On Wednesday, Numerex Corp, a provider of machine-to-machine (M2M) products and services, announced the launch of Numerex FAST 3.0, Numerex's cloud-based M2M platform, which now enables expanded service features and capabilities. FAST 3.0 now includes three service delivery options which can be accessed independently or as a fully integrated solution: Network as a Service (NaaS); Platform as a Service (PaaS); and Software as a Service (SaaS).
Last week, RealNetworks Inc., a provider of internet media delivery software and services, announced that it has signed an agreement to sell its patents and next generation video codec software to Intel Corporation for a purchase price of $120 million.
Shares of Google Inc fell nearly 4% on Monday, after Motorola Mobility Holdings Inc's warning of worse-than-expected financial results raised concerns about Google's pending acquisition of the smartphone maker. The $12.5 billion acquisition of Motorola, the largest in Google's history, is expected to close early this year.
A new LTE joint venture spearheaded by Japan’s NTT DoCoMo may add increase competition for Qualcomm, a company that dominants the mobile chipset business.
DoCoMo (Tokyo) is investing $5.8 million in a wholly owned subsidiary, dubbed Communication Platform Planning Co., which will be run together with Samsung, Fujitsu, Fujitsu Semiconductor, NEC, and Panasonic.
Apple Inc's share of China's booming smartphone market has risen sharply in the past two years, but for now the company that sells the iPhone is being outpaced by nimble telecom smartphone rivals. It is not that Apple's iPhones and iPads are losing favor among Chinese consumers. The problem facing Apple seems to be timing.
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.