Tyco Electronics to Acquire ADC for $1.25 Billion
Tyco Electronics agreed to acquire ADC for $12.75 per share in cash, or an enterprise value of approximately $1.25 billion. The deal will position…
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Tyco Electronics agreed to acquire ADC for $12.75 per share in cash, or an enterprise value of approximately $1.25 billion. The deal will position…
Extreme Networks updated its financial guidance for its 2010 fiscal fourth quarter and full year ended June 27, 2010. The company now expects to…
CENX, which operates Carrier Ethernet exchanges, announced the appointment of Sanford (Sandy) Brown as its Chief Executive Officer. Sandy comes to CENX from AT&T,…
Aviat Networks updated its revenue guidance for the fiscal fourth quarter ending July 2, 2010, saying it now expects revenue to be in the…
BT announced an agreement with the CWU labour union specifying a new pay package for team members. This package, which has been agreed by…
DragonWave reported revenue of US$48.7 million for its first quarter of fiscal 2011 (ended 31-May-2010), up 275% versus $13.0 million in Q1 FY2010 and…
AT&T proposed settlements of class action lawsuits relating to certain billing practices of AT&T Wireless Services, Inc., which was merged out of existence when…
Dell agreed to acquire Scalent, a private company that provides data center software, for an undisclosed sum. Scalent, which is based in Palo Alto,…
ADVA Optical Networking will issue 551,471 ordinary shares to Juniper Networks in exchange for an investment of US$3.0 million. The companies said they will…
In an S.E.C. filing, Motorola outlined its plans to separate its Mobile Devices and Home businesses from its Enterprise Mobility Solutions and Networks businesses.…
The government of Portugal acted to block the proposed sale of Portugal Telecom’s stake in Vivo, the Brazilian mobile operator, to Telefónica S.A. The…
Ericsson completed its acquisition of Nortel’s majority shareholding (50%+1 share) in LG-Nortel, the joint venture of LG Electronics and Nortel Networks, for $242 million…
Alcatel-Lucent successfully renewed its combined certificate of registration for the International Quality Standards of ISO 9001 and TL9000 for another three years. The certification…
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