Starent Networks Corp.

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starent networks corp. - All News and Analysis

• Cisco Beats Forecasts, Recovery Under Way

  Reuters - 2009-11-05

  By Ritsuko AndoNEW YORK (Reuters) - Cisco Systems Inc CSCO posted a stronger-than-expected profit for its fiscal first quarter and said business was recovering as customers are buying more network equipment again after cutting back for the past year.Chief Executive John Chambers' revenue forecast for the current quarter also exceeded...

  Tags: Recovery, Router, Cisco Systems Inc., John Chambers, Juniper Networks Inc., Starent Networks Corp., Us

• Cisco's New Corporate Motto: Shop 'Til You Drop [Digital Daily]

  BNET - 2009-11-03

  Cisco's fall acquisition binge continues unabated. Late Monday, the company announced plans to buy the set-top box business of China's DVN Holdings for up to $44.5 million ($17.5 million upfront, with an additional $27 million more based on performance). This, after purchasingspent $3 billion on videoconferencing system maker Tandberg, wireless...

  Tags: Cisco Systems Inc., Twitter Inc., system maker, Set-top Box, Set-top, Starent Networks Corp., wireless infrastructure, ScanSafe, set-top box business

• Cisco Announces $3 Billion Starent Networks Acquisition

  BNET - 2009-10-14

  Cisco announced today that it is acquiring Starent Networks for $35 per share in cash, bringing the total to about $2.9 billion. Starent Networks is a supplier of IP-based mobile infrastructure solutions."Cisco and Starent Networks share a common vision and bring complementary technologies designed to accelerate the transition to the...

  Tags: Cisco Systems Inc., Starent Networks Corp.

• Cisco's New Focus: Wireless Networks

  BNET - 2009-10-13

  Posted by: Peter Burrows on October 13 It seems Cisco Systems is turning its sights on the biggest, nastiest network-related problem facing the world's Internet users: the inability of wireless carriers to handle the burgeoning traffic to smart devices such as the iPhone. That's the takeaway from the company's $2.9...

  Tags: Apple iPhone, Network, Wireless, Cisco Systems Inc., Starent Networks Corp.

• Cisco buys wireless data firm for USD2.9bn

  Strategy Eye - 2009-10-13

  Cisco Systems is continuing its aggressive acquisitions policy with the purchase of wireless data technology firm Starent Networks. The USD2.9bn deal comes just two weeks after the network infrastructure giant bought video-conferencing specialists Tandberg for USD3bn.  The acquisition will help...

  Tags: Starent Networks Corp., Cisco Systems Inc., Wireless, Data Management, Wi-Fi, Wireless And Mobility, Jasper Jackson

• Techs offer respite and Intel earnings beat forecasts

  BNET - 2009-10-13

  US equities were mixed yesterday, amid weakness in financials and healthcare, although technology offered some respite, and after the closing bell results from Intel exceeded forecasts. Earnings from Johnson & Johnson and an equity analyst downgrade for Goldman Sachs weighed on sentiment for much of the day and outweighed further...

  Tags: Intel Corp., S&P, Earnings, Goldman Sachs Group Inc., weakness, Cisco Systems Inc., Starent Networks Corp.

• Cisco to Buy Wireless Gear Maker Starent For $2.9 Billion

  Reuters - 2009-10-13

  By Ritsuko AndoNEW YORK (Reuters) - Cisco Systems Inc plans to buy advanced wireless equipment maker Starent Networks Corp for $2.9 billion to boost its product offerings as phone carriers build out next-generation networks.In its second major acquisition this month, Cisco said it would pay $35 a share in cash...

  Tags: Starent Networks Corp., Cisco Systems Inc., Wireless, Network, Us

• Starent buy continues Cisco's direction toward collaboration and video

  BNET - 2009-10-13

  Computerworld - Cisco Systems Inc.'s multibillion-dollar purchases of videoconferencing leader Tandberg and today's agreement to buy Starent Networks make the networking gear company seem like a Hollywood movie mogul from the 1930s, with the boss's fingers reaching into distribution and even content. WIth its purchase of Starent, which was announced...

  Tags: Cisco Systems Inc., Starent Networks Corp.

• Cisco to buy wireless gear maker Starent for $2.9 billion

  BNET - 2009-10-13

  By Ritsuko Ando NEW YORK (Reuters) - Cisco Systems Inc plans to buy advanced wireless equipment maker Starent Networks Corp for $2.9 billion to boost its product offerings as phone carriers build out next-generation networks. In its second major acquisition this month, Cisco said it would pay $35 a share...

  Tags: Cisco Systems Inc., Starent Networks Corp.

• Wall St Falters on J&J, Banks; Intel Beats Street

  Reuters - 2009-10-13

  By Leah SchnurrNEW YORK (Reuters) - U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson JNJ stirred jitters about the strength of earnings, snapping the S&P 500's six-day winning streak.With the last two earnings periods characterized by cost cutting, investors have been hopeful that companies may start...

  Tags: Revenue, Bank, Johnson & Johnson, Stock, Health Care, Intel Corp., Wall, Bank of America Corp., Cisco Systems Inc., Citigroup Inc., Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Starent Networks Corp.