CRN Team
STL to acquire Optical Interconnect Company Optotec S.p.A
The transaction is structured to acquire 100% of Optotec’s shareholding on closing at an enterprise value (EV) of €29Mn (29 Million euros)
UK watchdog fines Marriott 18.4mn pounds over data breach
The UK’s Information Commissioner’s Office (ICO) has fined Marriott International 18.4 million pounds (nearly $23.8 million) over a 2014 customer data breach.
The penalty announced...
UK Covid tracing app fails to tell people at risk to quarantine
The Covid-19 contact tracing app in the UK, based on the Google-Apple technology and downloaded by at least 19 million people, have failed to...
Adobe hires new chief security officer for post-Flash era
Adobe has hired Mark Adams, former Blizzard Entertainment chief security officer (CSO), as its new security head while the software major gets ready for...
5G – the epicenter of vertical wise technology advancement
Advanced network connectivity powered by 5G in combination with the tectonic shifts towards Cloud, AI & IoT has triggered a wave of innovation that drives the development of new services and products
Over 60% Indian firms to leverage Cloud as a platform: IDC
More than 60 per cent of the Indian organisations plan to leverage cloud platforms for digital innovation, as the firms re-strategise their IT spending...
ANSR acquires FastNext to enhance AI capabilities for GCCs across business operations
ANSR, a global market leader for helping large global enterprises in building and operating Global Capability Centres(GCC's) has announced the acquisition of FastNext, an...
Microsoft, Eros Now deliver internet to remote parts in India
Microsoft on Tuesday announced that it has successfully delivered the internet, in partnership with Eros Now as a pilot project, to the customers in...
Amazon could start new service for rural deliveries in US: Report
Amazon could start a new delivery business to serve rural communities in the US, thereby reducing dependence on the US Postal Service, The Information...
Creating CX resiliency as the world shifts to Digital
How can organizations build and leverage resilience during times of uncertainty, such as today’s global pandemic? That important question was the focus of a...