Furthering its move into the wireless service sector, Arris on Friday announced the closure of its acquisition of the Ruckus Wireless and ICX Switch businesses from Broadcom. Closure of the $800 million deal was contingent on Broadcom’s $5.5 billion merger with Brocade Systems, which owned Ruckus and ICX. The Brocade acquisition was originally set to […]
Industry News
AT&T, Time Warner Contend Merger is ‘Pro-Competitive, Pro-Consumer’ in Court Filing
In their first court filing responding to a Justice Department antitrust lawsuit, AT&T and Time Warner fought back against claims that the companies’ proposed merger would stifle competition and hurt consumers. The DOJ argued in its lawsuit last week that AT&T could use its control over Time Warner’s popular networks, like HBO, CNN and TBS, to force […]
Termination Deadline Extended for AT&T, Time Warner Deal
AT&T extended the deadline to close its $85 billion acquisition of Time Warner until next spring in the wake of an antitrust lawsuit challenging the merger. The telecom giant wrote in an SEC filing Tuesday that the new termination date for the deal is April 22, 2018, and that it plans to “vigorously contest the […]
Report Says Broadcom Could Raise Offer for Qualcomm
Broadcom is reportedly preparing to intensify its pursuit of rival chip maker Qualcomm after its initial acquisition effort was rejected. Reuters, citing sources familiar with the matter, reported that Broadcom officials are considering adding more stock to its offer in order to entice Qualcomm shareholders. Broadcom also plans to submit a slate of candidates for […]
24-hour support capability delivers prototypes and full appearance models in time for CES 2018
Model Solution continues to simplify the modeling and prototyping process to accelerate product development. With the opening of the new North American headquarters and rapid prototyping center in Silicon Valley, and the existing global headquarters in Seoul, Korea, Model Solution now offers 24-hour global support for customers, including same-day technical support. Offering rapid sketch and […]
Tuesdays with Roger: The latest on AT&T-Time Warner, and the FCC’s Proposal for the 3.5 GHz Band
Roger Entner on the possibility of new spectrum license terms, a new edge computing zone in California and the firestorm over the AT&T-Time Warner merger. Need to listen on the go? Tune in to Tuesdays with Roger episodes in podcast form here. Also, follow Roger on Twitter at @RogerEntner for more insights throughout the week, and stay up to […]
Marvell Technology Buying Chip Maker Cavium in $6B Deal
Marvell Technology has bid about $6 billion for Cavium in a cash-and-stock deal that would create a chip maker to compete with Intel and other giants in the industry. The potential deal extends a long-running consolidation for computer chip producers which are trying to grow so that they can better supply tech leaders like Apple, […]
AT&T: Justice Dept. Suit Against Time Warner Merger ‘Radical and Inexplicable’
AT&T on Monday called the U.S. Justice Department’s lawsuit to block its $85 billion merger with Time Warner “a radical and inexplicable departure from decades of antitrust precedent.” “Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market,” David McAtee II, senior EVP and general counsel […]
New Keystone facility expands capabilities and service levels
Keystone Electronics recently moved its corporate headquarters and manufacturing operations to a new world-class facility designed to greatly improve efficiencies and productivity. Conveniently located at 55 South Denton Ave. in New Hyde Park, NY, this new location is double the size of the former facility in Astoria, NY. The move is the second part […]
Stadium Group agreement with Allied Electronics aimed at expanding design-led business in North America
Stadium Group today announced a distribution agreement for the Americas region with Allied ElectronicsThe agreement that covers the distribution by Allied Electronics of a wide range of Stadium’s standard technology products. These include power supplies, cable power products, Human-Machine-Interface (HMI) modules, single-board computing (SBC) devices, and wireless connectivity devices for Internet of Things (IoT) applications. The […]