Sprint Sets Clearwire Deal at $2.97 per share

Sprint agreed to pay  $2.97 per share for remaining shares of Clearwire that it does not already own.  The deal, has been accepted by Clearwire's Board of Directors, equates to a total payment of $2.2 billion for the outstanding 50% equity stake, and results in a total Clearwire enterprise value of approximately $10 billion, including net debt and spectrum lease obligations of $5.5 billion.  Sprint said itss Network Vision architecture...

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Ericsson Builds Connected Vehicle Cloud for Volvo

Volvo Car Group has selected Ericsson to provide systems integration and managed services for a global cloud delivering information, navigation and entertainment to its new cars. Ericsson's Connected Vehicle Cloud will allow drivers, passengers and the car to connect to services available in the cloud.  Volvo plans to establish agreements with content providers such as Internet radio providers, road authorities, cities' governments, toll-road...

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T-Systems Simplifies its Structure for Cloud Agility

T-Systems, the systems integration business of Deutsche Telekom, will be simplifying its organizational structure from four business areas to two: Sales and Delivery. T-Systems said it is taking this approach to improve agility in helping its enterprise customers adapt for the cloud. “An increasing number of corporate customers are using the cloud for their core business. The extension of the contract with Shell is a good example of this. That’s...

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Zayo Fiber Reaches All CoreSite Data Centers

Zayo Group has extended its fiber-based services to all CoreSite data centers in nine markets throughout North America. Zayo's full suite of lit services is now available at each CoreSite location, including wavelengths, Ethernet, and IP services. Additionally, Dark Fiber, with diverse routes and facility entrances, is available at each CoreSite location except Miami. Zayo brings an average of over 600 fibers into each facility.  Zayo's 67,000-route...

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Blue Coat to Acquire Crossbeam

Blue Coat agreed to acquire Crossbeam Systems for an undisclosed sum.  Blue Coat specializes in web security and optimization while Crossbeam supplies scalable network security systems.  Crossbeam is best known for its X-Series network security platform or network operators.  The company is based in Boxborough, Mass. and has more than 200 employees worldwide. “Our service provider and enterprise customers are excited we...

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Cisco Completes Acquisition of Cariden

Cisco completed its acquisition of privately held Cariden Technologies, a provider of network planning, design and traffic management solutions for telecommunications service providers, for approximately $141 million in cash and retention-based incentives.Cariden's network planning and design tools help service providers to enhance the visibility, programmability and efficiency of their converged networks, while improving service velocity. Cariden's...

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Akamai's Chief Scientist to Take CEO Helm

Dr. Tom Leighton, Akamai's co-founder and Chief Scientist, will succeed Paul Sagan as the company's CEO.  Sagan announced earlier this year that he intended to step down. Leighton has been the technological visionary at Akamai since its founding in 1998.  Prior to founding Akamai, Dr. Leighton was a Professor of Applied Mathematics at MIT and a member of MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL). Dr. Leighton...

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Windstream Builds Data Center in Durham, N.C.

Windstream Hosted Solutions plans to construct a Tier III enterprise-class data center in Durham, N.C.   The new 22,000-square-foot facility (expandable to 88,000 square feet) is scheduled to open in 2013. Windstream Hosted Solutions currently operates two other data centers in the Raleigh-Durham area.  the company cites demand for robust cloud computing solutions and managed services. http://www.windstream.c...

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Chelsio Releases Unified Wire API for 40/100G Ethernet

Chelsio Communications, which supplies 10Gb Ethernet adapters, introduced its Unified Wire API for 40G and 100G speeds. The standardized API can run unmodified Fibre Channel and InfiniBand applications concurrently over Ethernet, while future protecting all OEM software investments. All software written to this API will be portable across future generations of Chelsio ASICs. http://www.chelsio....

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Alcatel-Lucent Selected for GPON and VDSL2 in Tunisia

Tunisiana has awarded a four-year contract to Alcatel-Lucent to build a wireline broadband access network. Tunisiana, which is Tunisia’s largest mobile operator and part of the Qtel Group, plans to launch wireline services beginning next year. The contract covers designing, building, managing and maintaining the network. Included in the package are Alcatel-Lucent’s GPON and VDSL2 broadband access products, along with its Motive customer experience...

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