TECH & SCIENCE

Finnish telecom operator and consumer electronics major, Nokia, has reportedly announced that it has officially completed the sale of its EPON/DPoE and DOCSIS Distributed Access Architecture portfolios to Vecima Networks Inc.

The deal follows the originally announced planned acquisition when Sumit Kumar, the President and CEO of Vecima Networks, had stated that Nokia’s portfolio is in perfect alignment with Vecima’s strategy to deliver independent, open and future-proof cable access solutions that promote a multi-vendor ecosystem. He had also stated that the addition of these products would widen the company’s DAA platform, thereby adding 10G-EPON products to its portfolio.

For the uninitiated, Nokia is

Roper Technologies Inc., an American software company, is reportedly in talks to purchase insurance software vendor Vertafore Inc. for around USD 5.5 billion.

Sources cite that deal would be the biggest acquisition to date for Roper. The deal highlights the company’s ambition to expand its business even during the COVID-19 pandemic, which has seriously impacted its few customers and prompted them to review their spending plans.

Sources confirm that several private equity firms are also in talks to acquire Vertafore, which is owned by Bain Capital and Vista Equity Partners. If the negotiations are successful, the purchase could be announced this month.

The reliable sources requested anonymity as the negotiati

Minerva Intelligence Inc., an AI solutions provider, has reportedly inked a contract with a mineral exploration company, Freeport Resources Inc. The contract has been signed for the provision of components of its TERRA Mining AI suite such as LEO, SOLACE, TARGET, and DRIVER solutions.

CommsChoice Group Ltd. has recently announced the expansion of its Microsoft Teams calling platform in the Philippines, Japan, and China. The platform is currently live in Tokyo, Manila, Shanghai, and Beijing, providing the extensive Teams calling coverage in the Asia Pacific region.

The recent expansion marks the ASX-listed cloud communications provider as the 1st company to deliver the Microsoft Teams calling services in China, as well as the 1st company to provide the International Teams calling from a provider in major Asian markets.

According to Peter McGrath, chief executive officer of CommsChoice, the company has been continuously expanding its network to aid multi-national companies in gaining access to a platform p