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Stock Market & Financial Investment News

News Breaks
August 20, 2014
05:20 EDTERIC, VODEricsson to upgrade Vodafone Australia network
Vodafone (VOD) Hutchison Australia, or VHA, has chosen Ericsson (ERIC) as a sole supplier to replace and upgrade the complete core network for their national network. With the latest core technology, including Ericsson's solutions for Evolved Packet Core and IP Multimedia Subsystem, or IMS, policy control and circuit-switched core, VHA will further enhance network robustness, performance and resiliency. Ericsson will provide integration services for voice and packet core that will support VHA to transform its operations business and enable a more enriched customer offering. Over the period of the 5 year agreement Ericsson and VHA have committed to fully virtualize their core network.
News For ERIC;VOD From The Last 14 Days
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September 15, 2014
07:24 EDTVODCredit Suisse to hold a conference
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07:11 EDTVODVodafone says Phones 4u situation 'incorrectly' handled, WSJ says
Vodafone (VOD) said that its choice to end its 15-year collaboration with Phones 4u was "incorrectly" dealt with and the company did not allot enough time to finalize a commercial resolution, according to The Wall Street Journal, citing comments from a Vodafone spokesman. A joint venture between Deutsche Telecom (DTEGY) and Orange (ORAN), EE, also ended its contract with Phones 4u next September. Reference Link
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 11, 2014
11:20 EDTVODVodafone open to Liberty Global deal 'for the right price,' Bloomberg reports
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09:45 EDTVODVodafone CEO says would consider Liberty deal, Bloomberg reports
Vodafone (VOD) CEO Vittorio Colao told Bloomberg in an interview that he would consider an acquisition of Liberty Global (LBTYA) "for the right price." Shares of Vodafone are down 1% in early trading to $32.88 while Liberty Global shares are up 3% to $43.20.
September 10, 2014
12:06 EDTERICEricsson, SAP announce solution for enterprise mobility management
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September 9, 2014
07:29 EDTERICUBM Canon to hold a summit
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07:28 EDTERICThe Money Event, Inc to hold a conference
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07:17 EDTERICThe Wireless Association to hold a conference
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07:11 EDTERICUBM Tech to hold a conference
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September 3, 2014
08:34 EDTVODVodafone speculated as takeover target for Softbank, Nikkei says
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07:04 EDTERICEricsson announces strategic partnership with Guardtime
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