Gamechanger of the Year, Technology Company of the Year and PRM Solution Provider of the Year

Press release content from PR Newswire. The AP news staff was not involved in its creation.

SALT LAKE CITY, Oct. 12, 2020 /PRNewswire/ — Impartner, the world’s most complete channel management platform and Partner Relationship Management (PRM) provider, today announced it has been recognized with three 2020 ACQ5 Awards for International Technology Company of the Year, SaaS-Based PRM Solution Provider of the Year and Gamechanger of the Year for CEO Joe Wang. This is the third consecutive year Impartner has received multiple ACQ5 awards, which are chosen from nearly 100,000 submissions from the corporate news site’s global readership. The awards recognize organizations and individuals that demonstrate an ability to deliver services and skills to meet clients’ needs and adapt to market and regulatory conditions — and are truly world class in the way they are run and in the services they deliver to clients.

“Experts whose

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Acacia Drives Coherent DWDM Technology to Service Provider Edge and Access Networks

Delivers the Higher-Capacity Coherent Technology Needed to Meet Rising Bandwidth Demands of Cable/Fiber Deep and 5G Wireless X-haul Applications

Acacia’s 100G coherent DWDM module for 5G X-haul and cable

Acacia’s new 100G coherent DWDM module in the QSFP-DD form factor for edge and access networks
Acacia’s new 100G coherent DWDM module in the QSFP-DD form factor for edge and access networks
Acacia’s new 100G coherent DWDM module in the QSFP-DD form factor for edge and access networks

MAYNARD, Mass., Oct. 07, 2020 (GLOBE NEWSWIRE) — Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced it is sampling a new 100G coherent dense wavelength division multiplexing (DWDM) pluggable solution designed to help service providers, carriers and cable operators meet growing bandwidth demands in edge and access networks. Offered in the QSFP-DD form factor, Acacia’s new 100G coherent DWDM module was designed to provide a scalable traffic aggregation solution, as well as an upgrade path to migrate from existing 10G WDM

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Romeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp.

  • Romeo Power has entered into a definitive merger agreement with RMG Acquisition Corp. (NYSE: RMG); upon closing, the combined company will remain listed on the New York Stock Exchange under the new ticker symbol “RMO”

  • Romeo Power raises $384 million through the business combination, including a $150 million fully committed PIPE anchored by institutional investors as well as strategic investors The Heritage Group and Republic Services

  • Funding provides for capacity expansion and R&D to further develop the next generation of battery system technologies for commercial vehicles

  • BorgWarner is a strategic investor and joint venture partner of Romeo Power

  • The Heritage Group is a strategic investor, PIPE participant and recycling partner of Romeo Power

  • Republic Services is a strategic investor in the PIPE and intends to enter into a strategic alliance with Romeo Power  

  • Pro forma equity value of the combined company is approximately $1.33 billion

  • Transaction is expected to close

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NEC snaps up Swiss digital banking solutions provider Avaloq in $2.2 billion deal

NEC has agreed to acquire Avaloq in order to secure a global pathway into the digital payments market. 

Announced on October 5, the deal will bring Avaloq under the Japanese IT group’s umbrella, although Avaloq will continue to operate using its own brand. 

Under the terms of the agreement, NEC will pay CHF 2.05 billion, or approximately $2.23 billion, for 100% of Avaloq shares. At present, 45% is owned by global private equity firm Warburg Pincus, whereas the rest are held by the firms’ founders and employees. 

Founded in 1985, Avaloq is an IT solutions company now specializing in banking, wealth management, and the digital payments space. The firm has developed business process as a service (BPaaS) and software as a service (SaaS) cloud solutions for banks and financial organizations. 

See also: Infosys acquires GuideVision in European services push

Headquartered in Switzerland, Avaloq is listed on the Tokyo stock exchange

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Green Electricity Provider to Create 1,000 New Jobs in U.K.

(Bloomberg) — A U.K. clean energy company is seeking to create 1,000 jobs by the end of next year, expanding its technology to simplify the way consumers buy electricity.



a field of grass with trees in the background: Power lines run from Hinkley Point nuclear power stations, operated by Electricite de France SA's (EDF), near Bridgwater, U.K., on Thursday, Sept. 15, 2016. After a decade of dealmaking and political brinkmanship, Electricite de France SA finally won the green light to build what will be the most expensive nuclear power station ever built, an 18 billion-pound ($24 billion) behemoth at Hinkley Point on England's west coast.


© Bloomberg
Power lines run from Hinkley Point nuclear power stations, operated by Electricite de France SA’s (EDF), near Bridgwater, U.K., on Thursday, Sept. 15, 2016. After a decade of dealmaking and political brinkmanship, Electricite de France SA finally won the green light to build what will be the most expensive nuclear power station ever built, an 18 billion-pound ($24 billion) behemoth at Hinkley Point on England’s west coast.

Octopus Energy Ltd. said it wants to make the U.K. the “Silicon Valley of energy” and detailed a plan to expand its cloud-computing platform, known as Kraken, which aims to make it easier and cheaper for people to use renewable energy.

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The new jobs will go mainly to graduates and

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Hacked software provider acknowledges ransomware attack

A major U.S. provider of software services to state and local governments has acknowledged it was hit by a ransomware attack two days after telling clients an unknown intruder had compromised its phone and information technology systems

DALLAS — A major U.S. provider of software services to state and local governments acknowledged Friday it was hit by a ransomware attack two days after telling clients an unknown intruder had compromised its phone and information technology systems.

Tyler Technologies said in a statement that it confirmed the intruder used ransomware but did not provide further details on its response, citing an ongoing investigation. A spokesperson for the Dallas-area company did not directly answer a question about whether it had paid to have its systems unlocked.

Ransomware purveyors are increasingly breaking into company and government networks and siphoning

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