Articles Tagged with ''technology''

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.


Read More

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.


Read More

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.


Read More