Telstra Wraps Pacnet Acquisition Pending U.S. Approval

The acquisition two-and-a-half years after Pacnet announced an initiative to expand its channel efforts in the U.S. in 2012. The company promoted Jason Kitzmiller as director of channel sales a year ago.

ClearOne Diversifies, Expands Portfolio with MagicBox Buy

ClearOne hopes the acquisition will help it capitalize on emerging market opportunities as audio/video, information technology, unified communications and traditional digital signage converge to meet enterprise and commercial multimedia needs.

Cisco to Repurchase Additional $10 Billion of Stock

Cisco Systems Inc. said Friday it would buy back an additional $10 billion of its common stock, bringing the total under the program to $62 billion. Since the inception of the repurchase program in September 2001 through the close of Cisco’s first quarter of fiscal year 2008 on Oct. 27, the company had repurchased and […]

Oracle Supports Linux, Releases TimesTen Database

Oracle said on Monday its communications billing and revenue management application now supports Linux. Companies need to run the Oracle application and Linux on IBM Bladecenter servers, however. Oracle said the new support method will lower total cost of ownership because companies using grid computing with a Linux operating system often save more money than […]

Alltel Completes Purchase of Midwest Wireless

Alltel Communications Inc. has completed its $1.075 billion cash purchase of Midwest Wireless Holdings of Mankato, Minn. Alltel expects to gain approximately 450,000 wireless customers in southern Minnesota, northern and eastern Iowa, and western Wisconsin, expanding the companys 850MHz wireless business into contiguous markets that cover a population of 1.9 million. Alltel is purchasing Midwest […]

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