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USD enjoys boom in...

2015-04-12 02:56:40| Semiconductors - Topix.net

USD senior Troy Zawlacki, left, and Ming Huang, right, the Chairman of the Board for Mechanical Engineering, show some of the latest tooling equipment in the new Shiley-Marcos School of Engineering to board members David Padgett, center left, and Phillip Young, center right. - Peggy Peattie USD senior Troy Zawlacki, left, and Ming Huang, right, the Chairman of the Board for Mechanical Engineering, show some of the latest tooling equipment in the new Shiley-Marcos School of Engineering to board members David Padgett, center left, and Phillip Young, center right.

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AT&T to pay USD 25 mln to settle data breach case

2015-04-09 09:02:00| Telecompaper Headlines

(Telecompaper) AT&T Services has agreed to pay USD 25 million to settle an investigation into consumer privacy violations at its call centres in Mexico, Colombia, and the Philippines. The data breaches, dating from 2013 and 2014, involved the unauthorised disclosure of almost 280,000 US customer names, full or partial Social Security numbers, and to protected account-related data known as customer proprietary network information (CPNI).

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Infinera to buy Transmode for USD 350 mln

2015-04-09 08:50:00| Telecompaper Headlines

(Telecompaper) Infinera announced an agreed offer to acquire Transmode for USD 350 million. Sweden-based Transmode offers a range of metro core, edge and access equipment that will allow Infinera to address the entire end-to-end WDM market and to capitalize on the growth in 100G metro aggregation deployments. Transmode's products cover application specific features including broadband aggregation, mobile backhaul and fronthaul along with business Ethernet MEF certifications. Transmode is positioned primarily in metro applications in Europe, while Infinera is mainly active in long-haul and metro cloud, particularly in North America. Transmode shareholders will receive SEK 300 cash and 4.705 Infinera shares for every 10 shares of Transmode held, valuing the company at SEK 109 per share. This is a 46 percent premium on Transmode's average share price in the past six months. Infinera will pay a total USD 99 million cash and issue 13 million new shares. Transmode shareholders will own 8.7 percent of the combined company. Transmode's board supports the bid and its largest shareholder Pod with 33 percent of shares also agreed to tender its stake. The takeover is expected to close in the third quarter. 

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Global consortium, NEC begin construction of USD 250 m SEA-US cable system

2015-04-02 19:58:22| Airlines - Topix.net

A global consortium of telecommunications companies, formed to build and operate the South-East Asia - United States submarine cable system, officially announced the start of the construction of the landmark project, the first to directly connect Indonesia with the United States. NEC Corporation and NEC Corporation of America are the system suppliers for the US $250 million project that is expected to be completed in the fourth quarter of 2016.

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Microsoft unveils USD 499 Surface 3 tablet

2015-04-01 08:46:00| Telecompaper Headlines

(Telecompaper) Microsoft has unveiled the Surface 3, a new hybrid tablet/laptop aimed at consumers that comes with a starting price of USD 499. Unlike the Surface 2, the new model runs a full copy of Windows 8.1 and Microsoft is claiming that it's the lightest and thinnest tablet the company has ever released. The Surface 3 is powered by Intel's recently announced quad-core Atom X7 processor, which includes the Broadwell GPU, and comes with a ClearType HD multitouch display with 1920×1280 resolution. It also offers a full-size USB 3.0 port, a Mini DisplayPort, a microSD card reader, and a Micro USB charging port. Microsoft is claiming "up to 10 hours" of video-playback battery life. The standard Surface 3 is priced at USD 499, while the Surface 3 with 4G costs USD 599. Both versions come with 2GB of RAM and 64GB of storage, but 4GB RAM and 128GB storage versions are also available for USD 599 for standard Wi-Fi or USD 699 for 4G. The tablet is available for preorder today via the Microsoft Store and at select retail stores in 26 countries and will ship on 05 May. The company has also confirmed that the 4G version will be available through T-Mobile and Verizon in the US "later this year."

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