Tag: Financial

Extreme Networks expects revenue for the quarter ending 28-Dec-03 to be in the range of $80 to $85 million, a ...

ECI Telecom launched a new corporate branding campaign to mark the end of a three year restructuring process and its ...

EMC Corporation agreed to acquire Vmware, Palo Alto, California-based start-up developing Intel virtualization software, for approximately $635 million in cash. ...

XO Communications received $192.0 million, consisting of $164.8 million in cash and $27.2 million of Global Crossing common stock (12-Dec-03 ...

ARRIS announced that due to its strengthening cash position and balance sheet, it is terminating its bank credit facility. This ...

DIRECTV Latin America filed a proposed Plan of Reorganization and Disclosure Statement with the its U.S. bankruptcy court. The plan ...

Convergys Corporation is acquiring certain billing and customer care assets from ALLTEL Communications Inc., a subsidiary of ALLTEL, for $37 ...

The Board of Directors of SBC Communications approved a 10.6% increase in the company's quarterly dividend, from 28.25 cents a ...

Rambus agreed to acquire certain high speed signaling assets from Velio, a start-up based in Milpitas, California. The deal, which ...

CIENA reported quarterly revenue of $70.6 million, a 3% sequential increase and an increase of 14% from the same period ...

John W. Sidgmore, former WorldCom chairman and CEO, passed away at age of 52 of complications associated with acute pancreatitis. ...

Business confidence is definitely improving and enterprise customers will boost their IT spending in 2004 in single digits rates, said ...

Singapore Technologies Telemedia (ST Telemedia) consummated its acquisition of Global Crossing, enabling the a newly restructured Global Crossing to emerge ...