Xfinity, a subsidiary of Comcast Corporation, recently confirmed that more than 35 million of its customers were impacted by a data breach linked to the Citrix Bleed vulnerability. This cyberattack, which occurred in mid-October, resulted in the theft of usernames and encrypted passwords. Citrix first announced the discovery of the critical vulnerability CVE-2023-4966 on October … Read more
A position trader has managed to make a profit of $13.2 million (345%) in seven months by buying and holding the cryptocurrency RNDR, which has been dubbed the “NVIDIA of cryptography” due to its decentralized GPU rendering network. According to SpotOnChain, the trader started with a purchase of 1.69 million RNDR on Coinbase in November, … Read more
Technology giant Nokia has struck a deal with HCLTech to transfer around 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry. The employees are located in different countries such as Spain, Italy, India, Japan, China, America, and the APAC region. The agreement aims to strengthen HCLTech’s position in the telecommunications … Read more
HCLTech, an IT giant, has announced its plans to acquire specific assets of Hewlett Packard Enterprise Communications Technology Group (CTG) for $225 million in an all-cash transaction. This deal will see approximately 1,500 staff members and 700 contracted professionals, specializing in telecommunications engineering services, move to HCLTech from various countries including Spain, Italy, India, Japan, … Read more
In a recent acquisition deal, HCLTech has purchased the Communications Technology Group (CTG) from Hewlett Packard Enterprise (HPE) for $225 million. This move is aimed at bolstering HCLTech’s presence in the telecommunications sector by acquiring talent, intellectual property, and customer relationships from CTG. Approximately 1,500 CTG employees with telecommunications expertise will join HCLTech in countries … Read more
HCLTech has acquired the Communications Technology Group, a commercial division of Hewlett Packard Company (HPE), for 225 million dollars in a move to strengthen its presence in the telecommunications vertical. This acquisition will bring in talent in intellectual property, engineering, and research and development, as well as relationships with leading communication service providers (CSPs). Around … Read more
In a recent development, HCL Technologies has acquired Communications Technology Group (CTG), a division of Hewlett Packard Enterprise (HPE), for 225 million dollars. This strategic move aims to enhance HCLTech’s presence in the telecommunications sector by acquiring talent in intellectual property, engineering, research and development, and relationships with prominent communication service providers (CSPs). As part … Read more
HCLTech, India’s third-largest IT services provider, has announced the acquisition of select assets of Communications Technology Group, a commercial division of Hewlett Packard Company, for $225 million (around Rs 1,870 crore) in cash. This deal will also involve the absorption of approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecom … Read more
Averlon, a new Seattle-based startup founded by Sunil Gottumukkala and Vishal Agarwal, is utilizing artificial intelligence technology to assist with various tasks. The company’s founders are pictured in the image above. The startup aims to revolutionize processes through AI technology. Article Source https://www.geekwire.com/2024/salesforce-microsoft-vets-raise-8m-for-new-ai-cybersecurity-startup/
In a recent development, IT firm HCLTech announced its acquisition of certain assets from Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million, equivalent to around Rs 1,874 crore, in an all-cash deal. This agreement will involve the transfer of approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications … Read more