On Friday, DragonWave, Inc. (Ottawa, Canada) announced plans to acquire Nokia Siemens Networks' (Espoo, Finland) microwave transport business, including its associated operational support systems (OSS) and related support functions. Under the deal, Nokia Siemens Networks (NSN) will retain responsibility for its existing sales and associated services for microwave transport, while DragonWave will be responsible for the product line, including R&D, product management and operations functions.
France Telecom-Orange (Paris, France) and Publicis Groupe (Paris, France), an advertising and communications company, announced on Monday plans to launch a new venture capital fund. The fund will finance and develop digital start-up, particularly in France and the European Union, says Orange.
The distribution arm of Italy's biggest utility, Enel (Rome, Italy), has started installing smart grids in Italy, part of its push to develop the technology needed to handle electricity flows from decentralized, fluctuating renewable power sources. Several thousand customers will take part in the $13.7 million pilot project in the southern region of Molise, Enel said in a statement.
The need to develop smart grid technology has been spurred by a rapid growth of renewable energy which is dependent on weather conditions and alternating of day and night.
Alcatel-Lucent (Paris, France) scaled back its profitability goal for the year, raising new doubts about Chief Executive Ben Verwaayen's ability to turn around the long-struggling telecom equipment maker.
Alcatel-Lucent, like rivals Ericsson (Stockholm, Sweden) and Nokia Siemens Networks (Espoo, Finland), is suffering as telecom operators cut spending on their networks in reaction to macroeconomic uncertainty, especially in Europe.
Despite several years of economic woes and rapidly expanding debt, The Republic of Ireland has announced its commitment to Electric Vehicles (EVs) and an aggressive roll-out of charging infrastructure. The country is installing 1,500 public charging stations this year, which puts the country on pace to have a greater penetration per capita than the United States.
Telecom operator Telefónica (Madrid Spain), through its recently created unit Telefónica Digital, and China Unicom (Beijing, China) last week signed a strategic agreement to promote the development of M2M and the Internet of Things in a global scope. The objective of the partnership includes making advances in the M2M industry through different technologies such as cellular communications, identification by radiofrequency (RFID), sensors and global positioning systems (GPS).
TNMO is EMEA's leading specialist forum for mobile backhaul, RAN and core transport networking professionals. The 13th Annual TNMO brought 150+ delegates from all across the globe to watch and learn from over 20 service provider presentations and meet the industry's leading technology suppliers in the networking exhibition.
WDM & Next Generation Optical Networking is to be held on the 18-21 June 2012 in Monte Carlo. Europe's premier optical networking brings together 550+ optical professionals for four days of structured networking and debate. The comprehensive operator led programme and professionally organised networking agenda is the meeting place for the regions thought leaders and decision makers and make WDM & Next Generation Optical Networking an unmissable event in the industry calendar.
Czech power group CEZ (Prague, Czech Republic) plans to have 23,500 smart energy meters installed in western Bulgaria by the end of 2012 to help modernize its power grid and boost its efficiency, the company said on Wednesday.
CEZ -- central and Eastern Europe's largest utility -- has already installed more than 18,000 smart meters costing some $46.5 million since 2009, it said in a statement. The number should hit 20,000 by the end of 2011.
IBM (Armonk, N.Y., U.S.A.) last week announced it has joined a collaborative consortium to help develop an energy grid that uses at least 50% of renewable energy sources, such as wind power, solar energy and biogas. Led by a European Union-funded consortium, the EcoGrid EU project will demonstrate a smart energy grid that will allow smart devices to use renewable electricity based on near real-time pricing and availability, according to the consortium.