Integrated Telecom Company (ITC), a leading Saudi based telecom and ICT service provider, and Aiuken Cybersecurity, an international company specialized in cybersecurity solutions, headquartered in Madrid, Spain, signed a partnership agreement to promote the ITC Security Operations Center (SOC) offerings of Managed Security Services (MSS) and cybersecurity solutions portfolio.
Cloud and Enterprise Business
VIVA Bahrain, a fully owned subsidiary of Saudi Telecommunications Company (STC), has successfully tested and deployed the world's first ATCA-NFV Hybrid Cloud Core Network with Huawei, as a further step in its vision towards advanced mobile network services technologies.
Nokia announced its next-generation "Session Border Controller" software, offering service providers dramatically higher levels of performance and security for their cloud-native deployments.
Huawei and American IT company Riverbed announced an important partnership that will bring together the power of Huawei's CloudEPN (Cloud Enterprise Private Network) and market-leading Riverbed SteelHead, which accelerates the delivery of applications, to make it easier for enterprises to manage their networks and optimize performance in the cloud.
Alphabet Inc., the parent company of Google, announced its financial results for Q3 on Oct. 26, for the quarter ended Sept. 30. The company's revenues were up 24 percent year-on-year, reflecting strength across Google and other bets. "Our momentum is a result of investments over many years in fantastic people, products and partnerships," said Ruth Porat, FCO of Alphabet.
WeDo Technologies, a worldwide leader in revenue assurance and fraud management, announced that TPx Communications, a US-based premier provider of unified communications, managed IT and network connectivity, has selected its RAID Fraud Management Solution (FMS) to protect its expanding network and its customers from fraud.
Cisco announced it will acquire publicly-held BroadSoft, Inc., the global communication software and service provider headquartered in Gaithersburg, MD. Cisco will pay $55 per share, in cash, or an aggregate purchase price of approximately $1.9 billion net of cash, assuming fully diluted shares including conversion of debt. The acquisition has been approved by the board of directors of each company.
Accenture and Apple have partnered to help businesses transform how their people engage with customers through innovative business solutions for iOS. The partnership will take full advantage of the iOS platform, and Accenture's capabilities as a leader in industry and digital transformation, to help companies unlock new revenue streams, increase productivity, improved customer experience and reduce costs.
The need for an enhanced and faster social media experience is more essential than ever. Understanding that need, GBI, a global cloud, connectivity and content enabler that owns and operates a smart, fully managed service network, is teaming up with social media platforms, content delivery networks and global cloud providers in the Middle East. Regional users will now experience a faster connection to the media and contents hubs, reducing the waiting time for content to reach the viewer.
ADVA Optical Networking announced financial results for its 2017 second quarter ended on June 30, 2017. The results have been prepared in accordance with International Financial Reporting Standards (IFRS).