Thursday, November 19, 2009

Motorola Acquires RadioFrame Networks' iDEN Business

Motorola has acquired RadioFrame Networks' iDEN business for an undisclosed sum. RadioFrame is a provider of lower cost, power efficient iDEN technology. Motorola said its proprietary iDEN solution has proven to be an enduring cellular technology due to its innovative and differentiated end-user fast dispatch service and enterprise optimized talk-groups. Radio Frame's iDEN products will further enhance Motorola's portfolio for multi-channel base stations optimized to support non-contiguous spectrum allocations in the special mobile radio (SMR)...

Calix Networks Files for IPO

Calix Networks filed SEC papers for a proposed initial public offering (IPO) on the New York Stock Exchange under the symbol "CALX." The company, which is based in Petaluma, California, began shipping its first multiservice access products in December 2001. A company prospectus is posted onlinehttp://sec.gov/Archives/edgar/data/1406666/000119312509239196/ds1....

NSN Confirms That it Did Not Win Nortel Auction

Nokia Siemens Networks confirmed that it did not submit the highest bid in the auction for Nortel's optical networking and carrier Ethernet assets. NSN said that it believes that its final offer represented fair value for the assets, and further bidding could not be financially justified. Financial terms of its bid were not stated.Ciena, which in October had submitted at a bid of $521 million for the Nortel assets, is believed to have raised its offer on Friday in response to the NSN bid. http://www.nsn.com http://www.nortel....

Cisco Offers iPhone App for Security Intelligence

Cisco released an iPhone application providing access to Cisco Security Intelligence Operations (SIO), providing administrators with data on threats that could impact their network. Powered by the Cisco Security IntelliShield Alert Manager Service, the new Cisco SIO To Go iPhone application informs, protects and enables users to respond in real time to alerts and threats to the network. The application delivers early warning intelligence, threat...

eBay Completes Sale of Skype to Private Investors

eBay completed the previously announced sale of Skype to a private investment group led by Silverlake partners and which included Joltid Limited, the Canada Pension Plan Investment Board and Andreessen Horowitz. The deal valued Skype at $2.75 billion. eBay retains a 30% stake in Skype. eBay received approximately $1.9 billion in cash and a note from the buyer in the principal amount of $125 million. http://www.skype....