Avanex Approves 15-to-1 Reverse Stock Split
Avanex’s Board of Directors approved a reverse split of its common stock at a ratio of 15-for-1, with a planned effective date of August…
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Avanex’s Board of Directors approved a reverse split of its common stock at a ratio of 15-for-1, with a planned effective date of August…
Texas Instruments (TI) reported Q2 revenue of $3.35 billion, net income of $588 million and earnings per share of $0.44. In total, TI’s revenue…
Foundry Networks reported Q2 revenues of $160.7 million, compared to $143.2 million in the second quarter of 2007, and compared to $150.1 million in…
Nokia reported Q2 net sales of EUR 13.2 billion, up 4% year on year and up 4 % sequentially (up 11% and 7% at…
PMC-Sierra reported Q2 revenue of $139.8 million, an increase of 33.6% compared with the second quarter of 2007 and 11.8% higher than the $125.0…
Convergys agreed to acquire Intervoice, Inc. (NASDAQ: INTV) Intervoice for $335 million in cash or $8.25 per share, representing a premium of 24 percent…
Ariston Global, a portfolio company of the private equity firm Spire Capital Partners, agreed to acquire ACE*COMM for $19,500,000, less deductions for the repurchase…
Time Warner Cable announced a deal to sell a group of small cable systems to Windjammer Communications, a venture between MAST Capital Management, LLC…
Oki Electric Industry introduced the latest version of its video conferencing system. The Visual Nexus offers enhanced functions for large-scale operation and includes a…
Corvil, a start-up based in Dublin, Ireland, secured $12 million in a new round of funding for its work in latency management systems aimed…
Juniper Networks has appointed Luis Avila-Marco to the position of senior vice president of corporate development, with responsibility for corporate strategic planning, as well…
ARRIS provided an update to its financial guidance, saying it now anticipates that revenues for the second quarter to be below previous guidance. GAAP…
Juniper Networks appointed John Morris to the position of executive vice president of worldwide field operations, with responsibility for heading Juniper’s global sales, services…
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