Emerson to Acquire Motorola's Embedded Communications Computing Business

Emerson agreed to acquire Motorola's Embedded Communications Computing (ECC) business for $350 million in cash. Motorola's ECC business supplies embedded computing products and services to communication infrastructure and equipment manufacturers in telecommunications, medical imaging, defense and aerospace and industrial automation. Based in Tempe, Arizona, Motorola's ECC business has approximately 1,100 employees. The business has driven open standards...

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ECI Telecom Completes Acquisition by Private Equity Group

ECI Telecom has been acquired by affiliates of the Swarth Group and certain funds that have appointed Ashmore Investment Management Limited as their investment manager, for a total value of approximately $1.24 billion.Under the terms of the Merger Agreement, which was approved by a majority of over 99% of ECI shareholders voting at an extraordinary general meeting held on August 29, 2007, each ECI share outstanding as of today has been automatically converted into the right to receive US $10.00 per share in cash, without interest and less any applicable...

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STMicroelectronics Launches PoE Controllers for Networked Devices

STMicroelectronics announced two new families of Power-over-Ethernet (PoE) interface controllers. All devices in the families are compliant with the IEEE 802.3af specification for powered devices (PD), which provide all the control functions needed to enable a PD to request and draw power from an Ethernet network via a power source. STMicroelectronics designers could use these new controllers to eliminate the 110/220V AC power lines to many wired LAN devices such as VoIP phones and security cameras. Other applications benefiting from PoE include...

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Qualcomm Hires General Council from Apple

Qualcomm named Donald J. Rosenberg as executive vice president, general counsel and corporate secretary. He will be responsible for all legal matters and the company's legal strategy worldwide.Rosenberg joins Qualcomm from Apple, where he served as senior vice president, general counsel and corporate secretary. Prior to that, he spent more than 30 years at IBM, where he held numerous positions, including assistant general counsel for litigation, senior vice president and general counsel. http://www.qualcomm....

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Avaya Stockholders Approve Acquisition by Silver Lake, TPG

Avaya stockholders voted to adopt the merger agreement providing for the acquisition of Avaya by affiliates of Silver Lake Partners and TPG, two private equity firms.Avaya also announced that all regulatory approvals required to complete the transaction have been obtained, including the receipt of clearance from the European Commission. http://www.avaya.comIn June 2007, Avaya accepted an $8.2 billion buyout offer, or $17.50 per common share, from...

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Deutsche Telekom to Acquire Orange Netherlands for EUR 1.33 Billion

Deutsche Telekom will acquire Orange Netherlands from France Telecom for EUR 1.33 billion. This transaction has been approved by the France Telecom Board of Directors after having obtained a positive advice from the Workers Council of Orange Nederland. The European Commission has already given its approval.The acquisition strengthens Deutsche Telekom's position in the competitive Dutch market. T‑Mobile Netherlands is the third largest mobile communications...

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Russia's Golden Telecom Deploys Alcatel-Lucent

Russia's Golden Telecom has deployed a triple play capable network solution from Alcatel-Lucent. Under the terms of a series of contracts signed in the second quarter of 2007, Alcatel-Lucent has supplied the following equipment from its broadband access portfolio: the 7302 Intelligent Services Access Manager (ISAM), the 7330 ISAM Fiber-to-the-Node and the 7324 Remote Unit with a total capacity of up to 33,000 DSL lines, as well as an upgrade of...

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3Com to Be Acquired by Bain Capital Partners for $2.2 Billion

Bain Capital Partners, a leading global private investment firm, agreed to acquire 3Com for approximately $2.2 billion in cash. shareholders will receive $5.30 in cash for each share of 3Com common stock, representing a premium of approximately 44% over 3Com's closing price of $3.68 on September 27, 2007As part of the deal, affiliates of Huawei Technologies will acquire a minority interest in the company and become a commercial and strategic partner of 3Com.3Com also includes H3C Technologies Co. (H3C), a China-based provider of network infrastructure...

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