Topic: Corporate News
The new items published under this topic are as follows.
MARLBOROUGH, Mass. ? 3Com Corporation (Nasdaq: COMS) today announced that it plans to outsource all of its manufacturing and realign its product development and supply chain capabilities as part of its ongoing efforts to further improve efficiency and reduce cost.
RF Micro Devices Updates Quarterly Guidance for Expected Increases in Revenue, Gross Margin And Earnings
GREENSBORO, N.C., Sep 8, 2003 /PRNewswire-FirstCall via COMTEX/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, today announced the Company currently expects revenue, gross margin and earnings for its fiscal 2004 second quarter ending September 30, 2003 to exceed the Company's prior guidance provided on July 15, 2003.
ARMONK, N.Y. & KUALA LUMPUR, Malaysia -- Malaysia Airlines signed a 10-year information technology (IT) partnership agreement with IBM worth approximately RM440 million (approximately USD115 million). The aim of the partnership is to leverage the expertise of the global IT service provider to support Malaysia Airlines in meeting its future business and technology challenges.
NEW YORK -- The Board of Directors of Verizon Communications Inc. (NYSE:VZ) has declared a quarterly dividend of $.385 per outstanding share, unchanged from the previous quarter.
BEDMINSTER, N.J. and DALLAS, Tex. ? Verizon Wireless, operator of the nation?s largest wireless network with 34.6 million customers, has signed a multi-year agreement with Nortel Networks* [NYSE/TSX: NT] ? estimated to be worth US$1 billion ? for wireless infrastructure technology, including expansion and upgrade equipment for its nationwide, third generation (3G) voice and data network.
Sheffield, UK and PALO ALTO, Calif., Sept. 4, 2003 /Wi-Fi Technology News/- HP (NYSE:HPQ) has signed a definitive agreement to acquire Talking Blocks, a privately held Service Oriented Architecture and Web services management software company based in San Francisco.
Acquiring Talking Blocks furthers the HP Adaptive Enterprise strategy to help enterprises measure, architect and manage change by creating a tighter linkage between business and IT. Talking Blocks' standards-based Service Oriented Architecture helps companies integrate disparate internal systems and the systems of external business partners as well as manage Web services use in highly flexible environments.
Sheffield and Wellingborough UK, August 30 2003 /Wi-Fi Technology News/- Following a series of important design wins and significant sales growth in China and the Asia/Pacific region, leading UK miniature antenna manufacturer, Sarantel, has announced the formation of a Singapore-based subsidiary. The President of the new company, Sarantel Asia/Pacific Pte., is Joseph M. Murray, who brings over 20 years of experience in telecoms and cellular business development with AT&T and Lucent Technologies.
MILPITAS, Calif., Aug. 29 /PRNewswire-FirstCall/ -- Palm, Inc. (Nasdaq: PALM) today announced that it has completed a $19.1 million equity offering for 1.2 million shares of Palm common stock at $15.90 per share. The shares were issued today to institutional investors through Palm's existing $200 million shelf registration on file with the Securities and Exchange Commission.
and Munich, Germany /Wi-Fi Technology News/- The mobile phone segment of the mobile communication group at Siemens AG ? Siemens mobile for short ? is getting a new head. Rudi Lamprecht, head of Siemens mobile and member of the Managing Board of Siemens AG, today (August 29 2003) passed on global responsibility for the mobile phone business to Ian Moyes. The mobile phone segment is one of five divisions within Siemens mobile, the top revenue earning Siemens Operating Group. Latterly, Rudi Lamprecht was himself acting head of the division. Ian Moyes will take up his new position as of 1 September.
Acquisition will allow Agere to quickly provide leading PHY solutions for delivery of GbE speeds to enterprises over existing copper networks
ALLENTOWN, Pa. -- Agere Systems (NYSE: AGR.A, AGR.B) today announced that it has acquired Massana Ltd., a privately held developer of Gigabit Ethernet-over-copper physical layer device (PHY) technologies. With this acquisition, Agere expects to quickly deliver industry-leading Gigabit Ethernet (GbE) chips to address the transition of enterprise networks from Fast Ethernet to Gigabit Ethernet speeds.