Topic: Corporate News
The new items published under this topic are as follows.
HERNDON, Va., August 8, 2003 ? DigitalNet Holdings, Inc. today announced it has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock. All of the shares being offered are being sold by the company and no existing stockholders are selling shares in the offering.
Membership in Wi-Fi Testing Organization Demonstrates Leadership and Commitment to the Market
SYBASE TECHWAVE USER CONFERENCE, ORLANDO, Fla. ? August 4, 2003 ? Further demonstrating its commitment to the fast-growing Wi-Fi market, Sybase, Inc. (NYSE: SY), today announced that it has joined the Wi-Fi Alliance, a non-profit organization formed to consolidate wireless LAN standards. By joining the Alliance, Sybase?the leading provider of software for the unwired enterprise?deepens its involvement in the Wi-Fi market and takes an active role in the establishment of industry-wide standards and product interoperability. As one of the first enterprise software providers to join the Alliance, Sybase?s membership highlights the importance of software as well as hardware in enabling successful Wi-Fi solutions.
Aruba Wireless Networks To Offer Free Wi-Fi To Event And Conference Organizers Around The World
SAN JOSE, CA ? August 4, 2003 ? Aruba Wireless Networks today introduced ?Wi-Fi It? the first-of-its-kind program that offers Wi-Fi switching equipment and services at no cost to qualified event organizers around the world.
Under the Wi-Fi It program, Aruba Wireless Networks will provide WLAN switching gear, access points and on-site support personnel to qualified event organizers who want to bring attendees secure mobile connectivity in order to give them the most productive event experience possible.
Additional Contract with China Netcom Provides 100,000 IP-Based ADSL Lines for Three Northern Provinces
ALAMEDA, Calif., Jul 31, 2003 /PRNewswire-FirstCall via COMTEX/ --
UTStarcom, Inc. (Nasdaq: UTSI), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has been awarded its second major IP-DSLAM contract with China Netcom Corporation (CNC) to deploy over 100,000 lines of its AN-2000 IB(TM) IP-based DSLAM solution in ten major cities in the Inner Mongolia, Shandong, and Shanxi Provinces. This contract follows on the heels of its first DSLAM win with China Netcom announced in March 2003.
August 4 2003 /Wi-Fi Technology News/- Around 4,000 of Bolton Metropolitan Borough Council?s staff regularly use IT systems to enable them to provide essential services to over 261,000 local residents. In order to focus on its core business, Bolton MBC has outsourced its desktop, server and mid-range infrastructure along with email, network support, internet access, applications and helpdesks used by the council employees to Fujitsu Services, in a contract worth ?13 million over the next seven years.
Eur 1 billion in cost reductions, 2,300 jobs to be cut
August 4 2003 /Wi-Fi Technology News/-
Given the sustained weakness of the market, Siemens mobile, the mobile communications arm of Siemens AG, intends to take steps to increase its productivity. These steps call for an additional ? 1 billion in cost reductions throughout the entire group by year-end 2004. The intended adjustments to its resources also include a reduction in force. Some 2,300 jobs, including 500 in Germany, are slated to be cut by the end of the coming fiscal year. Details are currently being discussed with the appropriate committees and other bodies. At the same time, the group intends to expand its market share in mobile communication networks through further investments in UMTS. ?The world market for mobile communication networks had already declined by 15 percent last year.
Revenues of $31.0 million; Company Achieves Breakeven Operating Cash Flow
Tel ? Aviv, Israel, July 30, 2003 ? Alvarion Ltd. (NASDAQ: ALVR), a leading provider of Wireless Broadband solutions for carriers and service providers, today announced financial results for the second quarter and six months ended June 30, 2003.
U.S. District Court Issues $4.26 Billion Judgment Against Uzan Family of Turkey for Perpetrating Massive Global Fraud
Landmark Decision Supports Motorola Claim That Defendants ?Perpetrated a Huge Fraud?
Motorola To Continue Pursuing All Actions Necessary To Stop Uzans
From Further Perpetrating Global Fraud
Schaumburg, Ill., July 31, 2003 ? Motorola, Inc. (NYSE:MOT) today announced that the Honorable Jed S. Rakoff of the United States District Court, Southern District of New York issued a $4.26 billion judgment against the Uzan family of Turkey for perpetrating a massive fraud against Motorola. Further, Judge Rakoff found the defendants in contempt of court and ordered that: ?unless and until defendants purge their contempts, the individual defendants, if found within the jurisdiction of the United States, will be immediately arrested and held in confinement until such time as they comply with the directives of the Court?s? prior orders.
Purchase Enhances TI's RF Capabilities for Multi-band 802.11 Products
DALLAS (July 30, 2003) - Texas Instruments Incorporated (TI) (NYSE: TXN) today announced that it has acquired Radia Communications, Inc. Based in Sunnyvale, California, Radia is a fabless semiconductor company specializing in the development of radio frequency (RF) semiconductor, subsystem, signal processing and networking technologies for 802.11 wireless local area networking (WLAN) multi-band/multi-mode radios. TI's customers now have a single source for their WLAN media access controller (MAC), baseband and RF, reducing their time to market for 802.11a/b/g products and for broadband, wireless and consumer devices that include 802.11.
EVERETT, Wash., July 29, 2003 ? Leading supermarket retailer Tesco has announced it is to purchase nearly 10,000 of Intermec?s market leading handheld computer device, the 700 Series Color, for use throughout its UK store network. A powerful, reliable and easy-to-use handheld computer, the Intermec 700 Series Color offers exceptional flexibility and functionality designed for supplying real-time information across businesses.