Friday, February 10, 2017

Nokia to Acquire Comptel, Furthering its Software Portfolio

Nokia agreed to acquire Comptel Corporation, a telecom software company based in Helsinki, Finland, for approximately EUR 347 million in cash. Comptel offers solutions for catalogue-driven service orchestration and fulfillment, intelligent data processing, customer engagement, and agile service monetization. It processes 20 percent of world's mobile usage data every day, orchestrates communications and digital services for more than two billion...

GlobalFoundries Ramps Up Manufacturing

GLOBALFOUNDRIES announced an expansion of its global manufacturing footprint in response to growing customer demand. The company is expanding its leading-edge fabs in the United States and Germany, expanding its footprint in China with a fab in Chengdu, and adding capacity for mainstream technologies in Singapore. In the U.S., GF plans to expand 14nm FinFET capacity by an additional 20 percent at its Fab 8 facility in New York, with the new production...