Tag: Financial

Gary Daichendt, president and chief operating officer of Nortel Networks, has stepped down after three months with the company. Prior ...

Telstra named Solomon (Sol) Trujillo as its new CEO, replacing Dr Ziggy Switkowski, who steps down on 1 July 2005. ...

Oracle agreed to acquire TimesTen, a start-up providing real-time data management software, for an undisclosed sum. TimesTen provides infrastructure software ...

Ditech Communications agreed to acquire Jasomi Networks, a supplier of session border controller technology that enables companies and carriers to ...

Boeing and Cisco Systems signed a non-binding memorandum of understanding documenting their intention to extend their non-exclusive business alliance to ...

Daniel R. Hesse has been named chief executive officer of Sprint's Local Telecommunications Division. Hesse spent 23 years at AT&T, ...

ECI Telecom completed its acquisition of Laurel Networks, a provider of Next-Generation IP/MPLS Multi-Service Edge Routers. Laurel's products and technology ...

Cisco Systems announced a number of changes designed to organize its worldwide field sales into four "geographic theatres." These include: ...

Ericsson acquired NetSpira Networks, a start-up software developer based in Spain, for an undisclosed sum. NetSpira's technology enables content and ...

Ciena reported quarterly revenue of $103.8 million, representing a 9.6% sequential increase, and an increase of 39.0% over the same ...

McAfee announced the acquisition of Wireless Security Corp, a start-up offering Wi-Fi security solutions to protect home and small business ...

Sun Microsystems agreed to acquire StorageTek in a deal valued at $4.1 billion, including the assumption of employee stock options. ...

Ensim, a provider of hosting automation software, agreed to acquire TeleGea, a provider of service delivery solutions for hosted VoIP ...