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February 24, 2014
06:32 EDTERIC, NOK, ALU, IBM, ACNEricsson after more revenue from network equipment services, Bloomberg says
Ericsson (ERIC) CEO Hans Vestberg, wants his company to be more than a supplier of base stations and antennas, it also wants to partner with firms and run and maintain everything from phone networks to computer systems, while providing consulting and software, reports Bloomberg. The competition is stiff. The nearly $300B that phone carriers spend each year on services attracts rivals Nokia Oyj (NOK) and Alcatel-Lucent (ALU), as well as IIBM (IBM) and Accenture (ACN). Reference Link
News For ERIC;NOK;ALU;IBM;ACN From The Last 14 Days
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September 15, 2014
07:45 EDTNOKNokia upgraded at Oppenheimer
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07:22 EDTIBMAir Force Association to hold a conference
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07:19 EDTIBMSNIA to hold a conference
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07:07 EDTNOKNokia upgraded to Outperform from Perform at Oppenheimer
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September 12, 2014
07:05 EDTERICEricsson agrees to acquire Fabrix Systems for $95M
Ericsson announced it has entered into an agreement to acquire Fabrix Systems, a leading provider of cloud storage, computing and network delivery for video applications that today power some of the most advanced cable and telecom cloud DVR deployments. Fabrix Systems further extends Ericsson's leading TV and media portfolio with a cloud based scale out storage and computing platform focused on providing a simple, tightly integrated solution optimized for media storage, processing and delivery applications such as cloud DVR and video-on-demand expansion. Fabrix Systems was founded in 2006 with offices in the US and Israel and brings a team of highly skilled cloud computing software engineers. The company has 103 employees. The purchase price for 100% of the shares in Fabrix Systems is $95M. The acquisition is expected to close in the Q4, subject to customary closing conditions. Fabrix Systems will be incorporated into Business Unit Support Solutions.
07:01 EDTERICIDT Corp to sell Fabrix Systems to Ericsson
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September 10, 2014
13:15 EDTNOKMicrosoft to replace Nokia, Windows Phone brands, GeekOnGadgets.com says
Microsoft plans to stop using the "Nokia" and Windows Phone brands from their devices this holiday season, reports GeekOnGadgets.com. Citing a confidential internal Microsoft document, the branding will be replaced by the standard Windows logo alongside the phones. Reference Link
12:06 EDTERICEricsson, SAP announce solution for enterprise mobility management
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07:41 EDTALUBofA/Merrill to hold a conference
European High Yield & Loans Conference 2014 to be held in London, England on September 10.
07:33 EDTNOKW.P. Carey completes sale-leaseback with Nokia in Poland for $13M
W. P. Carey's (WPC) managed non-traded REIT CPA:17 Global has completed a sale-leaseback with Nokia Solutions and Networks, a subsidiary of Nokia (NOK). The office/R&D facility is located in Krakow, Poland and was acquired for approximately $13M.
September 9, 2014
08:03 EDTIBMAspera, EVS and Elemental deploy HD live video streaming cloud system
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07:29 EDTERIC, ALUUBM Canon to hold a summit
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07:28 EDTALU, ERICThe Money Event, Inc to hold a conference
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07:17 EDTNOK, ERICThe Wireless Association to hold a conference
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07:11 EDTERIC, ALUUBM Tech to hold a conference
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September 8, 2014
10:04 EDTALUAlcatel-Lucent sees commercial release of Enterprise Small Cells in early 2015
Alcatel-Lucent (ALU) has announced that it will introduce its new Enterprise Small Cell device at the beginning of 2015. In collaboration with Qualcomm Technologies, a subsidiary of Qualcomm (QCOM), Alcatel-Lucent is developing a small cell solution that will allow operators to extend superior 3G, 4G LTE and Wi-Fi connectivity and coverage into the office for in-building customers. The rapid development of the solution has led the company to extend its plans to include LTE and multi-standard residential cells, Alcatel said.
08:03 EDTACNGeneral Electric, Accenture launch Intelligent Pipeline Solution
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September 3, 2014
07:19 EDTACNAccenture awarded two contracts worth $53.1M combined
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07:04 EDTERICEricsson announces strategic partnership with Guardtime
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07:00 EDTNOKCredit Suisse recommends buying EMC, Nokia into 2H
Credit Suisse recommends buying EMC (EMC) and Nokia (NOK) into 2H. The firm believes EMC remains undervalued and sees different paths of value creation that include cash returns and a spin-off of VMware (VMW) and that Nokia will see 2H revenue growth following recent divestitures and recent contract momentum. Both are Outperform rated.
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