Consulting and outsourcing group Accenture (Dublin, Ireland) has bought some internet protocol television (IPTV) assets from Nokia Siemens Networks (Helsinki, Finland) to bolster its online video capabilities, it said on Monday.
Terms of the transaction were not disclosed.
Accenture said the newly acquired IPTV software, assets and capabilities would be part of its video solutions business that helps companies launch video services at a low cost.
Europe’s biggest telecoms operators have lent support to EU plans to invest in broadband infrastructure and urged political leaders to do the same.
Neelie Kroes, the EU’s digital commissioner, has asked countries to back a plan to provide around €50 billion in funding from the EU Connecting Europe Facility for energy, transport and communications projects, where there is a need for substantial upfront spending.
Business software maker Citrix Systems (Fort Lauderdale, USA) and security software company Palo Alto Networks (Palo Alto, USA) have entered a strategic partnership to offer joint application delivery and security products.
The goal is to take advantage of increasing customer demand for efficient and reliable delivery of business applications that need to be secured against cyber attacks, Nir Zuk, co-founder and Chief Technology Officer of Palo Alto Networks said.
Chinese manufacturers have cornered much of the technology sector, but when it comes to M2M modules they are being outpaced by their Western rivals, according to a new study from ABI Research.
Sierra Wireless (Richmond, Canada) and Cinterion (Munich, Germany) claim the top spots in a new ranking of M2M vendors published by ABI Research, while Huawei (Shenzhen, China) and ZTE (Shenzhen, China) come sixth and seventh.
The methodology assesses companies on the basis of unit shipments and revenues.
Bank of America Corp (Charlotte, USA) is testing a technology that allows a customer to pay at a store register by simply scanning an image with a smartphone, such as Apple Inc's iPhone or Google Inc's Android devices.
The pilot program is being tested in Charlotte, North Carolina, where the second-largest U.S. bank is headquartered, and marks the latest effort by a financial institution to come out on top in the race to determine how people will pay for things in the future.
Canadian banks and telecom providers are scrambling to introduce smartphone digital "wallets," but the dream of completely abandoning the traditional billfold in favor of a smartphone is likely several years away, according to speakers at an e-commerce conference in Toronto on Tuesday.
Digital wallets will allow consumers to make cash and credit card transactions using their smartphones by swiping the phone past a sensor and then entering a PIN number to complete the payment.
The Kentucky Public Service Commission (PSC) is looking into the introduction of a smart grid to boost energy efficiency and provide better services to consumers in the State.
The PSC has initiated a proceeding that it says will examine “all aspects” of smart grid technologies, including their implementation costs, any technical issues and the societal impacts they might have.
Dutch digital-security specialist Gemalto (Amsterdam, the Netherlands) has bought Ericsson’s Internet Payment Exchange (IPX) business for an undisclosed sum as it targets the fast-growing mobile-payments market.
The acquisition does not include the US operations of the Ericsson (Stockholm, Sweden) business.
IPX connects more than 1,000 customers globally to over 120 mobile network operators. The company also operates payment platforms as white-label services for a number of operators.
Best known as a provider of IT services and consulting, Mahindra Satyam (Hyderabad, India) has launched a new vehicle infotainment and telematics service it is calling the “Connected Vehicle Concept”.
The company says that while other players are bringing standalone products to market it aims to position itself as an end-to-end service provider.
Telerad Tech (Bangalore, India), a healthcare IT specialist, has announced that its Cisco-based telemedicine services are now available in parts of eastern India.
The organization is using Cisco’s HealthPresence telemedicine platform to provide medical services to a number of villages, and it says more than 100 patients have already benefited from the technology.
Using the Cisco (San Jose, USA) system, Telerad doctors have been offering telemedicine consultations in the villages of Chattisgarh and Odisha, while another site in Rajasthan is scheduled to go live this month.