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Brazilian police and tax authorities raided Cisco Systems’ offices in Brasilia and arrested several company executives, including the president of Cisco do Brasil, Pedro…
Citing weak mobile network upgrade sales, Ericsson trimmed its financial guidance for Q3, saying the it now expects sales of SEK 43.5 billion, an…
Nortel announced a settlement on all issues with the U.S. Securities and Exchange Commission (SEC) in connection with the SEC’s investigation of certain prior…
Danaher Corporation, which makes professional instrumentation products, agreed to acquire Tektronix for $38.00 per share. The aggregate purchase price is approximately $2.8 billion, including…
Starent Networks (Nasdaq:STAR), which supplies infrastructure solutions to mobile operators, has filed with the Securities and Exchange Commission a registration statement for the offering…
PAETEC Holding Corp. agreed to acquire Allworx, a privately held company, in a $25 million all-cash acquisition. Allworx develops, designs, markets, and sells a…
Oracle proposed to acquire BEA Systems for $17.00 per share in cash, representing a 25% premium over the previous day’s closing price of $13.62…
Limelight Networks, which provides content delivery network (CDN) services, boosted its financial guidance, saying it now expects 2007 third-quarter GAAP revenue to be in…
Allot Communications, which supplies IP service optimization solutions based on deep packet inspection (DPI) technology, trims its financial guidance. The company now expects to…
Nokia Siemens Networks has appointed Eric Simonsen as its permanent Chief Financial Officer. Since June, Simonsen has been on assignment as interim CFO from…
The Munich District Court has imposed a fine of €201 million on Siemens AG, marking the end of the investigation of Siemens’ former Communications…
Tellabs trimmed its financial guidance, saying its Q3 revenue is now expected to range from $452 million to $460 million, primarily due to lower-than-expected…
Verizon named Michael H. Millegan as president of the company’s national line of business that serves wholesale customers. He succeeds David Small, who was…
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