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Redknee to Acquire Nimbus for EUR 11 Million

Redknee Solutions, which supplies converged billing, real-time charging, rating and personalization systmes for Service Providers, will acquire privately-held Spanish-based Nimbus Systems for EUR 11.25…

Alcatel-Lucent Sees Improving Market Conditions

Citing improved overall market conditions and growing traction for its products, Alcatel-Lucent reported quarterly revenues of Euro 3.813 billion, up 17.4% sequentially, and down…

Boeing Completes Acquisition of Narus

Boeing completed its previously announced acquisition of Narus, a leading provider of real-time network traffic and analytics software used to protect against cyber attacks…

Motorola Reports Improving Financials

Motorola reported Q2 2010 sales of $5.4 billion and GAAP earnings of $162 million, or $0.07 per share, which compares to GAAP earnings of…

BT Revenue Declines as Profit Increases

BT Group reported quarterly revenue of £5,006 million, down 4%, and adjusted EBITDA of £1,399 million, up 6%, as total group operating costs, before…

ARRIS Posts Q2 Revenue of $280 Million

ARRIS reported Q2 2010 of $280.4 million, up approximately $1.9 million as compared to second quarter 2009 revenues of $278.5 million, and up $13.7…

NetLogic Posts Q2 Revenue of $95 Million

NetLogic Microsystems reported Q2 revenue of $95.0 million, a 10.2 percent sequential increase from $86.3 million for the first quarter of 2010 and a…

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Comcast Report Q2 Revenue of $9.5 Billion

Comcast’s revenue increased 6.1% in Q2 2010 to $9.5 billion, while Operating Cash Flow increased 5.7% to $3.7 billion and Operating Income increased 10.9%…

Juniper to Acquire SMobile for Mobile Security

Juniper Networks agreed to acquire SMobile Systems, a privately-held developer of smart phone and tablet security solutions, for $70 million in cash. SMobile’s product…