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Hewlett Packard acquires Aruba Networks

2015-03-02 21:42:58| IT Services - Topix.net

The deal will expand HP's presence in the mobile market, supporting faster speeds and access to cloud applications. Each company's board of directors has approved the deal.

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HP buys Aruba Networks for $2.7 billion

2015-03-02 21:17:43| Wireless - Topix.net

Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011. Aruba, based in Sunnyvale, Calif., makes Wi-Fi networking systems for shopping malls, corporate campuses, hotels and universities.

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Pembroke Advanced Communications upgrades IPTV with Inca Networks

2015-03-02 18:00:50| Digital TV News

Inca Networks has announced that triple-play provider, Pembroke Advanced Communications (PAC), has implemented Inca's Intelligent Video Delivery platform to upgrade their digital MPEG-4 HD/SD TV service.

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HP to acquire Aruba Networks for USD 3 billion

2015-03-02 16:53:00| Telecompaper Headlines

(Telecompaper) HP has confirmed an agreement to acquire Wi-Fi equipment specialist Aruba Networks for USD 3.0 billion. Net of Aruba's cash and debt, the price totals USD 2.7 billion. Aruba and its 1,800 employees will join HP's Enterprise Group. Aruba's CEO Dominic Orr will lead the new unit focused on enterprise campus networking equipment, and HP will continue to use the Aruba brand. Aruba had revenues of USD 729 million in fiscal 2014 and has reported compound annual revenue growth of 30 percent over the last five years. HP said it will also leverage Aruba's highly regarded innovation engine and specialized sales, marketing and channel model. HP expects the acquisition to be accretive to earnings in the first full year following close. The transaction is expected to close in the second half of HP's fiscal year 2015, subject to Aruba stockholder approval and regulatory approvals in the US and other countries.

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Orion Telekom launches IPTV in Serbia with Cambium Networks

2015-03-02 14:30:26| Digital TV News

Cambium Networks and Orion Telekom have announced that they have transitioned more than 4,000 customers in Serbia to networks serviced by Cambium Networks' ePMP platform. ePMP allows Orion to offer broadband services such as OTT streaming video.

Tags: networks telekom serbia launches

 

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