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LSI Logic to Acquire SiliconStor

LSI Logic agreed to acquire SiliconStor, a privately held company that provides silicon solutions for enterprise storage networks, for approximately $55 million in cash.…

Motorola's Ron Garriques Steps Down

Motorola announced that Ron Garriques, Executive Vice President and President of the company’s Mobile Devices business, has resigned effective immediately. Ray Roman, senior vice…

Opnext Announces Initial Public Offering

Opnext announced the pricing of its initial public offering of 16,909,375 shares of its common stock at $15.00 per share (before underwriting discounts and…

Qwest Adds 165,000 DSL Users in Q4

Qwest reported revenue of $3.5 billion for the fourth quarter and $13.9 billion for the year. Reported earnings were $593 million, or $0.30 per…

BT Adds 697,000 DSL Connections in Q4

BT added 697,000 DSL connections in Q4 2006, giving it a total of 10 million wholesale broadband connections (DSL and LLU) at December 31,…