VARINDIA IT MAGAZINE

NEC Corporation and NEC Technologies India Private Limited have announced that they will establish a FIWARE Lab node in India. The objective is to encourage application developers and solution provider organizations, government bodies and academia to experiment and innovate FIWARE-based solutions for smart cities. Having a FIWARE Lab node within India will encourage more participation from Asian countries as they can keep all experimental and research data within the boundaries of the region. The FIWARE Lab node in India will help to foster a culture of collaboration between various participating entities and help to promote their solutions in the FIWARE community. With the Indian government increasing its focus on Open Source Software, FIWARE can introduce open APIs based on specifications which are public and royalty-free.... Read More

Atos has made a formal proposal to acquire Gemalto by way of a public offer for all of Gemalto issued and outstanding shares. Atos invited Gemalto’s Board of Directors to engage discussions and review collaboratively this potential transaction. On November 28, 2017, Atos has delivered an offer to the Board of Directors of Gemalto which is friendly, compelling, and which addresses the interests of all stakeholders. Since then, Atos has reiterated its friendly intentions. Considering increased risk that could impact Gemalto’s shares, and for the purposes of market information, the Atos’ Board of Directors has decided to make its proposal public while affirming its willingness to engage into discussions with the objective to come to a transaction recommended by the Gemalto’s Board of Directors. Key terms of the Atos proposal – * Intended all-cash offer of €46.0 per Gemalto share (cum dividend), representing a total consideration of approximately €4.3 billion. *...

BT and Symantec have announced the availability of new endpoint protection solution for BT’s business customers.  Symantec’s best-in-class endpoint security technologies have been added to BT’s broad portfolio of security products and services to help customers battle the rapidly changing threat landscape with a consolidated, intelligent security infrastructure.  With advanced technologies such as machine learning, memory exploit mitigation, file reputation analysis, and real-time behaviour monitoring, Symantec Endpoint Protection 14 provides real-time threat protection, even against unknown threats, so called ‘zero-day’ attacks and ransomware.  Mark Hughes, CEO - BT Security, said, “The ongoing migration to the cloud and digital transformation further raises the importance of endpoint security. By adding Symantec endpoint protection to our already broad security portfolio, we are further extending our ability to help our customers stay secure in the face ...

Perth, Australia: The Annual edition of Canalys Channels Forum APAC region was held in Perth last week. Partners from across APAC, the majority of who were from India, headed to Perth, the vibrant capital of Western Australia. About 900 delegates from across the APAC region attended the event.  Steve Brazier, CEO & President- Canalys in his keynote address on the tech trends said that the death of IT hardware channel has been greatly exaggerated. “Technology is transforming every industry, and the channel is lucky to be at the heart of this new industrial revolution. Good and bad tech news stories have frequently hit the headlines in 2017. Artificial intelligence, deep learning, IoT, robotics, chatbots, cloud and edge computing are driving the channel forward, while issues around regulation, ethics, tax, security and monopolistic behaviour cause complications. Augmented and Virtual Reality (AR & VR) offers exciting opportunities for human computer interaction, the e...

The telecom tower industry is expected to undergo structural changes in the medium term. Currently, the industry, with around 4 lakh towers and around 8 lakh tenancies, is a sizeable one in the world. It has 10 organized players wherein 74% of the portfolio is held either by tower companies promoted by telecom operators, or by telecom operators themselves. Over the next 1-2 years, there is likely to be a material change in the industry structure with number of players expected to reduce to 4-5.  The key development for the industry would be the likely change in ownership from telecom operators to independent players, as reflected by the consolidation transactions under way and by the interest from such players and investors. The industry is also likely to witness strong growth in the coming years driven largely by the network expansions by telecom operators; and upside in rentals due to improved negotiation power which would follow from consolidation as well as from greater...