FASTTAKES: Google, KPN, NSN, LinkedIn, Verizon

Staff writer
24 Nov 2009
00:00

Google has purchased automatic targeted advertising solution developer Teracent for an undisclosed sum.

By the end of September, 100 mobile networks were conducting or planning for LTE trials, including 40 in Asia-Pacific, ABI research said.

The board of wholesale voice carrier iBasis has approved a boosted $3.00 per share takeover offer from Dutch incumbent KPN and is urging shareholders to accept the deal.

Nokia Siemens has launched a new optical networking platform, the hiT 7065, which allows operators to migrate their existing networks into an IP optimized transport solution (IP-OTS).

LinkedIn has hired former Yahoo Australia MD Cliff Rosenberg to head up its Australian and New Zealand operations, and Hari Krishnan as its first country manager for India.

Verizon Wireless has sacked more employees from its 2008 acquisition Alltel Corp. The latest round of redundancies includes finance, marketing and legal staff.

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