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Qualcomm reported revenues of $3.62 billion for its third fiscal quarter ended June 26, 2011, up 34 percent year-over-year (y-o-y) and down 6 percent sequentially. Net income came in at...

Nakina Systems, which specializes in carrier grade management and network integrity solutions, has closed a new financing round led by Vengrowth Asset Management and VIMAC Ventures LLC. Terms of the...

Microsemi Corporation announced a bid to acquire all of the outstanding shares of Zarlink Semiconductor for CAD $3.35 per share in cash. The deal has a total equity value of...

ZTE announced plans to open 10 international innovation centers in partnership with several global telecommunications giants. The new innovation centers will be established in Europe and South America. The company...

Citing "substantial harm to competition and consumers," U.S. Senator Herb Kohl, chairman of the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights, announced his opposition to the proposed acquisition...

Alcatel-Lucent is actively exploring strategic options for its Enterprise business. The company is holding meetings with employee representatives of its Enterprise business. No decision has been made on the options...

Thrutu, a division of Metaswitch Networks, released an iPhone version of its mobile communications app for in-call digital sharing. The Thrutu app lets users share interactive content and media during...

WYDOT, the Wyoming Department of Transportation, is using Actelis Networks' Intelligent Transportation Systems (ITS) networking solution to revamp the state capital's transportation network, which serves nearly 60,000 Cheyenne residents. Actelis'ML690...

Dell agreed to acquire Force10 Networks with an aim of expanding its data center solutions portfolio. Financial terms were not disclosed. Dell said its strategy over the past three years...

Ericsson won a contract with Telefónica Brazil to provide managed services for field maintenance in São Paulo. Ericsson will provide a range of field operations services, supervising and maintaining Telefónica's...

Stoke, which supplies mobile broadband gateways, anticipates 300% sales growth year-on-year as it continues to expand its global footprint and engage new service provider customers. As of June 15, sales...

Verizon Wireless is activating LTE in 28 additional markets this week, bringing its service to a total of 102 cities across the country. Verizon Wireless currently offer nine 4G devices...

Riverbed Technology announced the acquisition of 2 companies to form the cornerstone of a new asymmetric optimization strategy. Zeus Technology delivers high-performance software-based load balancing and traffic management solutions for...