The stagnant telecom equipment market received a major boost with Verizon Wireless' award of a three-year, $6 billion contract to its primary network infrastructure provider, Alcatel-Lucent. Under the contract, Alcatel-Lucent will supply a range of equipment, software and services to support Verizon...
Information technology service management -- how IT is delivered inside an enterprise as a service -- and a related area, the quickly evolving Information Technology Infrastructure Library, form complementary trends that are helping to mature IT as a customer-focused, quality-of-service activity. IT...
As the Microsoft v. AT&T case wound its way through the U.S. court system, warnings abounded that an adverse ruling could seriously complicate software companies' global manufacturing and sales strategies. This theory was reinforced by a federal court jury decision, which ordered Microsoft to pa...
A federal jury has ordered Microsoft to pay $1.52 billion to Alcatel-Lucent for infringing on two patents that convert audio into the digital MP3 file format. One of the largest patent awards on record, Microsoft has said the ruling could also impact companies that have licensed this technology, inc...
In a move that demonstrates consolidation among players in the burgeoning world of Web 2.0 development, Cisco Systems paid $135 million to buy Reactivity, an XML specialist that's been selling products for only about five years. Cisco, in announcing the acquisition, said its clients -- as well as ma...
Alcatel-Lucent, the telecom gear-making giant created by their recent merger, said Friday it would slash its payroll by 3,500 more workers than previously planned after posting a sizeable loss for the fourth quarter. The Paris-based company reported earnings for the first time since the $11.4 billio...
With the December announcement that NDS, a provider of technology solutions for digital pay-TV, acquired Jungo, a residential gateway software provider, we're continuing to witness consolidation in the market to deliver complete end-to-end access and service-provider solutions. The purchase also rea...
Telecommunications gear maker Ericsson said Tuesday it would buy Redback Networks, which makes routers used by telecom carriers to direct data traffic, for US$2.1 billion. Sweden-based Ericsson said it would pay $25 in cash for each of share Redback stock, an 18 percent premium over Tuesday's closin...
France-based telecom giant Alcatel said Friday it had reached an agreement to acquire the Universal Mobile Telecommunications wireless access business unit of Nortel in a deal valued at about US$320 million. The deal is aimed at boosting Alcatel's profile in the wireless broadband space, and represe...
Lucent Technologies warned Monday that lower sales in North America would cause its revenue and profit to drop from a year ago for the quarter that ended in June. Murray Hill, N.J.-based Lucent -- which agreed to be bought by Alcatel of France earlier this year in a deal worth US$13.45 billion -- sa...
Powerhouse telecom providers Nokia and Siemens intend to merge their telecom networks businesses to create one of the largest entities in the industry. The 50-50 US$30 billion joint venture, Nokia Siemens Networks, is expected to generate $20 billion a year in revenue. More significantly, the merger...
Microsoft is reviewing a lawsuit filed against it by Lucent Technologies. The suit alleges that Microsoft's Xbox 360 video game console contains technology that infringes on a Lucent patent. Lucent filed the suit in the U.S. District Court in San Diego on March 28. The company is seeking an injuncti...
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