Axon Networks acquired Greenwave Systems, combining two companies with shared roots to create a more unified, AI-powered network orchestration platform.
The US-based company stated the deal strengthens its cloud-agnostic Axon Maestro platform, purpose-built for telecom operators, institutions and enterprise service providers.
Greenwave’s software-defined mobile network services, including its network-as-a-service orchestration portfolio, will be added to Axon Maestro.
Greenwave’s technology will be folded into the Maestro platform as dedicated modules, with its engineering team shifting focus to OSS/BSS product development with expanded support for mobile connectivity.
Financial terms are not available.
At the heart of the integration is Axon’s real-time digital twin technology, which the company said will serve as the foundation for next-generation network inventory management.
Axon CEO Martin Manniche, who co-founded Greenwave in 2008 alongside other current Axon executives, stated operators are too often constrained by legacy operational support systems which require heavy customisation and slow down innovation.
“This limits their agility and effectiveness, delaying innovation and time-to-market for new services,” he said.
The deal also positions Axon to capitalise on growing operator interest in fixed wireless access and low earth orbit satellite connectivity.
As those technologies gain traction in access networks, the company argues end-to-end orchestration from the mobile core to in-home devices will become increasingly critical for delivering a consistent subscriber experience.
The tech mogul has reportedly sought the help of former chief investigations counsel for the House Oversight Committee ahead of his testimony to US lawmakers.
The tech mogul has reportedly sought the help of former chief investigations counsel for the House Oversight Committee ahead of his testimony to US lawmakers.
The US Central Command said its forces began launching “self-defence” strikes against Iran on Wednesday morning (AEST) at President Donald Trump’s direction.
The US Central Command said its forces began launching “self-defence” strikes against Iran on Wednesday morning (AEST) at President Donald Trump’s direction.
OpenAI confidentially filed paperwork for a US IPO, becoming the latest company to move towards a listing as heavyweights in the AI sector race to raise fresh funds.
The ChatGPT-maker stated it had submitted a draft registration statement to the US Securities and Exchange Commission (SEC), adding, “we expect it to leak so we’re just announcing it”.
The AI player did not disclose the size, price or timing of the listing and cautioned a debut may not be imminent. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company,” it stated.
OpenAI added the decision involves “a complicated set of trade-offs”, but that the filing gives it “the option to go public sooner if that ends up being best”.
Reuters reported OpenAI is targeting a valuation of up to $1 trillion, with a debut possible as early as September. The value would put it alongside AI rival Anthropic, which confidentially filed for its own US IPO last week. SpaceX. meanwhile, is expected to launch its IPO this week, at a reported $1.75 trillion valuation.
The three firms all have a “vast need for cash”, Aviva Investors’ head of multi-asset Sunil Krishnan told the BBC, adding “no-one wants to be last” in the race to go public. He explained the companies’ hefty investments in AI infrastructure, including chips and training models, come at significant cost.
OpenAI’s filing follows a period of rapid growth. Last week, research company Sensor Tower estimated ChatGPT crossed 1 billion monthly active users on its app, becoming the fastest in history to reach the milestone.
The company’s route to market was also complicated by its nonprofit origins and efforts to restructure. In May, a US jury ruled against Elon Musk in a lawsuit accusing OpenAI of departing from its founding mission, removing a key legal barrier for the ChatGPT-maker ahead of any listing.
Those gripped by the saga will hope the appearance of his long-time executive assistant before a US House committee can illuminate a case that still refuses to yield all its secrets.
Those gripped by the saga will hope the appearance of his long-time executive assistant before a US House committee can illuminate a case that still refuses to yield all its secrets.
Trump’s FBI director wanted to pull together a series of actions by the president’s opponents into a single “grand conspiracy”. The first the public heard of it was through Joe Rogan’s podcast.
Trump’s FBI director wanted to pull together a series of actions by the president’s opponents into a single “grand conspiracy”. The first the public heard of it was through Joe Rogan’s podcast.
The team in the biggest market in the NBA is playing finals for the first time since 1999 and has the chance to sweep the series, infecting New York with a joie de vivre beyond even its usual energy.
The team in the biggest market in the NBA is playing finals for the first time since 1999 and has the chance to sweep the series, infecting New York with a joie de vivre beyond even its usual energy.
He was the PR guru to looksmaxxer Clavicular and markets far-right conspiracy theorist Candace Owens. For once-cancelled reporter Mitchell Jackson, there are no rules – only a good show.
He was the PR guru to looksmaxxer Clavicular and markets far-right conspiracy theorist Candace Owens. For once-cancelled reporter Mitchell Jackson, there are no rules – only a good show.
A visibly enraged US president took off his microphone, dropped it to the ground and stepped on it after unleashing a tirade against the American media and elections.
Intelligence agencies warn that intensified Israeli efforts to learn about American positions in talks with Iran have crossed a line, complicating efforts to end the war.
Intelligence agencies warn that intensified Israeli efforts to learn about American positions in talks with Iran have crossed a line, complicating efforts to end the war.
Login
