Cisco Systems Inc. [CSCO] unveiled a $120 million deal Wednesday for Pure Networks Inc. to add the venture-backed target's home networking software to its Linksys business.The deal amounts to a...
Telecommunications equipment maker UTStarcom Inc. [UTSI] said Tuesday it is selling its personal communications division to AIG Vantage Capital, a unit of American International Group Inc., for about $240 million....
Telecommunications equipment maker Sonus Networks Inc. [SONS] has for so long graced the list of usual suspects in the telecom sector most likely to be acquired that it was...
Huawei Technologies Co., the Chinese maker of telecom gear, is reportedly exploring a majority stake in its handset business, which could be worth as much as $4 billion, in order...
Shares of network security firm SourceFire Inc. [FIRE] were slightly lower in early trading on Tuesday after the company said late Monday that John Burris would replace Wayne Jackson as CEO....
Cisco Systems Inc. [CSCO] on Tuesday said it would acquire DiviTech A/S, a Danish company that makes video delivery technology. The deal, which was made for an undisclosed price,...
Oppenheimer & Co. telecom industry analyst Ittai Kidron has downgraded struggling Motorola Inc. [MOT] to "underperform" from "perform" and is warning that the company's planned spin-off of its handset division...
Nortel Networks Corp. [NT] has waited so long for business conditions to improve so that it can go on the offensive and make some acquisitions that it has waited its way into...
It's increasingly clear that Motorola Inc.'s [MOT] plan to split into two companies to separate its ailing cell phone business from its other telecommunications equipment operations is not appeasing shareholders....
Companies' stocks often overreact to disappointing quarterly results, which is why it's wise to check back and see if the lower-than-expected revenues or income was really a sign of things...
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