Texas Memory Systems Debuts Multi-TB Flash Storage System

Texas Memory Systems unveiled its the RamSan-500 -- an enterprise-class cached flash storage system designed for high read performance and large capacity storage. Compared with a high-end hard disk-based RAID system, Texas Memory said its the RamSan-500 can deliver in excess of sixteen times the performance while using 50% less power.Solid state storage devices like the new RamSan-500 are deployed to accelerate software applications such as those...

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Exalt Targets Next Gen Wireless Backhaul Systems

Exalt Communications, a start-up based in Campbell, California, launched its line of next-gen wireless backhaul solutions. The company aims to be a one-stop-shop provider of wireless backhaul solutions for service providers and enterprises deploying any access technology including GSM, WiMAX, 3G, 4G, WiFi, Mesh, WCDMA, GPRS, HSPA, EV-DO, and others. Exalt has focused on building a technology-agnostic architecture that will deliver the broadest portfolio of carrier class products in the wireless backhaul space. A key driver behind the Exalt radio...

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Symmetricom Develops Miniature Atomic Clock

Symmetricom introduced a miniature atomic clock based on a rubidium oscillator. The unit is one fifth the size, and consumes less than half the power compared to current atomic clock technology.Symmetricom's new atomic clock is suitable for mobile applications, such as Universal Mobile Telecommunications System (UMTS) or Wideband Code Division Multiple Access (WCDMA). The company is positioning it as an effective solution for independent timing at...

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Peermeta Raises Funding for Web2.0 + Mobile

Peermeta, a start-up based in Acton, Mass., closed on a $6 million Series A investment for its development of Web 2.x enabled software platforms for intelligent end points utilizing mobile broadband infrastructure.The funding came from Sigma Partners and Kepha Partners.Peermeta aims to provide a foundation for a new generation of personalized content across web-enabled mobile devices (handsets, PDAs, media players, gaming devices). Peermeta is led...

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TI to Repurchase Additional $5 Billion in Stock

Texas Instruments' Board of Directors has authorized the company to repurchase an additional $5 billion of its common stock. Additionally, the company plans to raise its quarterly cash dividend 25 percent. TI's new quarterly dividend rate will be $0.10 per share, resulting in annual dividend payments of $0.40 per share.This most recent action brings the Board's total stock repurchase authorization since September 2004 to $20 billion. These repurchases have lowered TI's shares outstanding by 17 percent through the end of the second quarter of 2007....

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SK Telecom Pumps Additional $270 Million into Helio Joint Venture

SK Telecom will invest up to $270 million in Helio, the U.S. wireless voice and data services joint venture operated in partnership with EarthLink.Helio ended August with 130,000 subscribers, and expects to end the year with between 200,000 and 250,000 subscribers and revenue of $140 - $170 million. Helio expects a full year net loss of $ (340) - $ (360) million.The companies said Helio continues to carve out a unique space in the wireless market....

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Canada's Competition Bureau Clears Acquisition of BCE

The Canadian Competition Bureau approved the proposed acquisition of BCE by an investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, Providence Equity Partners Inc. and Madison Dearborn Partners. http://www.bce.caIn June 2007, BCE, the parent company of Bell Canada, agreed to be acquired by an investor group led by Teachers Private Capital, the private investment arm of the Ontario Teachers Pension Plan, Providence Equity Partners Inc. and Madison Dearborn Partners, LLC. The all-cash...

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