PLANO, Texas DZS (NASDAQ: DZSI), a global leader of mobile transport, broadband access and enterprise networking solutions representing communications service providers and enterprise customers in more than 100 countries, today announced it has signed a definitive agreement to acquire Optelian, a leading optical networking solution provider based in Ottawa, Ontario, Canada, and its portfolio of optical transport solutions.
The Optelian solutions have completed the Telcordia OSMINE certification process required for deployment by Tier 1 service providers in North America and will form a new DZS O-series product line that will enhance the DZS Mobile Transport portfolio with environmentally hardened optical transport products optimized for mobile backhaul.
The clock phase of the FCC s C-band auction for coveted mid-band spectrum for 5G wrapped up Friday with gross proceeds of $80.91 billion, handily beating the $44.89 billion driven by the 2004 auction for AWS-3 spectrum.
The C-band auction, known as Auction 107, centers on licenses for 280MHz of spectrum in the 3.7GHz-3.98GHz band. The FCC billed it as the highest-grossing spectrum auction ever held in the US. Bidders have won all of the 5,684 spectrum blocks that were up for bid. And gross proceeds have exceeded $80.9 billion, shattering the prior FCC auction record of $44.9 billion, FCC Chairman Ajit Pai said in a statement.
This week in our WiCipedia roundup: The argument for why jobs in tech shouldn t require a diploma; a new online community for women in UX; how language in job descriptions affects applicants; and more.
Tech CEOs are often lauded for being wunderkinds who didn t even go to college. Yet the reality is that these founders are almost always white men who dropped out of Ivy League schools and had every possible advantage growing up. An op-ed on CNBC asks companies to now consider hiring other employees who don t have college degrees, specifically Black women. Child computer prodigy LaShana Lewis didn t attend university, but she landed a job in tech after decades of trying to break into the industry. Her lack of degree initially hindered her success, even though she had the skills to do the job. Lewis, who is now director of the St. Louis Equity in Entrepreneurship Collective, director of IT at non-profit Givable
DENVER – CSG (NASDAQ: CSGS) today announced it has appointed Ken Kennedy as chief operating officer and president of its Revenue Management and Digital Monetization solutions unit. Previously president of technology and product, Kennedy has dedicated the last 15 years of his career at CSG to leading the company s product management, engineering, and platform operations across CSG s solutions portfolio.
A forerunner in cloud technology, Kennedy will leverage his expertise to accelerate the growth and development of CSG s cloud-based software-as-a-service ( SaaS ) platforms and solutions. He will also continue to grow the company s vast network of ecosystem and systems integrator partners to enhance its holistic approach to solution development.
Under amended deal, Cisco is set to acquire Acacia for $115 per share, or roughly $4.5 billion, a sweetened deal that handily beats an original offer of $2.6 billion.