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Corning's Telecom Sales Up 30% YOY

Corning reported overall Q1 20011 sales of $1.9 billion, increasing 9% sequentially and 24% year over year. Earnings per share were $0.47, a 2%…

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Telco Systems Acquires ANDA's Portfolio

Telco Systems has acquired the major assets and intellectual property of ANDA Networks. Financial terms of the all-cash deal were not disclosed. ANDA is…

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Infineon Sees Strong Quarter

Infineon Technologies AG pre-announced better-than-expected financial results for its second quarter of the 2011 fiscal year. Infineon now expects revenues of Euro 994 million,…

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Calix Hires Cisco Exec

Calix has appointed Andy Lockhart as senior vice president, international sales and marketing. Lockhart joins Calix after over twenty years at Cisco, where he…