Topic: Corporate News
The new items published under this topic are as follows.
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.
OTTAWA, ONTARIO (July 25, 2003) ? BreconRidge Manufacturing Solutions Corporation (?BreconRidge?), a top 50 global electronics manufacturing services (?EMS?) company, announced today that it has signed a definitive agreement to acquire certain assets of the High-Speed Modules business unit of Nortel Networks (NYSE/TSX:NT). The transaction is expected to close in mid-August 2003. The assets to be acquired relate to the design, development, manufacturing, test and sale of high-speed modules applicable to optical and wireless transmission systems, satellite communications systems, radar systems for the defense industry and other microelectronics applications with speeds greater than 10 Gbit/s.
MICROSOFT SELECTS SYMBOL TECHNOLOGIES PPT 8800 HANDHELD COMPUTER FOR REAL-TIME REGISTRATION SYSTEM AT ITS WORLDWIDE EVENTS
HOLTSVILLE, N.Y. - August 25, 2003 - Symbol Technologies, Inc. (NYSE: SBL), a global leader in enterprise mobility solutions, and Microsoft Corp. (Nasdaq "MSFT") today announced that the Microsoft? Global Marketing Platform team will deploy Windows Mobile(tm)-based wireless enterprise PDAs from Symbol to expedite registration at Microsoft Sales and Marketing events around the world. The Symbol mobility solution will be rolled out to Microsoft marketers worldwide over the next several weeks. This marks the first implementation of the Symbol PPT 8800 with the newly released Windows Mobile 2003 software for Pocket PCs.
Siemens to invest more than US$ 110 million in research and development for Mobile Phones business in Brazil!
Manaus becomes fifth global R&D center for Mobile Phones ? Production of Cordless Phones successfully started ? Production of Wireless Modules starts in Autumn 2003
S?o Paulo, Brazil August 21 2003 via /Wi-Fi Technology News/- The mobile communication group at Siemens AG ? Siemens mobile for short - will invest more than US$ 110 million in research and development (R&D) for mobile phones in Brazil within the next five years. This is globally the fifth R&D center for mobile phones and will be fully integrated into the existing Global Network of Innovation. Siemens mobile is market leader for GSM phones and mobile infrastructure in Brazil and started local mobile phones production in the year 2000. A couple of weeks ago the production of cordless products has successfully started in the country as well. By Autumn 2003 the local wireless modules production will also start. With its regional strategy Siemens mobile plans to continue its success in Latin America.