OPNET

Jefferies Agrees Sale of OpNet Operations to Wind Tre, Substantially Completing Jefferies’ Strategic Simplification Plan

Retrieved on: 
Monday, February 5, 2024
Banking, Asset Management, Professional Services, Finance, Strategic alliance, Jefferies Financial Group, JEF, Richard B. Handler, Capital market, Investment, TXV, HomeFed Bank, Investment banking, Gold, Sale, SMBC, OMF, OPNET, Asset management, Bank

In addition to the consideration of the CKHGT notes, OpNet will retain majority ownership in other operating telecom companies, resulting in approximately €320 million in final value to Jefferies from this transaction, which exceeds our current carrying value.

Key Points: 
  • In addition to the consideration of the CKHGT notes, OpNet will retain majority ownership in other operating telecom companies, resulting in approximately €320 million in final value to Jefferies from this transaction, which exceeds our current carrying value.
  • This sale is subject to regulatory approvals and is anticipated to close in the second or third quarter of 2024.
  • The only individual investment of size today is HomeFed, our real estate development company that specializes in mixed-use, master-planned communities.
  • We expect to operate the core business of HomeFed, which has solid long-term prospects, and to liquidate certain peripheral assets in an orderly manner.

OpNet Reduces 5G Network Congestion and Improves Customer Experiences Using Sandvine ActiveLogic

Retrieved on: 
Tuesday, August 1, 2023
Digital divide, SLA, Vertical, FWA, Classification, Internet, OPNET, UBB, SOHO, Private network, Sandvine, Tiscali, Radio, Consumer, Automation, Sales, Retail, Quality of experience

WATERLOO, ON, Aug. 1, 2023 /PRNewswire/ -- OpNet, Italy's first 5G standalone network operator, is partnering with Sandvine to maximize its network performance and improve customer satisfaction as a first step toward offering B2B internet services with strict service level agreements (SLAs).

Key Points: 
  • WATERLOO, ON, Aug. 1, 2023 /PRNewswire/ -- OpNet , Italy's first 5G standalone network operator, is partnering with Sandvine to maximize its network performance and improve customer satisfaction as a first step toward offering B2B internet services with strict service level agreements (SLAs).
  • OpNet offers a complete and integrated range of advanced connectivity services: 5G Private Network, Point-to-Point and UBB solutions, wireless and also wired, with service profiles for Consumer, SOHO, Business, Enterprise and Verticals markets.
  • "The increasingly dynamic nature of both our network and the applications meant we could no longer rely on manual finetuning to optimize the network," said Buccella.
  • To address the need for traffic analysis and network optimization, OpNet enlisted Sandvine and its ActiveLogic solution to provide traffic classification and QoE analyses .

OpNet Reduces 5G Network Congestion and Improves Customer Experiences Using Sandvine ActiveLogic

Retrieved on: 
Tuesday, August 1, 2023
Digital divide, SLA, Vertical, FWA, Classification, Internet, OPNET, UBB, SOHO, Private network, Sandvine, Tiscali, Radio, Consumer, Automation, Sales, Retail, Quality of experience

WATERLOO, ON, Aug. 1, 2023 /PRNewswire/ -- OpNet, Italy's first 5G standalone network operator, is partnering with Sandvine to maximize its network performance and improve customer satisfaction as a first step toward offering B2B internet services with strict service level agreements (SLAs).

Key Points: 
  • WATERLOO, ON, Aug. 1, 2023 /PRNewswire/ -- OpNet , Italy's first 5G standalone network operator, is partnering with Sandvine to maximize its network performance and improve customer satisfaction as a first step toward offering B2B internet services with strict service level agreements (SLAs).
  • OpNet offers a complete and integrated range of advanced connectivity services: 5G Private Network, Point-to-Point and UBB solutions, wireless and also wired, with service profiles for Consumer, SOHO, Business, Enterprise and Verticals markets.
  • "The increasingly dynamic nature of both our network and the applications meant we could no longer rely on manual finetuning to optimize the network," said Buccella.
  • To address the need for traffic analysis and network optimization, OpNet enlisted Sandvine and its ActiveLogic solution to provide traffic classification and QoE analyses .

Jefferies Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, June 27, 2023
Asset Management, Professional Services, Finance, Uncertainty, Jefferies Financial Group, Asset management, Communication, Beneficial ownership, Capital market, OPNET, Share repurchase, Annual general meeting, Acquisition, Corporation, Special, Madison Avenue, Security (finance), Stock, Clothing, Financial services, Cryptocurrency

We had 231.4 million shares outstanding and 251.9 million shares outstanding on a fully diluted basis2 at May 31, 2023.

Key Points: 
  • We had 231.4 million shares outstanding and 251.9 million shares outstanding on a fully diluted basis2 at May 31, 2023.
  • Our book value per share was $41.90 and tangible book value per fully diluted share3 was $31.51at May 31, 2023.
  • Additionally, we sold our interests in Idaho Timber in the third quarter of 2022 and spun-off our interests in Vitesse Energy in the first quarter of 2023, and the results of those operations are no longer included in our results.
  • Asset Management net revenues were $56 million and reflects the spin-off of our interests in Vitesse Energy in January 2023.

Netmaker Launches with $2.3M in Funding to Fix Cloud Networking with WireGuard

Retrieved on: 
Saturday, October 22, 2022
Adoption, Traction, Abiquo Enterprise Edition, Mom, IOT, IBM, Growth, Attention, Organization, Sky, Software, Cloud computing, Y Combinator, CEO, Ecosystem, GitHub, WireGuard, Blue Ridge Mountains, CTO, OPNET, VPN, Cryptocurrency, Video game console

ASHEVILLE, N.C., Oct. 21, 2022 /PRNewswire/ -- Today, Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures, Uncorrelated Ventures, and SaxeCap among others, following their graduation from Y-Combinator. Netmaker offers a platform built on WireGuard which transforms the way companies integrate their networks to make them safe, dynamic and up to 15 times faster than alternatives.

Key Points: 
  • The Asheville-based startup is backed by Y-Combinator, and is bringing high-tech to Appalachia and beyond
    ASHEVILLE, N.C., Oct. 21, 2022 /PRNewswire/ -- Today, Netmaker , a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks."
  • Netmaker offers a platform built on WireGuard which transforms the way companies integrate their networks to make them safe, dynamic and up to 15 times faster than alternatives.
  • In addition to the funding, Netmaker is announcing the 1.0 release of their community product, and an Enterprise Edition , which offers HA networking, metrics and access controls for users.
  • We saw this gap between what we're capable of doing with cloud computing, and what networking allowed us to do.

NS1 Names Former Splunk Leader as Chief Revenue Officer

Retrieved on: 
Tuesday, April 19, 2022
Riverbed Technology, Deloitte Technology Fast 500, CEO, GTM, Splunk, EBay, CA Technologies, GLOBE, Engineering, Blog, LinkedIn, Internet, Technology, Solution, CRO, OPNET, GGV Capital, Investment, Intelligence, Deloitte, Uber, Dropbox, NS1, Video game, Belk, Autodesk

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- NS1 , the leader in smart network control solutions, today announced the appointment of Andy Hershey as chief revenue officer (CRO).

Key Points: 
  • NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- NS1 , the leader in smart network control solutions, today announced the appointment of Andy Hershey as chief revenue officer (CRO).
  • Andys strong business acumen and experience in enterprise software will be invaluable as NS1 enters its next growth phase.
  • Hershey joins NS1 during a period of solid company momentum, having just celebrated eight consecutive years of annual recurring revenue growth.
  • NS1 delivers smart network control to optimize every digital interaction and enable customers to confidently exceed digital demand expectations.