Ralink + Trend Chip Merger Targets WiFi + DSL

Ralink Technology, a leading supplier of WiFi silicon solutions, has agreed to acquire TrendChip Technologies Corporation, a leading supplier of DSL chipsets. Both companies are listed on the listed on Taiwan's TAIEX exchange.Each 0.8209 share of TrendChip will be exchanged for 1 share of Ralink. With a combined stock valuation of approximately NT$20 billion, and combined 2009 revenues of over NT$7.3 billion, the new Ralink Technology Corporation...

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RCN to Build Fiber-Based, Middle Mile Network in Cape Cod

OpenCape Corporation has been awarded a $32M broadband stimulus grant for a 350-mile network will span from the South Coast of Massachusetts onto Cape Cod and the Islands. RCN Metro Optical Networks will design, build and manage the network on OpenCape Corporation's behalf. The OpenCape project, expected to be completed in phases over three years, consists of a core fiber backbone that connects Cape Cod to two of RCN Metro's major regional network...

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Cisco Teams with India's CSC e-Governance Services

Cisco signed a memorandum of understanding (MoU) with CSC e-Governance Services India, a private company established to catalyze and accelerate the delivery of various eGovernance services. Cisco will help make education and health care solutions available and to promote social inclusion. The Common Service Centres program is a strategic cornerstone of the government of India's National e-Governance Plan (NeGP), which calls for 250,000 CSCs to be set-up in 600,000 villages. The goal is to offer Web-enabled e-governance services in rural areas...

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Nokia Updates its Mobile Device Market Estimates

Nokia has updated its definition of the industry mobile device market which it uses to estimate industry volumes. The company said it now has better visibility of the overall market size, including the number of mobile devices sold by certain new entrants selling legitimate, as well as unlicensed and counterfeit, products. The new estimated market size is bigger than the company had previously estimated and Nokia's market share is, hence, lower.For...

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EXFO Acquires Finland's NetHawk for Wireless Test

EXFO has acquired NetHawk Oyj, a leading supplier of 2G, 3G and 4G/LTE protocol analyzers and simulators for wireless network equipment manufacturers (NEMs) and network operators. The all-cash deal was valued at EUR 37.3 million for all outstanding shares on a fully diluted basis, or EUR 27.6 million excluding NetHawk's net cash. An additional earn-out, based on sales over the next three years, could raise the total value of the transaction by EUR...

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Verizon Dual Lists Its Stock on NASDAQ and NYSE

Verizon Communications has dual listed its common stock on the NASDAQ Global Select Market. The stock also trades on the New York Stock Exchange. John Killian, Verizon's chief financial officer, said, "Verizon has a broad and diverse shareholder base, and we believe that the additional support provided by dual listing will benefit our current and potential investors. We are pleased to now be listed on both of these great exchanges."http://www.v...

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Alcatel-Lucent Releases APIs for Accelerating Application Development Business Model

Alcatel-Lucent released its first API (Application Programming Interfaces) bundles that blend service provider and third party application capabilities to enable the faster creation of new applications. Alcatel-Lucent's goal with these API bundles is to enable a new revenue share model to transform service provider networks into an application development platform by unlocking network resources and functionality -- similar to what smartphones and...

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FCC Releases Consumer Broadband Tests

The FCC released two applications -- the Consumer Broadband Test and the Broadband Dead Zone Report -- that allow consumers to test their broadband service and report areas where broadband is not available.The Consumer Broadband Test measures broadband quality indicators such as speed and latency, and reports that information to consumers and the FCC. The mobile version -- the FCC's first mobile app -- is available through the Apple and Android app...

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Cisco Opens Entrepreneur Institute in Paraguay

Cisco has opened an Entrepreneur Institute in Paraguay to help owners of small and medium-sized businesses improve their business skills and learn how to effectively use information and communications technologies. The first training center will be the Fundación Paraguaya, which during the first year will provide basic courses from the Cisco Entrepreneur Institute curriculum to more than 100 Paraguayan entrepreneurs. http://www.cisco.comhttp...

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