Cisco lays out why it might let Tandberg go free
Cisco Systems may be laying the groundwork for dropping its US$3 billion offer for videoconferencing vendor Tandberg despite the emphasis it has placed on video as the future of communications.
Cisco Systems may be laying the groundwork for dropping its US$3 billion offer for videoconferencing vendor Tandberg despite the emphasis it has placed on video as the future of communications.
U.S. President Barack Obama on Tuesday unveiled US$3.4 billion in grants to update the nation's electrical grid, but the benefits could reach to the broadband sector as well, one community broadband adviser said.
Cisco Tuesday announced its second multibillion dollar deal this month: a definitive agreement to acquire Starent Networks, a provider of IP-based mobile infrastructure for carriers, for about $2.9 billion.
Technology research company Eolas Technologies, which won a US$520.6 million patent infringement case against Microsoft in 2003, has filed a new patent lawsuit against 22 companies including Adobe Systems, Google, Yahoo, Apple, eBay and Amazon.com.
Wednesday's collapse of the on-again, off-again, US$23 billion deal between South Africa's MTN and India's Bharti Airtel -- which occurred after the complex proposal attracted much intervention from political leaders and unions -- had as much to do with matters of national pride and politics as anything else.
EMC on Monday increased its offer to acquire storage vendor Data Domain from US$1.8 billion to $2.1 billion in its latest effort to shove aside original bidder NetApp.
EMC on Monday moved to head off NetApp's proposed acquisition of data de-duplication vendor Data Domain, offering about US$1.8 billion compared with NetApp's May 20 bid of $1.5 billion.
The European Commission Wednesday found Intel guilty of antitrust violations in the market for PC microprocessors and fined it ?1.06 billion (US$1.44 billion).
Oracle plans to stay in the hardware business following its planned US$7.4 billion acquisition of Sun Microsystems, CEO Larry Ellison has said, adding more detail to earlier statements made by the company.
Cisco Systems' revenue for its third fiscal quarter fell 17 percent from a year earlier, while net income plunged 21 percent to US$1.3 billion, or $0.23 per share.
Microsoft has had few critics more vocal than Oracle CEO Larry Ellison and Sun Chairman Scott McNealy. With their companies set to merge in a blockbuster US$7.4 billion deal announced Monday, is it time for Microsoft to worry?
The Australian Government will establish a new public company to build the next-generation National Broadband Network (NBN) across Australia.
Research In Motion Limited (RIM) stock soared in after-market trading after the company posted solid financial results and said it sold its 50 millionth BlackBerry smartphone.
Sony Ericsson issued a profit warning on Friday, saying it will sell only about 14 million phones during the first quarter of 2009, down 8.3 million phones from the same period last year.
Graphics chip vendor Nvidia spent US$43.6 million during its last fiscal year to cover warranty and product replacement claims related to graphics chips that were manufactured and sold with a weak packaging material, the company said on Friday.
Foxconn, the world's largest contract electronics maker, is planning to spend a few billion U.S. dollars over the next three to five years to build a digital city with the latest technologies added to make it a healthy, clean place to live, the chairman of the company said Wednesday.
Losses at Sony Ericsson Mobile Communications widened in the fourth quarter, as the company sold 6.6 million fewer phones than during the same period in 2007.
Sun is laying off 15 percent to 18 percent of its employees as part of a restructuring plan aimed at saving $700 million to $800 million a year, and its top software executive is leaving the company, Sun said Friday.
Asian LCD makers fined by the U.S. Department of Justice (DOJ) expressed regret over the price-fixing schemes that led to US$585 million in fines.
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