Global vendor strategies - 10/08/07
ECI Telecom did not receive any alternative takeover bids, and a group of private equity suitors led by Swarth Investments, will normally pay $1.2bn for its acquisition.
Nortel Networks said it has begun talks with potential takeover targets, looking to expand its potential reach.
Carrier Access may be taken over by Tellabs.
Nokia Siemens networks joins the Linux Foundation.
Wipro (India) is buying US-based Infocrossing for $ 600m.
A US judge has overturned a jury ruling that Microsoft would have to pay ALU $1.5bn for violating patents related to the digital music technology MP3. ALU would appeal this new decision at the U.S. Court of Appeals.