Industry News

Belden Inc announced on Tuesday that, subject to market conditions, it intends to offer EUR200m in aggregate principal amount of senior subordinated notes due 2026 for sale to eligible purchasers in a private offering. According to Belden, it intends to use the net proceeds of the notes offering and cash on hand to repay in full and terminate its term loan credit agreement. Belden delivers a comprehensive product portfolio designed to meet the mission-critical network..."/>
Belden to offer EUR200m senior notes in private offering
Mastercard and Sberbank appeared first on Global Hub. Mastercard cardholders of Sberbank will be the first to use the innovation. Moscow- Sberbank clients, holders of Mastercard cards, can now use Apple Pay, which will let them make secure and convenient contactless and online payments."/>
Apple Pay launched for the Russian market with Mastercard and Sberbank
BroadSoft Suite of UC Services to Independent and Mid-Tier Systems Integrators. Access4 launches SASBOSS platform, enables partners to manage BroadSoft services with no technical expertise. Gaithersburg, MD and Melbourne, Australia, Aug. 10, 2016- BroadSoft, Inc., a global unified communications as a service leader, welcomed the launch of new Australian cloud telecommunications wholesale provider and BroadSoft..."/>
BroadSoft BusinessCloud Powers Innovative Unified Communications (UC) Provider Access4
Apple, announced Tuesday that it had named a member of its board as its new chief executive. The appointment of Greg Knight as CEO was effective Sept. 15. He replaces the previous CEO, Dave Keck."/>
GT Advanced Technologies gets a new chief executive [The New Hampshire Union Leader, Manchester]
Ciena's ® WaveLogic 3 Extreme transmission technology on America-Europe Connect, its high-capacity, transatlantic subsea cable network that connects New York to London via Dublin. This test confirms that Ciena's 150 Gb/s per wavelength 8 QAM technology will increase the capacity of Aqua Comm's submarine..."/>
Aqua Comms Successfully Tests Advanced Transatlantic Submarine Communications Technology With Ciena
Accenture Plc reported revenues of $8.5 billion in its fourth quarter, ahead of consensus estimates that revenues will grow to $8.4 billion. The company had started the year with guidance of 5-8% revenues growth in constant currency terms, but ended up with a much higher growth of 10.5%. But this is hardly any reason for investors in Indian IT companies to get excited."/>
Accenture does well, but that's little solace for Indian IT sector [Mint, New Delhi]
Hexaware Technologies Limited, a leading global provider of Application, Infrastructure, BPO and Digital services expanded its delivery presence in the European region by announcing the opening of its latest Global Delivery Centre in Bucharest, Romania."/>
Hexaware Expands European Presence: Opens Global Delivery Centre in Bucharest
MACOM Technology Solutions Inc., a leading supplier of high-performance RF, microwave, millimeterwave and photonic products, and X-Microwave, an innovative leader in modular system design, today announced the availability of MACOM-based RF components for use with X-Microwave’ s online..."/>
MACOM and X-Microwave Collaborate to Enable Faster, Easier Design of High-Performance RF Systems
Airspan Networks Inc. to its Spectrum Access System and Environmental Sensing Capability platform, CINQ XP. Together they plan to undertake a trial integration of Airspan’ s products with..."/>
Federated Wireless and Airspan Collaborate on Trial Integration and Products for 3.5 GHz Band
Amdocs with the 2016 Global Frost& Sullivan Award for Product Line Strategy Leadership. Amdocs' keen focus on offering a complete solution for the RAN market has resulted in its Centralized Management and Optimization Solution. This product line features unique and flexible capabilities that bring together all the important aspects..."/>
Frost & Sullivan Commends Amdocs for its Comprehensive RAN Product Line Strategy
Net 1 UEPS Technologies, Inc. today announced that it has entered into a share subscription agreement with Blue Label Telecoms Limited to subscribe for approximately 117.9 million shares in Blue Label, at a subscription price of ZAR16.96 per share, representing a 10% discount to ZAR18.84, being the 30- day volume weighted average price of a Blue Label share traded on the Johannesburg Stock Exchange to September 29, 2016. The aggregate..."/>
Net1 Announces Acquisition of a Strategic Stake in Blue Label Telecoms
Nokia's key strategic focus areas and an integral part of future technologies such as 4.9 G and 5 G. ESPOO, Finland, Oct. 5, 2016-- Nokia has acquired Eta Devices, a US-based start-up specializing in power amplifier efficiency solutions for base stations, access points and devices. Eta Devices will bolster Nokia's push to enhance base station energy efficiency, an increasingly important area for operators on the path to 4.9 G and 5 G.. The demand for data from..."/>
Nokia bolsters its base station power efficiency by acquiring Eta Devices
M and A Navigator: Deal pipeline 4 October
The making of an IT guy [Mint, New Delhi]

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