Colin C. Haley

Calient Networks, a maker of photonic switching systems and software, has tacked on an additional $15 million to its fourth round of financing. The latest round comes as carriers that the company supplies with switching systems prepare for new rollouts of Voice over IP and fiber infrastructure investments. New investors Wall Street Technology Partners and […]

Cisco today stepped up efforts to woo small and medium business (SMB) customers with a new multi-pronged initiative. Dubbed SMB Class Solutions, the push includes enhanced networking hardware, software and services designed for flexibility and scalability. Taking a page from telecom carriers’ playbook, Cisco is bundling telephony and voice mail, enhanced routing, switching, security and […]

Net2Phone has cut the cord on its Voice over Internet Protocol platform. The Newark, N.J., firm has enhanced its product to allow service providers to offer Wi-Fi VoIP connections to consumers. Net2Phone views Wi-Fi VoIP as a cheap alternative to residential landlines because it bypasses last mile networks and most phone company fees. The company’s […]

Looking to keep subscribers by making it easier to access their e-mail, America Online rolled out a new feature today to let members download messages via other programs, including those developed by rival Microsoft. The Dulles, Va., ISP’s “Open Mail” offering supports the latest version of the Internet Message Access Protocol, a standard for retrieving […]

Betting on a “technology refresh” in the banking sector, business applications provider Siebel Systems on Tuesday said it has bought Eontec for $70 million cash. Another $60 million could be added to the purchase price if Eontec hits revenue, product development and customers satisfaction milestones over the next 12 months. Eontec was founded in 1994 […]

Covad has negotiated a three-year agreement with Qwest that will allow the broadband provider to deliver DSL service over the telecom’s local phone lines. It’s the first time a competitive carrier such as Covad and a Baby Bell have negotiated commercial line sharing terms since the Federal Communications Commission (FCC) voted to phase out federally […]

Northern Ireland has it sights on an ambitious plan to make affordable broadband Internet access available to all of its 1.7 million residents by the end of 2005. The rollout will be paid for by the country’s Department of Enterprise, Trade and Investment and is designed to boost the region’s economy. British Telecom has been […]

In the latest development in a legal back and forth, Maxim Integrated Products has filed an antitrust lawsuit against QUALCOMM . The complaint alleges that QUALCOMM of misused its patents for Code-Division Multiple Access technology market to improperly elbow out competition for other mobile phone components. The lawsuit, filed in federal court in San Diego […]

Cisco Systems announced Wednesday a new initiative to give enterprises a blueprint for advanced data centers, the latest step in its own effort to evolve from selling standalone hardware to offering more sophisticated networking systems. As part of its “Business Ready Data Center” offering, the San Jose, Calif., networking giant has partnered with EDS , […]

Facing dwindling subscriber numbers and increased competition, America Online has enough to worry about. Now, it appears it will be entangled in a formal Securities and Exchange Commission charge to boot. The SEC is preparing to charge its parent Time Warner for AOL’s decision to book more than $400 million in questionable ad revenue, according […]

Thomson Corp. on Monday said it is acquiring the information services division of CGI Group’s banking and investment arm for an undisclosed sum. The key asset in the deal is CGI’s Starquote service. Delivered through stock traders’ desktops, the offerings provide an overview of financial markets, news, information and real-time quotes on a single screen. […]

Increasing its stake in an IT outsourcer, Citigroup on Monday said will buy out India’s e-Serve International for about $126 million. The New York financial services giant already owns a 44 percent stake in the firm. Founded in 1992, e-Serve is one of the five largest Indian outsourcing firms and has more than 5,000 employees. […]