HP Names Bethany Mayer to Lead Networking Business

Hewlett Packard (HP)  announced it has appointed Bethany Mayer to serve as senior vice president and general manager of the HP Networking business unit, effective immediately. Mayer, who has served as the...

Digital Highway Wireless Solutions Signs on to the nPhase Alliance Partner Program

nPhase, a Verizon Wireless/Qualcomm joint venture, and Digital Highway Wireless Solutions (DHWS) announced that DHWS has signed on to the nPhase ONE developer program and through this relationship has created private...

Nokia Completes Symbian Transaction

Nokia announced  that it has completed the transaction to outsource its Symbian software development and support activities to Accenture. Under the agreement, Accenture will provide Symbian based software development and support services...

West Virginia Goes With Aviat Networks

Aviat Networks has announced that it has been selected by the State of West Virginia to expand their existing microwave network to provide high capacity IP transport connectivity, as part of the...

STMicroelectronics and Mobileye to Develop Third-Generation System-on-Chip Processor

STMicroelectronics and Mobileye announced that the two companies are co-developing the next generation of their System-on-Chip processor for the vision-based driver-assistance segment of the automotive market. The EyeQ3 and EyeQ3-Lite will...

HP To Build Data Center For China’s Range Technology

Hewlett Packard (HP) announced that technology services provider Range Technology has selected HP Technology Services to build an energy-efficient, cloud-based data center. The new facility will provide Range Technology’s government and enterprise...

HP Acquires Control of Autonomy

Holders of 213,421,299 Autonomy shares have accepted HP’s previously announced offer to purchase the entire share capital of Autonomy at a price of £25.50 per share in cash, representing approximately 87.34...

Nuance Closes Acquisition Of Loquendo

Nuance Communications has announced that the company has closed the acquisition of Loquendo, a wholly owned subsidiary of Telecom Italia. The joint organization will offer a broad, high-quality portfolio of voice and language...

Hitachi-LG Data Storage Pleads Guilty, To Pay $21.1 Million For Price Fixing

Hitachi-LG Data Storage has agreed to plead guilty and to pay a $21.1 million criminal fine for its participation in a series of conspiracies to rig bids and fix prices for the...

Intel Capital Invests $20 Million In Six Indian Companies

30 September 2011 Intel Capital, Intel’s global investment organization, has announced plans to invest around $20 million in six Indian companies. These companies are Saankhya Labs, Testing Czars, Financial Inclusion Network and Operations (FINO),...

General Dynamics Completes Acquisition of Vangent Holding

General Dynamics completed its acquisition of Vangent Holding, the parent company of Vangent, a provider of healthcare information technology and business systems to federal agencies.  The cash transaction, valued at approximately $960 million,...

Nokia To Fire 3,500 People; More Cuts Next Year

Nokia plans to close its manufacturing facility in Cluj, Romania, by the end of this year, said the Finnish giant, as Nokia’s high-volume Asian factories provide greater scale and proximity benefits. The company also...

KPMG Buys Optimum Solutions

KPMG announced it is acquiring Optimum Solutions, an Oracle Platinum Partner, strengthening KPMG's ability to help clients use technology to transform key operations such as human capital management (HCM), finance and accounting, business intelligence and...

ZocDoc Receives $75 Million Series C Funding From Goldman Sachs

ZocDoc, a service dedicated to improving access to healthcare, announced it has received a Series C investment from Goldman Sachs, bringing the Series C investment in ZocDoc to $75 million, following a...

China’s Renren Pays $80 Million Cash For 56.com

Renren, a Chinese real-name social networking internet platform, announced that it has entered into a definitive agreement to acquire 100 per cent of 56.com, a user-generated content (UGC) online video sharing site...