AT&T Corp. through its division AT&T Wireless Group Inc., and software vendor Siebel Systems Inc., has launched a strategic partnership, the companies announced Monday.
Infineon Technologies AG, the integrated circuit maker whose parent company is German conglomerate Siemens AG, has agreed to purchase U.S.-based Catamaran Communications Inc. in an all-stock deal valued at US$250 million, Infineon announced Monday.
French telecommunication equipment maker Alcatel SA said Friday that it has made a bid to buy Lucent Technologies Inc.'s fibre-optic business, but according to a report published Friday in The Wall Street Journal newspaper, those talks have broadened to include the possibility of a full merger between the two companies.
Optical networking equipment manufacturer JDS Uniphase Corp. will cut 5,000 jobs, or 20 per cent of its work force, under a restructuring proposal announced Tuesday.
IBM Corp. on Thursday strongly denied European media reports it is ready to wholly integrate the corporate identity and staff of Lotus Development Corp. into Big Blue, saying instead that the company is still studying what to do with its groupware subsidiary.
South African-based Dimension Data Holdings PLC (Didata) has agreed to buy North Carolina-based systems integration company, Premier Systems Integrators LLC in a US$138 million cash deal, the companies announced Thursday.