The move should also help bolster each vendor’s position within the growing vRAN space that is dominated by traditional vendors like Ericsson, Nokia, and Huawei.
“We feel like the technology is ready but there’s more features to make it more broadly attractive, and that's what we're doing with the money,” said co-founder Mark Hinkle.
CloudGenix CEO Kumar Ramachandran credited much of the SD-WAN vendor's growth in 2019 — reportedly 300% year over year — to its ability to take on its much-larger rival.
The company did not provide specifics on the number of jobs that will be cut, but reports indicated it could be up to 50 positions, which could be about
The startup plays heavily in the telecom sector — 80% of its existing customers are in the space, and it expects 5G deployments to drive future business.
The deal will support enterprises in developing richer applications at scale that can leverage various Google services like Sheets, Forms, and Analytics.
“For the U.S. government to share its discovery of a critical vulnerability with a vendor is exceptionally rare if not unprecedented,” said Amit Yoran, CEO of Tenable.
Equinix dominates the colocation market with more than 200 data centers in 55 markets globally. But these are typically huge facilities located in major internet hubs.