FASTTAKES: Youku, Sony, Avaya, Cisco

Staff writer
telecomasia.net

Chinese video website Youku has raised $40 million in funds from existing investors, including Chengwei Ventures, Maverick Capital and Bain affiliate Brookside Capital, the WSJ reported. The new funds will go toward expanding its offerings of licensed content offerings and mobile video.

Sony has signed 19 new newspaper and magazine partners for its Reader devices, FT.com reports.
 
Avaya has completed its acquisition of Nortel’s enterprise business, taking on board approximately 6,000 Nortel staff. Joel Hackney, previously president of the Nortel enterprise group, has been appointed senior vice president and president, Avaya government solutions and data.
 
Cisco has completed its $2.9 billion acquisition of IP mobile data specialist Starent Networks, the company announced Friday.

 

 
 

Commentary

5G and data center-friendly network architectures

Matt Walker / MTN Consulting

Webscale and transmission network operators' interests are aligning as the 5G era dawns

Matt Walker / MTN Consulting

Webscale and transmission network operators' interests are aligning as the 5G era dawns

Rémy Pascal / Analysys Mason

The launch of 5G by South Korean operators serves as a first benchmark for other operators around the world