Telecommunications equipment industry
As the Florida tech industry continues to grow and expand, key leaders have made significant moves, signaling the state's position as a major player in the national market. Steve Raymund, chairman and chief executive officer of Tech Data Corp., has been appointed chairman of the management board of
Telecommunications equipment industry
Quantum Effect Design (QED) Inc. has announced that Lucent Technologies is using QED's RM7000 MIPS microprocessor in its PathStar Access Server, a cutting-edge product designed for network operators to offer low-cost, reliable local and long distance voice and data services over IP networks. The PathStar Access Server acts
Telecommunications equipment industry
Software makers have identified a serious vulnerability in the security standards used by most online commerce sites, but assures consumers that the issue has been resolved. The discovery was made by a team at Lucent Technologies' Bell Labs, with RSA Data Security Inc. providing the fix. The flaw, if
Telecommunications equipment industry
The partnership between Price Waterhouse and 3Com has marked a significant milestone in the entertainment and media industry by exploring the use of digital technology to better manage entertainment and media content. The collaboration aims to develop and demonstrate digital asset management solutions at the 3Com Multimedia Lab, which will
Telecommunications equipment industry
Investors anticipating increased demand for telecommunications equipment saw U.S. stocks rally Wednesday, with the Dow Jones industrial average rising 95.41 to 8,923.87. The acquisition by AT&T Corp. of Tele-Communications Inc. (TCI) sparked expectations of a more competitive industry, driving shares of equipment makers such
Telecommunications equipment industry
Lucent Technologies Inc. is expanding its presence in Japan by opening a second Bell Laboratories research and development facility in Makuhari, near Tokyo. This new lab will focus on developing new fiber-optic networking technology, with 30 to 60 new workers to be hired. Meanwhile, in a separate development, Serta Inc.
Telecommunications equipment industry
May & Speh Inc., a leading provider of information technology services, has secured a five-year pact with Monarch Life Insurance to sell mainframe management services. The deal, valued at multimillion dollars, marks a significant expansion of May & Speh's presence in the insurance industry. Meanwhile, Davox Corp. and
Telecommunications equipment industry
Cisco Systems Inc. has long held a near-monopoly in the data networking market, with a 70 percent market share in routers and related products and a stock market value of $79.3 billion. However, traditional telecom companies like Lucent Technologies and Northern Telecom of Canada are entering the data networking
Telecommunications systems
In a move to expand its global presence, Lucent Technologies Inc. has announced the acquisition of UK-based SDX Business Systems Plc for $202 million. The acquisition is expected to add strength to Lucent's product lineup and technology offerings. Meanwhile, May & Speh Inc. has acquired Sigma Marketing Group
Telecommunications systems
Atlanta will serve as the host city for the U.S. Hispanic Chamber of Commerce's annual convention, a significant event for the city's business community. The convention, scheduled for 2001, is expected to draw over 1,200 conventioneers and exhibitors, with the potential for up to
Telecommunications systems
Researchers at Lucent Technologies have successfully developed a new fiber-optic cable that can transmit data at a 50% higher wavelength, potentially leading to faster data transmission, enhanced phone and television services, and lower costs. The breakthrough, achieved by a team of 40 scientists at the company's Norcross plant,
Telecommunications systems
The US manufacturing sector experienced a decline in growth, according to the National Association of Purchasing Management's index, which fell to 51.4 in May from 52.9 in April. This unexpected decline has raised concerns about an economic slowdown due to Asia's financial troubles and
