Electronics industry
A class action lawsuit was filed on behalf of investors who purchased Redback Networks, Inc. securities during a specific period, alleging that the company's financial results were artificially inflated due to a sales pact with Qwest Communications and subsequent SEC investigation. The lawsuit seeks to recover damages on
Gas industry
Prominent companies in the Calgary resources and energy industry are converging on the city for meetings and presentations, highlighting significant events and developments in the sector. Key stakeholders from across the country will gather to discuss the future of energy production and collaboration. Key Takeaways: * Atco Ltd. will host a
Telecommunications equipment industry
InterVoice, Inc. has established a significant business relationship with DSC Communications Corporation through the signing of an Original Equipment Manufacturer (OEM) Agreement. Under the terms of the Agreement, InterVoice will supply automated call processing systems to DSC as an Intelligent Peripheral/Service Node for use in Advanced Intelligent Network (AIN)
Telecommunications equipment industry
Syntellect Inc., a global provider of voice processing solutions, has announced the sale of its Dytel product line to Dytel Inc., a newly formed company based in Wood Dale, Illinois. Under the terms of the agreement, the buyer receives the Dytel name, related trademarks, and the equipment necessary to sell
Telecommunications industry
A major Japanese trading house, Itochu, is exploring the possibility of establishing a national cable television network in a joint venture with four major US and Japanese companies. The proposed project aims to create a cable network reaching 2 million people, or roughly 10% of Japan's estimated 20
Telecommunications industry
Italian state telecommunications giant STET and German electronics group Siemens AG have unveiled a deal to create a telephone equipment company expected to have annual revenue of about $2 billion (U.S.). This announcement ends months of speculation over STET's foreign partner in its bid to become a
