Global vendor strategies - 24/06/06

Alcatel and Lucent have filed for European antitrust approval. The commission is scheduled to rule July 24 on the deal.

Siemens, Nortel and Avaya are said in talks about a potential three-way enterprise communications equipment joint venture, to create the workd' s largest PBX player.

Nortel said it will pay $1.9bn in a settlement agreement with shareholders' class-action lawsuits in the US and Canada.

Microsoft is expected to unveil soon several new communications products for businesses' unified communications, as well as a strategy to allow collaboration and communications.

Huawei targets to reach $2bn in APAC sales this year (excluding China, Japan, S. Korea and HK).

Oracle is still hungry and buys Portal Software, a billing company, for $220m.

NEC is mulling selling stake in Packard Bell, and withdraw from PC business in Europe.

Italtel postpones its IPO citing volatile market conditions.

UTStarcomm will combine its broadband and mobile units into a new network solutions segment.

IBM and Georgia University of Technologies have succeeded in making a transistor running at 500GHz, but at -268°C.