NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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A South Korean telecom company has decided to set up its mobile phone manufacturing unit in Chhattisgarh after consultation with Chief Minister Raman Singh, an official said today. "With a view to woo investors in the mineral-rich Chhattisgarh, a delegation led by Singh is on the official tour of South…

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Activist investor Cevian Capital has bought a more than 5 percent stake in Sweden's Ericsson and said it sees significant potential in the struggling mobile telecom equipment maker. Ericsson shares have fallen close to 40 percent in the past two years as the firm has been hit by a drop…

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French media group Vivendi won EU antitrust approval on Tuesday for its plan to gain control of Telecom Italia after pledging to sell the Italian company's majority stake in broadcasting services group Persidera. Vivendi is Telecom Italia's biggest shareholder, with a 24 percent stake, and tightened its grip on the…

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Qualcomm Incorporated through its subsidiary, Qualcomm Technologies, Inc., today announced the Qualcomm® Mesh Networking Platform, a unique combination of technologies upon which original equipment manufacturers (OEM) and broadband carriers can deliver next-generation connected home experiences. Devices based on the Qualcomm Mesh Networking Platform will be designed to deliver robust and…

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Aquantia Corp., a market and technology leader in high-speed, Multi-Gigabit Ethernet connectivity solutions, and Cameo Communications Inc., today announced Multi-Gigabit switch platforms targeted at the Small office Home office (SoHo) and Small and Midsize Business (SMB) markets. The Aquantia Cameo switch will be on display at Computex in the Aquantia…

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TDS Telecom started work to expand and improve broadband to nearly 2,700 locations in Craig County, Vancouver, US. TDS Telecom (TDS) began work in January in the New Castle Telephone Company coverage area. Construction is expected to be complete by summer 2018. The Federal Communications Commission (FCC) allocated an average…

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Anritsu Company introduces the Universal Fixture Extraction (UFX) option for its VectorStar® vector network analyzers (VNAs) to provide signal integrity and on-wafer engineers with an increased range of on-wafer and fixture calibration choices, even when a full set of calibration standards is not available. Developed to address the design challenges…

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Saudi Arabia's largest telecommunications firm said Thursday it will set up a $500-million venture capital fund to invest in start-up companies. As part of a wideranging economic diversification plan launched last year, Saudi Arabia is trying to promote small and medium enterprises, and to expand its investment and industrial base…

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Lumos Networks Corp., a leading fiber-based service provider in the mid-Atlantic region, announced that, at the Lumos Networks Annual Meeting of Stockholders held today, Lumos Networks stockholders approved the merger agreement with EQT Infrastructure investment strategy (“EQT Infrastructure”). Timothy G. Biltz, President and CEO of Lumos Networks, said, “We are…

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Carter Validus Mission Critical REIT II, Inc., a non-traded real estate investment trust focused on assembling a portfolio of net leased data center and healthcare assets, acquired the Charlotte Data Center II property on May 15, 2017, for an aggregate purchase price of approximately $16.4 million. The 100% leased colocation…