Tyco Electronics is to acquire ADC, a move that will create a powerful new player in the market for supplying FTTH equipment to NBN Co, and a host of other telecoms market segments.
on 07/13/2010 – Made popular on 07/13/2010
Global telecoms hardware maker TE Connectivity has won a $400 million contract NBN Co to supply connectivity products for the National Broadband Network. The five-year deal will see TE Connectivity, which recently changed its name from Tyco Electronics, supply a range of equipment for the second release sites of the NBN.
Sure, we have our Roombas and a few AR Drones here and there, but researchers expect that we’ll have many more – and better – robots within the next few years and that the overall market should hit $6.5 billion by 2017.
According to ABI Research’s Consumer Electronics Research Service, the consumer robotics market is currently at about $1.6 billion and growing.
Pacific Fibre - the New Zealand company planning to build a submarine cable linking Australia, New Zealand and the USA, has signed a contract with TE SubCom (formerly Tyco Submarine Systems) to build the 12,750km system.
In a move long reported to be in the wings, Foxtel has made a bid to acquire fellow pay TV operator Austar, in a move which would create a much larger consolidated company which would dominate the subscription entertainment market in Australia.
Today it was announced that Google is selling handset maker Motorola Mobility to Lenovo for $2.91 billion. The move comes less than a week after the Chinese electronics company also agreed to acquire IBMs low-end server business for $2.3 billion. Google purchased Motorola Mobility for $12.5 billion in 2012.
A U.S. House of Representatives Intelligence Committee report recommends that top Chinese telecoms equipment makers Huawei and ZTE are shut out of the U.S. market because of the risk of espionage, Reuters is reporting. This follows an 11-month investigation of the two firms.