NEWS & BUSINESS
Juniper Networks enters definitive agreement to acquire BTI Systems J uniper Networks, a developer of innovative routing, switching and security optical The combination of BTI Systems’ accomplished team, innovative and open solutions with Juniper’s longstanding
switching and IP routing expertise is expected to position the company to take advantage of the fast-growing DCI (data centre interconnect) and metro markets. The acquisition is subject to customary closing conditions and Juniper is not disclosing the terms of the agreement “as the terms are not considered to be material to our financials,” it stated. Davidson added, “However, we look forward to sharing more information after the transaction closes, which is expected to be in Q2 of 2016. We are excited to take this next step and welcome BTI Systems to our team.” According to BTI Systems’ website, the company
networking technologies, has announced that it has entered into a definitive agreement to acquire BTI Systems, a leading provider of cloud and metro networking systems and software to content, cloud and service providers. Jonathan Davidson, executive vice president and general manager, Juniper Development and Innovation (JDI), commented, “We expect the acquisition will allow Juniper to accelerate the delivery of open and automated packet optical transport solutions that integrate with our NorthStar Controller and include network management features that enable end-to-end provisioning of new services.”
Jonathan Davidson, executive vice president and general manager, said the company was “excited to take this next step and welcome BTI Systems to the team.
customers in over 40 countries, BTI has served carriers, service providers, content providers, collocation providers and cloud infrastructure companies, and has deployments in major metros and data centre hubs around the world.
develops software-driven network infrastructure solutions that deliver “massive scale, improved efficiencies and rapid services innovation to networks that until now have been closed, static and hardware- centric.” With more than 380
Cisco commits $100m to drive digital acceleration of Italy F ollowing a meeting in mid-January between Prime Minister Matteo Renzi, Cisco CEO Chuck Robbins and training to teachers and students through the Cisco Networking Academy® program; this will help students to develop the new digital skills best national startups and encourage hi-tech innovation in Italy Over the next three years,
opportunities with Italian academic institutions, focusing on training and research in the cybersecurity area; Cisco will also further expand its efforts in helping Italian manufacturing and agribusiness companies in their path toward digital transformation, accelerating the adoption of technological solutions to strengthen their global competitiveness and assert the primacy of “Made in Italy” innovation and quality. Chuck Robbins, Cisco CEO, said: “I greatly admire Prime Minister Renzi for his strong vision to digitise Italy, and Cisco is honoured to be Italy’s partner. Through our increased investments, Cisco will develop an ecosystem of talent, entrepreneurship and innovation to accelerate Italy’s digital journey and help them realise the unprecedented opportunity ahead.”
Cisco has committed to pursue initiatives related to research and development, collaboration with Italian universities, and initiatives to accelerate digital transformation in two Italian industries of excellence, manufacturing and agri-food business. Cisco will continue investing in Research and Development efforts within Cisco® Photonics laboratories, based in Vimercate (MB), Italy. These labs lead global Cisco R&D activities focused on technologies for optical networks and have a long-standing collaboration with the most important Italian academic research centres.
required in the workforce of today, and thus have greater employment opportunities. The company will expand its already successful Networking Academy® program designed to equip people with the skills to succeed in today and tomorrow’s increasingly connected world, with courses focused on industry 4.0 and cybersecurity technologies. Cisco, as the first step in developing the Italian startup ecosystem, is pursuing investment opportunities together with Invitalia Ventures, a national venture capital firm. This will enable Cisco to invest in the development of the
Cisco Italy General Manager Agostino Santoni, Cisco has announced a series of strategic commitments in Italy that will total $100 million over the next three years. The news today sees Cisco complement the heightened focus from the Italian government to drive digital transformation and reap the benefits of digitisation by way of a twofold approach: increasing digital skills and awareness in Italy, and fostering Italy’s innovative technology startup community. Cisco signed an agreement with Italy’s Ministry of Education, University and Research (MIUR) to provide
The company will look to develop new collaboration
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