In 20 years, 50 billion devices with microprocessors will be connected to networks, many of them wirelessly, a senior executive with Telefonaktiebolaget LM Ericsson said Friday.
Stories by Greg Meckbach
3Com's board of directors is facing a lawsuit over the proposed acquisition by Hewlett Packard Development Company, but a financial analyst who studies Ethernet switching argued if approved, both vendors would benefit from the deal.
Avaya may be competing against other suitors in its efforts to acquire the enterprise assets of Nortel Networks, published reports indicate.
LM Ericsson of Sweden has joined in the bidding war for the carrier wireless assets of Nortel Networks Corp.
Nortel Networks Corp. Monday announced it has entered a "stalking horse" agreement in which Avaya Inc. of Basking Ridge, N.J. will buy its enterprise units for US475 million.