Nortel Receives Approvals from U.S. Bankruptcy Court
The United States Bankruptcy Court for the District of Delaware granted approval to Nortel Networks for a number of motions requesting certain relief. Those…
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The United States Bankruptcy Court for the District of Delaware granted approval to Nortel Networks for a number of motions requesting certain relief. Those…
Tony Clement, Canada’s Minister of Industry, made the following statement in regards to Nortel Networks’ filing: “The Government of Canada appreciates the importance of…
Motorola will further reduce its workforce in 2009 by approximately 4,000 positions, including approximately 3,000 positions associated with its Mobile Devices business and approximately…
Airvana, said that it has been informed by Nortel that normal operations will continue under their existing partnership. Specifically, Nortel will continue to purchase…
Flextronics said it has been proactively engaged in executing a risk mitigation plan with respect to its relationship with Nortel for a period of…
The shareholders of NDS have approved a scheme under which all of its issued and outstanding NDS A ordinary shares would be cancelled, and…
Crossbeam Systems, a privately-held company that supplies next-generation security platforms for high-performance networks, said it achieved record annual revenue growth of 56% in 2008.…
Sonus Networks and Legatum Capital Limited, Sonus’ largest stockholder which currently owns approximately 65 million shares, or 25 percent of Sonus common stock, announced…
Alcatel-Lucent has submitted applications for the delisting of its ordinary shares from Euronext Amsterdam, Euronext Brussels and Six Swiss Exchange. The company cited small…
MLB Network, which is the new 24-hour cable network devoted to Major League Baseball and other baseball programming , has selected the Motorola modular…
Cisco launched a new channel initiative in the United States and Canada to provide resellers with resources, tools and training for selling the Linksys…
Ixia trimmed guidance for its fourth fiscal quarter ended December 31, 2008. Total revenues are expected to be in the range of $40.5 to…
NetScout, which offers network and service assurance solutions, said GAAP revenue for its third fiscal quarter ended December 31 will be in the range…
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