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Nakina Systems, which specializes in carrier grade management and network integrity solutions, has closed a new financing round led by Vengrowth Asset Management and VIMAC Ventures LLC. Terms of the...

Microsemi Corporation announced a bid to acquire all of the outstanding shares of Zarlink Semiconductor for CAD $3.35 per share in cash. The deal has a total equity value of...

ZTE announced plans to open 10 international innovation centers in partnership with several global telecommunications giants. The new innovation centers will be established in Europe and South America. The company...

Citing "substantial harm to competition and consumers," U.S. Senator Herb Kohl, chairman of the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights, announced his opposition to the proposed acquisition...

Alcatel-Lucent is actively exploring strategic options for its Enterprise business. The company is holding meetings with employee representatives of its Enterprise business. No decision has been made on the options...

Thrutu, a division of Metaswitch Networks, released an iPhone version of its mobile communications app for in-call digital sharing. The Thrutu app lets users share interactive content and media during...

WYDOT, the Wyoming Department of Transportation, is using Actelis Networks' Intelligent Transportation Systems (ITS) networking solution to revamp the state capital's transportation network, which serves nearly 60,000 Cheyenne residents. Actelis'ML690...

Dell agreed to acquire Force10 Networks with an aim of expanding its data center solutions portfolio. Financial terms were not disclosed. Dell said its strategy over the past three years...

Cloud computing can lead to immense energy saving for U.S., according to a new study by the Carbon Disclosure Project (CDP), "Cloud Computing: The IT Solution for the 21st Century,"...

Santur has begun full-scale production of a new 100Gbps CFP Optical Module, promising "disruptive" pricing of cost per bit. Based on volume production pricing, the new 100Gbps CFP module will...

Extreme Networks introduced a new family of value-based Gigabit Ethernet access switches that deliver Layer 2 connectivity for enterprise networks. The new EAS family of Gigabit switches, available in 24-port...

China Unicom has selected Alcatel-Lucent to expand its 3G network in over ten provinces to meet the rapidly rising demand for mobile broadband coverage in China. Under the agreement Alcatel-Lucent...

Apple sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter, and 9.25 million iPads during the quarter, a 183 percent unit increase over...