Saturday, December 31, 2011

2011 Mergers & Acquisitions

...

Tuesday, December 27, 2011

Newport to Acquire ILX Lightwave for Photonic Devices

Newport Corporation (NASDAQ: NEWP) today reported that it has entered into a definitive agreement to acquire ILX Lightwave Corporation ("ILX"), a market and technology leader in high-performance test and measurement solutions for laser diodes and other photonics components. On December 28, Newport Corporation agreed to acquire ILX Lightwave Corporation, for $9.3 million in cash. ILX , headquartered in Bozeman, Montana, is a supplier of high-performance test and measurement solutions for laser diodes and other photonics components. The product...

Verizon Cancels Plans for $2 Convenience Fee

On December 28, Verizon Wireless announced plans to begin charging customers a $2 "convenience fee" for making payments via online credit or debit card transactions. The company later dropped the plan following media attention, consumer complaints, and a statement from the FCC promising to look into the matter. http://www.verizon....

Exar Trims Financial Guidance

On December 28, Exar Corporation revised downward its financial guidance citing "weaker economic conditions in Asia and Europe and continued inventory corrections" across all product lines. Exar now expects revenue for the fiscal third quarter to be between $28 million and $30 million and non-GAAP gross margin to be between 48% and 50%. http://www.exar....

Vodafone Egypt Upgrades Subscriber Data with NSN

Vodafone Egypt, the country’s largest telecom operator, is upgrading its subscriber data management system built on the One-NDS platform provided by Nokia Siemens Networks, enabling the operator to speed up the process of launching new, targeted services. Specifically, Nokia Siemens Networks is upgrading its comprehensive subscriber data management solution, including the One-NDS platform, and providing its Home Location Register (HLR), and Mobile Number Portability (MNP). The One-NDS platform unifies fragmented data into a single repository and...

Verizon Wireless Cites LTE Growing Pains

During December, Verizon Wireless suffered three intermittent nationwide outages on its LTE network -- all of which were caused by glitches in the network's IP Multimedia Subsystem (IMS). Verizon Wireless' VP of network engineering Mike Haberman told GigaOM that these disruptions should be seen in light of the company's pioneering efforts with LTE. As of December 2011, Verizon Wireless has deployed its 4G LTE network in more than 190 markets across the U.S., covering more than 200 million people. The company said it has taken decisive steps to...

Monday, December 26, 2011

Cavium Trims Guidance

On December 27, Cavium cut its financial guidance for the fourth quarter of 2011. The company currently expects that revenue in the fourth quarter of 2011 will be between $56 million and $57 million. The company noted that revenues have been weaker than expected across both the enterprise and service provider as well as the broadband and consumer market segments, and further exasperated by a larger than expected impact of a hub transition at one of its major customers. http://www.cavium....

Thursday, December 22, 2011

AT&T to Boost LTE Downlinks with Qualcomm's 700 MHz + Carrier Aggregation

The FCC granted regulatory approval for AT&T to acquire 700 MHz licenses from Qualcomm.AT&T is purchasing 700 MHz spectrum licenses covering more than 300 million people for approximately $1.9 billion. The deal includes all 11 of Qualcomm’s D and E Block licenses in the Lower 700 MHz band.In its FCC application for license transfer, AT&T said it plans to use supplemental downlink technology (carrier aggregation) to bond this unpaired...

December 22, 2011

Verizon Wireless Experiences Another LTE Glitch Verizon Wireless experienced a nationwide disruption on its 3G and 4G in the early morning hours of Wednesday, December 21. The service was slowly being restored throughout the day. The company has not yet commented on the cause of outage or any potential customer credits. http://bit.ly/t75MYf 21-Dec-11 Russia's Yota Launches Wholesale LTE Network in Novosibirsk Russia's Yota...

Wednesday, December 21, 2011

Akamai to Acquire Cotendo for Cloud Acceleration Suite

Akamai Technologies has agreed to acquire Cotendo, which specializes in cloud-based acceleration technologies, for approximately $268 million in cash, plus the assumption of outstanding unvested options to purchase Cotendo common stock. Cotendo offers a suite of Web and mobile acceleration services using from over 30 global distributed point of presence (POPs). Cotendo's single platform software includes acceleration services for dynamic web applications,...

Tuesday, December 20, 2011

China Mobile Has Added 60 Million Users in 2011

As of November 30, China Mobile had 644,319 customer lines in service. During the month of November, the carrier added 5,430,000 users, bringing the total number of additions during 2011 so far to 60,302,000. http://www.chinamobileltd....

Japanese Carriers Establish Consortium to Promote NFC

A new Japan Mobile NFC Consortium has been established by NTT DOCOMO, KDDI and SOFTBANK MOBILE to coordinate the adoption of multiple international standards for near field communication (NFC) technologies incorporated in their mobile devices and services.Japan’s three mobile operators already offer Osaifu- Keitai™(wallet phone) mobile services based on the contactless-IC smartcard called FeliCa.Overseas, however, mobile operators and service providers are increasingly adopting Type A and Type B standards to develop growing markets for NFC services....

Swisscom Picks Ericsson for LTE

Swisscom has selected Ericsson for an upgrade of its mobile infrastructure to LTE. The selection follows an open tender in which five vendors participated. Swisscom plans to invest several hundred million Swiss francs over the next five years to update all mobile base stations, increase network capacity at heavily frequented locations and press ahead with LTE expansion.Swisscom plans to begin the rollout in January 2012 and by mid-2014 all 6,000...

Jawbone Secures $40M for Mobile Lifestyle Products

Jawbone, which has been known for its premium Bluetooth headsets, received a combined $40 million in funding from Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner, and investors advised by J.P. Morgan Asset Management. This brings funding to nearly $210 million.Jawbone, which is based in San Francisco, is positioning itself as a "leading innovator in products and services for the mobile lifestyle.""We are experiencing...

Russia's Yota Launches Wholesale LTE Network in Novosibirsk

Russia's Yota announced the launch of its first LTE network in Novosibirsk in Siberia. The network is ready for joint operation by several operators. Commercial service is expected to start by January 15, 2012, with modems available in retail shops by various network partners.Novosibirsk is the third-largest city in Russia with a population of about 1.5 million. http://www.yota.ruEarlier this year, Yota announced agreements with Beeline, Megafon,...

Verizon Wireless Experiences Another LTE Glitch

Verizon Wireless experienced a nationwide disruption on its 3G and 4G in the early morning hours of Wednesday, December 21. The service was slowly being restored throughout the day. The company has not yet commented on the cause of outage or any potential customer credits.http://bit.ly/t75...

China Mobile Has Added 60 Million Users in 2011

As of November 30, China Mobile had 644,319 customer lines in service. During the month of November, the carrier added 5,430,000 users, bringing the total number of additions during 2011 so far to 60,302,000. http://www.chinamobileltd....

Japanese Carriers Establish Consortium to Promote NFC

A new Japan Mobile NFC Consortium has been established by NTT DOCOMO, KDDI and SOFTBANK MOBILE to coordinate the adoption of multiple international standards for near field communication (NFC) technologies incorporated in their mobile devices and services. Japan’s three mobile operators already offer Osaifu- Keitai™(wallet phone) mobile services based on the contactless-IC smartcard called FeliCa. Overseas, however, mobile operators and service providers are increasingly adopting Type A and Type B standards to develop growing markets for NFC...

Swisscom Picks Ericsson for LTE

Swisscom has selected Ericsson for an upgrade of its mobile infrastructure to LTE. The selection follows an open tender in which five vendors participated. Swisscom plans to invest several hundred million Swiss francs over the next five years to update all mobile base stations, increase network capacity at heavily frequented locations and press ahead with LTE expansion.Swisscom plans to begin the rollout in January 2012 and by mid-2014 all 6,000...

Jawbone Secures $40M for Mobile Lifestyle Products

Jawbone, which has been known for its premium Bluetooth headsets, received a combined $40 million in funding from Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner, and investors advised by J.P. Morgan Asset Management. This brings funding to nearly $210 million.Jawbone, which is based in San Francisco, is positioning itself as a "leading innovator in products and services for the mobile lifestyle.""We are experiencing...

Russia's Yota Launches Wholesale LTE Network in Novosibirsk

Russia's Yota announced the launch of its first LTE network in Novosibirsk in Siberia. The network is ready for joint operation by several operators. Commercial service is expected to start by January 15, 2012, with modems available in retail shops by various network partners.Novosibirsk is the third-largest city in Russia with a population of about 1.5 million. http://www.yota.ruEarlier this year, Yota announced agreements with Beeline, Megafon,...

Verizon Wireless Experiences Another LTE Glitch

Verizon Wireless experienced a nationwide disruption on its 3G and 4G in the early morning hours of Wednesday, December 21. The service was slowly being restored throughout the day. The company has not yet commented on the cause of outage or any potential customer credits.http://bit.ly/t75...

Infinera's CTO to Step Down

Drew Perkins will step down as Infinera’s chief technology officer to pursue other opportunities and will continue to support Infinera in a technical advisory role. Mr. Perkins is one of Infinera’s co-founders and has been at the company since 2001.Infinera said the office of the CTO will be assumed by Dave Welch, Executive Vice President and Chief Strategy Officer. A co-founder and current member of the Board of Directors, Dr. Welch was co-CTO for the four years after the company was founded. http://www.infinera....

JDSU Intros 40/100 G Test Solution

JDSU announced that a tier-1 service provider in North America has selected its new T-BERD/MTS-8000 V2 40/100 G Transport Module for field-test applications. The unit is designed for field turn-up and troubleshooting of Carrier Ethernet/packet transport, long-haul, and metro-core networks, as well as government telecommunication centers.The T-BERD/MTS-8000 V2 40/100 G solution can be used for testing OTU3 and OTU4 with 100 GE client, 40 and 100 G...

Telstra International Launches Global DDoS

Telstra International launched a Global Distributed Denial of Service (DDoS) Protection service provides for multinational customers.The service offers 'in the cloud' protection and mitigation of DDoS attack traffic, averting congestion of customer Internet connections and protecting customer web infrastructure, whilst legitimate, clean traffic is delivered to the customer. Telstra's Security Operations Centre (SOC) systems and staff will offer 24/7 monitoring, extensive analysis and highly effective mitigation and traffic cleaning through global...

December 20, 2011

Overture Announces Executive Changes Overture Networks announced that Kevin Sheehan, President, and Matt Squire, Chief Technology Officer, will be departing the company.“2011 was truly a pivotal year for us with the successful merger of Overture Networks and Hatteras Networks. Having fulfilled key roles during the integration of Overture and Hatteras, Kevin Sheehan and Matt Squire are departing the company,” said Jeff Reedy, CEO, Overture...

Monday, December 19, 2011

Qualcomm's Dr. Irwin Jacobs Steps Down

Dr. Irwin Mark Jacobs announced his intention to step down at the end of his current term on Qualcomm's Board of Directors.Dr. Irwin Jacobs served as chief executive officer from Qualcomm's founding on July 1, 1985 to its 20th anniversary, June 30, 2005 and as chairman from founding until March 2009. "When we first started Qualcomm, I told my wife Joan that, if we were lucky, we might grow to 100 employees," said Dr. Irwin Jacobs. "We clearly have surpassed that. I am immensely proud of the company we have built, its more than 22,000 employees,...

SingTel Launches LTE -- Top Speeds of 75 Mbps

Singapore Telecommunications (SingTel) officially launched its LTE mobile broadband service with coverage in the central financial district and other areas that experience high data usage such as: Shenton Way, Orchard, City Hall, Marina Bay, River Valley, Tanglin, Newton, Novena, Kallang, Rochor, Outram, Tanjong Pagar, Jurong West, Boon Lay, Bukit Panjang, Bedok and Changi. SingTel is also providing in-door LTE service in major shopping malls across...

Australia's Nextgen Networks Completes Blackspots Rollout

Nextgen Networks has completed its fibre rollout work under the Australian government's $250 million Regional Backbone Blackspots Program. The new build is key toward bringing the National Broadband Network (NBN) to the Northern Territory. http://www.nextgennetworks.com.au/In December 2009, the Australian government signed an agreement with Nextgen Networks to construct the new broadband backbone infrastructure under the $250 million Regional Backbone...