Nortel Networks Corp. has concluded a successful auction of all of its remaining patents and patent applications. After a multi-day auction, a consortium emerged as the winning bidder with a cash purchase price of US$4.5 billion. The… [Full Story]
Latest News
Molex and Heilind partner to offer Flexi-Mate
Internconnect distributor Heilind Electronics has added Molex’s new Flexi-Mate line to its inventory of connectors. [Full Story]
First Communications expands its Toronto fiber route
First Communications, a regional communications provider, says it is now providing service to key financial sites within Canada through the expansion of its low-latency fiber route to Toronto. [Full Story]
Allstream expands Managed MPLS service for Fujitsu Canada
As part of a three-year agreement, Allstream is extending its Managed Multiprotocol Label Switching (MPLS) service to two additional Fujitsu Canada locations. [Full Story]
Doubling of world’s data equals ‘huge opportunities’ for IT, new study finds
Results of an EMC Corp.- sponsored IDC Digital Universe study, entitled Extracting Value from Chaos, has found the world’s information is more than doubling every two years, which is faster growth than Moore’s Law – with a colossal 1.8… [Full Story]
Ericsson to relocate Ottawa R&D facility
Ericsson Canada announced this week that it will relocate its Ottawa labs to a new facility. [Full Story]
Cogeco Cable acquires Quiettouch
Cogeco Cable Inc. this week reached a definitive agreement to acquire all of the shares of Quiettouch Inc. an independent provider of outsourced managed IT and infrastructure services to mid-market and larger enterprises in Canada. [Full Story]
Employee-owned CPI turns 20
Chatsworth Products Inc., celebrated 20 years of employee ownership this week. [Full Story]
Global optical networking market to be worth US$20 billion by 2016: Ovum
The global optical networking (ON) market will reach revenues of $20 billion by 2016, as the sector pulls itself out of the economic downturn, predicts Ovum in a new forecast. [Full Story]
CommScope buys wireless antenna manufacturer Argus
CommScope has signed an agreement to acquire Argus Technologies, a producer of antenna products for wireless applications. Terms of the agreement were not disclosed. [Full Story]
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