Hardware
VeriSign sets up facility in Bangalore
BANGALORE: US-based VeriSign, a provider of intelligent infrastructure services for the internet and telecommunications networks has set up their Indian Development Center (IDC) at Bangalore.
An investment of $350,000 has already been while another US$650,000 is in the pipeline. And the total investments to an order of $6 billion were announced by VeriSign’s Aristotle Balogh, Sr. VP, Operations and Infrastructure.
The $6 million investments will be utilized towards infrastructure, human resources and R & D in wireline and wireless, e-commerce and other forms of on-line transaction processing (OLTP), security and Oracle 11i development and maintenance areas.
The IDC will undertake end-to-end product engineering, design, development, testing and software cycle management for products and services running over IP and telecommunications network.
The 20000 square feet utility would initially house 50 employees and this number is expected to go up to 125 by the end of 2005.
VeriSign Global Product Engineering VP Manoj Srivastava, who would be in charge of the Bangalore facility said, “The IDC will play a key role in building core mission critical solutions for telecommunications, Internet and Management Information Systems (MIS). We are recruiting highly qualified engineering and software professionals to work with cutting edge product and technologies and aim to significantly increase new product development capacity of VeriSign at the IDC”, while addressing media persons.
Balogh added, “The IDC will help VeriSign develop products and create more releases in shorter spans of time.”
Each day VeriSign enables more than 14 billion Internet transactions, 3 billion telephony signals, US$100 million in transactions, and delivery of over 10 million wireless text and content messages. The company also provides services that secure more than 3000 global enterprises and over 450,000 web sites. VeriSign reported revenues of US$1.2billion or 2004, US$400 million for Q1, 2005 and expect to gross US$1.7billion during 2005.
Hardware
Specs Inc. partners with Qualcomm for next-generation smart glasses
Snap subsidiary to power future Specs with Snapdragon XR platforms.
MUMBAI: Snap’s Specs are about to get a serious upgrade and this time, they’re teaming up with Qualcomm to make sure the future looks crystal clear. Specs Inc., a Snap subsidiary, has announced a multi-year strategic agreement with Qualcomm Technologies to power future generations of its advanced smart eyewear with Snapdragon system-on-a-chip (SoC) technology.
This marks the first flagship engagement for Specs Inc., which is preparing to launch its standalone, see-through smart glasses for consumers later this year. The Specs are designed to seamlessly blend digital experiences into the physical world, allowing users to see, hear, and interact with digital content as if it were part of their real surroundings.
By integrating Snapdragon XR platforms, the glasses will benefit from edge AI and high-performance, low-power computing. This combination enables intelligent, context-aware experiences to run directly on the device, delivering faster and more private interactions.
The partnership builds on more than five years of collaboration between Snap and Qualcomm, during which Snapdragon platforms have powered multiple generations of Snap’s Spectacles.
Snap Inc., co-founder and CEO Evan Spiegel said, “We believe the future of computing will be more human and grounded in the real world. Our work with Qualcomm provides a strong foundation for the future of Specs, bringing advanced technology and performance that pushes the boundaries of what’s possible.”
Qualcomm Incorporated president and CEO Cristiano Amon added, “The next era of computing will be defined by devices that understand what you see, hear and say, and respond instantly to the world around you. Our collaboration on Specs will enable power-efficient interactive AR devices that feel natural and intuitive.”
The agreement establishes a scalable foundation for developers and partners building experiences for Specs, supporting a predictable product roadmap and increasingly sophisticated digital interactions over time.
In a world racing toward augmented reality, Specs Inc. and Qualcomm are ensuring that the next pair of smart glasses doesn’t just look good on paper, they perform brilliantly in real life. The future of wearable computing just got a powerful new lens.
