS, LLC announced that it has reached a multi-year agreement to supply technology and services to power Kao Salon Division's breakthrough Goldwell Digital Depot System (DDS). CLICS has developed the first digitally controllable professional salon hair color line and automated Color-as-a-Service (CaaS). Under the agreement, CLICS is supplying its dispenser, mobile app, automated color supply chain, AI color matching technology, and service to Kao Salon Division.

Key Points: 
  • SAN DIEGO, April 8, 2024 /PRNewswire/ -- Today, CLICS, LLC announced that it has reached a multi-year agreement to supply technology and services to power Kao Salon Division's breakthrough Goldwell Digital Depot System (DDS).
  • Under the agreement, CLICS is supplying its dispenser, mobile app, automated color supply chain, AI color matching technology, and service to Kao Salon Division.
  • The ecologically friendly Goldwell canisters are placed in IoT Dispensers developed by CLICS which are controlled by a Goldwell Powered by CLICS App designed for Apple and Android compatible mobile phones and tablets.
  • Trevor Attenborough, Vice President of Kao Salon Division Americas said, "The Goldwell Digital Depot System represents one of the first truly transformative innovations in professional salon hair color in the last 40-years.

Evergreen Acquires UK-Based IT Services Company Digital Origin

Retrieved on: 
Thursday, April 4, 2024

SAN FRANCISCO, April 4, 2024 /PRNewswire-PRWeb/ -- Evergreen, a group of leading managed IT services companies, today announced its acquisition of Digital Origin, an IT service company in Milton Keyes, England. This investment marks pivotal milestones for both organizations with Evergreen's second acquisition in the United Kingdom and the beginning of Digital Origin's next phase of growth. Knight Corporate Finance acted as exclusive advisors to Digital Origin and the transaction.

Key Points: 
  • SAN FRANCISCO, April 4, 2024 /PRNewswire-PRWeb/ -- Evergreen , a group of leading managed IT services companies, today announced its acquisition of Digital Origin , an IT service company in Milton Keyes, England.
  • With Evergreen as its permanent home, Digital Origin is equipped with resources and opportunities that will propel its business growth and innovation forward.
  • Both Digital Origin and Evergreen stand out as companies with a unique approach to helping their clients achieve their goals.
  • "The shared values and missions between Evergreen and Digital Origin is what makes this acquisition so compelling and mutually beneficial," said Sydney Hockett, Vice President of M&A at Evergreen.

Kodiak Establishes Industry Advisory Council, Taps Leaders from Walmart, UPS, and Beyond to Help Guide Development and Deployment of Autonomous Trucks

Retrieved on: 
Wednesday, March 27, 2024

Kodiak's Industry Advisory Council brings together a diverse array of forward-thinking industry leaders to help shape the company's product development, deployment, and public engagement as it focuses on the commercialization of autonomous trucks.

Key Points: 
  • Kodiak's Industry Advisory Council brings together a diverse array of forward-thinking industry leaders to help shape the company's product development, deployment, and public engagement as it focuses on the commercialization of autonomous trucks.
  • Inaugural members of the Kodiak Industry Advisory Council represent prestigious brands and organizations including the Arkansas Trucking Association , Loadsmith , Walmart , Werner Enterprises , and UPS .
  • Their unique perspectives will help to lead and shape the ways we approach industry and driver engagement, industry transformation, and driving public acceptance of autonomous trucks."
  • The Kodiak Industry Advisory Council will help to guide and influence Kodiak's product and strategic roadmap, and will help to shape how autonomous trucks will benefit and impact the trucking industry, society, and the world.

SoftBank Corp., NEC and Broadcom Jointly Validate RAN Modernization with Virtualization by Unifying O-RAN Architecture and Telco Cloud

Retrieved on: 
Thursday, February 29, 2024

The companies confirmed the feasibility of RAN modernization by converging O-RAN architecture (1) and Telco Cloud (2).

Key Points: 
  • The companies confirmed the feasibility of RAN modernization by converging O-RAN architecture (1) and Telco Cloud (2).
  • In this joint verification, a virtualized RAN (“vRAN”) system consisted of a general-purpose common infrastructure defined by SoftBank, vRAN applications using O-RAN architecture by NEC, and a vRAN platform optimized for VMware’s Telco Cloud platform.
  • We believe that the innovative RAN modernization with virtualization, O-RAN, and Telco Cloud that we have verified will be the core technology for efficient RAN operations in the future.
  • PaaS(“VMware Telco Cloud Automation”)and its integrated orchestration capabilities enable operators to quickly deploy rapidly evolving CNF (“cloud-native function”) requirements for NEC's RAN deployments."

Nogin Accelerates Focus on Next-Gen Technology Investments, Welcomes New CTO, CMO and CPO to Drive E-Commerce Innovation, Divests Fulfillment Operations

Retrieved on: 
Tuesday, February 27, 2024

This strategic refocus is aimed at bolstering Nogin's core capabilities in delivering advanced e-commerce solutions to its partners and customers.

Key Points: 
  • This strategic refocus is aimed at bolstering Nogin's core capabilities in delivering advanced e-commerce solutions to its partners and customers.
  • Each brings a wealth of experience and expertise to Nogin, positioning the company to lead the charge in e-commerce technology and service offerings.
  • Shoab Khan, with his extensive expertise in software engineering and technology leadership, brings a wealth of experience in driving innovation and scaling technology platforms to support growth.
  • By focusing on innovative technology investments and welcoming new talent to guide these initiatives, Nogin reaffirms its commitment to being the premier provider of outsourced e-commerce technology, tactics, and services.

VMware Telco Cloud Service Assurance Provides DISH Wireless with Detailed Network Insights and Automation

Retrieved on: 
Tuesday, February 27, 2024

“VMware Telco Cloud Service Assurance provides visibility and actionable insights to help manage and operate our network effectively.”

Key Points: 
  • “VMware Telco Cloud Service Assurance provides visibility and actionable insights to help manage and operate our network effectively.”
    DISH Wireless is in the initial stages of testing the VMware Telco Cloud Service Assurance solution with the expectation of gaining the following benefits:
    Pipeline Reporting – The DISH Wireless Network Operations Center (NOC) deploys and configures cell sites while relying on a real-time dashboard from VMware Telco Cloud Service Assurance to monitor the status of deployments.
  • Multi-Site Monitoring – VMware Telco Cloud Service Assurance remote data collector service allows DISH Wireless NOC team to collect and analyze data from 20,000-plus cell sites.
  • The service provider is also testing VMware Telco Cloud Service Assurance integration with ServiceNow for opening service tickets.
  • “VMware Telco Cloud Service Assurance plays an instrumental role in enabling the Boost Wireless Network to holistically manage their multi-vendor environments and help improve network operations and efficiency.”
    DISH Wireless is an indirect subsidiary of EchoStar Corporation (NASDAQ: SATS).

Nokia’s anyRAN broadens options for commercial Cloud RAN deployment and targets enterprises with partners Cisco, Hewlett Packard Enterprise and Microsoft #MWC24

Retrieved on: 
Monday, February 26, 2024

Nokia’s anyRAN broadens options for commercial Cloud RAN deployment and targets enterprises with partners Cisco, Hewlett Packard Enterprise and Microsoft #MWC24

Key Points: 
  • Nokia’s anyRAN broadens options for commercial Cloud RAN deployment and targets enterprises with partners Cisco, Hewlett Packard Enterprise and Microsoft #MWC24
    Nokia successfully completes multiple Cloud RAN trials with industry ecosystem partners proving In-Line accelerator technology ahead of commercial availability this year.
  • Extends anyRAN approach to enterprises and system integrators with pre-packaged cloud core and RAN offer helping to accelerate adoption of 5G in enterprise segment.
  • Nokia has also announced the launch of anyRAN for enterprise in partnership with Cisco, Hewlett Packard Enterprise and Microsoft that will see the companies offer private wireless solutions to enterprise customers1.
  • Nokia’s flexible anyRAN approach supports any purpose-built, hybrid or Cloud RAN environment, helping customers get their Cloud RAN services up and running much faster.

T-Mobile Czech selects Mavenir for Cloud Native Converged Packet Core Solution

Retrieved on: 
Wednesday, February 21, 2024

Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that T-Mobile Czech has selected Mavenir’s fully containerised Converged Packet Core solution for deployment in its network.

Key Points: 
  • Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that T-Mobile Czech has selected Mavenir’s fully containerised Converged Packet Core solution for deployment in its network.
  • This expands Mavenir’s well-established partnership with the Czech operator from long-term provision of voice and messaging services to also delivering the full packet core domain for "all Gs".
  • Mavenir will be implementing converged packet core solution into T-Mobile Czech’s own Container-as-a-Service (CaaS) cloud platform and replacing existing vendor access technologies across 2G, 3G, 4G and 5G non-standalone (NSA), as well as building capabilities to serve cloud-native 5G standalone (SA).
  • Integration of Mavenir’s Converged Packet Core solution is already underway in Hungary following an earlier supply agreement with Deutsche Telekom subsidiary Magyar Telekom .

Slovak Telekom Chooses Mavenir’s Converged Packet Core in Core Supply Partnership

Retrieved on: 
Wednesday, February 21, 2024

Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that Slovak Telekom has chosen Mavenir’s fully containerised Converged Packet Core solution for deployment in its network – making Mavenir now its selected complete network core technology partner.

Key Points: 
  • Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that Slovak Telekom has chosen Mavenir’s fully containerised Converged Packet Core solution for deployment in its network – making Mavenir now its selected complete network core technology partner.
  • This increased delivery to Deutsche Telekom’s subsidiary in Slovakia adds to Mavenir’s previously announced Converged Packet Core solution roll-out for subsidiaries in the Czech Republic ( T-Mobile Czech Republic ) and in Hungary ( Magyar Telekom ).
  • Mavenir’s Converged Packet Core accelerates the move to 5G and speeds the introduction of new enterprise applications and services that harness pivotal 5G capabilities, including low latency and network slicing.
  • We are excited to move forward with Mavenir’s Converged Packet Core as the cornerstone of our future services roadmap.”
    Ashok Khuntia, President of Core Networks for Mavenir added: “We are delighted to be extending our co-operation with Slovak Telekom, in an agreement that is built on the strong foundations of our long-term partnership.