Almost a year after Nortel filed for bankruptcy, we take a look at what’s left of the 114-year-old company that began as Northern Electric and Manufacturing to sell telephones to Canadians. All that remains are some patents and an IP phone joint venture with LG. Read More »
Tech
Ciena today beat out Nokia Siemens Network to buy bankrupt Nortel’s metro Ethernet business for $769 million, winning the bidding war for the assets that it began in October. A court will still have to approve the deal that will see Ciena, which makes fiber… Read More »
Ciena Corp., the Linthicum, Md.-based optical equipment maker, today announced that it’s in advanced discussions to acquire substantially all of the optical networking and carrier Ethernet assets of Nortel’s Metro Ethernet Networks (MEN) business. Nortel, which has been selling off its various divisions, first… Read More »
This big societal move to a more connected life is causing carriers to spend a lot of money upgrading (or building) new networks, even the smallest cable companies in the farthest corners of America. And for Mike Hatfield, that is great news. Today he announced that… Read More »
We have long talked about it, and now there are numbers to back it up: The global economic downturn has taken its toll on the telecom business. The entire telecom ecosystem — from broadband providers to equipment sellers — is in a world of a… Read More »
AT& T announced this morning that it is going to cut 12,000 jobs, or 4 percent of its workforce, joining a long list of companies that are making cuts in response to the economy’s growing woes. These job cuts are not a surprise, because… Read More »
I’m a geek groupie when it comes to technology. I can’t actually produce any of these life-changing products, but I can recognize something cool when I see it. And the 100-Gigabit data transfer demo that Ciena was showing off at SC 08 in Austin, Texas, today… Read More »
The folks in charge of the SC 08 conference being held in Austin, Texas, this week have trumpeted the phenomenal growth of the supercomputing show, with attendance up by almost 10 percent from the previous year, but I’m beginning to doubt that high-performance computing is driving… Read More »
Today Nortel named two of the customers deploying its new 40G optical long-haul network equipment, begging the question, Why the heck do we need those bandwidth caps? The short answer is, we don’t. Read More »
After a few quarters of nonchalant statements that the sub-prime mortgage crisis and rising oil prices weren’t going to affect the tech stocks, the bloom is off the rose. The lowered sales forecasts and lackluster quarters are trickling in, and the trend for wireless companies… Read More »
On the Internet, you can never be too fast or carry too much data, which is why Sprint is crowing about its plan to convert its core network to deliver data at 40 Gbps using the 40 Gigabit Ethernet technologies. The carrier will use Cisco and… Read More »
TechCrunch: Google, Microsoft Preparing Bids for Digg ArsTechnica: U.S. Rural Broadband, You Can Get it But You Can’t Afford It Light Reading: Appliance Vendors Don’t Fear Cisco Reuters: Ciena Quarterly Profit; Outlook Beat Expectations Fortune: Re-engineering HP Labs Gizmo News: Apple to Allow VoIP over… Read More »
