Hovering around 86 cents, down from a 52-week high of $18.96 and an all-time peak of $124, shares of Nortel Networks Inc. [NT.TO] certainly look cheap. But that price may...
Nortel Networks Corp.'s [NT.TO] announcement Monday of a $3.4 billion third-quarter loss and plans to cut 1,300 jobs is, to say the least, anticlimactic. In the run-up to the...
After days of speculation, Brocade Communications Systems Inc. [BRCD] and Foundry Networks Inc. [FDRY] have agreed to revise terms of their acquisition agreement. Under the new terms, Brocade will...
Desperate times may in fact require desperate measures, but Nortel Networks Corp.'s [NT] move to put its Metro Ethernet Networks business up for sale is increasingly looking like the wrong deal at...
Cisco Systems Inc. is [CSCO] buying PostPath Inc. in a $215 million deal that the networking company said will expand its offerings of communications tools for enterprises, a line of business it...
Considering how often we've commented on Nortel Networks Corp.'s [NT] seemingly non-existent acquisition strategy, it's only fair to note that the telecom equipment giant is picking up the M&A pace, at...
Cisco Systems Inc. [CSCO] unveiled a $120 million deal Wednesday for Pure Networks Inc. to add the venture-backed target's home networking software to its Linksys business.The deal amounts to a...
Telecommunications equipment maker UTStarcom Inc. [UTSI] said Tuesday it is selling its personal communications division to AIG Vantage Capital, a unit of American International Group Inc., for about $240 million....
Telecommunications equipment maker Sonus Networks Inc. [SONS] has for so long graced the list of usual suspects in the telecom sector most likely to be acquired that it was...
Huawei Technologies Co., the Chinese maker of telecom gear, is reportedly exploring a majority stake in its handset business, which could be worth as much as $4 billion, in order...
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