IBM Accelerates the plan for hybrid cloud development and spin-offs from the market-leading unit for managed infrastructure services

prnewswire | October 08, 2020

IBM announced today it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. Additionally, IBM will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company ("NewCo"). This creates two industry-leading companies, each with strategic focus and flexibility to drive client and shareholder value.The separation is expected to be achieved as a tax-free spin-off to IBM shareholders, and completed by the end of 2021.

Spotlight

If you're using open source software solutions, you probably running on some form of Linux. IBM Power Systems provide an outstanding infrastructure for open source solutions.

Spotlight

If you're using open source software solutions, you probably running on some form of Linux. IBM Power Systems provide an outstanding infrastructure for open source solutions.

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APPLICATION INFRASTRUCTURE

DataBank Recapitalization Announced by DigitalBridge

DigitalBridge Group, Inc. | June 20, 2022

DigitalBridge Group, Inc. announced the recapitalization of DataBank, a leading countrywide edge data center platform, which is part of its portfolio. The first stage of the recapitalization will consist of selling ownership shares to Swiss Life Asset Management AG and EDF Invest affiliates. In addition, SLAM and EDF will buy 27 percent of DataBank's fully diluted equity holdings for $1.2 billion in cash from existing investors under the terms of the transaction. "Since we acquired DataBank in 2016, we have scaled its footprint, capacity and customer base in key metro areas across the United States, transforming DataBank from a business serving three markets with six facilities to the premier edge infrastructure platform serving twenty-seven markets across more than sixty-five facilities. The formation of this new permanent capital vehicle allows DigitalBridge shareholders to maintain significant exposure to the next phase of value creation at DataBank alongside our new co-investors while also freeing up significant capital at an attractive valuation to fuel additional digital M&A," said Marc Ganzi, CEO of DigitalBridge. DataBank is the largest edge infrastructure operator in the United States, enabling the world's leading organizations, technology companies, and content providers to deploy and manage mission-critical applications and data on a nationwide platform. More than 65 data centers, 20 interconnection hubs in more than 27 markets, on-ramps to an ecosystem of cloud providers, and a modular edge data center architecture make up DataBank's portfolio. "This recapitalization allows us to accelerate our expansion efforts and capture the substantial secular growth in edge computing. DataBank is strategically positioned as the leading platform to deliver and enable the network edge ecosystem as a shift from traditional centralized infrastructures continues to evolve to the edge," Raul Martynek, DataBank's CEO DigitalBridge's ownership interests in DataBank will reduce to 15.5 percent upon completion of this initial phase of the recapitalization, and DigitalBridge will receive cash proceeds of $230 million, implying a pre-transaction net value of $906 million, inclusive of the retained net worth of $676 million, as announced in this release. Before the recapitalization's scheduled completion in the fourth quarter of 2022, incremental new investors, including DigitalBridge, are expected to acquire ownership interests in DataBank from existing investors, including DigitalBridge. Various closing conditions, including regulatory approvals, will be imposed on the recapitalization transactions. A Current Report on Form 8-K filed by the Company with the US Securities and Exchange Commission contains more data about the recapitalization's principal provisions. Swiss Life Asset Managers were advised by financial advisor DH Capital and legal advisor Vinson & Elkins LLP. Goldman Sachs served as a financial advisor, and Proskauer Rose LLP served as a legal advisor to DataBank. Wachtell, Lipton, Rosen & Katz served as legal counsel to DigitalBridge. In addition, DigitalBridge's Independent Transaction Committee of the Board of Directors hired PJT Partners as its exclusive financial advisor.

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APPLICATION INFRASTRUCTURE

In Collaboration with Snowflake, Gooddata Launches a New Integration

Gooddata | June 15, 2022

GoodData, the industry leader in data and analytics infrastructure, announced a technical alliance with Snowflake, the Data Cloud startup, to help customers get more value out of their data. "GoodData and Snowflake share a vision for a data-driven world, and GoodData's unique, direct-query-only integration with the Snowflake™ platform aims to achieve this goal. We are excited to partner with Snowflake to help customers optimize the Snowflake Data Cloud and empower data users throughout the entire business." GoodData's Founder and CEO, Roman Stanek GoodData's API-first strategy integrates real-time insights into any digital workspace or work environment. Snowflake's current cloud data management infrastructure supports GoodData's focus on scale and real-time analytics, and the technological integration expands platform capabilities: There will be no more data silos. With GoodDataTM headless BI querying your Snowflake data, you can get consistent analytics insights without frequently relocating data. Real-time analytics in a hurry. Execute GoodData analytics straight from your Snowflake data in real-time, ensuring the most up-to-date data for data-driven decision-making. Scalable architecture. No matter how basic or complex the use case, scale GoodData analytics efficiently by data volume, cost, and users without sacrificing performance. Analytics for multiple tenants. Deliver consistent, configurable GoodData analytics to multiple teams, partners, and clients via a multi-tenant architecture. Snowflake and GoodData interfaces are transforming knowledge employees into data citizens and assisting in developing data-based revenue streams to propel enterprises forward. "We are excited to partner with GoodData. Our customers can take advantage of real-time queries, scalable analytics and flexible API that the GoodData platform provides to maximize their success with Snowflake Data Cloud," said Tarik Dwiek, Head of Technology Alliances at Snowflake.

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APPLICATION INFRASTRUCTURE

Palo Alto Networks launches the first 5G-Native Security Offering for Industry to generate new revenue streams while securing 5G

prnewswire | November 18, 2020

Palo Alto Networks today presented the business' first 5G-local security offering, acquiring its mastery making sure about organizations, mists and gadgets to the 5G world. This new contribution empowers specialist co-ops and undertakings to transform 5G networks into exceptionally secure organizations. The guarantee of 5G is considerably more than quicker perusing on cell phones. Done right, 5G can bring gigantic business change. The plan of 5G networks with its capacity to permit a huge number of gadgets in high-thickness settings can empower savvy flexibly chains, self-ruling transportation, brilliant assembling, mass reception of the web of things and considerably more. "For 5G to live up to its promise of transforming industries, companies need the confidence that 5G networks and services have enterprise-grade security," said Anand Oswal, senior vice president and general manager, Firewall as a Platform, Palo Alto Networks. "We created 5G-native security in order to give enterprises the confidence they need to harness 5G for business transformation and to help service providers secure the new enterprise services they are creating." Palo Alto Networks has taken its expertise in securing enterprises and mobile networks and added understanding of the 5G protocols and 5G network interfaces to introduce a number of industry firsts: Containerized 5G security: Much of the 5G framework is being worked with cloud local structures. Palo Alto Networks containerized 5G security is intended to make sure about the 5G center and edge mists even across multi-cloud and multi-seller conditions. Constant perceivability, avoidance and relationship of 5G client/gadget dangers: The capacity to investigate the flagging channel lets specialist co-ops and undertakings apply security strategies dependent on the client and gadget. Ongoing relationship of dangers can help distinguish which endorser, gadget or machine may be the objective of an assault, or where the underlying driver of dangers may be. This can help in criminology and quickened security occasion examination. 5G network cut security: 5G networks permit specialist co-ops to offer a devoted start to finish bit of the organization that gives endeavors the unwavering quality and certainty to utilize 5G for their center business exercises. Palo Alto Networks 5G-local security lets specialist organizations offer secure renditions of these cuts to their clients as another item. "We have an immense opportunity with 5G, and security is more important than ever. We want a cybersecurity partner that can holistically protect our 5G network and shares our vision of 5G. Security should be simple to deploy and operate. For obvious reasons, I cannot discuss any security partner agreements. I can, however, say that Palo Alto Networks has already made significant strides in 5G innovation such as containerized 5G next-generation firewalls, which enables deploying firewalls automatically through a central cloud-native orchestrator. From my personal experience over the years, I can also say that Palo Alto Networks has the deep expertise and skills to support their security products and ensure success," said Jeremy Capell, director of Information Security, DISH Network. "StarHub is excited to be the first to offer customers in Singapore the 5G experience. To help us bring greater security protections to the new 5G infrastructure and the services that will be delivered, we are happy to work with Palo Alto Networks to integrate their industry-leading 5G security capabilities into our network. Not only does this help us build a secure 5G network, it also enables us to launch new and innovative services," said Chong Siew Loong, chief technology officer of StarHub. "5G networks bring new capabilities and transform the network architecture adopting containers and multi-clouds, enabling dramatic service innovation. Enterprises in verticals such as automotive, manufacturing, oil and gas, mining, etc. are embracing 5G networks to transform their industries," says Tanner Johnson, Omdia. "This presents a requirement for service providers and enterprises to integrate security across the entire 5G network, and establish secure connectivity services. The innovation with Palo Alto Networks 5G-native security speaks to this approach." Availability 5G security capabilities are available on the following Palo Alto Networks next-generation firewalls: PA-5200 Series and PA-7000 Series hardware models as well as all VM-Series software models running PAN-OS 10.0+. Security Services can be added based on use case requirements. 5G security capabilities will be available on CN-Series containerized firewalls soon. About Palo Alto Networks Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before.

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