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Stronger Grid Ahead: Power Line Rebuild to Boost Reliability in Northwest Ohio
AKRON, Ohio, April 23 -- American Transmission Systems, a subsidiary of FirstEnergy, issued the following news release:* * *
Stronger Grid Ahead: Power Line Rebuild to Boost Reliability in Northwest Ohio
Upgrades to reinforce service for Toledo Edison customers in Williams County
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TOLEDO, Ohio - American Transmission Systems, Inc. (ATSI), a FirstEnergy Transmission company, is rebuilding about 11 miles of a high-voltage power line in eastern Williams County. The West Unity (Stryker) 69-kV Line Rebuild Project includes replacing aging equipment with stronger structures and updated technology ... Show Full Article AKRON, Ohio, April 23 -- American Transmission Systems, a subsidiary of FirstEnergy, issued the following news release: * * * Stronger Grid Ahead: Power Line Rebuild to Boost Reliability in Northwest Ohio Upgrades to reinforce service for Toledo Edison customers in Williams County * TOLEDO, Ohio - American Transmission Systems, Inc. (ATSI), a FirstEnergy Transmission company, is rebuilding about 11 miles of a high-voltage power line in eastern Williams County. The West Unity (Stryker) 69-kV Line Rebuild Project includes replacing aging equipment with stronger structures and updated technologyto reduce outage risks for Toledo Edison customers in and around West Unity.
The work, which began in January, is designed to help the line better withstand severe weather, falling trees and other hazards that commonly cause power outages. The work will also improve the flow of electricity through the system, making it easier to reroute power and keep the lights on for customers during emergencies or maintenance.
Enhancing Day-to-Day Reliability
The project replaces wooden poles along the route with new wood poles and steel structures set in concrete foundations to provide greater durability and stability. Crews are also installing thicker, higher-capacity wire designed to carry more electricity and better ensure extreme conditions.
Mark Mroczynski, President of Transmission for FirstEnergy: "We're giving this high-voltage line a major boost with sturdier poles, upgraded wires and smart new technology designed to keep your lights on no matter what Mother Nature throws our way. These improvements make the system stronger and easier for our crews to work on. Over time, that means fewer outages, quicker repairs and a power grid that homes and businesses across northwest Ohio can rely on."
View or download a video series on "Why a Modern Transmission System Matters to You" on FirstEnergy's YouTube channel.
What This Work Means for You
Think of the upgrade as moving from a two-lane road to a four-lane highway: more room for "traffic," fewer bottlenecks and a smoother, more reliable experience for everyone.
The new wires and structures will help the electric system:
* Manage higher demand during extreme heat or cold
* Reduce overloads that can lead to outages
* Restore service faster when problems do arise
* Support residential and business growth in Williams County
Since 2020, ATSI has reduced transmission outages in Ohio by 31% - proof that the companies' strategic infrastructure investments, like this work in northwest Ohio, are making the grid more reliable for customers.
Part of a Bigger Investment in Reliability
This approximately $24 million project is part of Energize365, FirstEnergy's long-term investment program to modernize and strengthen the electric grid. FirstEnergy plans to invest $36 billion between 2026 and 2030 to build a smarter, more resilient grid that meets the evolving of communities across the service area. In northwest Ohio alone, more than $200 million will be invested in high-voltage grid enhancements over the next few years.
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About FirstEnergy Transmission, Toledo Edison and FirstEnergy Corp.
FirstEnergy Transmission, jointly owned by FirstEnergy Corp. (NYSE: FE) and Brookfield Super-Core Infrastructure Partners, owns and operates American Transmission Systems Inc. (ATSI), Mid-Atlantic Interstate Transmission LLC (MAIT) and Trans-Allegheny Interstate Line Company (TrAILCo).
Toledo Edison serves more than 300,000 customers across northwest Ohio. Follow Toledo Edison on X at @ToledoEdison and on Facebook at facebook.com/ToledoEdison.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at firstenergycorp.com and on X @FirstEnergyCorp.
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Original text here: https://www.firstenergycorp.com/content/fecorp/newsroom/news_articles/power-line-rebuild-to-boost-reliability-nw-oh.html
[Category: BizEnergy]
Southern Sun Rises With Self-Driving SD-WAN, Wired and Wireless Networks From HPE
SPRING, Texas, April 23 -- Hewlett Packard Enterprise, an information technology company, issued the following news release on April 22, 2026:* * *
Southern Sun rises with self-driving SD-WAN, wired and wireless networks from HPE
Leading South African hospitality group relies on secure, AI-native operations to elevate guest services nationwide with end-to-end automation
In this article
* Southern Sun boosts guest experiences and cuts network issues by 90% with HPE's self-driving, AI-native network
* End-to-end automation and SD-WAN transformation deliver more reliable apps, lower costs, ... Show Full Article SPRING, Texas, April 23 -- Hewlett Packard Enterprise, an information technology company, issued the following news release on April 22, 2026: * * * Southern Sun rises with self-driving SD-WAN, wired and wireless networks from HPE Leading South African hospitality group relies on secure, AI-native operations to elevate guest services nationwide with end-to-end automation In this article * Southern Sun boosts guest experiences and cuts network issues by 90% with HPE's self-driving, AI-native network * End-to-end automation and SD-WAN transformation deliver more reliable apps, lower costs,and a future-ready foundation for smart, sustainable hotels
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Johannesburg, South Africa - HPE (NYSE: HPE) today announced that Southern Sun, one of South Africa's leading hospitality groups is elevating guest experiences and operational efficiencies by modernizing its network infrastructure with the HPE self-driving network. Built on an AI-native, cloud-native network architecture with integral security, the intelligent network delivers exceptional wireless experiences to guest and staff, and a reliable infrastructure for enhanced digital experiences across its properties.
Southern Sun implemented the HPE self-driving network to advance its service-led strategy and drive value to a lean IT team. The new architecture delivers resilient connectivity for Wi-Fi, IPTV, IP telephony and cloud applications, reducing connectivity issues by 90 percent and doubling application reliability. The AI-native infrastructure now powers service-driven guest experiences, such as buffer-free streaming, the ability to support mobile check-in, and personalized in-room digital services and is ready to support IoT-enabled smart rooms to drive energy efficiency and sustainability. The new self-driving network also enables Southern Sun to dynamically scale bandwidth capacity and segment traffic for events and users who need more capacity to keep everything running smoothly.
"Our aim is to be guest-led and operationally agile. We want resources focused on service excellence and creating memorable experiences," says Ryan Smith, Group IT Infrastructure Manager, Southern Sun. To support this, the functions behind the business, including IT, need to be consistent, simple to manage, and quick to scale. HPE provides this through a single, AI-native, cloud-native network architecture. "This adoption of self-driving networks allows us to focus on the services we can deliver, rather than the complexity of network operations."
Southern Sun deployed HPE Aruba Networking Access Points to deliver high-performance indoor connectivity and extend reliable coverage to outdoor guest areas. HPE Aruba Networking Central, provides a single view across all properties and insights that help the IT team optimize network performance, identify and resolve issues before they impact the business, cutting troubleshooting times from days to hours, enabling real-time network visibility and control. By deploying HPE Aruba Networking User Experience Insight (UXI), the IT team gains continuous end-to-end visibility into connectivity and application performance, proactively detecting and resolving issues before they impact guest experiences.
The group will also implement HPE Aruba Networking EdgeConnect SD-WAN to replace legacy MPLS with cost-effective broadband, improving resilience, load balancing and reducing connectivity costs by up to 20 percent. HPE Aruba Networking CX switches provide wired access within properties, with cloud-native operations for easy install, standardized configurations, and simplified troubleshooting. Southern Sun is looking to enhance its security with HPE Aruba Networking ClearPass Policy Manager, enabling dynamic segmentation and stronger access control. Future plans for SASE and Zero Trust will further support secure, scalable digital services.
"We're proud to support Southern Sun as it strengthens its digital foundation and enhances the guest experience across its properties," said Mandy Duncan, country manager, South Africa & Africa, Networking, HPE. "By leveraging HPE's secure, AI-native networking platform, Southern Sun can operate more efficiently while creating a future-ready infrastructure that supports innovation, personalized services, and sustainable growth in hospitality."
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Additional Resources
Guest focus drives Southern Sun's new dawn - Southern Sun (https://www.hpe.com/psnow/doc/a50015087enw)
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About HPE
HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.
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Original text here: https://www.hpe.com/us/en/newsroom/press-release/2026/04/southern-sun-rises-with-self-driving-sd-wan-wired-and-wireless-networks-from-hpe.html
[Category: BizComputer Technology]
Siemens Collaborates With TSMC to Advance AI for Semiconductor Design
WASHINGTON, April 23 -- Siemens USA, a technology company that say it focuses on industry, infrastructure, transport and healthcare, issued the following news release on April 22, 2026:* * *
Siemens collaborates with TSMC to advance AI for semiconductor design
* Siemens collaborates with TSMC to advance AI-powered automation across the semiconductor design workflow, including AI automated Design Rule Check (DRC) fixing flows and Fuse EDA AI system integration
* Siemens' EDA toolset achieves multiple certifications to support TSMC's advanced N3A, N3C, N2P, TSMC A16(TM), and A14 process technologies
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Siemens ... Show Full Article WASHINGTON, April 23 -- Siemens USA, a technology company that say it focuses on industry, infrastructure, transport and healthcare, issued the following news release on April 22, 2026: * * * Siemens collaborates with TSMC to advance AI for semiconductor design * Siemens collaborates with TSMC to advance AI-powered automation across the semiconductor design workflow, including AI automated Design Rule Check (DRC) fixing flows and Fuse EDA AI system integration * Siemens' EDA toolset achieves multiple certifications to support TSMC's advanced N3A, N3C, N2P, TSMC A16(TM), and A14 process technologies * Siemenstoday announced the continuation of collaboration with TSMC to drive innovation in AI-powered automation and advanced semiconductor design enablement. Building on the prior partnership achievements, Siemens is expanding support across the EDA workflow - from automated fixing of design rule violation to certified solutions for leading-edge process technologies.
"Our continued collaboration with TSMC exemplifies Siemens' commitment to delivering AI-driven automation and advanced semiconductor design capabilities that accelerate our customers' ability to innovate at the most advanced process nodes," said Ankur Gupta, executive vice president, EDA IC Software, Siemens Digital Industries Software. "By combining our AI innovations with TSMC's leading-edge process technologies, we're helping customers reach new levels of speed, accuracy and design confidence."
"TSMC greatly values our longstanding partnership with Siemens, a key member of our Open Innovation Platform(R) (OIP) ecosystem, as we work together to enable next generation semiconductor designs," said Aveek Sarkar, director of the ecosystem and alliance management division at TSMC. "Through joint advancements in AI-powered EDA tools and certified design enablement, we continue to help customers achieve exceptional results on our latest technologies while driving energy-efficient chip innovation, paving the way for advancements in the semiconductor industry during this transformative era of AI."
AI-powered chip design solution
Siemens is collaborating with TSMC to advance AI-powered automation across EDA workflows using the recently launched Fuse(TM) EDA AI System, a comprehensive domain-scoped agentic AI system for semiconductor. Through this collaboration, TSMC is working with Siemens to enhance productivity in custom integrated circuit (IC) design to enable multi-step, multi-tool automations for DRC-centric physical verification with Siemens' Calibre(R) software, and to help designers quickly access design information, receive guided recommendations and have real-time command execution to accelerate digital design cycles with Siemens' Aprisa(TM) software.
3D IC design solution and TSMC 3DFabric
For TSMC 3DFabric(R) technologies, Calibre 3DStack supports the interface check flow for alignment and connectivity verification, the inter-chiplet DRC flow for performing 3D-aware DRC validation on the interposers, the inter-chiplet antenna flow for performing antenna analysis on 3D systems and the 3DPERC flow for performing point-to-point (P2P) resistance extraction and current density analysis on 3D systems. These flows are supported in the 3Dblox syntax.
Calibre 3DThermal supports evaluation of thermal impacts on die level designs in the context of 3D IC stacking and has achieved TSMC certification for both static and transient thermal analysis. This means designers can analyze thermal impacts on complex 3D IC products along with complex power deliveries using Calibre 3DThermal to make informed design decisions.
Advanced node technology enablement
Siemens and TSMC are also collaborating on the next generation process node enablement. Siemens' Calibre nmPlatform software has achieved certification for TSMC's 3nm, 2nm, A16 and A14 process technologies. The Solido Simulation Suite software is also now certified for SPICE accuracy in TSMC's N3A, N2P, A16 and A14 process technologies, enabling customers to create and reliably verify analog, mixed-signal, RF, standard cell, and memory designs using advanced TSMC nodes. This collaboration expands into TSMC's custom design reference flow (CDRF) on its A14 process, as Siemens' Solido Simulation Suite supports reliability aware simulation technology, which addresses IC aging, real-time self-heating, and Safe Operation Area (SOA) checks. Further, TSMC's custom design reference flow (CDRF) for its A14 process incorporates Solido Design Environment for advanced variation-aware verification, enhancing design sensitivity and automated cell optimization.
Siemens' mPower analog is certified for transistor-level EM/IR sign-off for TSMC's N2P process, underscoring its readiness to support customers' next-generation designs on TSMC's advanced nodes. Siemens' Aprisa software for digital implementation has achieved TSMC N2P Integrated Tool Certification which demonstrates readiness to support advanced node design implementation flow.
Additionally, Siemens tools have been enabled to support customers in the design, implementation, and verification of TSMC Compact Universal Photonic Engine (TSMC-COUPE(TM)) technology. The companies' joint activity on silicon photonics includes flow development using Siemens' Innovator3D IC(TM) software, Calibre 3DStack software, L-Edit software, Solido Simulation Suite software and Calibre Interactive software for design, implementation, and verification of TSMC-COUPE(TM) technology.
Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens' software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today's ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software - Accelerating transformation.
Note: A list of relevant Siemens trademarks can be found here. Other trademarks belong to their respective owners.
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Original text here: https://news.siemens.com/en-us/siemens-eda-tsmc-technology-symposium-2026/
[Category: BizIndustrial Materials]
NetApp Partners With Google Cloud to Adopt AI-Driven Operations
SUNNYVALE, California, April 23 -- NetApp, a provider of software, systems and services to manage and store data, issued the following news release on April 22, 2026:* * *
NetApp Partners with Google Cloud to Adopt AI-Driven Operations
Google Gemini Enterprise drives productivity for NetApp sales and product development
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NetApp(R) (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a strategic evolution in its partnership with Google Cloud, which has enabled enterprises to drive AI innovation with their own data stored in the NetApp data platform. After seeing the ... Show Full Article SUNNYVALE, California, April 23 -- NetApp, a provider of software, systems and services to manage and store data, issued the following news release on April 22, 2026: * * * NetApp Partners with Google Cloud to Adopt AI-Driven Operations Google Gemini Enterprise drives productivity for NetApp sales and product development * NetApp(R) (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a strategic evolution in its partnership with Google Cloud, which has enabled enterprises to drive AI innovation with their own data stored in the NetApp data platform. After seeing theproductivity and innovation benefits customers experienced using Gemini Enterprise integrated with their data in Google Cloud NetApp Volumes, NetApp has adopted Gemini Enterprise to help increase productivity in its internal product development and sales operations.
With the adoption of Google Cloud AI technologies, NetApp is expanding its leadership in enterprise-grade AI innovation, not just enabling AI workloads but acting as an AI practitioner. NetApp customers will benefit from the AI-powered gains in productivity and innovation.
"AI is an imperative for enterprise success, and NetApp is committed to leading by example," said Cesar Cernuda, President at NetApp. "Adopting Gemini Enterprise to help accelerate internal sales and development workflows builds on our leadership in enabling enterprise AI innovation. Customers can rely on our expertise and experience as they adopt or build AI to achieve their own goals."
NetApp has worked with Google Cloud on NetApp Volumes, a fully managed, unified cloud-based data storage service from Google Cloud that offers advanced data management capabilities and highly scalable performance. Ongoing innovation like the NetApp Volumes data connector with Gemini Enterprise are enabling customers to build agentic AI capabilities into their applications and power them with enterprise proprietary data on NetApp Volumes directly and securely, saving them on storage costs and administrative complexities. Through this collaboration, NetApp saw firsthand the productivity and innovation benefits this combination delivers.
Based on that experience, NetApp has now adopted Gemini Enterprise internally, becoming a customer of the same AI capabilities it is helping bring to market with Google Cloud.
"Our ongoing collaboration with Google Cloud is accelerating how enterprises put AI to work with trusted, enterprise grade data," said Pravjit Tiwana, Senior Vice President and General Manager of Cloud Storage and Services at NetApp. "With Google Cloud NetApp Volumes, customers can bring their data on the NetApp data platform to Gemini Enterprise while maintaining the security and control ONTAP is known for. As we saw the impact on data-driven decision-making and productivity at scale that this powerful combination delivered for customers, adopting Gemini Enterprise across our own teams was a natural next step."
Gemini Enterprise helps NetApp product teams accelerate development cycles through AI-driven insights and enables NetApp's sales teams to leverage AI to deliver hyper-relevant solutions to customers more quickly. These teams are building intelligent agents that match customers to the right solutions faster and streamline onboarding--reducing sales ramp time by an estimated month.
In addition to Gemini Enterprise, NetApp has been using Google Security Operations for enhanced cybersecurity and threat management. By deploying the platform's advanced AI-driven automation, NetApp can significantly enhance proactive threat prevention and free analysts from repetitive tasks. This will help to accelerate the identification and containment of breaches and minimize the likelihood and impact of a major data breach.
"Gemini Enterprise is unlocking tangible business outcomes and fundamentally reshaping how enterprises operate," said Kevin Ichhpurani, President, Global Partner Ecosystem, Google Cloud. "NetApp is a prime example of a partner acting as an AI practitioner. By adopting Gemini Enterprise internally, they are proving how agentic AI can fundamentally reshape product development and sales operations, while simultaneously helping our joint customers do the same with their own proprietary data."
This adoption cements NetApp's position as a leader in AI, grounded in enterprise-grade data and responsible innovation. With a comprehensive portfolio with capabilities built to modernize, secure, transform, and innovate with confidence, NetApp helps customers build Intelligent Data Infrastructure. The expanded collaboration with Google Cloud helps extend NetApp's commitment to advancing AI technology and shaping the future of enterprise AI.
To explore how NetApp's experience implementing, building and enabling AI translates into capabilities that help businesses extract the most value from their data, visit: www.netapp.com/artificial-intelligence/
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About NetApp
For more than three decades, NetApp has helped the world's leading organizations navigate change - from the rise of enterprise storage to the intelligent era defined by data and AI. Today, NetApp is the Intelligent Data Infrastructure company, helping customers turn data into a catalyst for innovation, resilience, and growth.
At the heart of that infrastructure is the NetApp data platform - the unified, enterprise-grade, intelligent foundation that connects, protects, and activates data across every cloud, workload, and environment. Built on the proven power of NetApp ONTAP, our leading data management software and OS, and enhanced by automation through the AI Data Engine and AFX, it delivers observability, resilience, and intelligence at scale.
Disaggregated by design, the NetApp data platform separates storage, services, and control so enterprises can modernize faster, scale efficiently, and innovate without lock-in. As the only enterprise storage platform natively embedded in the world's largest clouds, it gives organizations the freedom to run any workload anywhere with consistent performance, governance, and protection.
With NetApp, data is always ready - ready to defend against threats, ready to power AI, and ready to drive the next breakthrough. That's why the world's most forward-thinking enterprises trust NetApp to turn intelligence into advantage.
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Original text here: https://www.netapp.com/newsroom/press-releases/news-rel-20260422-594164/
[Category: BizComputer Technology]
Gartner Forecasts Worldwide IT Spending to Grow 13.5% in 2026, Totaling $6.31 Trillion
STAMFORD, Connecticut, April 23 (TNSrep) -- Gartner, an information technology research and advisory company, issued the following news release:* * *
Gartner Forecasts Worldwide IT Spending to Grow 13.5% in 2026, Totaling $6.31 Trillion
Strong Growth Driven by Sustained Momentum Across AI Infrastructure and Software
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Worldwide IT spending is expected to reach $6.31 trillion in 2026, up 13.5% from 2025, according to the latest forecast by Gartner, Inc., a business and technology insights company.
"This latest forecast underscores the accelerating momentum in AI infrastructure and advanced ... Show Full Article STAMFORD, Connecticut, April 23 (TNSrep) -- Gartner, an information technology research and advisory company, issued the following news release: * * * Gartner Forecasts Worldwide IT Spending to Grow 13.5% in 2026, Totaling $6.31 Trillion Strong Growth Driven by Sustained Momentum Across AI Infrastructure and Software * Worldwide IT spending is expected to reach $6.31 trillion in 2026, up 13.5% from 2025, according to the latest forecast by Gartner, Inc., a business and technology insights company. "This latest forecast underscores the accelerating momentum in AI infrastructure and advancedmemory," said John-David Lovelock, Distinguished VP Analyst at Gartner. "As AI workloads scale, data center investment is ramping rapidly, which in turn is driving increased demand for high performance compute. This dynamic is creating meaningful growth opportunities for companies delivering AI optimized processors, accelerators, and enabling technologies."
Data center systems spending is set to see the largest growth in 2026 at 55.8%. IT services, including application implementation and managed services, infrastructure implementation and managed services and IaaS, is forecast to see the largest overall spending, surpassing $1.87 billion in 2026 (see Table 1).
Table 1. Worldwide IT Spending Forecast (Millions of U.S. Dollars)
"Robust demand combined with supply constraints has resulted in record price increases for high-bandwidth memory. This surge positions the memory segment as a lucrative area for semiconductor manufacturers," said Lovelock. "These trends collectively make AI infrastructure the most attractive segment for capitalizing on the robust expansion in IT spending."
Upward Revised Projections Driven by AI Infrastructure, Software and Device Hardware
Compared to Gartner's previous forecast, Gartner is predicting a stronger than anticipated growth in global IT spending, driven by sustained momentum across AI infrastructure, software, and IaaS. These shifts are reinforcing a multi speed IT market, with hyperscaler purchases and AI centric software segments significantly outperforming more traditional categories.
Hyperscale cloud demand is fueling a sharp increase in server and data center investment, with spending on data center systems projected to surpass $788 billion in 2026 with growth accelerating well beyond prior expectations. At the same time, GenAI continues to drive outsized gains in software, particularly in GenAI model development, where spending growth is forecast to more than double year-over-year.
Device spending is also rising, reaching an estimated $856 billion, though growth is being moderated by higher memory costs that are lifting average selling prices and constraining replacement cycles in lower margin segments.
"Together, these dynamics highlight a widening divergence across IT markets, as AI infrastructure and GenAI software see substantial upward revisions while device growth reflects ongoing cost and pricing pressures," said Lovelock.
Gartner's IT spending forecast methodology relies heavily on rigorous analysis of the sales by over a thousand vendors across the entire range of IT products and services. Gartner uses primary research techniques, complemented by secondary research sources, to build a comprehensive database of market size data on which to base its forecast.
The Gartner quarterly IT spending forecast delivers a unique perspective on IT spending across the hardware, software, IT services and telecommunications segments. These reports help Gartner clients understand market opportunities and challenges. The most recent IT spending forecast research is available to Gartner clients in Gartner Market Databook, 1Q26.
More information on the forecast can be found in the complimentary Gartner webinar IT Spending in 2026: Pruning the AI Garden (https://www.gartner.com/en/webinar/836236/1845274-it-spending-in-2026-pruning-the-ai-garden).
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Gartner is the World Authority on AI
Gartner is the indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 4,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.
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Gartner IT Symposium/Xpo
Additional leadership trends will be presented during Gartner IT Symposium/Xpo, the world's most important conference for CIOs and other IT executives. Gartner analysts and attendees will explore how to become agents of change in their organizations and harness AI for successful digital transformation. Follow news and updates from the conferences on X and LinkedIn using #GartnerSYM, and on the Gartner Newsroom.
Upcoming dates and locations for Gartner IT Symposium/Xpo include:
September 14-16, 2026 | Gold Coast, Australia
October 19-22, 2026 | Orlando, FL
November 4-6, 2026 | Yokohama, Japan
November 9-12, 2026 | Barcelona, Spain
November 16-18, 2026 | Kochi, India
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About Gartner for High Tech Leaders and Providers
Gartner for High Tech Leaders and Providers equips tech leaders and their teams with role-based best practices, industry insights and strategic views into emerging trends and market changes to achieve their mission-critical priorities and build the successful organizations of tomorrow. Additional information is available at www.gartner.com/en/industries/high-tech.
Follow news and updates from Gartner for High Tech on X and LinkedIn using #GartnerHT. Visit the Gartner Newsroom for more information and insights.
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Original text here: https://www.gartner.com/en/newsroom/press-releases/2026-04-22-gartner-forecasts-worldwide-it-spending-to-grow-13-point-5-percent-in-2026-totaling-6-point-31-trillion-dollars
[Category: BizConsulting]
GCI to Acquire Quintillion, Strengthening Alaska's Fiber Infrastructure
ANCHORAGE, Alaska, April 23 -- GCI, a telecommunications company, issued the following news release on April 22, 2026:* * *
GCI to Acquire Quintillion, Strengthening Alaska's Fiber Infrastructure
Integrated networks will improve reliability, resiliency, and performance
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GCI Holdings, LLC ("GCI"), a wholly owned subsidiary of GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK) and Grain Management, LLC announced today that they have entered into a definitive agreement under which GCI will acquire 100% of the equity in Q Gateway Intermediate Holdings, LLC ("Quintillion"), a fiber infrastructure provider ... Show Full Article ANCHORAGE, Alaska, April 23 -- GCI, a telecommunications company, issued the following news release on April 22, 2026: * * * GCI to Acquire Quintillion, Strengthening Alaska's Fiber Infrastructure Integrated networks will improve reliability, resiliency, and performance * GCI Holdings, LLC ("GCI"), a wholly owned subsidiary of GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK) and Grain Management, LLC announced today that they have entered into a definitive agreement under which GCI will acquire 100% of the equity in Q Gateway Intermediate Holdings, LLC ("Quintillion"), a fiber infrastructure providerin Alaska. The transaction will combine Quintillion's 1,800+ miles of existing subsea and terrestrial fiber and ~1,500 miles of planned fiber expansion with GCI's statewide network and operations, advancing GCI's mission to deliver reliable connectivity for Alaskans.
"This combination is more than the sum of its parts," said Billy Wailand, Senior Vice President of Corporate Development at GCI. "By bringing together complementary fiber routes, deep operational expertise, and long term investment under one operating model, we're building a network that is stronger, more resilient, and better suited to Alaska's realities than either company could deliver on its own."
"Quintillion set out to build resilient, Arctic-ready fiber infrastructure in some of the most challenging operating environments in the world, and I'm incredibly proud of the network and business our team has built," said Mac McHale, President of Quintillion. "GCI brings Alaska expertise, long-term commitment, and the operational scale needed to carry this network forward. We're confident these assets will be in good hands."
Improving Reliability Through Ringed Networks
Network reliability is especially important in Alaska, where telecommunications are central to daily life, healthcare, education, and public safety, yet operators contend with some of the harshest conditions in North America. The integration of GCI's and Quintillion's complementary networks will materially improve reliability for customers by increasing routing diversity and reducing the risk and duration of outages. The combined network footprint will support a self-healing, ringed network architecture that allows traffic to automatically reroute when disruptions occur, providing more dependable connectivity for the residents of some of the most remote communities in the nation.
Unified Network Operations with Alaska-Based Expertise
Following the close of the transaction, GCI will operate the combined network using its best-in-class monitoring, maintenance, and restoration capabilities. GCI's Alaska-based operations teams bring decades of experience managing fiber, microwave, and satellite networks in some of the most remote and unforgiving environments in North America.
Centralizing network management under one operator will improve day-to-day performance and provide clear accountability during outages and restoration efforts. The combined network will benefit from unified network planning, preventative maintenance, coordinated repair readiness, and long-term capital investment decisions optimized across the full footprint.
Expanding Access Through Strategic Grants and Private Investment GCI and Quintillion share a common approach to expanding broadband access across Alaska: pairing significant private investment with federal and state grant programs to extend high-capacity infrastructure into regions that would otherwise be difficult or uneconomic to serve.
Following the transaction closing, GCI will complete Quintillion's existing grant projects in progress, leveraging its deep experience delivering large-scale projects and continuing its history of responsible stewardship of public funding. It will operate the combined infrastructure as part of a unified network, ensuring continuity for participating communities.
Supporting National Defense, Public Safety, and Strategic Communications
Reliable communications infrastructure in Alaska is critically important to U.S. national security and Arctic operations. Alaska's strategic geographic position, harsh environment, and expanding mission requirements make resilient, quickly recoverable networks essential for defense, emergency response, aviation, maritime activity, and governmental operations.
By strengthening redundancy, improving restoration capabilities, and enhancing operational coordination, the combined GCI-Quintillion network will improve communications reliability in regions that support mission-critical and national defense-related activities across the Arctic.
Key Transaction Terms
* GCI will acquire 100% of Quintillion at a $310 million Enterprise Value, subject to customary working-capital and other adjustments.
* GCI will reimburse up to $50 million of qualifying capital expenditures related to the Nome-to-Homer Express project.
* Additional consideration may be payable in 2028, 2029, and 2031 through a post-closing earnout dependent on achievement of certain financial metrics.
* Shortly after signing, GCI, LLC will provide a $160 million unsecured loan to Quintillion.
Closing is anticipated following receipt of regulatory approval and satisfaction of customary closing conditions. Existing customer relationships, contractual obligations, and service arrangements are expected to continue without change following the close of the transaction.
Bank Street Group LLC is acting as exclusive financial advisor and Morgan Lewis is serving as legal advisor to Quintillion. TD Securities is acting as financial advisor and Baker Botts and O'Melveny & Myers are serving as legal advisors to GCI Liberty.
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About GCI
Headquartered in Alaska, GCI provides data, mobile, voice and managed services to consumer, business, government, and carrier customers throughout Alaska, serving more than 200 communities. The company has invested $4.7 billion in its Alaska network and facilities over the past 47 years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska. Learn more about GCI at www.gci.com. GCI is a wholly owned subsidiary of GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK).
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About GCI Liberty, Inc.
GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK) consists of its wholly owned subsidiary GCI. GCI is Alaska's largest communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska, serving more than 200 communities. GCI has invested $4.7 billion in its Alaska network and facilities over the past 47 years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska.
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About Quintillion
Quintillion is a leading communications infrastructure provider in Alaska, providing subsea and terrestrial fiber connectivity primarily on a wholesale basis. Upon completion of planned expansion, the company's total network will span over 3,316 route miles, comprised of 2,341 miles of subsea and 824 miles of terrestrial fiber. The existing network has 80.4% remaining capacity to address digital equity needs across Alaska. Quintillion operates a complementary subsea and terrestrial fiber network designed to deliver high-capacity, resilient connectivity across the state. Quintillion's network supports carriers, healthcare providers, educational institutions, public safety organizations, and other mission-critical customers through long-term, contracted relationships.
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Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to the proposed acquisition of Quintillion and its completion and statements relating to expectations regarding the GCI and Quintillion businesses and prospects. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as "possible" or "expects" or other words or phrases of similar import or future or conditional verbs such as "will," "may," "would," "could," or similar variations. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, the timing to consummate the proposed transaction, the ultimate outcome and results of integrating Quintillion's operations, the ultimate outcome of GCI Liberty's operating efficiencies after the consummation of the transaction, and the ability of GCI Liberty to realize the expected synergies and other benefits. These forward-looking statements speak only as of the date of this communication, and GCI Liberty and GCI expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in their expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of GCI Liberty, including its most recent Form 10-K, as such risk factors may be amended, supplemented or superseded from time to time by other reports GCI Liberty subsequently files with the SEC, for additional information about GCI Liberty and about the risks and uncertainties related to GCI Liberty's business which may affect the statements made in this communication.
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Original text here: https://news.gci.com/news-releases/gci-to-acquire-quintillion-strengthening-alaskas-fiber-infrastructure
[Category: BizTelecommunications]
Citi Announces Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
NEW YORK, April 23 -- Citi, a banking partner for institutions with cross-border needs and wealth management and a personal bank, issued the following news release on April 22, 2026:* * *
Citi Announces Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
Citigroup Global Markets Inc. ("CGMI"), an indirect wholly-owned subsidiary of Citigroup Inc. ("Citigroup"), today announced the commencement of offers to purchase for cash the three series of Citigroup notes set forth in the table below (collectively, the "Notes" and each a "series" of Notes), using a "waterfall" methodology ... Show Full Article NEW YORK, April 23 -- Citi, a banking partner for institutions with cross-border needs and wealth management and a personal bank, issued the following news release on April 22, 2026: * * * Citi Announces Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes Citigroup Global Markets Inc. ("CGMI"), an indirect wholly-owned subsidiary of Citigroup Inc. ("Citigroup"), today announced the commencement of offers to purchase for cash the three series of Citigroup notes set forth in the table below (collectively, the "Notes" and each a "series" of Notes), using a "waterfall" methodologyunder which CGMI will accept Notes in the order of their respective Acceptance Priority Levels specified in the table below, subject to a $1,250,000,000 cap on the aggregate Total Consideration (as defined below) and Tender Offer Consideration (as defined below) that CGMI will be obligated to pay (the "Waterfall Cap"). Each offer to purchase a series of Notes is referred to as an "Offer" and all such offers are referred to collectively as the "Offers." The Notes had an aggregate principal amount outstanding of approximately $4,750,000,000 as of April 21, 2026.
Acceptance Priority Level ... Title of Security ... CUSIP / ISIN ... Exchange
Listing ... Aggregate Principal Amount Outstanding ... Maturity Date ... First Par Call Date ... Calculation Date/1 ... Reference U.S. Treasury Security ... Bloomberg Reference Page ... Early Tender Premium ... Fixed Spread (basis points)
1 ... 4.650% Notes due 2048 ... 172967MD0 / US172967MD09 ... None ... $2,500,000,000 ... 7/23/2048 ... 6/23/2048 ... Maturity Date ... 4.625% UST due Feb 15, 2046 ... FIT1 ... $50 ... +65
2 ... 4.281% Fixed Rate/Floating Rate Callable Senior Notes due 2048 ... 172967LJ8 / US172967LJ87 ... Luxembourg Stock Exchange ... $1,000,000,000 ... 4/24/2048 ... 4/24/2047 ... First Par Call Date ... 4.625% UST due Feb 15, 2046 ... FIT1 ... $50 ... +65
3 ... 2.904% Fixed Rate/Floating Rate Notes due 2042 ... 172967NF4 / US172967NF48 ... None ... $1,250,000,000 ... 11/3/2042 ... 11/3/2041 ... First Par Call Date ... 4.625% UST due Feb 15, 2046 ... FIT1 ... $50 ... +45
1/ The "Calculation Date" for a series of Notes is the date on which such Notes is assumed to be paid down for purposes of calculating the Total Consideration (as defined herein) in connection with such Notes.
The Offers are being made pursuant to the offer to purchase, dated April 22, 2026 (the "Offer to Purchase," as may be amended or supplemented from time to time), which sets forth in more detail the terms and conditions of the Offers.
The Offers will expire at 5:00 p.m., New York City time, on May 20, 2026, unless extended or earlier terminated (such date and time, as the same may be extended with respect to the Offers, the "Expiration Date").
Subject to the terms and conditions set forth in the Offer to Purchase, holders of Notes that are validly tendered on or prior to 5:00 p.m., New York City time, on May 5, 2026, unless extended (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Early Tender Date") and accepted for purchase shall be entitled to receive the total consideration per $1,000 principal amount of Notes calculated in the manner set forth in the Offer to Purchase (the "Total Consideration"), which includes an early tender premium of $50 per $1,000 principal amount of Notes (the "Early Tender Premium"). The Total Consideration will be equal to the price, determined in accordance with standard market practice, as described in the Offer to Purchase, that equates to a yield to the applicable Calculation Date equal to the applicable fixed spread specified for each such series of Notes over the applicable yield, which shall be based on the bid-side price of the applicable Reference U.S. Treasury Security specified in the table above at 10:00 a.m., New York City time, on May 6, 2026 (subject to certain exceptions set forth in the Offer to Purchase, such time and date, as the same may be extended with respect to such Offer, the "Price Determination Date").
Subject to the terms and conditions set forth in the Offer to Purchase, holders of a series of Notes that are validly tendered after the Early Tender Date but on or before the Expiration Date and accepted for purchase will receive only the applicable tender offer consideration per $1,000 principal amount of Notes accepted for purchase, which is equal to the Total Consideration applicable to that series of Notes minus the Early Tender Premium (the "Tender Offer Consideration").
Notes tendered may be withdrawn at any time prior to 5:00 p.m., New York City time, on May 5, 2026, unless extended (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Withdrawal Date"), but not thereafter.
Subject to the satisfaction or waiver of the conditions of the Offers, the "Acceptance Priority Procedures" will operate as follows:
* first, if the aggregate Total Consideration of all Notes validly tendered by holders at or prior to the applicable Early Tender Date does not exceed the Waterfall Cap, then CGMI will accept all such Notes. However, if the aggregate Total Consideration of all Notes validly tendered at or prior to the applicable Early Tender Date by holders exceeds the Waterfall Cap (subject to any increase in such Waterfall Cap at CGMI's discretion), then CGMI will (i) accept for purchase all validly tendered Notes of each series starting at the highest Acceptance Priority Level (level 1) and moving sequentially to Notes of each series having a lower Acceptance Priority Level (the lowest of which is level 3) until the aggregate Total Consideration of all validly tendered Notes of a series, combined with the aggregate Total Consideration of all accepted Notes of series with higher Acceptance Priority Levels, is as close as possible to, but does not exceed the Waterfall Cap, (ii) accept on a prorated basis validly tendered Notes of the series with the next lower Acceptance Priority Level and (iii) not accept for purchase (x) any such Notes of a series with an Acceptance Priority Level below the prorated series or (y) any Notes validly tendered after the applicable Early Tender Date; and
* second, if the Waterfall Cap is not exceeded at the applicable Early Tender Date, CGMI will repeat the steps described in the prior bullet using the Tender Offer Consideration with respect to Notes validly tendered after the applicable Early Tender Date, but at or prior to the applicable Expiration Date, in order to determine the aggregate principal amount of such Notes that CGMI will accept for purchase. All Notes, regardless of Acceptance Priority Level, that are validly tendered at or prior to the applicable Early Tender Date will have priority over any Notes validly tendered after the applicable Early Tender Date.
CGMI reserves the right, but is under no obligation, at any point following the Early Tender Date and before the Expiration Date, to accept for purchase any Notes of a series tendered and not subsequently withdrawn at or prior to the Early Tender Date. Any such notes so accepted will be settled on a date (the "Early Settlement Date") that will be determined at CGMI's option and is currently expected to occur on May 11, 2026, subject to all conditions to the Offers having been either satisfied or waived by CGMI. If the Offers are fully subscribed up to the Waterfall Cap as of the Early Tender Date, then any Notes that are validly tendered after the Early Tender Date will not be accepted for purchase.
Irrespective of whether CGMI elects to have an Early Settlement Date, CGMI will purchase any remaining Notes that have been validly tendered on or prior to the Expiration Date and that CGMI chooses to accept for purchase, subject to all conditions to the Offers having been either satisfied or waived by CGMI, promptly following the Expiration Date (the "Settlement Date"). Payment for purchased Notes will include accrued and unpaid interest from, and including, the last interest payment date for the Notes up to, but not including the Early Settlement Date or Settlement Date, as applicable.
Subject to applicable law, CGMI may increase the Waterfall Cap at any time prior to the Settlement Date.
The obligation of CGMI to accept for purchase, and to pay for Notes validly tendered pursuant to the Offers is subject to, and conditional upon, the satisfaction or, where applicable, waiver of a number of conditions described in the Offer to Purchase. CGMI reserves the right, in its sole discretion, to waive any one or more of the conditions at any time.
Global Bondholder Services Corporation has been retained to serve as the depositary and information agent with respect to the Notes.
For additional information regarding the terms of the Offers, please contact CGMI at either (800) 558-3745 (toll free) or (212) 723-6106 (collect). Requests for copies of the Offer to Purchase and questions regarding the tender of Notes may be directed to Global Bondholder Services Corporation at (855) 654-2014 (toll free) or (212) 430-3774 (collect).
None of CGMI, CGMI's board of directors, Citigroup, Citigroup's board of directors, the depositary or the information agent makes any recommendation as to whether any holder of the Notes should tender or refrain from tendering all or any portion of the principal amount of the Notes.
This press release is neither an offer to purchase nor a solicitation to buy any of the Notes, and is not a solicitation for acceptance of any of the Offers. CGMI is making the Offers only by, and pursuant to the terms of, the Offer to Purchase. The Offers are not being made to (nor will tenders of Notes be accepted from or on behalf of) holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. This announcement must be read in conjunction with the Offer to Purchase.
United Kingdom. The communication of the Offer to Purchase and any such related documents and/or materials related to the Offers are directed only at (i) persons who are outside the United Kingdom (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) are high net worth entities, and other persons to whom such documents and materials may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which the Offer to Purchase relates will only be available to, and engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on the Offer to Purchase or any of its contents.
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About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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Certain statements in this release, including without limitation the anticipated consummation and successful completion of the Offers (including the satisfaction of the conditions described in the Offer to Purchase), the possible amendment, extension or abandonment of one or more of the Offers, and Citigroup's successful execution of its liability management strategy, are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainties and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors, including without limitation (i) the level of participation in the Offers and (ii) the precautionary statements included in this release and those contained in Citigroup's filings with the U.S. Securities and Exchange Commission, including without limitation the factors and uncertainties summarized under "Forward Looking Statements" in Citigroup's Annual Report on Form 10-K for the year ended December 31, 2025 (the "2025 10-K") and the factors listed and described under "Risk Factors" in Citigroup's 2025 10-K. Any forward-looking statements made by or on behalf of Citigroup speak only as to the date they are made, and Citigroup does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
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Original text here: https://www.citigroup.com/global/news/press-release/2026/citi-announces-offers-to-purchase-three-series-of-outstanding-citigroup-inc-notes