BroadSoft, the Gaithersburg-based company that handles the software used by phone carriers and large businesses to manage call conferencing, announced Monday that it is being sold to California-based telecommunications giant Cisco Systems as both companies seek to harness the changes ...Read More »
HELSINKI — The world’s biggest networks provider, Ericsson, has announced a strategic partnership with another industry leader, Cisco, to create “networks of the future.” Sweden-based Ericsson says the business and technology partnership including networking, cloud and mobility services, is expected ...
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SAN JOSE, Calif. — Cisco said Tuesday that it reached a deal to buy computer network security company Sourcefire for about $2.37 billion in cash. Under the terms of the agreement, Cisco will pay $76 cash for each of the ...Read More »
NEW YORK — The Dow Jones industrial average is dumping Cool Whip for copays. The Dow, perhaps the most widely known barometer of the U.S. stock market, announced Friday that it would boot Kraft Foods to make room for UnitedHealth ...
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Within minutes of talking to me, it is fairly obvious that I am an animal lover and take great joy in spending time with my two dogs, Dexter and Luca. In fact, it very well might be my favorite thing ...Read More »
NEW YORK — Wall Street’s wildest week since 2008 continued with another 300-plus point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy might not be headed into another recession. ...Read More »