Global vendor strategies - 11/02/06

Ericsson plans to invest some $100m annually in India for the years to come.

NEC claims its success in in developing the world's first reliable signal creation and processing technology in the wireless 3- to 9 GHz UWB wide bandwidth range.

Nortel may pay about $2.4bn in cash and stock to settle two shareholder lawsuits filed as a result of the company's accounting fraud scandal.

Tandberg has signed a definitive agreement to acquire SkyStream, a California-based firm engaged in IP video delivery solutions.

The WiMedia Alliance promises interoperability among members' implementation of the MultiBand OFDM version of ultra wideband (UWB). The group expects devices on the market in the second half of 2006.