Network Management News
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Veolia Environnement, Europe’s largest water company, was awarded a water-supply network management contract valued at 20 million euros ($27 million) by the Senart Val de Seine urban authority.
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Infosys Ltd. Chief Executive Officer S.D. Shibulal says the worst may be over for India’s second- biggest software-services provider, which slumped 18 percent in the past two months. Investors remain to be convinced.
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Citigroup Inc. , the bank 27 percent owned by the U.S. government, hired Gregg Sisco from Morgan Stanley as head of network management for the Americas.
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Riverbed Technology Inc. has agreed to acquire Opnet Technologies Inc. in a transaction with an equity value of $1 billion, expanding its offerings to help businesses manage computer networks.
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The European Energy Exchange AG, continental Europe’s second-biggest natural-gas bourse, plans to introduce German gas products in October that may reduce network-management costs and prices for end-users of the fuel.
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France Telecom SA, trying to reverse falling sales while avoiding boosting expenses or debt, plans to expand into new countries this year without major acquisitions or building costly networks.
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Sandvine Corp., which sells Internet network management tools, jumped the most in more than three years after receiving about $6.5 million in follow-on orders from an Asian service provider.
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Ericsson AB, the world’s largest maker of wireless networks, won a five-year contract to manage VimpelCom Ltd.’s system in the Siberia and Ural regions, expanding its services business in Russia.
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Ericsson AB, the world’s largest maker of wireless networks, won a $1 billion contract to manage the systems of Indian phone operator Reliance Communications Ltd., expanding its services business in Asia.
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Ericsson AB , the world’s largest supplier of wireless networks, said it may acquire network assets in partnership with financial investors.
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