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Ciena strikes $400M deal for California networker Cyan

2015-05-04 20:05:42| Telecom - Topix.net

Ciena Corp. plans to buy a Petaluma, Calif.-based company in a $400 million deal, it announced Monday, scooping up a smaller public corporation as it seeks to get ahead of shifts in the computer networking industry. Ciena , the Hanover-based networking company, will acquire hardware and software maker Cyan Inc. in a cash and stock deal.

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Verizon Strikes Deal With Internet Rival Cogent

2015-05-02 04:14:35| IT Services - Topix.net

Verizon Communications Inc. reached a network traffic deal with a longtime antagonist, avoiding a possible conflict in an area regulators are now eyeing more closely. The multiyear interconnection deal under which Verizon will swap traffic with Internet wholesaler Cogent Communications Holdings Inc. comes a week after Verizon announced a similar agreement with Level 3 Communications Inc. The moves allow Verizon to head off the sorts of high-profile fights with other carriers that made headlines last year when it pressed to be paid for carrying heavy traffic.

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Sears strikes third real estate deal this month

2015-04-30 18:46:33| Real Estate - Topix.net

Sears Holdings announced its third real estate deal of the month on Thursday, saying it received $150 million after starting a joint venture with mall operator Macerich. Sears is contributing nine stores in malls operated by Macerich.

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Cablevision Strikes Deal to Offer Hulu Streaming Services

2015-04-28 22:05:52| Telecom - Topix.net

Cablevision Systems Corp. struck a deal with Hulu to offer the Internet television service's on-demand content to its Optimum customers, the first pay-TV company to do so. Bethpage, New York-based Cablevision did not provide pricing or say when the service would become available.

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Jet strikes truck on tarmac at Orlando International

2015-04-27 20:10:57| Airlines - Topix.net

An Atlanta-bound Southwest Airlines flight from Florida was delayed after the right wing of the plane clipped a truck on the tarmac. Jet strikes truck on tarmac at Orlando International An Atlanta-bound Southwest Airlines flight from Florida was delayed after the right wing of the plane clipped a truck on the tarmac.

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