Globalstar revealed Jan. 7 that business partner Nokia entered into an agreement with Tideworks Technology to deploy Globalstar’s Band 53 spectrum at the Port of Seattle, Terminal 5. This deployment is the second collaboration between Globalstar and Nokia at a U.S. Port. Globalstar’s Band 53 is a mid-band spectrum
Red Hat buys Kubernetes security specialist
India preps for spectrum auction
Turmoil surrounding the long-time $2.6 billion purchase of optical components specialist Acacia by Cisco and a security acquisition by Red Hat are at the front of this long line of news snippets.
Almost 18 months after it was first announced, optical components specialist
Cisco Systems, saying that the required regulatory approvals were not completed within the agreed timeframe. Cisco is disputing that interpretation of events and Acacia’s right to scrap the deal, but Acacia says it will defend its position. Acacia’s share price has gained more than 17% to $84.99, giving it a market valuation of almost $3.6 billion. Cisco’s share price is relatively unchanged at $45.13.
Also in today s EMEA regional roundup: UK s Public Accounts Committee fears the worst for rural broadband notspots; BT snubbed over pandemic broadband offer; Nokia steers private network at Port of Seattle.