Infineon to Divest Wireline Business to Private Equity for EUR 250 Million

Infineon Technologies will sell its Wireline Communications (WLC) business to Golden Gate Capital for EUR250 million. Golden Gate Capital is a San Francisco-based private equity investment firm with approximately $9 billion of capital under management.Infineon's Wireline division supplies semiconductor solutions for ADSL/VDSL, access network processors, broadband CPE, TE carrier solutions, VoIP and digital cordless phones. Employment contracts for approximately 600 WLC employees will be transferred to the new company. Furthermore, an estimated...

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Latin American Mobile Carriers Launch Free-to-Air TV with Telegent

Telegent Systems, which supplies single-chip mobile TV solutions, reports accelerating adoption by leading operators throughout Latin America of mobile phones with a free-to-air TV feature.Since December of last year, subsidiaries of América Móvil and Telefónica that are the leading operators in their country -- including Telcel in Mexico, Claro Argentina, COMCEL Colombia, and Movistar in Mexico and Peru -- have deployed multiple models of Telegent-enabled...

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BridgeWave's Backhaul Links Video Surveillance Net in Texas

BridgeWave Communications' FE60U gigabit upgradeable wireless products are being used to power the wireless video surveillance network for the City of Highland Village in Texas. BridgeWave's radio links provide the backhaul for the surveillance video cameras. BridgeWave said that a fiber optic network for the surveillance cameras was not an option in this case due to cost and time-to-install. To cover the shopping centers, Highland Village used multiple license-free BridgeWave FE60U products for its advanced wireless security providing full-rate,...

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Orange Business Wins EUR 100 Million Deal with Total for Global VPN

Orange Business Services and Total have signed a 5-year global networking contract with a value of up to EUR 100 million. Under the deal, Orange Business Services is responsible for the integration, operation and optimization of WAN networks for Total at more than 1,000 sites in 100-plus countries.Total, which is based in Paris and ranks as one of the largest oil and chemical companies in the world, has set forth an IT VISION program that calls for...

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China's Sohu Picks 3Com's H3C for Next Gen Data Center

Sohu, one of China's leading search engines and online destinations, has selected 3Com's H3C data center solutions to build a next-generation data center. Sohu made its decision after a two-month field test of H3C's recently launched data center solutions portfolio -- including the S12500 Series core switch line and the S5800 Series 10-gigabit switch series. Financial terms of the exclusive network supplier contract were not disclosed.As the first...

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Ericsson Signs US$1.7 Billion Contracts with China Mobile, China Unicom

Ericsson signed 2G/3G framework agreements with China Mobile and China Unicom, valued at USD 1 billion and USD 0.7 billion respectively. China Mobile and China Unicom have received 3G licenses of TD-SCDMA and WCDMA standards respectively at the beginning of 2009. Together the two operators are currently serving more than 620 million mobile subscribers.Under the deal with China Mobile, Ericsson will continue to deliver green solutions to support...

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T-Mobile UK Signs 4-Year Services Deal with Amdocs

T-Mobile UK awarded a four-year managed services agreement to Amdocs to manage the ongoing development, maintenance and support of T-Mobile UK's billing, customer care and ordering systems for its 16.7 million subscribers. Amdocs will also modernize T-Mobile UK's ordering system. Financial terms were not disclosed. http://www.t-mobile.co.ukhttp://www.amdocs....

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Cisco Appoints Chief Strategy Officer

Cisco has appointed Ned Hooper as Chief Strategy Officer (CSO). Cisco appointed Ned Hooper as Chief Strategy Officer (CSO). Hooper is an 11-year veteran of Cisco. Prior to his current role, he was Vice President of Business Development, where he led the company's acquisition strategy focusing on growth opportunities by entering new markets and integrating innovative technologies into Cisco businesses. Through acquisitions including Linksys, Scientific...

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EMC Announced Definitive Deal to Acquire Data Domain

Following a protracted bidding war with NetApp, EMC Corporation announced a definitive agreement to acquire Data Domain , a leading provider of deduplication storage solutions, in a cash tender offer for $33.50 per share. The transaction is expected to have a total enterprise value of approximately $2.1 billion, net of Data Domain's cash.Joe Tucci, EMC Chairman, President and CEO, said, "This is a compelling acquisition from both a strategic and financial standpoint. We look forward to bringing Data Domain together with EMC to form a powerful force...

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