Nortel Networks Corporation announced Monday that it and certain of its subsidiaries have entered into a stalking horse (the starting point against which others will bid prior to the auction) asset sale agreement with Google Inc. for the sale of all of Nortel's remaining patents and patent applications for a cash purchase price of US $900 million.
Cisco Systems Inc. chief John Chambers, in a remarkably candid memo to employees, admitted the one-time technology bellwether and Wall Street darling has lost its way and will need to change to restore its credibility.
Chambers, one of Silicon Valley's most respected corporate chieftains, confessed in an internal email that the networking giant had been slow to make decisions, fallen down on execution and lacked discipline in an aggressive expansion.
China Mobile, China's largest mobile operator, has selected Spirent Communications to evaluate the performance of high density Fibre Channel Director Switches from major vendors in its evaluation lab. China Mobile will use Sprient's testing solution to ensure scalability, performance and reliability of storage area networks (SAN) for data centers in the selection of Fibre Channel switches.
A data transfer problem of the near future can soon become a thing of the past, according to Athena Wireless Communication, Inc. The company's new A060 Mini Radio, "the world's first all-digital, multi-gigabit capacity, 60 GHz millimeter-wave radio which transfers data at fiber-like rates" could be "the perfect, cost-effective solution" to telecommunication operators' needs for backhaul capacity, Athena Wireless said in a press release Tuesday.
Chinese telecom-gear maker Huawei Technologies Co. is a finalist for a contract to build out the fourth-generation (4G) wireless network for U.S. Cellular Corp., the country's sixth largest wireless carrier, the Wall Street Journal reported yesterday, citing "people familiar with the matter." Other finalists are L.M. Ericsson and Alcatel-Lucent SA.
Metaswitch Networks, supplier of network infrastructure and applications to network operators, today announced the acquisition of Colibria, provider of enhanced instant messaging, presence and network address book solutions. The acquisition will allow the companies to better provide Session Initiation Protocol (SIP)-oriented converged applications for operators.
Booming bandwidth demand for backhauling major wireless carriers 3G, 4G and Long-Term Evolution (LTE) services has turned FiberTower, one of the largest alternative backhaul providers in the United States, to DragonWave Inc. products for high-capacity packet microwave. DragonWave's Horizon Compact is being deployed to support FiberTower's microwave-based packet backhaul services.
Planned community Brambleton announced yesterday that it will be Verizon's first community in the U.S. to offer the Verizon Home Monitoring and Control Service making the concept of the "Connected Home" a reality. The service will enable Brambleton homeowners to lock doors remotely; see what's going on at home via networked cameras; and set, adjust and control lights, smart thermostats and appliances -- all by using a smartphone, a computer or through FiOS TV.
After years of anticipation, the machine-to-machine (M2M) era has finally arrived. A new Yankee Group forecast predicts enterprise cellular M2M connections worldwide will surge from 81.8 million in 2011 to nearly 217.5 million in 2015. In the same time frame, connectivity revenue will more than double from U.S. $3.1 billion to U.S. $6.7 billion, making the M2M market one of the highest growth areas in the wireless arena during the next decade.
Truck manufacturers are deploying more telematics technology for fleet management, as shown by announcements within the past week from Hino Trucks, Freightliner Trucks, and Daimler Trucks North America (DTNA).
Hino Trucks, a Toyota Group company, today announced Hino Insight, a web-based location and telematics product. Hino Insight provides GPS-based remote fleet management capabilities to fleet operations of all sizes.