The Sage Group plc, a leading global supplier of business management software solutions, announced the acquisition of 70% of the share capital of XRT, listed on Euronext Paris, from its shareholders. Sage will purchase the shares for a consideration of GBP 30 mln, paid in cash, equivalent to €1.67 per share. The transaction is not

At the ECOC in Berlin next week, Nokia Siemens Networks will present Carrier Ethernet transport with the new connection-oriented standard “Provider Bridging Backbone – Traffic Engineering” (PBB-TE) in a joint field trial with Deutsche Telekom. This field trial shows that Carrier Ethernet transport in conjunction with an optical WDM network is a cost-effective alternative to

Ericsson announced its U335 WCDMA mobile platform, the first to enable the introduction of mass-market HSPA multimedia devices capable of new services such as mobile TV, mobile video blogging and other services demanding both high uplink and downlink data speeds. The Ericsson U335 combines high-speed uplink data with state-of-the-art multimedia functionality at a price level

The outlook for the European beverage industry remains stable, underpinned by factors including relatively predictable cash flows and strong brand portfolios, Moody’s Investors Service said in a new Industry Outlook. However, several developing trends could exert downward pressure on ratings in the next 12 months. “Our outlook for the European beverage industry continues to be

At its monthly meeting held on 13 September 2007, the Board of Directors of the Bank of Cyprus examined the Bank of Cyprus Group financial results to 31 August 2007. Based on the financial results to date, the indications for their further development and the current conditions in the markets where the Group operates, the

Ericsson is partnering with The Earth Institute at Columbia University to provide connectivity to the Millennium Villages project that will bring mobile communication and the Internet to approximately 400,000 people in ten African countries. The Millennium Villages is a community-led initiative that aims to lift rural African communities out of the extreme poverty that traps

With 128 commercial HSPA networks rolled out and more than 300 HSPA devices available around the world, mobile broadband is moving quickly toward becoming a mass market, Ericsson President and Chief Executive Officer Carl-Henric Svanberg said at the company’s Strategy and Technology Summit in London. As evidence he gave several examples where, in commercially launched

Panda Security has launched its Targeted Attack Alert Service to protect online banks and businesses against attacks from malware designed to target specific online businesses. The most dangerous attacks are those using banker trojans, designed to steal confidential bank details, credit card numbers, etc. The additional danger of these trojans is that they are designed