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Nortel's CFO to Step Down

Peter Currie will step down as Executive Vice-President and Chief Financial Officer of Nortel, effective 30-Apr-2007. The company has not yet named a replacement.…

ECI Reports Q4 Revenues, CFO Steps Aside

ECI Telecom reported Q4 2006 revenues of $154 million, compared with $169 million recorded in the fourth quarter of 2005 and $170 million recorded…

JDSU Posts Strongest Results in 5 Years

JDSU reported quarterly revenue of $366.3 million and GAAP net income was $23.2 million, or $0.10 per diluted share. This compares to net revenue…

Brocade Completes McDATA Acquisition

Brocade completed its acquisition of McDATA Corporation, a transaction valued at approximately $973 million. Brocade also embarked on a new branding campaign, including an…