Friday, March 28, 2014

China Mobile Awards EUR 750 Million Contract to ALU

China Mobile has awarded a one-year comprehensive frame agreement valued at up to Euro 750 million to Alcatel-Lucent to provide technology that will move the world’s largest mobile service provider to an all-IP ultra-broadband network paving the way for future network functions virtualization (NFV) and cloud-based services. Alcatel-Lucent said the deal makes it a key provider of technology ranging from IP networking to ultra-broadband access ,...

Aerohive Completes IPO

Aerohive Networks completed an initial public offering  and its shares began trading on the New York Stock Exchange (NYSE) under the ticker symbol "HIVE". Aerohive specializes in controller-less Wi-Fi and cloud-managed mobile networking for the enterprise market.  The company claims deployments in over 13,000 enterprises worldwide. Aerohive was founded in 2006 and is headquartered in Sunnyvale, California. http://www.aerohive....