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Financial

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Recent Financial stories

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Ixia Sees Weaker Q2

Ixia announced preliminary results for Q2 2011, saying it now expects total revenue to be in the range of $67.0 million to $69.0 million,…

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Nortel Patents Sold for US$4.5 Billion

A consortium consisting of Apple, EMC, Ericsson, Microsoft, Research In Motion and Sony prevailed as the winning bidder for all of Nortel’s remaining patents…

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Investment Firms Acquire Go Daddy

KKR, Silver Lake and Technology Crossover Ventures have acquired The Go Daddy Group, the world’s largest provider of Web hosting, domain names and new…

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Extreme Networks Appoints CMO

Extreme Networks has named David Ginsburg as its Chief Marketing Officer (CMO). Paul Hooper, Vice President of Corporate Marketing, has resigned and will be…

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ABRY Partners to Acquire Masergy

ABRY Partners, a private equity firm that has completed over $27 billion of leveraged transactions to date, will acquire Masergy Communications for an undisclosed…

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Charter Buys Missouri Systems from US Cable

Charter Communications will acquire cable television systems from US Cable of Coastal Texas for an undisclosed sum. These systems serve approximately 16,000 customers in…