Chipmaker Intel is combining four divisions under a new mobile and communications unit in a bid to catch up in smartphones and tablets, where it has so far failed to gain traction. The new division combines Intel's netbook and tablets division, its ultra mobility division, the mobile communications division and the mobile wireless division, according to spokesman Robert Manetta.
"The ultimate goal is we want to speed up and improve the development process," says Manetta.
Shares in Samsung Electronics Co Ltd (Seoul, South Korea) rose more than 2% on Monday after Apple Inc's (Cupertino, Calif., U.S.A.) bid to halt U.S. sales of its Galaxy line of products was rejected, easing concern of slowing growth in its telecom business, which generates revenue of $13 billion per quarter.
GE Energy (Fairfield, Conn., U.S.A.) recently announced they were working to provide smart-grid-as-a-service to community-owned utility systems that traditionally did not invest in smart grid systems due to steep up-front costs.
On Thursday, Alcatel-Lucent (Paris, France) introduced a public cloud model that is specifically tailored for service providers to use inside their networks. The CloudBand aims to first design the network using cloud technology, and second, use the service provider’s network infrastructure to deliver these cloud services.
According to Alcatel-Lucent, when designing and building the network using the Cloudband, providers can place specific architectural elements into the cloud, which makes them easily accessible for monitoring actual usage.
ZTE Corp (Shenxhen, P.R.C.) and China Unicom (Beijing, P.R.C.), China’s second largest telecommunications equipment maker and carrier respectively, reported third quarter net profit that missed expectations, with both companies grappling with pressured margins.
ZTE posted a second straight fall in quarterly profit mainly due to the weakness in the euro and a delay in value-added tax rebates, while China Unicom's profit was up by a worse-than-expected 21% as it doled out subsidies to attract more 3G users.
Alcatel-Lucent (Paris, France) plans to sell its Genesys call center software business to private equity group Permira for $1.5 billion in cash but will keep a larger, less profitable chunk of its Enterprise unit that had also been on the block, it said on Wednesday.
The price, which is at the higher end of what bankers and analysts had expected, will provide Alcatel-Lucent with a welcome cash injection as Chief Executive Ben Verwaayen struggles to wrap up a three-year turnaround plan on a positive note.
Market research firm Infonetics Research (Campbell, Calif., U.S.A.) on Friday released excerpts from its latest Policy Management market size, market share, and forecast report, which stated that Infonetics expects the global policy management software market to jump 49% in 2011 over 2010, and to hit $1.61 billion in 2015.
Chipmaker Intel Corp (Santa Clara, Calif., U.S.A.) has agreed to acquire mobile navigation software maker Telmap (Herzliya, Israel), the chief executive of the Israel-based company said on Sunday. Details of the deal were not disclosed but Israeli media said Intel is paying about $300 million to $350 million.
Samsung Electronics (Seoul, South Korea) unveiled on Wednesday software pacts with Intel (Santa, Clara, Calif., U.S.A.) and Microsoft (Redmond, Wash., U.S.A.) as the world's second largest cellphone maker strengthens its mobile software push.
Samsung has quickly become one of the largest smartphone makers globally, helped by its strong offering of devices using Google's Android platform. Analysts said Wednesday's deals signaled Samsung's aim to lower its exposure to Android following Google's $12.5 billion August acquisition of Motorola Mobility.
Huawei Technologies Co Ltd (Shenzhen, P.R.C.), the world's second largest network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.
Huawei also plans to triple staff numbers at its enterprise unit to about 30,000 in the next three years from 10,000 expected by the end of this year, to compete with the likes of Cisco Systems Inc and Hewlett-Packard Co, with half in research and development.