TerreStar Sells Remaining Interest in SkyTerra for $123 MM

TerreStar Corporation sold its remaining 29,926,074 shares of non-voting common stock of SkyTerra Communications for a total of approximately $123 million in a series of transactions. "We are pleased that this working capital and increased liquidity helps stabilize our financial position into 2010 -- especially in the face of today's tight credit markets," said William M. Freeman, Chairman of the Board, TerreStar. "With the proceeds of this transaction, we have the opportunity to strengthen the fundamentals of TerreStar, to develop and implement...

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John Chambers: Building the Next Generation Company

Once again, organizations must undertake a complete transformation in the way they are run -- everything from how products are designed/developed to how best to interface with customers/users -- said John Chambers, Cisco's Chairman and CEO, speaking at the company's Financial Analyst Conference. Much like in the late 1990s, new technologies will drive the next decade of productivity growth on global basis. Chambers said Cisco intends to lead by...

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Freescale to Acquire Intoto for Multicore Software Development

Freescale Semiconductor has signed a definitive agreement to purchase Intoto, a company based in Santa Clara, California that develops software for networking and communications equipment manufacturers. Financial terms were not disclosed.Freescale said it intends to apply Intoto's technology and talent to create high-performance applications and software components optimized to improve system performance, streamline development and enhance software...

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Cisco Releases 8 Gbps Fibre Channel Switch Modules

Cisco introduced a number of storage area network (SAN) products for extending its vision for Data Center 3.0. The new Cisco SAN technology includes three Cisco MDS 9000 Family 8-Gigabit-per-second (8-Gbps) Fibre Channel switching modules and new capabilities in Cisco's SAN operating system, which has been re-branded NX-OS. The three new 8-Gbps Fibre Channel SAN switch modules are compatible with all Cisco MDS 9500 Series Multilayer Directors, SAN...

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Cisco Partners with VMware on Data Center Virtualization

Cisco and VMware are collaborating on data center solutions designed to improve the scalability and operational control of virtual environments. Specifically, the Cisco Nexus 1000V distributed virtual software switch is expected to be an integrated option in VMware Infrastructure. The Cisco Nexus 1000V distributed virtual software switch aims to simplify the operations of both physical and virtual networking infrastructures to help server, virtualization...

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Texas Instruments Partners with Ittiam for IP Video Phone Solution

Texas Instruments and Ittiam Systems are developing a customizable and scalable IP video phone solution based on TI's system-on-a-chip (SoC) and software, allowing equipment manufacturers who are building IP phones to introduce video phone products into their portfolio.The solution combines TI's existing Gigabit Ethernet IP phone platform with Telogy Software for VoIP, TI DaVinci technology, and Ittiam's video engine software.http://www.ittiam.comhttp://www.ti....

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Microsoft Completes Acquisition of DATAllegro

Microsoft closed its acquisition of DATAllegro, a supplier of data warehouse appliances, for an undisclosed sum.Microsoft said it will offer a new solution based on DATAllegro's technology that extends SQL Server to scale into hundreds of terabytes of data. The company will begin giving customers and partners early access to the combined solution through community technology previews (CTPs) within the next 12 months, with full product availability...

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Verizon and Nokia Siemens Network Report on 100G field trial

Verizon Business, in conjunction with Nokia Siemens Networks, completed a field trial earlier this year that involved the transmission of wavelength channels carrying multiple data rates (10 Gbps, 40 Gbps, 100 Gbps) over 1,040 kilometers on deployed fiber. A paper on the trial, which occurred in March 2008, is being presented at the European Conference on Optical Communication (ECOC). TU Eindhoven and the University of the German Federal Armed Forces in Munich also contributed to the paper.The field trial involved the insertion of 111 Gbps channels...

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Meraki Expands Free Public Wi-Fi in San Francisco

Meraki announced a company milestone -- its free Wi-Fi network is present in 80% of San Francisco's major neighborhoods and that it is on track to complete its mission to "unwire" San Francisco by the end of the year. Additionally, the company plans to add wireless coverage to dozens of affordable housing and senior centers throughout the city by the end of the year providing access to thousands of residents. For 2009, Meraki anticipates deepening...

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XO Picks Ciena's CN 4200 to Enhance Metro Transport

XO Communications has selected Ciena's CN 4200 FlexSelect Advanced Services Platform to support the delivery of its optical metro transport services. XO Communications will utilize Ciena's CN 4200 in its metro networks nationwide to support the aggregation and transport of high-capacity services. In addition, XO Communications is now a designated Managed Services Provider (MSP) partner within Ciena's BizConnect global partner program.http://www.ciena.comIn...

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