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Bidders line up in Nortel network arm sale
...group, which is 51 per cent owned by Gores.Nortel's main business units are being sold off after the company, once Canada's technology flagship, filed for bankruptcy protection in January after its customers cut back their capital expenditure in the face of...
Avaya to buy Nortel enterprise unit
Avaya, the manufacturer of corporate phone systems and software, is to acquire Nortel Network's corporate networking...shares of its government solutions and DiamondWare voice technology businesses.Nortel, the Canadian telecommunications equipment...
US stocks follow commodities lower
...the world's largest money manager with $3,000bn under management, was preparing to create its own global trading platform. Technology stocks mitigated losses from commodity stocks throughout the day. Palm, the smartphone maker, priced its 20m share offering...
Clever wheezes do not mend banks
...bond market saw $4bn of new issuance - from the likes of such leveraged credits as HCA,Crown Castle International and Seagate Technology. There were two initial public offerings as well;Rosetta Stone, a language software company, rose nearly 40 per cent on its...
Russia's bold Opel gambit
...a deal that could bring much-needed technology to revive its car industry.Eight months...will definitely be a beneficiary if technology transfers from Magna and GM's European...has long favoured bringing western technology to Russia to help the economy diversify...
Taiwan Memory chooses Elpida as tech partner
...produce products using the newly developed technology, which Taiwan Memory would then sell to...product," he said.Mr Hsuan said US-based Micron, the world's fourth biggest D-ram maker...joining Taiwan Memory's development efforts. Micron, however, still needs approval to do so...
Micron rules out joining Taiwan D-ram plan
...transfer advanced foreign D-ram technology to Taiwan - the task allocated...under the restructuring plan.Micron's announcement all but rules...process of transferring technology from Micron. "Without our own technology, we would not have been...
Surge of goods for sale sparks Ebay crash and compensation claims
Ebay became a victim of its own success at the weekend after a surge in the number of items for sale caused the world's
Micron reports $52m loss
Micron Technology, the memory chipmaker, reported a second-quarter...quarter and the second, ending March 30.Micron reported sales of $1.43bn and cash on hand...second-quarter loss of just one cent per share.Micron said sales of its CMOS image sensors had...
Wireless technology growth boosts Verizon
More evidence of the readiness of US consumers to defy the recession to acquire the latest wireless phone technology was provided on Monday by Verizon Wireless and RadioShack.Verizon Wireless - the largest US mobile phone carrier company that is...
