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Tellabs Acquires NEDian Rehan Jalil's Wichorus For $165 million
In today's M&A news involving NEDian and Wichorus founder Rehan Jalil, U.S. network equipment maker Tellabs Inc (TLAB.O) said on Thursday that it planned to buy wireless infrastructure gear manufacturer WiChorus for $165 million to bolster its next-generation wireless technology and take advantage of growing smartphone sales.
The move comes on the heels of an announcement by industry leader Cisco Systems Inc (CSCO.O) that it would acquire wireless gear maker Starent, a much bigger rival to privately owned WiChorus, for $2.9 billion. More deals are expected to follow.
WiChorus specializes in 3G and 4G infrastructure products, which support advanced mobile services including Internet access and mobile TV.
Wichorus maintains a development center in Karachi, Pakistan. It has a number of positions open in its Karachi office for software engineers.
The move comes on the heels of an announcement by industry leader Cisco Systems Inc (CSCO.O) that it would acquire wireless gear maker Starent, a much bigger rival to privately owned WiChorus, for $2.9 billion. More deals are expected to follow.
WiChorus specializes in 3G and 4G infrastructure products, which support advanced mobile services including Internet access and mobile TV.
Wichorus maintains a development center in Karachi, Pakistan. It has a number of positions open in its Karachi office for software engineers.
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Volunteer Programmers Contribute to Google Maps For Pakistan
After painfully watching the heartbreaking scenes of carnage in Pakistani provincial capital of NWFP on TV screens, it came as a pleasant surprise to see the New York Times mention Peshawar in a different context; volunteer cartographers contributing to digital maps "from Petaluma to Peshawar". It particularly caught my attention because I have had the pleasure of visiting both of these fine cities, and I currently live not t… Continue
Posted by Riaz Haq on November 22nd, 2009 at 10:45pm —
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Remembering Professor Nauman 1951-2009
My good friend and NED University Professor Mohammad Nauman passed away last Sunday. He was a dedicated teacher at NED Engineering University in Karachi. Born on December 19, 1951 in Bahawalpur, Nauman attended Cadet College, Petaro, and then graduated from NED University in electrical engineering in 1974. He attended North Carolina State University for his graduate work.
Nauman was a soft-spoken academic and a left-leaning intellectual of high caliber. He was loved by his friends, colleagues a… Continue
Posted by Riaz Haq on November 16th, 2009 at 8:08pm —
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© 2009 Created by Riaz Haq
