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Optelian, which develops optical transport networks, has appointed Stephen Loudermilk as Director of Marketing. Prior to joining Optelian, Mr. Loudermilk oversaw social media, marketing,…
Verizon Communications declared a quarterly dividend of 48.75 cents per outstanding share, unchanged from the previous quarter. The company made $5.4 billion in dividend…
Infinera has appointed Michael Capuano as Vice President of Corporate Marketing. He most recently served at Cisco as Director of Marketing, Service Provider Routing…
Tekelec has appointed Ron de Lange as president and chief executive officer (CEO), replacing Krish Prabhu, Tekelec’s interim CEO and a Board member, who…
Mavenir Systems has acquired privately-held Airwide Solutions, a supplier of mobile messaging solutions for an undisclosed sum. “With this acquisition, Mavenir Systems will strengthen…
Marvell Technology Group reported revenue the first quarter its fiscal 2012 of $802 million, a 6 percent decrease from $856 million in the first…
Pillar Commercial has acquired the former Nortel campus in Richardson’s Telecom Corridor from the company’s creditors for an undisclosed sum. The 800,000 square foot…
Brocade recorded quarterly revenues of $550 million, representing an increase of 9.8% year-over-year and resulting in diluted earnings per share (EPS) of $0.06 on…
Acme Packet plans to expand its Bedford, Massachusetts global headquarters in order to meet a hiring goal of more than 180 new employees in…
Ericsson has appointed Arun Bhikshesvaran as Head of marketing and Chief Marketing Officer (CMO). He previously served as Vice President Strategy and Marketing in…
VimpleCom’s current CEO, Alexander V. Izosimov, has decided to step down as of June 30, 2011 and will be replaced by the company’s current…
Aricent unveiled a new corporate logo and changed its name to Aricent Group. The Aricent Group name will serve as the new corporate brand…
VMware will to acquire Shavlik Technologies, a provider of cloud-based IT management solutions for small and medium businesses (SMBs), for an undisclosed sum. Shavlik…
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