Xircom this week said it had sold its Netwave wireless network business to a startup run by its former CEO.
The new company is Netwave Technologies, the result of a management buyout and run by Jerry Ulrich, who also had CFO responsibilities in his time at Xircom. In Europe, Xircom will continue to have responsibility for Netwave until the end of the year.
Tech Industry
Tech Industry
Analytics giant SAS Institute aims for IPO in 2024
In 2020, SAS generated approximately $3 billion in revenue and achieved its 45th consecutive year of profitability, the company noted Thursday.
What is quantum computing? Everything you need to know about the strange world of quantum computers
Google, IBM, Microsoft, Amazon are all looking into it, but quantum computing is still widely misunderstood. This is everything you need to know about the next stage of computing, ...
Nokia bounces back as 5G plans start to pay off
The company's latest earning show an encouraging start to the new plans introduced by CEO Pekka Lundmark.
Samsung posts highest profit in 3 years from server and PC memory demand
Samsung's chip business contributed over half of the profit during the quarter thanks to strong demand for memory chips.
Chipmaker Ampere to acquire AI startup OnSpecta
OnSpecta's deep learning expertise will help Ampere deliver a better platform for inference task processing.
Cognizant meets Q2 expectations with revenue up across segments
Digital infrastructure business Equinix and industrial IOT company PTC also reported solid results on Wednesday.
Zoom zooms in on contact centers and capitalizes on its momentum in the enterprise
Last week, in the largest acquisition deal in the contact center industry, Zoom announced its intent to acquire Five9 for $14.7 billion -- a solid move. ...
Google will require vaccines as workers return to the office
The tech giant is also extending its voluntary work-from-home policy through late October, as the Delta variant of the Covid-19 virus spreads.
Upwork vs. Fiverr: Which freelance job site is best?
We take a deep dive into freelance service platforms, and here we look at key differences between Upwork vs. Fiverr.
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