Cisco and Nokia Siemens Networks entered into an agreement to develop a standards-based telecommunications network management platform that will help service providers manage the increasing complexity of their networks and speed time to market of new services.

Posted : Mon, May 21, 2007

   Siemens AG, one of the world's largest electrical engineering and electronics companies, agreed Wednesday to buy business software maker UGS Corp. from three private-equity firms for about $2.1 billion and assume $1.4 billion in UGS debt, the companies said.

Posted : Thu, Jan 25, 2007