HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE, STORAGE MANAGEMENT
Alphawave IP | October 17, 2022
Alphawave IP Group plc, a global leader in high-speed connectivity for the world's technology infrastructure today announced the acquisition of Banias Labs, an Israel-based optical Digital Signal Processing ("DSP") chip developer for data centers for approximately US$240 million. The acquisition strengthens Alphawave's roadmap of optical DSP silicon products for data centers, a core high growth market for Alphawave.
Alongside the acquisition of Banias Labs, Alphawave has negotiated a non-binding, multi-year purchasing framework with a leading North American hyperscaler that proposes a multi-year roadmap for Alphawave to develop and sell a portfolio of optical products and DSPs, including coherent DSP technology from Banias Labs, with sales potentially ramping to over US$300 million.
"Banias Labs optical DSP technology provides a strong strategic advantage for Alphawave, strengthening our roadmap of DSP silicon solutions for data centers. This acquisition enhances our portfolio of electrical and optical solutions in the most advanced process technologies. The multi-year purchasing framework includes coherent optical solutions, and with the Banias acquisition, Alphawave is expanding its total addressable market by delivering next generation coherent optical solutions for the most advanced data centers."
Tony Pialis, President and Chief Executive Officer of Alphawave
John Lofton Holt, Executive Chairman of Alphawave said: "We are pleased to welcome the talented Banias Labs team to Alphawave. This acquisition aligns with the strategic priorities that we articulated at our IPO, expanding our technology portfolio in high-speed connectivity to support long-term growth. Coherent optics will enable the next level of efficiencies in data center communications, addressing the increasing bandwidth and power efficiency requirements."
About Coherent Optics
Coherent optics is the next evolution of optical solutions, the cornerstone of the industry's efforts to achieve 800G and 1.6T Ethernet speeds while maintaining the required reaches inside and outside of data centers and also significantly reducing power consumption. Coherent technology is predominantly used today in long reaches of over 100km connecting data centers and in telecommunications. Banias Labs' optical DSP technology strengthens Alphawave's optical products roadmap by targeting a growing opportunity for coherent optical technology intra-data center, as shorter reaches adopt this technology.
HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE
Service Express | September 13, 2022
Service Express, a leader in global data center and infrastructure solutions, today announced the acquisition of third-party maintenance (TPM) provider Sherlock Services based in Ohio. The acquisition complements Service Express' current third-party maintenance offerings and brings expanded data center solutions to existing Sherlock Services customers.
Founded in 1991, Sherlock Services provides multivendor data center maintenance and hardware solutions for server, storage and network systems. In addition to over 30 years of industry experience, the company brings a talented team of US-based Level 2 and Level 3 Engineers to Service Express.
"We've offered similar solutions and worked alongside Service Express for many years and have been impressed with the level of service the company provides," said Ron Pollard, Co-Owner and President of Sherlock Services. "We look forward to offering our customers a widened portfolio of services and end-to-end data center support."
The acquisition of Sherlock Services strengthens Service Express' technical team, brings additional OEM expertise and builds upon the company's comprehensive third-party maintenance offerings.
"Our primary goal throughout the acquisition is to ensure our people have the resources they need to develop skills and explore potential career opportunities. "We anticipate a seamless transition and look forward to what's next with Service Express."
Greg Brumbaugh, Co-Owner & VP Operations of Sherlock Services
Data center solutions delivered by Service Express offer Sherlock Services customers new options for their day-to-day needs beyond third-party support, including Hybrid Cloud and Managed Infrastructure solutions. Service Express continues to expand its offerings to provide customers with one source for end-to-end data center and infrastructure needs.
"Sherlock Services has great reputation, and they serve their customers and employees well – making them a great fit for Service Express," said Ron Alvesteffer, President and CEO of Service Express. "We're thrilled to welcome Sherlock Services' skilled team to Service Express and offer the company's existing customers more depth and expertise for their data center!"
About Service Express
Service Express is an industry-leading data center solutions provider specializing in global multivendor maintenance, hybrid cloud, managed infrastructure services, hardware solutions and more. Companies around the globe trust Service Express to deliver reliable end-to-end support. Service Express' flagship technology, ExpressConnect®, helps IT teams automate support with monitoring, ticketing, integrations and account management. For more information, visit serviceexpress.com.
About Sherlock Services
Sherlock Services is a data center solutions provider specializing in multivendor third-party maintenance (TPM) and hardware for server, storage and network systems. Since 1991, Sherlock Services has delivered data center support for its global customers. The company resolves hardware failures quickly and cost-effectively with local technicians and onsite parts.
APPLICATION INFRASTRUCTURE, DATA STORAGE, IT SYSTEMS MANAGEMENT
IronNet, Inc. | September 30, 2022
IronNet, Inc., an innovative leader Transforming Cybersecurity Through Collective DefenseSM, has launched IronRadarSM, a new solution designed to proactively and automatically update customers’ cybersecurity tools with malicious indicators for adversary infrastructure.
Developed by IronNet’s team of elite threat hunters, IronRadar uses an innovative process that fingerprints a server and determines whether it is a command and control (C2) server while those servers are being stood up, even before a cyber attack is initiated. IronRadar enriches the data creating purpose-built intelligence updates for proactively blocking adversarial infrastructure, and was observed to have 98% accuracy over six months of testing.
“We know that Cobalt Strike and other open-source tools provide the framework for legitimate ‘red team’ activities. “Unfortunately, open-source tools are being used by advanced persistent threat groups to gain access to systems, establish C2, and launch attacks. Thanks to our innovative and dedicated CyOC team, IronRadar can identify threats as new adversarial infrastructure servers appear and before they can be used in sophisticated cyber attacks.”
Don Closser, Chief Product Officer of IronNet
IronRadar is now available for all networks beyond the IronNet Collective DefenseSM platform community as an annual subscription – sold directly from the Amazon Web Services (AWS) Marketplace makes it cost effective and easy to buy and scale. Once installed, customers can easily upgrade to join the Collective Defense community at any time.
“Detecting weaponized C2 servers before they connect to a network and inflict damage like ransomware and eCrimes is a daunting challenge for all organizations,” said Christopher Kissel, Research Vice President of Security and Trust Products, at IDC. “The launch of the purpose-built threat intelligence feed from IronNet is a game changer because it proactively blocks known, new, and unreported C2 infrastructures.”
IronRadar is the only existing automated threat intelligence feed developed specifically to combat C2 behavior. This easy-to-use tool enables a customer’s SOC to:
Actively block known C2 and emerging threat C2 IoCs.
Integrate real-time threat intelligence into any security solution – SIEM, SOAR, Incident Response, and more.
Accelerate threat response by exposing the adversaries and evolving tradecraft targeting infrastructure.
IronRadar integrates seamlessly with the IronNet Collective Defense platform, powered by AWS, which is the only solution that can identify anomalous behaviors and deliver actionable attack intelligence to all the other participants in the IronNet community. The Collective Defense platform serves as an early warning system for all participating companies and organizations, strengthening network security through correlated alerts, automated triage, and extended hunt support.
About IronNet, Inc.
Founded in 2014 by GEN Keith Alexander, IronNet, Inc. is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today.