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Exar announced its withdrawal from the data center virtualization market. The company will stop development of 10 Gigabit Ethernet Network Interface Cards, including the X3100 and Xframe products acquired from...

The Board of Directors of Verizon Communications declared a quarterly dividend of 48.75 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 2, 2011,...

Molex introduced a Quad Small Form-factor Pluggable (QSFP+) Active Optical Cable (AOC) assembly that can achieve 40 Gbps data rates over long reaches of up to 4km (2.49 miles) using...

The government of Sweden raised approximately SEK 2 billion (EUR 233 million) in the auction of 800 MHz spectrum. Three bidders prevailed in the auction, which was held online in...

AT&T announced the appointment of John Stephens as its new chief financial officer (CFO), effective June 1, 2011, replacing Rick Lindner, who is retiring. John Stephens, a 19-year company veteran,...

Glue Networks, a start-up based in Sacramento, California, raised $4.5 million in Series A funding for its enterprise-grade cloud networking service. The "Glue Virtual Office" extends corporate networks to remote...

Motorola Mobility Ventures has made an equity investment in Moblyng, a developer and publisher of cross-platform, HTML5-based games for mobile devices and social networks. Moblyng games have been published for...

Duke Energy has selected Verizon Wireless to connect the digital meters, signs and media players that will be used in project Envision: Charlotte. Using Verizon Wireless' LTE network, Duke Energy...

Juniper Networks introduced two Converged Supercore platforms for packet optical transport. Juniper's new architecture calls for a single network management system for the entire transport network -- Junos -- for...

During, AT&T launched a comprehensive online energy management training program for AT&T corporate real estate managers, and as a result implemented 4,200 energy efficiency projects. These efforts yielded $44 million...

Marvell Technology Group reported revenue for the fourth quarter of its fiscal 2011 of $901 million, a 7 percent increase from $843 million in the fourth quarter of fiscal 2010,...

Free Mobile (Iliad) and Orange announced a national roaming agreement covering their respective 2G and 3G networks in France. This agreement will take effect once Free Mobile has deployed a...

Verizon Wireless won the highest rating in wireless call quality performance according to a newly released J.D. Power and Associates U.S. 2011 Wireless Call Quality Performance Study. The semiannual study...