Singtel and FireEye Launch First Joint Advanced Security Operations Centre in APAC to Help Enterprises Counter Sophisticated Cyber Attacks
Today 8:02 AM ET (Market Wire)Print
Singapore Telecommunications Limited (Singtel) and FireEye, Inc. (NASDAQ: FEYE) today launched their first joint Advanced Security Operations Centre (ASOC). The new ASOC combines FireEye's leading security expertise with SingTel's deep info-communications capabilities and extensive regional data infrastructure.
The Singtel FireEye ASOC provides organisations with the latest technology, expertise and intelligence to enhance their security protection against the rapidly growing threat of advanced attacks in the Asia Pacific region.
Located in Singapore, the ASOC is the first facility of its kind to be integrated into Singtel's existing network operations centre. This gives cyber security experts end-to-end visibility of Internet traffic, corporate networks and user end-points, for a swift response to security incidents.
It was a killer that Duke screwed up with regulators in Indiana...Echelon losing that single job cost them 3 years of significant revenue and a nice footprint in the Grid business...that was single biggest lost. But realistically, look at Landis, (bought), itron down to $30's since Cramer had them on tv when they were $104 and promoted them as Buy then, look at Silver Springs..IPO at $30..now $10...so its all the smartmeter players,..NOT just Echelon or their management...that's reality. Cisco dropped right out of this business after dolphinoo ballyhooed their deal with Itron...so much for them. No, there was PLENTY of analysts, and industry "experts" saying this was a huge market and opportunity for all players, and yet it has been a disaster for them all, with regulators holding up roll outs, public outcry, government meddling across the globe trying to promote their local companies, competing technologies that only served to confuse the marketplace...you get the picture.
With half of Echelon employees off payroll, the cash on hand goes a long ways into future.
Real nice article and again, Lonworks is the core business..IP just a way to deliver, and as Cisco found out..its way out in the future as I told dolphinoo basher years ago...Echelon has the vision to ease business' move to IP which will take many years...
With meter investment jettisoned, they can afford luxury of this acquisition and expand their core business....good buy...
...not just Echelon..SSNI down to $10 from $30...Landis, once worlds largest was sold....Itron stuck in $30's once was over $100....Grid business has gone from Cisco CEO quote of, "it will be bigger than internet" to a slow crawl...Oshman said a dozen years ago the grid business was "glacier" slow... it only got worse with regulators, public advocates, government nationalism, multiple vendors and technologies. Just a bad arena for 10 years. It appeared according to analysts and industry reports to be a exciting , growing industry. None of smartmeter players have benefited though, not just Echelon. Thems the facts boys. Rest is troll yapping only.
Itron -7.3% on 2-notch BofA/Merrill
downgrade • 10:31
Itron (NASDAQ:ITRI) has received a 2-notch downgrade to Underperform from BofA/Merrill's Andrew Hughes.
Hughes states expected vendor announcements for global smart meter rollouts failed to materialize in 1H14. He's also worried about "new competitive threats enabled by the rapid growth in distributed solar generation."
Q2 results are due on Aug. 5.
not much "visibility" out there..this industry we follow here has really disappointed for a decade now...always industry analysts pronounce its about to explode,.. then everything slows down..regulatory issues, consumer backlash, too much competition, utility apprehension and non-comprehension combined...been pretty bad. SSNI got hammered, ELON hammered, landis bought out, itron water and gas and services business keeping it afloat but stock been flat for years and years... Oh well. One thing with ELON is its now low price...a little good news and earning move can move it pretty fast upward.
Echelon is much more into the Industrial Internet of Things..not consumer end that is in press, like Apple today...Apple has ZERO, nothing for the hundreds of billions that are to be spent on IIoTs....Echelon WAY ahead of those guys with tens of millions of devices already installed, products that can allow legacy systems to stay while updating to newest technologies...Whether they "explode" in a year or two is certainly debatable...we'll just have to see...
has bid in for 80K in two blocks..been lurking in this range for some days now..guess its good someone is willing to throw 300K at ELON right here..almost all small buy/sells otherwise..
Landis says..."We are betting that smart grids will develop in Europe, the Middle East and Africa, in Asia-Pacific and in South America. The opportunity is huge," Mora said.
This IS a speculative stock...it's draw is that it CAN move up very fast...It has a minuscule float of 41M shares..is is a extremely large coming market.. hence statement from landis .. We are betting that smart grids will develop in Europe, the Middle East and Africa, in Asia-Pacific and in South America. The opportunity is huge," Mora said. And that is JUST smartmeters..Echelon has a firm grip on the IIoTs marketplace coming too, which will be even larger than smartmeters by a factor of tens... You are new to board, your judgments of who is pumping and who can see a vision is clouded right now still. If an announcement comes over wires of Smartmeter win stock will jump and stay jumped for next several years as they add deployments and IIoTs market revenue comes in.
With some Smartmeter deployments on way in EU and China contracts in wings, the IIoTs market about to become a reality after Echelon was 25 years ahead of its time, a revenue increase in its LON business,(now transformed into IIoTz) on the visible horizon..(Apple isn't getting in to wait ten years to be sure), stock can grow on expectations of revenue increase and profitability in foreseeable future for mid-term investors...
good post and a reminder to bashers how fast Echelon can get to profits and stock will move accordingly...I see even longtime basher has hard time "pooh-poohing" the opportunities...LOL
..so much for PRIME taking over world as basher has pronounced many times.. Hey but thanks for posting what Sege already said would be direction of roll out...