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Cisco acquires ThousandEyes, Moving from Hardware to Cloud Computing

1Jun By AdityaNo Comments

ACQUISITION

Cisco acquires ThousandEyes, Moving from Hardware to Cloud Computing

Cisco acquires privately-held cloud-based platform ThousandEyes. Headquartered in San Francisco, CA. ThousandEyes Internet and Cloud intelligence platform deliver deep visibility and insights into the digital delivery of applications and services over the Internet. The last few years have seen a rapid acceleration of Cloud adoption, widespread use of SaaS applications, and a reliance on the Internet and networks outside of enterprise control. This increased dependence on the Internet and other third-party infrastructures, compounded over the past several months during the COVID-19 pandemic, substantially reduces the ability for enterprise IT teams to predict, visualize and control operational behavior. The result is often a chaotic and unmanageable IT environment th...

23May By AnkitaNo Comments

FUNDING

Wireless tech startup Ray Raises funding from Quick Heal

May 22nd, 2020: Antivirus maker Quick Heal announced a strategic investment of $263k (INR 2 Crores) in Ray Pte. Ltd., a Singapore based start-up specializing in next-generation networking and wireless technology. The investment reinforces a shared vision of ensuring a safe, secure and seamless digital experience for everyone. The development displays Quick Heal’s ongoing efforts to invest in disruptive technologies that will shape the future of cybersecurity while supporting innovative startups. The company had recently invested USD 300,000 in Israel based L7 Defense. Incorporated in the year 2019, Ray is an innovation driven technology company with a vision to reimagine networking and wireless technology. Ray’s flagship product RayOS is an open, secure, cloud native, extensible Ope...

Cisco to Acquire Indian Origin CEO Led Startup For $610 Million

4May By AnkitaNo Comments

ACQUISITION

Cisco to Acquire Indian Origin CEO Led Startup For $610 Million

American technology giant Cisco has said it will pay USD 610 million in cash to acquire a networking start-up led by an Indian-origin software industry veteran. Cisco will buy Viptela, a privately held software-defined wide area network (SD-WAN) company based in San Jose, a move that will expand its portfolio. Viptela CEO Praveen Akkiraju, a University of Madras and Harvard Business School alumnus said, "the companys fabric, as it relates to SD-WAN and cloud networking, fits in as an important piece of Ciscos Enterprise Networking strategy which is driving an industry-wide transition to a software centric architecture and business model." Viptela was founded by 2012 by former Cisco engineers, some of them hailing from the Indian sub-continent. Cisco will buy Viptela for USD 610 mil...

Cisco to Make India Hub For Global Hardware Export

11Apr By AnkitaNo Comments

News

Cisco to Make India Hub For Global Hardware Export

Networking giant Cisco today said it plans to make India a global export hub for its products, after recently having started manufacturing access points and routers at a facility in Pune. The US-based company also expects to complete 50 digitisation projects by the end of the year across India, which is part of its USD 100 million investment announced last year. "Our roadmap is very clear. Our first intention was to start with 5 or 6 products that we wanted to make in India for domestic market such as access points, routers etc. "The second stage is to make that centre (Pune) a global export hub. That is the next stage we are working on right now," Cisco President India and SAARC Dinesh Malkani said at the Cisco India Summit 2017. In March, Cisco had unveiled its first 'Made in...

17Mar By NitishNo Comments

INDIA

Following Prime Minister Footsteps, This Indian State Head (CM) Comes Out With His Own Mobile App

Apparently taking a cue from the Prime Minister Narendra Modi, Madhya Pradesh Chief Minister Shivraj Singh Chouhan today launched his own mobile app. Launching `Mobile App Shivraj Singh Chouhan, he said use of technology was crucial for a better administration. "This is an important step in a bid to offer an efficient administration and would prove to be a strong digital medium to connect with the public. This will enable the people to connect (with him) in a short time and they can share their suggestions and problems as well," he said. The app will help in speedy redressal of peoples grievances, Chouhan said. S K Mishra, Principal Secretary, Public Relations, said the app was available for download on Google Playstore. News related to the Chief Minister, his programs, audio a...

San Francisco University Lays Off Its IT Workers, Outsourced Their Work To India

1Mar By reutersNo Comments

News, USA

San Francisco University Lays Off Its IT Workers, Outsourced Their Work To India

San Francisco: The University of California, San Francisco on Tuesday laid off 49 information technology (IT) employees and outsourced their work to a company based in India, ending a year-long process that has brought the public university under fire. The university announced the plan last July as a way to save $30 million over five years. The University of California system, which includes health care and research-focused UCSF, has been struggling to raise revenue and cut expenses. Globalization and outsourcing have become hot-button political issues in the United States, as more employers cut costs by farming out work to low-cost workers in far-flung parts of the world. President Donald Trump campaigned on promises to restore lost U.S. jobs and to penalize companies that move fact...

LinkedIn Launched Mobile Lite Version For Indian Users

12Sep By NitishNo Comments

News

LinkedIn Launched Mobile Lite Version For Indian Users

Professional networking site LinkedIn today launched a lighter version of its mobile website and other products as part of its efforts to tap into students and young professionals beyond the metros in India. The company has followed the footsteps of Facebook, which picked up India as a testbed for the lighter version of its app. The lighter versions are designed to work on slow and often patchy telecom networks in the country. India, which has 37 million LinkedIn members, is the second largest userbase for the US-based company after its home market. "We are deeply focused on localising our products and services to create much value for Indian members and customers," LinkedIn CEO Jeff Weiner told reporters here. Lite version loads four times faster and provides a better experience t...

Cisco to Cut 5,500 Jobs in Shift From Switches to Software

20Aug By reutersNo Comments

News

Cisco to Cut 5,500 Jobs in Shift From Switches to Software

Cisco Systems Inc said it would cut nearly 7 percent of its workforce, posting charges of up to $400 million (roughly Rs. 2,672 crores) in its first quarter, as the world's largest networking gear maker shifts focus from its legacy hardware towards higher-margin software. The gradual move to fast-growing sectors such as security, the Internet of Things and the cloud is a response to sluggish demand for Cisco's traditional lineup of switches and routers from telecom carriers and enterprise customers, amid intense competition from companies such as Huawei and Juniper Networks Inc . Savings from up to 5,500 job cuts would be reinvested into key growth areas, Cisco said. "We think this is partly an effort by (CEO) Chuck Robbins to put a stake in the ground and send a message that ...

10Mar By NitishNo Comments

Story

Uganda to US and Fiji to France: UniversalHunt Story Without Funding

All of us dream of a lifestyle that is absolutely customised for us, lets us exploit our talent to the hilt and meet our aspirations. Most of very renowned platform including LinkedIn trying to do so but failed to solve the real professional network problem. But a company, running from last 8 years solved it with higher customer satisfaction rate without having large investment and big names in its portfolio, “Universalhunt.com”. “Universalhunt.com is a networking cum talent showcasing portal that provides a common platform with advanced automated searchable database – it enables its members to share talent, experiences, list their offerings and share ideas – a single platform permitting unlimited interconnectivity and sharing. Universalhunt.com overcomes inefficiency from global talen...