Cisco Announces First Dividend in its History

For the first time since its IPO in 1990, Cisco will pay a quarterly cash dividend to its shareholders. A quarterly dividend of $0.06 per common share will be paid on April 20, 2011, to all shareholders of record as of the close of business on March 31, 2011. Future dividends will be subject to Board approval."As the role of the network expands across the IT sector, Cisco's leadership position in the markets we serve is strong, and the time is right...

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Telstra Postpones July 1 Vote on NBN Partnership

Due to ongoing negotiations, Telstra will not be able to complete work necessary to bring the proposed A$11bn deal with the NBN Co. to a shareholder vote on July 1. The company cited statutory requirements for the delay and said it is now looking for a later date. Telstra characterized the ongoing negotiations as continuing "to progress well."http://www.telstra.comIn February 2011, Telstra provided an update on negotiations with NBN Co. concerning...

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FCC Approves CenturyLink+Qwest Deal with Conditions

The FCC approved the pending merger of CenturyLink and Qwest Communications, with the following binding and enforceable conditions:Broadband adoption program for low-income consumersLaunch major broadband adoption program focused on connecting the millions oflow-income consumers in the combined company's 37-state territory.Offer qualifying households broadband starting at less than $10 per month and acomputer for less than $150, and keep the window...

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Xilinx Ships First 28nm FPGA

Xilinx has begun sampling its Kintex-7 K325T Field Programmable Gate Array (FPGA), marking the industry's fastest product rollout of next generation programmable logic devices built with 28nm technology. Xilinx said its Kintex-7 K325T device is the first FPGA in this class to deliver the highest number of channels per dollar at less than 12 watts of power for LTE wireless radio cards and next generation wireless base stations. Kintex-7 FPGAs...

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NETGEAR to Acquire Westell Technologies' CNS Business

NETGEAR will acquire the Customer Networking Solutions (CNS) division of Westell Technologies, which supplies broadband networking products to U.S. telecommunications service providers, for approximately $33.5 million in cash. The CNS family of products enable high-speed transport and networking of voice, data, video and other advanced services over existing copper and fiber. NETGEAR is acquiring a select team of Westell employees, including the CNS sales and marketing team, most of its customer base, its core CNS product and test engineering teams,...

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