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Weekly Wrap: Ericsson Bribery Scandal Cuts Deep, Surpassing $1B Penalty
SDxCentral Weekly Wrap for Sept. 27, 2019
Plus, Kubernetes blows Containership off course and skinks the container management company for good.
Stateless announced the general availability of its Luxon platform, the company says “five of the top five” cloud and colocation service providers are testing it.
Ericsson Bribery Scandal Cuts Deep, Surpassing $1B Penalty
Kubernetes Kills Containership’s Cruise
Stateless’ Software-Defined Interconnect Battles NFV, SD-WAN
Full Weekly Wrap Transcript
Today is September 27, 2019, and this is the SDxCentral Weekly Wrap where we cover the week’s top stories on next-generation IT infrastructure.
Ericsson expects to lose $1.23 billion in a potential settlement and related costs to resolve ethics breaches spanning six countries.
The U.S. Securities and Exchange Commission and Department of Justice have been investigating the vendor since 2013 and 2015, respectively, over an alleged kickback scheme.
Ericsson fired 50 people last year following an internal investigation into the scandal and has been apologetic and generally forthcoming about the financial impact of the ongoing inquiry.
The company hasn’t disclosed details about the ethics breaches, but the scope of the investigation goes back decades, covers a wide area of geographic regions and businesses, and is at least partially related to a payment system dating back to the ‘90s.
The steep penalty also comes amid an ongoing turnaround period for the vendor wherein the company has aggressively cut costs and focused on the 5G radio access network space for growth.
Containership announced it will be docking its boat for good on October 31.
The container management company, which launched in early 2015, is the latest vendor to fall victim to the rise of Kubernetes as the de facto container orchestration platform.
Containership founder and CTO Norman Joyner explained that the company was unable to adequately monetize its operations in light of Kubernetes’ rise. This included a failed attempt to pivot its Containership Cloud operations toward a more Kubernetes focused platform.
It also tried adding support for other cloud players like Microsoft Azure, Google Cloud, and Packet.
Unfortunately, the rise of Kubernetes and broad adoption of that container orchestration platform by the large cloud players limited the need for an outside vendor.
Software-defined interconnect startup Stateless today announced the general availability of its Luxon platform.
It also said all five of the top cloud and colocation service providers are testing it.
The multi-tenant platform enables composable Layer 3 network services and runs on commodity hardware.
The startup competes against vendors like Cisco and Juniper Networks, which have
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By SDxCentralSDxCentral Weekly Wrap for Sept. 27, 2019
Plus, Kubernetes blows Containership off course and skinks the container management company for good.
Stateless announced the general availability of its Luxon platform, the company says “five of the top five” cloud and colocation service providers are testing it.
Ericsson Bribery Scandal Cuts Deep, Surpassing $1B Penalty
Kubernetes Kills Containership’s Cruise
Stateless’ Software-Defined Interconnect Battles NFV, SD-WAN
Full Weekly Wrap Transcript
Today is September 27, 2019, and this is the SDxCentral Weekly Wrap where we cover the week’s top stories on next-generation IT infrastructure.
Ericsson expects to lose $1.23 billion in a potential settlement and related costs to resolve ethics breaches spanning six countries.
The U.S. Securities and Exchange Commission and Department of Justice have been investigating the vendor since 2013 and 2015, respectively, over an alleged kickback scheme.
Ericsson fired 50 people last year following an internal investigation into the scandal and has been apologetic and generally forthcoming about the financial impact of the ongoing inquiry.
The company hasn’t disclosed details about the ethics breaches, but the scope of the investigation goes back decades, covers a wide area of geographic regions and businesses, and is at least partially related to a payment system dating back to the ‘90s.
The steep penalty also comes amid an ongoing turnaround period for the vendor wherein the company has aggressively cut costs and focused on the 5G radio access network space for growth.
Containership announced it will be docking its boat for good on October 31.
The container management company, which launched in early 2015, is the latest vendor to fall victim to the rise of Kubernetes as the de facto container orchestration platform.
Containership founder and CTO Norman Joyner explained that the company was unable to adequately monetize its operations in light of Kubernetes’ rise. This included a failed attempt to pivot its Containership Cloud operations toward a more Kubernetes focused platform.
It also tried adding support for other cloud players like Microsoft Azure, Google Cloud, and Packet.
Unfortunately, the rise of Kubernetes and broad adoption of that container orchestration platform by the large cloud players limited the need for an outside vendor.
Software-defined interconnect startup Stateless today announced the general availability of its Luxon platform.
It also said all five of the top cloud and colocation service providers are testing it.
The multi-tenant platform enables composable Layer 3 network services and runs on commodity hardware.
The startup competes against vendors like Cisco and Juniper Networks, which have