Application Infrastructure

Silicon Labs Completes the Divestiture of Its Infrastructure and Automotive Business

Silicon Labs | July 30, 2021

Silicon Labs announced today that it has completed the all-cash asset divestiture of its Infrastructure & Automotive business to Skyworks Solutions for $2.75 billion.

"I thank both companies' dedicated employees for completing a transformative transaction," Silicon Labs CEO Tyson Tuttle stated. "You have not only been a cornerstone of Silicon Labs' success but also a personal source of pride for my former infrastructure and automotive colleagues. At Skyworks Solutions, we wish you continued success."

The acquisition establishes Silicon Labs as a pure-play leader in secure, intelligent wireless connectivity. The company's leading wireless development platform, unrivaled product portfolio, award-winning security technology, and strong ecosystem allow it to capitalize on the global IoT market's growing diversity.

Silicon Labs intends to distribute about $2.0 billion to shareholders through a combination of special dividends and share repurchases from the net proceeds of roughly $2.3 billion after taxes and transaction costs.

About Silicon Labs

Silicon Labs is a leader in developing secure, intelligent wireless technologies for a more connected world. Our integrated hardware and software platform, user-friendly development tools, unmatched ecosystem, and strong support make us the perfect long-term partner for developing advanced industrial, commercial, home, and life applications. We make it simple for developers to solve difficult wireless challenges across the product lifecycle and bring new solutions to market quickly, changing industries, emerging economies, and improving people's lives.

Spotlight

Migrating digital platforms is an expensive and lengthy undertaking. With legacy SAP systems that were last updated well over a decade ago, The South Florida Water Management District (SFWMD) needed an immediate solution to modernize their platforms. They chose to partner with Infosys Public Services (IPS) on their modernization

Spotlight

Migrating digital platforms is an expensive and lengthy undertaking. With legacy SAP systems that were last updated well over a decade ago, The South Florida Water Management District (SFWMD) needed an immediate solution to modernize their platforms. They chose to partner with Infosys Public Services (IPS) on their modernization

Related News

Hyper-Converged Infrastructure, Windows Systems and Network

StratCap Acquires Approximately $90 Million in Digital Infrastructure Assets

businesswire | July 17, 2023

StratCap announce today that in Q2 2023 the Company acquired nearly $90 million of essential digital infrastructure assets including 13 cell towers and a data center. The 13 cell tower acquisitions included both individual and portfolio transactions with towers located throughout Missouri, Wisconsin, Florida, Tennessee, and New York. Primary tenants on the towers include the three major broadband carriers, AT&T, Verizon and T-Mobile, as well as Dish, Wisconsin Electric Power Company, Wisconsin Power & Light, and an AT&T affiliate that supports AT&T’s First Net Network, which is dedicated to first responders (police, fire, rescue, etc.). Todd Rowley, head of StratCap’s Wireless Infrastructure Platform stated, “The ongoing deployment of 5G networks and continuous increases in mobile data usage are catalyzing both growth and investor appetite in what we believe is a very resilient sector.” The Company also acquired a 127,000 square foot data center in Toronto, Canada. The facility boasts two premier credit-rated tenants, ready access to rich fiber connectivity and 10MVA of installed critical capacity, with plans to increase to 27MVA. The acquisition was part of an institutional joint venture wherein StratCap took a minority stake in the property, yet led the acquisition process and will continue to manage the overall facility. Bryan Marsh, head of StratCap's Global Data Center Platform commented, "This is a mission critical facility that plays a vital role in the digital economy. We are excited to align ourselves with a valued institutional partner to participate in such a dynamic asset with in-place rental income, exceptional tenants, and a value-add growth opportunity though potential expansion." StratCap remains bullish on digital infrastructure given demand drivers like the increasing number of connected devices, growing mobile data usage, the essential role of connectivity in our lives, and new technologies like 5G, autonomous cars, artificial intelligence, and more. Jim Condon, Managing Partner of StratCap, stated, “Digital transformation is moving deeper into all aspects of the global economy and our personal lives. Digital infrastructure assets like cell towers, data centers, fiber networks, and the like, play a mission critical role in making it all work, as well as creating a solid, scalable foundation for the future.” About StratCap StratCap is a privately held, global investment management platform committed to providing access to dynamic asset classes and highly experienced investment professionals. The company is focused on a wide range of digital economy assets with an emphasis on digital infrastructure, sustainability, and technology-centric sectors. StratCap Wireless is an affiliate company focused on acquiring, developing, and managing a variety of telecommunications infrastructure assets that support mobile communications, internet connectivity and data storage.

Read More

Hyper-Converged Infrastructure, Application Storage

Pure Storage Enables Leading French University Hospital to Accelerate Healthcare Data, Modernize Storage Infrastructure to Improve Patient Care

prnewswire | July 14, 2023

Pure Storage®, the IT pioneer that delivers the world's most advanced data storage technology and services, today announced that University Hospital Centre of Saint-Etienne, one of the leading university hospitals in southeast France, is leveraging its portfolio - including FlashArray™, Pure1®, and its Evergreen® architecture - to secure and accelerate access to critical data in order to improve overall patient care and business continuity. Customer Challenge: The University Hospital Centre (CHU) of Saint-Etienne is a public institution that specializes in healthcare, research, and teaching, providing a variety of patient care to people in the region, ranging from pediatrics and maternity care to heart surgery and radiation treatment. As CHU Saint-Etienne increased its data footprint, its legacy storage technologies - a mix of aging disk storage - struggled to meet growing capacity needs, taking up a great deal of space and threatening availability due to regular breakdowns. Faced with growing demands and limited space, the hospital needed to modernize its IT infrastructure, which serves as the foundation for all of its patient systems. As a result, CHU Saint-Etienne worked with partner Axians to shift its legacy infrastructure to Pure Storage, replacing approximately 70 units of legacy hardware with just six units contained in two Pure Storage FlashArray systems, meeting the organization's space constraint requirements. Customer Impact: Pure Storage provides CHU Saint-Etienne the availability, security, and performance it needs to both scale and improve patient care, while enabling easy maintenance for its small IT team. Benefits include: Modernized, Efficient Storage Infrastructure: With Pure Storage FlashArray, CHU Saint-Etienne has significantly reduced its power consumption while increasing storage capacity by 50% compared to its legacy storage environment. The increased capacity enables the hospital's IT team more flexibility to shift workloads and increase demand as needed, providing a future-proof foundation to scale with patients. Reduced Time Spent on Storage Management: Pure Storage's Pure1 AI-driven management platform enables CHU Saint-Etienne to reduce administrative time with an easy-to-use interface that simplifies storage management and allows new IT team members to get up to speed quickly. Additionally, the Pure Evergreen architecture further simplifies management with seamless, non-disruptive upgrades to existing controllers, eliminating downtime for the hospital. Enhanced Data Protection and Greater Availability: Using Pure Storage SafeMode Snapshots in FlashArray, CHU Saint-Etienne can now secure its storage environment with fast recovery of data that has been inadvertently deleted, making it easier to comply with data retention requirements. Snapshots, along with ActiveCluster™ active-active replication across the FlashArray systems, help to minimize the impact of cyberattacks. Pure Storage thus reinforces CHU Saint-Etienne's business continuity plan by helping to deliver greater availability. Improved Application Performance: The new Pure Storage infrastructure dramatically improves application performance for CHU Saint-Etienne, reducing latency from around 17 milliseconds to under a millisecond in most use cases. Staff and clinicians can access data faster and provide a better quality of care to patients and other users of the hospital. Executive Insight: "Moving our legacy storage environment to Pure Storage was one of the best decisions we could have made as an IT team. Not only does Pure Storage deliver unrivaled performance and management capabilities that meet our data storage needs, but it enables us to truly secure and scale sensitive and business-critical data to meet growing patient demands, ultimately helping us deliver better care across the region." – Samuel Pelissier, IT Infrastructure and Operation Manager, CHU Saint-Etienne "We're supporting CHU Saint-Etienne to power the healthcare of tomorrow. Data is central to delivering better patient outcomes and faster diagnosis and our solutions enable the University Hospital in this regard. Not only are we meeting CHU's needs and positively impacting patients' lives, we're also supporting sustainability for the public sector organisation in greatly reducing its data centre footprint." - Hugues Hueze, Country Manager France, Pure Storage. About Pure Storage Pure Storage uncomplicates data storage, forever. Pure delivers a cloud experience that empowers every organization to get the most from their data while reducing the complexity and expense of managing the infrastructure behind it. Pure's commitment to providing true storage as-a-service gives customers the agility to meet changing data needs at speed and scale, whether they are deploying traditional workloads, modern applications, containers, or more. Pure believes it can make a significant impact in reducing data center emissions worldwide through its environmental sustainability efforts, including designing products and solutions that enable customers to reduce their carbon and energy footprint. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world.

Read More

Application Storage, Data Storage

PingCAP Launches TiDB Serverless, a Cutting-Edge Solution to Optimize Application Development and Performance

Globenewswire | July 07, 2023

PingCAP announced the introduction of TiDB Serverless, its newest offering of TiDB, the company’s open-source, distributed SQL database. As a fully-managed, autonomous database-as-a-service (DBaaS), TiDB Serverless delivers reliable scalability for developers who want to free themselves from manual database tasks, such as sharding. TiDB Serverless offers key advancements to PingCAP’s leading database architecture and provides developers with time-saving features, including Auto Elasticity - TiDB Serverless automatically scales hundreds of nodes up and down to meet critical workloads in real-time. It enables separate scaling for storage and compute, allowing autonomous scalability of nodes without manual sharding—so development teams can focus on what’s next. TiDB Serveless maintains the ACID properties of data transactions. Fully-Managed Operations - With built-in auto failover and self-healing to ensure continuous operations, multiple availability zones (Zs) are used to duplicate data, increasing overall resilience and prevention of failures. TiDB Serverless performs daily data backups, increasing safety measures and facilitating data recovery if necessary. TiDB Serverless also ensures auto-failover, minimizing downtime and guaranteeing business continuity. Usage-Based Pricing - Lower overall infrastructure costs by only paying for the data processing and storage you use. TiDB Serverless eliminates the need for manual intervention by abstracting the underlying infrastructure and automatically adjusts to changing workloads. TiDB Serverless guarantees that developers only pay for the resources they actually need. AI-Assisted Enhancements - New features such as Chat2Query, powered by OpenAI’s ChatGPT3, allow developers to generate SQL queries on the fly, increasing overall developer productivity. The service provides real-time insights into dynamic datasets, allowing developers to analyze and explore more data at a faster rate. The service ensures developers make smarter business decisions by providing timely and relevant information. "Enter a new era of seamless scalability with our revolutionary TiDB Serverless," stated Max Liu, CEO of PingCAP. "This innovative product represents a significant milestone for PingCAP, offering developers exceptional flexibility and scalability. TiDB Serverless will drive growth and empower organizations to achieve significant improvements in database management. We are excited for developers to explore its endless opportunities while benefiting from unmatched efficiency." For the first 5 clusters in an organization, TiDB Serverless will provide free usage up to 5GB of row storage, 5GB of column storage, and 50 million Request Units (RUs). Please review TiDB Serverless Pricing Details for an in-depth pricing breakdown. Thought leaders from PingCAP will discuss key advancements to TiDB in a TiDB Serverless launch webinar on Monday, July 10, at 10 a.m. PT. To register for the webinar, please sign up here. About PingCAP PingCAP is the company behind TiDB, the most advanced, open source, distributed SQL database. TiDB powers modern applications with a streamlined tech stack, elastic scaling, real-time analytics, and continuous access to data—all in a single database. With these advanced capabilities, growing businesses can focus on the future instead of complex data infrastructure management. Some of the world’s largest companies across technology, financial services, travel, Web3, and gaming trust TiDB to handle their business-critical workloads.

Read More