Australian telecommunications provider Eftel has successfully completed its purchase of ClubTelco, with the combined companies turning over more than $1 million a week from their 120,000 active accounts.
Under a new agreement announced today, GPU and chipset manufacturer NVIDIA will acquire Icera, a basedband processor developer, for a cash sum of US$367 million.
Telco connectivity wholesaler Vocus Communications has acquired data centre business Perth iX. This follows Vocus’s recent acquisition of 59 km of dark fibre in Sydney and Melbourne.
Global IT services company CSC will acquire Australian e-health solution provider iSOFT in order to strengthen its existing products and its healthcare integration and services portfolio.
The small but influential voice logging industry is undergoing change. Australian customers will still have options.
Tyco Electronics has announced plans to change its name to TE Connectivity, in order to better reflect its product range.
Under a new agreement, storage vendor NetApp will acquire external storage systems business Engenio from LSI for a total of US$480 million.
The acquisition of McAfee by Intel is complete with plans to tackle security in a completely different way.
BitGravity has been acquired by Tata Communications and becomes a Tata Communications operating business subsidiary.
Tyco Electronics has completed the acquisition of ADC Telecommunications, which means manufacturer ADC Krone on the Central Coast of NSW in Australia will be now known as Tyco Electronics.
CommScope, provider of infrastructure solutions for communication networks, has entered into a merger agreement with the Carlyle Group in a transaction valued at $3.9 billion.
CPS Technology Group, a provider of integrated contact centre, unified messaging and hosted cloud and on premise-based solutionst has acquired Accent Business Technology (Accent), a provider of business technology solutions specialising in unified communications, mobility solutions, corporate IT solutions, integrated communication solutions and managed services.
NSN has announced plans to acquire Motorola’s GSM, CDMA, WCDMA, LTE, and WiMAX wireless assets for $1.2 billion. NSN will acquire several R&D centres as part of the deal, and approximately 7500 Motorola employees are expected to be transferred to NSN. The companies expect to complete the acquisition by the end of 2010, subject to customary closing conditions including regulatory approval.
HP today announced it has completed its acquisition of 3Com Corporation at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion.
HP's long line of acquisitions has resulted in the addition of 3Com, which industry pundits say will create a networking industry powerhouse with an edge-to-data centre set of solutions with global reach. The acquisition includes H3C, the jointly owned company of Huawei and 3Com and TippingPoint, the network security company.