Telecommunications systems
The semiconductor industry experienced a significant boost on Tuesday, driven by a positive recovery forecast from analyst James Barlage of Lehman Brothers. The industry's leading stocks, including Intel, Applied Materials, and Micron Technology, saw substantial gains, with Intel gaining $2.93 3/4 to $130.43 3/4.
Telecommunications systems
In a series of major announcements, Lucent Technologies Inc. has agreed to buy Mosaix Inc. in a $145 million stock deal, expanding its presence in the customer relationship management market. Meanwhile, Nicor Energy LLC has secured a contract with The Valley Industrial Association to become the preferred natural gas supplier
Telecommunications equipment industry
Cognitronics Corporation, a leading manufacturer of voice information systems, has announced an agreement with Lucent Technologies, a major player in the telecommunications industry. As per the agreement, Lucent Technologies will purchase and resell Cognitronics' entire McIAS 6xx product line, expanding its capabilities in voice announcement, number change intercept, and
Telecommunications equipment industry
Fragility of online anonymity was highlighted in recent cases involving Raytheon employees whose business discussions on an internet forum were exposed due to the company's pursuit of company secrets. This has led to two worker resignations, sparking concerns about the ease with which anonymity can be compromised on
Telecommunications systems
Lucent Technologies has signed a three-year agreement with Cincinnati Bell to provide Intelligent Network (IN) hardware and software. This partnership will enable Cincinnati Bell to offer its customers advanced services such as custom announcements, call screening, voice dialing, and call waiting. The IN platform will be integrated into Cincinnati Bell&
Telecommunications systems
Ascend Communications, Inc., a leader in wide area network (WAN) and Intelligent Network (IN) solutions, announced that Deutsche Telekom AG, Europe's largest carrier, will provide customers implementing enterprise-wide telecommunications using the T-Net ATM Service with Ascend's SA Broadband Access products. This high-performance customer premises equipment will
Telecommunications systems
The Asia-Pacific region witnessed significant developments in technology and infrastructure in March 1999, with various countries showcasing innovative solutions and partnerships. This article highlights key events and takeaways from the region. China's Telecom Administration Bureau licensed three domestic companies, China Telecom, China Unicom, and China Jitong Co., to
Telecommunications systems
French carmaker Renault SA is planning to take a 35% stake in Nissan Motor Co. (TSE:7201) and will make an investment of between 640 billion yen (US$5.32 billion) and 700 billion yen at an exchange rate of 20 yen to the French franc. The two companies hope
Telecommunications equipment industry
Lucent Technologies has integrated third-party software from Trend Micro and Log-On Data Corporation into its Secure/VPN Solutions portfolio, enabling content security filtering to be an integral part of Virtual Private Networks (VPNs). This move includes anti-virus scanning and content security filtering, making it easier for customers to integrate Trend
Telecommunications equipment industry
In 1999, Asia was a hub of significant business activities, with various companies from different countries making headlines for various reasons. This included mergers and acquisitions, joint ventures, and major investments. South Korean conglomerate Samsung Group sold a 39% stake in its joint venture with GE Medical Equipment for $20
Telecommunications systems
The US stock market experienced a mixed day, with the Nikkei Stock Average rising 165.29 points to 15,261.99, while Wall Street saw declines on profit-taking and caution over high-technology sector earnings. The Dow Jones industrial average closed down 33.85 points at 9,693.76, with declines
Telecommunications equipment industry
McDonald's, the world-renowned fast-food chain, is forecasting a significant 16% growth in Mexico this year. This growth is largely attributed to the introduction of the "McMexicana" burger, a new offering that combines guacamole and cheese. According to the company, the McMexicana is expected to be a
