Exinda and VADition partner for WAN optimization

Expands Exinda customer base

Exinda (Andover, MA, USA), a provider of WAN optimization solutions, has signed a distribution agreement with VADition, a U.K.-based distributor of technology solutions for enterprises. The agreement expands Exinda's sales capabilities in the U.K. and enables Exinda's partners to expand their customer base.

Portugal Telecom seals $5 billion Oi deal

Marks PT's return to business in Brazil

Portugal Telecom (Lisbon, Portugal) said today it had signed the necessary contracts to seal the purchase of a 22.38 percent direct and indirect stake in Brazil's main fixed-line phone carrier Oi (Rio de Janeiro) for 8.32 billion reais ($4.98 billion). The deal, drafted last July, effectively means the return of Portugal Telecom as a major player to fast-growing Brazil after it sold its stake in Brazil's top mobile firm Vivo to Spain's Telefonica for 7.5 billion euros last year.

Sunrise and Calnex partner for backhaul testing equipment

Will extend market reach to Latin America

Sunrise Telecom (San Jose, CA, USA) and Calnex Solutions (Linlithgow, West Lothian, UK) announced at this week’s Metro Ethernet Forum Quarterly meeting that they will partner to sell and support Calnex’s "Paragon" family of test solutions for mobile backhaul in Latin America.

Sunrise Telecom will serve as a channel partner to market, sell and support Calnex products to customers in Latin America. Sunrise already carries an established presence in the region, which will help Calnex extend its market reach.

ABI: Handset telematics will spike by 2016

Issues such as safety and interoperability still remain

The number of global users of telematics smartphone applications will explode from 3.2 million in 2011 to 129 million in 2016, with North America as the dominant region, according to the latest ABI Research (New York) forecasts.

Handset telematics will spike by 2016

Issues such as safety and interoperability still remain

ABI Research

The number of global users of telematics smartphone applications will explode from 3.2 million in 2011 to 129 million in 2016, with North America as the dominant region, according to the latest ABI Research (New York) forecasts.

Toshiba and Bulgarian Energy Holding sign Memorandum of Understanding

Will cooperate on development of smart grids, power plants, electric cars

Bulgarian Energy Holding EAD and Toshiba Corporation (Tokyo) today signed a Memorandum of Understanding, under which they will discuss further cooperation in the field of energy and energy efficiency. The potential future relationship between the parties includes closer cooperation in energy generation, including thermal power, hydro power, nuclear power and solar photovoltaic power, and increasing the efficiency of power transmission and distribution through the development of smart grids.

MasterCard hires former Orange VP of Mobile Payments

NFC veteran implies MasterCard will ramp up its efforts

Mastercard (Harrison, NY, USA) has poached Mung-Ki Woo, the former head of mobile and contactless payments at Orange (Arcueil, France), one of Europe’s largest operators. Woo will head up MasterCard’s mobile payment and m-commerce business, a recently formed unit.

The move strongly suggests MasterCards plans to increase its mobile payments efforts, a currently wide open market with many potential competitors looming. Not the least of which being Visa, who hired Bill Gajda, former chief commercial officer of the GSM Association, for a similar position.

Integrated Telecom and Korea Middle East Engineering sign $1.1 billion expansion

Part of regional $400 billion plan

Saudi Arabia's Integrated Telecom Co. (Dammam, Saudi Arabia) has signed a 4 billion riyals ($1.1 billion) deal with Korea Middle East Engineering Co (Komee) to expand the country's optical cable network, ITC said on Wednesday.

Gemalto hands over point of sale business to partner VeriFone

VeriFone designates Gemalto its preferred M2M provider

Gemalto (Amsterdam, Netherlands) has announced the handover of its point of sale (POS) solutions business to VeriFone (San Jose, California, USA) as part of their strategic partnership. First announced in October, the partnership also entails cooperative efforts in Europay, MasterCard, and Visa (EMV) chip card solutions, and Gemalto's appointment as the preferred supplier of M2M wireless modules and related solutions for VeriFone payment systems.

IBM predicts rising 'mobile threats'

Electric grids, water systems, embedded devices may be vulnerable

Kristin Lovejoy, VP of Strategy for IBM Security Solutions, predicts 2011 will see the first cyber-attacks on critical infrastructure such as electric grids or water systems.

In an interview with SearchSecurity.com, Lovejoy says "when it comes to the embedded devices, there's two things we're worried about. We're worried about people using those devices to cause some sort of harm or to cause societal conflict. Alternatively, we're seeing the use of those devices to enable support for some form of financial gain."

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