Tekelec

News and overview for Tekelec

Tekelec, Ciena shares rise on Cramer's M&A comments
Forbes | 40 days 2 hours 33 minutes ago
By Manasi Phadke BANGALORE, Oct 14 (Reuters) - Shares of Tekelec and Ciena Corp jumped on Wednesday, a day after CNBC host Jim Cramer named the network equipment providers as potential takeover targets.


Light Reading - VOIP - AT&T Helps Cerner - Telecom News Wire
Light Reading | 2 hours 33 minutes ago
DALLAS -- Connecting associates around the world and collaborating with clients is now a quicker, more interactive process for global healthcare solutions provider Cerner (Nasdaq: CERN). Cerner began using the AT&T* Telepresence Solution, an immersive video technology that connects remote participants, earlier this year to help respond to client service requests in a timely manner and to conduct virtual business meetings with its associates, clients and business partners around the world.


Light Reading Europe - VOIP - New KPN-iBasis Tender Offer - Telecom News Wire
Light Reading | 7 hours 51 minutes ago
THE HAGUE, Netherlands, and BURLINGTON, Mass. -- KPN B.V. ("KPN") and iBasis, Inc. (NASDAQ: IBAS) ("iBasis") today announced that they have entered into a settlement agreement under which KPN will make a last and final increase of its offer for the outstanding shares in iBasis not otherwise held by KPN to $3.00 per share in cash. The Special Committee of iBasis's Board of Directors has unanimously approved the agreement and recommends that iBasis stockholders tender their shares in KPN's tend...


UPDATE 1-Tekelec Q3 profit tops Street, raises FY 09 profit view
Reuters | 19 days 8 hours 46 minutes ago
Nov 4 (Reuters) - Network equipment technology provider Tekelec (TKLC.O) posted a quarterly profit that beat Wall Street expectations helped by lower expenses and higher revenue, and raised its full year earnings view.


Light Reading Europe - Optical Networking - Ciena Beats NSN to Buy Nortel's MEN - Telecom News Analysis
Light Reading | 10 hours 58 minutes ago
Following a weekend-long auction process that began Friday and ended Sunday, Ciena Corp. (Nasdaq: CIEN) has, it seems, beaten out Nokia Siemens Networks in the two-horse race to buy Nortel Networks Ltd. 's Metro Ethernet Networks (MEN) division.


Light Reading - Optical Networking - Ciena to Buy Nortel's MEN - Telecom News Wire
Light Reading | 8 hours 16 minutes ago
LINTHICUM, Md. -- Ciena Corporation (NASDAQ: CIEN), the network specialist, today announced that it has been selected as the successful bidder in the auction of substantially all of the optical networking and carrier Ethernet assets of Nortel's Metro Ethernet Networks (MEN) business. Ciena has agreed to pay US $530 million in cash and issue US $239 million in aggregate principal amount of 6% Senior Convertible notes due 2017 for a total consideration of US $769 million for the assets.


Light Reading - Optical Networking - Nortel Sells MEN to Ciena - Telecom News Wire
Light Reading | 8 hours 3 minutes ago
TORONTO -- Nortel(1) Networks Corporation (OTC.BB:NRTLQ - News) announced that it, its principal operating subsidiary Nortel Networks Limited (NNL), and certain of its other subsidiaries, including Nortel Networks Inc. and Nortel Networks UK Limited (in administration), have concluded a successful auction of substantially all of the assets of Nortel's global Optical Networking and Carrier Ethernet businesses. Ciena Corporation (Ciena) has emerged as the winning bidder with a purchase price of...


Sales boost Tekelec earnings - Technology - NewsObserver.com
News & Observer (Raleigh, N.C.), The | 18 days 10 hours 27 minutes ago
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Sales boost Tekelec earnings - Business - NewsObserver.com
News & Observer (Raleigh, N.C.), The | 18 days 14 hours 47 minutes ago
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Stock market may propel some local firms to do big deals soon
American City Business Journals | 9 days 12 hours 54 minutes ago
RALEIGH – Powered by strong institutional buying and a market showing its bias toward the technology and pharmaceutical sectors, the top Triangle public companies have become $6 billion richer this year alone.


Light Reading - VOIP - Nortel & Sigma Score CVAS Win - Telecom News Wire
Light Reading | 5 days 5 hours 52 minutes ago
TORONTO -- Continuing its efforts to boost service provider revenue potential and ability to deliver the latest business voice and multimedia IP solutions to end users, Nortel* [OTC: NRTLQ] Carrier VoIP and Application Solutions (CVAS) and Sigma Systems announced a new agreement to supply technology and services for Bell Aliant's network across Atlantic Canada. Nortel's market-leading CVAS solutions combined with Sigma Systems' Service Management Portfolio of fulfillment solutions will allow ...


Social networking profitability and the role of SMS  |  October 29, 2009  |  Telecommunications Online
Telecommunications | 25 days 2 hours 24 minutes ago
An interview with Alan Pascoe, Senior Manager of Product Marketing, Tekelec


Light Reading Europe - VOIP - BroadSoft Expands in EMEA - Telecom News Wire
Light Reading | 10 days 6 hours 57 minutes ago
GAITHERSBURG, Md. -- BroadSoft, Inc., the worldwide leader of VoIP applications to the telecommunications industry, announced the expansion of its Belfast operations to support the company's growth in the Europe, Middle East and Africa (EMEA) region.


Light Reading - Optical Networking - Sycamore Reports Q1 - Telecom News Wire
Light Reading | 4 days 5 hours 50 minutes ago
CHELMSFORD, Mass. -- Sycamore Networks, Inc. (NASDAQ: SCMR), a leader in intelligent bandwidth management solutions for fixed line and mobile network operators worldwide, today reported its results for the first quarter of fiscal 2010 ended October 24, 2009. Revenue for the first quarter of fiscal 2010 was $15.6 million, compared with $15.4 million for the first quarter of fiscal 2009.


Light Reading - Optical Networking - Semtech to Buy Sierra Monolithics - Telecom News Wire
Light Reading | 4 days 5 hours 34 minutes ago
CAMARILLO, Calif. and IRVINE, Calif. -- SEMTECH CORPORATION (NASDAQ: SMTC), a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment, has entered into a definitive agreement to acquire Sierra Monolithics, Inc. for $180 million in cash. Headquartered in Irvine, California with design centers in Irvine and Redondo Beach, California, Sierra Monolithics provides high performance analog ICs and solutions for a wide array...





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Company Overview


Company: Tekelec
Industry: Copper Wire Switching & Transmission Equipment
Website: http://www.tekelec.com

Tekelec puts calls through. Its network signaling systems include media gateway controllers and signaling gateways that enable mobile messaging, network intelligence, and migration to Internet Protocol (IP) connectivity. Its performance management and monitoring applications are used to improve network security, troubleshoot problems, and detect and remedy revenue loss. Tekelec sells directly and through distributors to some of the world's largest wireless and wireline telephone carriers; network operators; and contact centers. The company counts AT&T, T-Mobile, and Verizon among its customers.


Key Numbers

Sales in U.S. Dollars (mil.) 460.6 (2008)
One-year % Growth in Sales 6.7 (2008)
Net Income in U.S. Dollars (mil.) 55 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 1,085 (2008)
One-year % Growth in Number of Employees 16.5 (2008)
Fiscal Year-End December