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Seagate Technology agreed to acquire privately-held EVault, which provides online backup services, as part of its effort to extend the company’s storage solutions and…
Motorola agreed to acquire Tut Systems for $1.15 per share in cash, giving the transaction a value of approximately $39 million on a fully-diluted…
Verizon Wireless President Denny Strigl has been named President and Chief Operating Officer of Verizon Communications, reporting to Verizon Chairman and CEO Ivan Seidenberg.…
For its fiscal fourth quarter ending October 31, Ciena reported revenue of $160.0 million, representing a 4.9% sequential increase from fiscal third quarter revenue…
On Tuesday, Thomas Ganswindt, a former executive and board member with Siemens, was arrested by German authorities in connection an expanding bribery scandal potentially…
Cisco has made a strategic investment of US$50 million in China Communications Services Corporation Limited (CCS). Under the deal, Cisco and CCS will jointly…
QUALCOMM appointed Dr. Sanjay K. Jha as its chief operating officer. As COO, Jha will now oversee Corporate Research and Development and QUALCOMM Flarion…
Texas Instruments revised its expected ranges for revenue and earnings per share (EPS) for Q4, saying it now expects total revenue of between $3.35…
Verizon Vice Chairman and President Lawrence T. Babbio Jr. will retire from the company at the end of Q1 2007. A 41-year veteran of…
ITU TELECOM WORLD 2006 in Hong Kong closed its doors on Friday and reported a total of 43,846 registered trade visitors from 141 countries.…
All current and former Ericsson employees were acquitted of all charges related to last year’s indictments for evasion of tax control, filed by the…
BitTorrent has acquired µTorrent, a lightweight and efficient implementation of the BitTorrent protocol. µTorrent was developed by Ludvig Strigeus. Financial terms were not disclosed.…
John W. Snow, former U.S. Secretary of the Treasury, has been elected to the Verizon Board of Directors. Snow was nominated by President George…
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