Media and Technology NEWS
Orckit-Corrigent Ltd. (OTCBB: ORCT) said that ODR Technologie Services GmbH (ODR TSG), a subsidiary of EnBW Ostwürttemberg Donau Ries AG (EnBW ODR), has deployed Orckit-Corrigent’s MPLS and MPLS-TP based CM-4000 PTN switches and the accompanying CM-View network management system.
Ubiquiti Networks, Inc. (NASDAQ: UBNT) said it has become the official hardware provider for Florida-based Sling Broadband, a top Internet service provider in over 30 major markets nationwide.
British media and education group Pearson Plc (LON:PSON) and German media major Bertelsmann AG (FRA:BTG4) said they had inked an accord to form a joint venture through the amalgamation of their respective English … Continue reading “Pearson and Bertelsmann to merge Penguin Books with Random House”
Unisys Corp. (NYSE: UIS) reported a third-quarter 2012 net loss of $12.4 million, or a loss of 28 cents per diluted share, which included $23.1 million of debt reduction charges and $28.9 million of pension expense.
Web.com Group, Inc. (NASDAQ: WWWW) said it plans to re-price its first lien credit facility.
US marketing automation software specialist MarketingPilot Software LLC has been acquired by technology major Microsoft Corporation (NASDAQ:MSFT), the target company said without unveiling the purchase price. MarketingPilot will now operate as a wholly … Continue reading “Microsoft acquires marketing automation software firm MarketingPilot”
Webroot, a leader in delivering Internet security as a service, said that it is partnering with Facebook (NASDAQ: FB) to provide protection against online security threats including viruses, phishing, malicious websites, identity theft, and bogus downloads.
Automotive multimedia solutions supplier Jungo, now part of Cisco (NASDAQ: CSCO) has been selected by Hyundai Mobis, an affiliate of the Hyundai Motor company, to provide an infotainment middleware solution for new automobiles sold in the US market from 2013.
British newspaper publisher Trinity Mirror Plc (LON:TNI) announced on Monday it will combine its nationals and regionals segments under one management structure to establish a more efficient model through which to pursue its … Continue reading “UK newspaper group Trinity Mirror to merge national and regional operations”
The Spanish government plans to dispose of its interest in local satellite operator Hispasat SA, selling the stake to Abertis Infraestructuras SA (MCE:ABE), Spanish news agency Europa Press reported. The state owns 25% … Continue reading “Spain to offload stake in satellite operator Hispasat to Abertis”