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Ericsson's Sales Decline, More Job Cuts Seen

Ericsson’s sales in Q4 2009 declined 16% year-over-year for comparable units, i.e. excluding the recently acquired Nortel CDMA and LTE business in North America,…

ST-Ericsson Posts Loss in Q4 2009

ST-Ericsson reported Q4 2009 net sales of $740 million and a net loss of $125 million. The company said its $230 million savings restructuring…

Procera Confirms Two New Major Carrier Wins

Procera Networks confirmed that two major carriers selected its high-end PacketLogic PL10000 80 Gbps platform. These initial orders, placed in the fourth quarter of…

Baidu's CTO Resigns

Baidu, China’s largest search engine, announced the resignation of Mr. Yinan Li, its Chief Technology Officer (CTO), for personal reasons. http://www.baidu.com

AudioCodes Appoints Chief Operating Officer

AudioCodes announced the appointment of Lior Aldema as Chief Operating Officer, reporting to Mr. Shabtai Adlersberg, President and CEO. Lior Aldema has been with…