OR-OPEN19-FOUNDATION
4.6.2019 12:02:07 CEST | Business Wire | Press release
The Open19 Foundation, an organization established to create a community for a new generation of open data centers and edge solutions, today announced its membership within the Kinetic Edge™ Alliance (KEA) as a technology partner. The future of computing is at the edge, and this partnership will accelerate deployment of Open19 infrastructure into edge locations.
“The Kinetic Edge Alliance is the de-facto alliance that is creating order and a blueprint to build the edge technology specifically for edge cloud applications,” said Yuval Bachar, Open19 Foundation President. “The Open19 Foundation will join the Kinetic Edge Alliance to add the hardware buildout building block to the alliance with the Open19 platform. The Open19 platform is designed for the edge and optimized for the solution as defined by the Kinetic Edge alliance. It will enable a standard but flexible solution for building the Edge platforms of the present and the future.”
Founded by Open19 Foundation member company Vapor IO , the Kinetic Edge Alliance is an industry working group dedicated to making edge computing easy and connecting stakeholders with end users and customers. Other members of the group include Packet, New Continuum Data Centers, and Seagate. Learn more about the Alliance here .
“The Open19 standard makes it fast and economical to deploy equipment in edge environments,” said Matt Trifiro, CMO of Vapor IO. “By offering a chassis design that slides in and out of a rack, installing or swapping out data center equipment becomes almost as easy as opening and closing a desk drawer. This makes it possible for technicians to deploy or repair edge equipment in minutes instead of hours or days.”
Twelve partner companies launched the Kinetic Edge Alliance in February 2019 for the purpose of driving broad adoption of compute, storage, access and interconnection at the edge of the cellular network, simplifying edge computing for the masses. The Alliance is actively rolling out equipment and services across the top 30 major metropolitan US markets, beginning with the first six markets in 2019. The Alliance seeks to deploy, in lockstep, all of the key hardware and software infrastructure components that will enable commercial-grade edge computing at scale. There are now nearly 40 partner companies in the Alliance.
About the Open19 Foundation
The Open19 Foundation was established in 2017 by founding members Flex, GE Digital, Hewlett Packard Enterprise, LinkedIn, Packet, and Vapor IO to create a community that will enable a common optimized data center and edge solutions. It has since grown to 26 members from all parts of the edge ecosystem – from component and system suppliers and integrators, to data center operators. For more information, visit the Foundation’s website at www.open19.org .
View source version on businesswire.com: https://www.businesswire.com/news/home/20190604005313/en/
Contact:
Open19 Foundation Rachael Watson, PR manager rwatson@nereus-worldwide.com (971) 706-1312
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SLB Announces First-Quarter 2026 Results24.4.2026 12:50:00 CEST | Press release
Revenue of $8.72 billion increased 3% year on year GAAP EPS of $0.50 decreased 14% year on year EPS, excluding charges and credits, of $0.52 decreased 28% year on year Net income attributable to SLB of $752 million decreased 6% year on year Adjusted EBITDA of $1.77 billion decreased 12% year on year Cash flow from operations was $487 million Board approved quarterly cash dividend of $0.295 per share SLB (NYSE: SLB) today announced results for the first-quarter 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422463846/en/ The exterior of the SLB headquarters in Houston, Texas. First-Quarter Results(Stated in millions, except per share amounts)Three Months EndedChange Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2025 Sequential Year-on-year Revenue $8,721 $9,745 $8,490 -11% 3% Income before taxes - GAAP basis $956 $943 $1,063 1% -10% Income before taxes margin - GAAP basis 11.0% 9.7% 12.5% 129 bps -156 bps Net income attributa
Gamma Waves Launches: Playing Tomorrow’s Game Today24.4.2026 11:15:00 CEST | Press release
Gamma Waves, a permanent capital investment company, with the ambition to build an innovative sport-focused platform, launches today. Based in Amsterdam, the company was founded by Andrea Agnelli, Rocco Benetton and Giorgio Chiellini, with the aim of creating new value across: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424892627/en/ Gamma Waves Partners launched today, here is the team, including founders, Andrea Agnelli, Rocco Benetton and Giorgio Chiellini, along with Chief Investment Officer, Kyang YungSport IPs (Intellectual Properties): assets in globally captivating sectors such as basketball, hockey, cricket, tennis, baseball, rugby, etc., offering unique reach and credibility; Sports Tech: high-quality sports technology products that often struggle to scale because, on their own, they lack sufficient incentives and distribution to break through alongside IPs. Gamma Waves aims to bridge this gap by building a m
Sovereign AI for the World: Cohere and Aleph Alpha to Form Global AI Powerhouse as Nations and Enterprises Demand Control Over Their Technology24.4.2026 11:15:00 CEST | Press release
The companies of Schwarz Group Commit $600M (€500M) in Structured Financing to Further Accelerate Germany-Canada Sovereign AI Venture Cohere and Aleph Alpha, two trusted sovereign AI providers for governments and regulated industries, today announce their plan to join forces. This transatlantic alliance would combine Cohere’s global AI scale with Aleph Alpha’s strong research excellence and deep institutional relationships, forging a globally competitive AI champion backed by their Canadian and German ecosystems. The initiative reflects a shared vision: To provide the world with an independent, enterprise-grade sovereign alternative in an era of growing AI concentration and to ensure that organizations do not need to relinquish control over their own AI stack. The planned combined entity1 will function as a transatlantic AI powerhouse, anchored in Germany and Canada, empowering organizations to choose, deploy and govern AI according to local laws, cultural contexts, and institutional r
Porsche Sells Bugatti Stake to BlueFive Capital24.4.2026 10:00:00 CEST | Press release
Porsche has agreed to sell its equity stake in Bugatti Rimac. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021 to serve as home to the iconic Bugatti brand. In this joint venture, Porsche holds a minority stake of 45%, Rimac Group owns 55%. Porsche also holds a 20.6% stake in Rimac Group. As part of the transaction announced today, Porsche will fully divest its equity stakes in Bugatti Rimac and Rimac Group to a HOF Capital-led consortium. This includes BlueFive Capital as its largest investor, as well as a group of institutional investors across the US and EU. Following completion, Rimac Group is set to take control of Bugatti Rimac and form a strategic partnership with BlueFive Capital and HOF Capital to support its continued growth. Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital: “Bugatti is a monument to automotive obsession, born from Ettore Bugatti’s pursuit of beauty and performance combined. BlueFive Capital approaches this opportun
NIQ and INTAGE HD Partner to Expand Retail Measurement Across Japan and Global Markets24.4.2026 04:00:00 CEST | Press release
NielsenIQ (NYSE: NIQ), a leading consumer intelligence company, and INTAGE HOLDINGS Inc. (hereafter "INTAGE HD"), a leading market research company in Japan, today announced a mutual sales partnership to expand access to retail measurement insights between Japan and global markets. Through the collaboration, NIQ and INTAGE HD bring together complementary strengths— INTAGE HD’s deep local retail store panel data and insights into the Japanese domestic market, and NIQ’s global and regional retail store panel data and insights into various international markets—to enable better comparison and understanding of market performance and trends across countries and regions. This collaboration enhances both companies’ ability to support clients with more consistent and comparable insights, helping clients unlock growth opportunities across markets. The collaboration enables global clients to access INTAGE HD’s nationwide retail store panel data in Japan (SRI+ and SRI+EC) to support market entry
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
