China Huaxin acquires the French telecoms equipment maker's enterprise business for 202 million euros (US$255.58 million), sealing a deal that it had begun negotiating earlier this year.
By The Way
Eileen Yu checks out industry developments across the Asia-Pacific region, discussing their relevance to the global tech business landscape.
Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently a freelance blogger and content specialist based in Singapore, she has over 16 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.
Just days after announcing job cuts in its global PC business, the Japanese hardware vendor says it will invest US$1 billion over the next five years in Southeast Asia and wants to double sales to US$7 billion.
Expected to be ready for service in 2016, the SEA-ME-WE 5 undersea cable system will span 20,000km between Singapore and France and provide connectivity to several markets including Malaysia, Myanmar, India, and Pakistan.
It appears that hirers in Asia-Pacific don't regard long-term loyalty and retention as a critical component in their talent strategy, prompting questions over how these organizations ensure their long-term survival in the market.
Singapore government again underscores the need for private and public sectors, as well as researchers to boost the country's cyber ecosystem and urges better cooperation to combat cybersecurity threats.
Aerospace company will open its first cybersecurity analytics facility outside the U.S. as part of efforts to avail such capabilities and services to customers in the Asia-Pacific region. The new center is slated to open in 2015.
Recent security incidents and evolving legislations, including cross-border policies, highlight the need for businesses and consumers to assess potential risks and decide how much they are willing to absorb.
Businesses need security tools that are integrated, coordinated, and able to communicate with each other across the network to provide unified "context-aware" protection, says Sophos CTO.
StarHub, DHL Express, and TES-AMM partner to expand e-waste recycling initiative that will see 100 bins placed across Singapore, providing the public a way to get rid of their unwanted IT devices and equipment.
Both security incidents occurred overnight involving a local mobile operator and entertainment company, putting customer data at risk and questioning the ability of enterprises in the country to adequately protect their clients.