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Articles Tagged with ''technology''

Nokia to buy Alcatel-Lucent in an all-share transaction

Nokia and Alcatel-Lucent announce their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share.


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POET Technologies appoints two new directors

POET Technologies Inc., developer of the planar opto-electronic technology platform for monolithic fabrication of integrated circuit devices containing both electronic and optical elements on a single semiconductor wafer – is extremely pleased to announce that that the board of directors has appointed two new directors.


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CableLabs joins NYU WIRELESS as race to 5G mobile heats up

NYU WIRELESS announced that CableLabs, the nonprofit research consortium for the cable industry, has joined the university research center as it drives development of the next super-fast generation of mobile technology, 5G. CableLabs becomes the 12th industry affiliate sponsor of the research center, joining Intel, Samsung, Qualcomm, and others, as the industry starts to look beyond 4G and LTE-A, in pursuit of faster connections and greater access.


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Harris Corp. to acquire Exelis

Harris Corp. and Exelis, Inc. announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value. The agreement has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in June 2015 and is subject to customary closing conditions, including regulatory and Exelis shareholder approval.


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National Instruments reports record revenue and net income for 2014

National Instruments (NI) announced Q4 revenue of $333 million, up 11 percent year-over-year. The company's total orders were up 13 percent for the quarter with orders under $20,000 up 5 percent year-over-year; orders between $20,000 and $100,000 up 13 percent year-over-year; and orders above $100,000 up 36 percent year-over-year. In Q4 2014, NI recognized $7 million in revenue from its largest customer, compared with $4 million recognized in Q4 2013.


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