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Ericsson has acquired Bizitek, a leading Turkish systems integrator of business support systems. Financial terms were not disclosed. Ericsson said the deal adds strategic…
Brocade has selected two strategic North American distribution partners to help expand its existing data center distribution network to enterprise IP networking products via…
Nortel, which earlier this year entered into bankruptcy proceedings, is now seeking a buyer for its majority stake (50% + 1 share) in LG-Nortel,…
Empirix named Fred Sammartino as its new vice president of marketing and product management for the company’s Service Assurance business unit, where he will…
The Export-Import Bank of China (China Exim Bank) has granted a US$10 billion credit line to ZTE Corporation. Under the cooperation agreement, ZTE and…
Bivio Networks, which specializes in deep packet inspection (DPI)-enabled networking platforms, has acquired FlowInspect, a Milan-based developer of protocol ID and classification technologies. Founded…
AT&T appointed Charlene Lake as its first chief sustainability officer. In this capacity, Lake will lead AT&T’s efforts to achieve a wide range of…
Oracle has agreed to acquire Virtual Iron Software, a start-up specializing in server virtualization management software that enables dynamic resource and capacity management in…
Covad Communications named Aamir Hussain as its new Chief Technology Officer, effective immediately. Mr. Hussain comes to Covad from Telus, where he served as…
Tessera Technologies, which develops silicon technologies for wireless, consumer and computing products, named Robert Yung, Ph.D., as its new chief technology officer. Dr. Yung…
Ixia agreed to acquire Catapult Communications, a supplier of 3G and 4G network test solutions. Under the deal, Ixia will pay $9.25 per share…
Citing the global economic turbulence as well as impacts from its own bankruptcy filing in January, Nortel reported Q1 revenues of $1.73 billion, decreased…
David Thodey, Telstra’s Group Managing Director of Enterprise and Government, has been appointed Chief Executive Officer of Telstra, effective upon the departure of current…
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