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Cisco has released a sneak peek at its next-generation hybrid work collaboration tool. Webex Hologram is the industry’s first real-time meeting solution that combines feature-packed Webex meeting capabilities with immersive 3D holograms using augmented reality headgear.   Webex Hologram is a solution that will add augmented reality to the company’s collaboration platform. Webex Hologram claims to produce lifelike, real-time holograms of actual people when used with AR headsets like Magic Leap and Microsoft HoloLens.   This innovative technology provides a “1 to many” presenter experience, which allows for remote involvement from several users. In contrast to other services that restrict usage to fixed angle views, all users can now concurrently enjoy a multi-dimensional experience. The presenter may communicate using both physical and digital content using Webex Hologram, allowing participants to co-create and actually interact.   Jeetu Patel, executive vice president and general manager, Cisco Security and Collaboration, commented: “Webex Hologram…

Enterprise networking and security leader Cisco, has unveiled a new, expanded Secure Access Service Edge (SASE) offering. This is a step for Cisco towards radically simplifying security and networking by helping network operations (NetOps) and security operations (SecOps) teams securely connect users to applications.   Cisco delivers the capacity to purchase all of the key components of a SASE product in a one-stop offering, making it easy to transition to a single subscription service in the future. Cisco provides all key elements of the SASE architecture, including best-in-class networking, remote access, cloud security, zero trust network access, and observability. Cisco aims to incorporate these components into a single subscription service and provide seamless, secure access to any application on any network or cloud, wherever end users are located.   According to Cisco, the reason for combining all SASE components into one package is that it allows companies a shorter time-to-market.…

Cisco, a global giant and provider of IT, networking and cybersecurity solutions, has announced that it has received the final regulatory approval for a $4.5 billion agreement to purchase Acacia. The merger was reportedly approved by the Chinese government’s State Market Regulatory Administration (SAMR) on Tuesday. The consent from SAMR was the last hurdle to clear for Cisco to complete the deal.   Cisco’s plans to acquire Acacia Communications were first announced in July of 2019. The deal was on a fully diluted basis to buy the company for $70 per share in cash for a total of $2.6 billion. Cisco had then received the regulatory go-ahead from the United States, Germany and Austria.   Cisco has received the approval under certain conditions. According to SAMR, the deal could progress as long as Cisco and Acacia continue to fulfill existing contracts in China, as well as supply Chinese companies in…

The American multinational technology conglomerate, Cisco, has announced its intention to acquire IMImobile, a provider of cloud communications software and services that manages business-critical interoperability on a large scale. The deal is valued at nearly $730 million, assuming full dilution of the shares, net of cash and debt. The acquisition will be Cisco’s largest in the UK in about three years. The company will pay IMImobile shareholders £5.95 per share and the acquisition of the software vendor is expected to be completed in the first quarter of 2021, following regulatory approval. The American company said the procurement will provide its consumers with an end-to-end customer interaction management solution and the ability to promote quicker and much improved communications and interactions through a selected customer channel. Cisco’s Webex Contact Center solution, along with IMImobile software and services, will offer a solution that leverages artificial intelligence throughout the customer’s…

Theatro, a Dallas based SaaS company, has announced that it has secured a strategic investment from Cisco Investments and Honeywell Ventures for its voice-controlled mobile platform that connects hourly employees to each other and to essential enterprise information. The world’s first voice-driven Intelligent Assistant platform is being offered as a ”hardware-enabled” software as a service solution, and is designed to provide deskless employees a “heads up and hands-free” connection to their corporate systems and management teams. Chris Todd, President and CEO of Theatro, said, “We are proud to have Cisco Investments and Honeywell Ventures join us in our journey as investors. Companies across a wide variety of industries are recognizing the significant customer experience and productivity benefits of a connected and engaged workforce. Our collaborations with Cisco and Honeywell ensure that Theatro will remain at the cutting edge of both networking and mobile standards and help us bring these…

Cisco Vice President Rob Salvagano recently announced plans for Cisco to acquire the cloud-base mobile platform provider, July Systems. July Systems specializes in location services for global enterprises. They collect and generate data-based insights by tracking customer movements within locations such as stores, malls, airports, stadiums and hotels, similar to the methodology used for  compiling online browsing information. Headquartered in California, US and with a Global Development Center in Bangalore, India, July Systems has already collaborated with Cisco for several years on their Connected Mobile Experience (CMX). “We plan to add July Systems’ platform and business context capabilities to provide a unified solution on which our partners and customers can build and deliver a range of indoor location services for industries as diverse as healthcare, government, logistics, manufacturing, sports arenas, hotels, education and retail,” explains Salvagano. July Systems was founded in 2001 by Rajesh T.S. Reddy with funding of USD…

AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.

Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.

Several major technology companies have joined forces to establish The AI-Enabled ICT Workforce Consortium, aimed at enhancing skills and knowledge among tech professionals facing potential disruption from artificial intelligence (AI). Notable participants include Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, supported by key industry and labor organizations.