Network Break | October 30, 2017
Network Break 159: Cisco Buys BroadSoft; Gigamon Gets Sold
Greg
Ferro
Drew
Conry-Murray
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Take a Network Break! Cisco spends almost $2 billion to acquire SaaS-based unified communications provider BroadSoft, and enters a cloud partnership with Google. Gigamon agrees to a $1.6 billion buyout from Elliott Management.
The Trump Administration wants more scrutiny of work visas, including the H-1B; Kaspersky Lab announces a transparency initiative to win back trust; and Microsoft has a stellar quarter.
Juniper struggles with lumpy sales in its recent financial quarter. Amazon rakes in big money from AWS, and pushes the envelope of customer trust by asking for physical access to people’s homes.
You can find links to all these stories just after our sponsor messages.
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Show Links:
Cisco Announces Definitive Agreement to Acquire BroadSoft – Cisco
Cisco and Google Find Mutual Interest in Cloud Computing – The New York Times
Cisco and Google Partner to Deliver New Hybrid Cloud Solution – The Network
Gigamon Enters into Definitive Agreement to be Acquired by Elliott Management – Gigamon
Gigamon Reports Third Quarter 2017 Financial Results – Gigamon
Activist investor to take Gigamon private in $1.6B deal – Silicon Valley Business Journal
Trump deals another blow to H-1B visa holders – Axios
‘We’ve nothing to hide’: Kaspersky Lab offers to open up source code – The Register
Trust First: Kaspersky Lab launches its Global Tranparency Initiative – Kasperky Lab
Earnings Release FY18 Q1 – Microsoft
What just counted $24bn in receipts, and rhymes with psycho loft? – The Register
Juniper Networks Reports Preliminary Third Quarter 2017 Financial Results – Juniper
Juniper Networks ‘Realigns’ its Workforce after Q3 2017 Earnings – SDX Central
Amazon.com Announces Third Quarter Sales up 34% to $43.7 Billion – Amazon
Amazon’s stock price is soaring after its financial results crushed third-quarter expectations – Recode
Introducing Amazon Key, a New Level of Delivery Convenience for Prime Members – Amazon
Amazon’s New Plan for Home Deliveries: Hand Over the Keys – Wall Street Journal
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I just listened to the latest Network Break edition and feel that I have something to add here. The topic was about H1-B scrutiny for renewals and both Drew and Greg immediately started speaking about outsouring companies, as if they are the only recepients of the H1-B Visa. Let me enlighten you about the other aspect of the H1-B visa, which is full-time employees hired by US companies directly to work for them directly. Most of these employees (also on H1-B) have Masters or PhDs from top US universities and are among the best and the brightest. Several top CEOs, such as those from Microsoft, Google, etc. were also initially hired to work on the H1-B Visa. Yet, its baffling that many people, including the US Government conveniently chose to ignore such H1-B employees. The ones from consulting companies as well as these highly skilled employees all get lumped into one category and its unfortunate that most people, including the hosts of this show seem to not know about this.
Yes, I’m aware of these categories and deliberately didn’t mention for two reasons 1) the numbers of these people are trivial compared to offshoring companies who have H1B production lines in operation 2) the current US political environment has little concern for this issue and willing to inflict collateral damage as needed.
Basically, its a political problem. The reality is that US companies are being forced to start investing in people instead ditching and switching.