Ericsson plans to acquire carrier edge router maker Redback Networks for $2.1 billion, giving the Swedish telecom giant ammunition to battle Cisco, Juniper and its new two-headed foe, Alcatel-Lucent ...
COLORADO SPRINGS, Colo. — L.M. Ericsson's $2.1 billion offer for Redback Networks Inc. announced late Tuesday (Dec. 19) represents a 60 percent premium over the router company's recent stock price, ...
Telefonaktiebolaget LM Ericsson has agreed to acquire Redback Networks, a maker of carrier edge routers, for US$2.1 billion. Redback, in San Jose, Calif., makes routers for delivering voice, video, ...
With $2.1 billion, company beefs up IP-routing expertise as it tries to help phone companies offer services like IPTV. Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone ...
The Redback South 1 well will be flare tested over a 3-4 day period and then shut-in for a 7 day pressure build-up. Origin Energy, on behalf of the L11 Joint venture, advised that the exploration well ...
Redback Networks pulled network-equipment stocks lower Tuesday, falling $1.45, or 12 percent, to a 52-week low of $10.25 after analysts downgraded the stock following the company's first-quarter ...
Swedish telecommunications company Telefonaktiebolaget LM Ericsson has agreed to acquire Redback Networks Inc., a maker of carrier edge routers, for $2.1 billion. Redback, in San Jose, makes routers ...
Origin Energy reported that the Weatherford drilling rig 826 is currently on location in preparation for the drilling of the Redback South 1 exploration well. Origin Energy, on behalf of the L11 Joint ...
SAN FRANCISCO (MarketWatch) -- Ericsson has agreed to acquire Redback Networks Inc. in a $2.1 billion cash deal, company officials said Tuesday evening. Telecommunications equipment giant Ericsson ...
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