Xerox has agreed to pay $US950 million in cash for Tektronix's colour printing and imaging division.
Stories by Jeff Partyka
The recent slump in confidence in technology stocks seems not to have had an adverse effect on Red Hat's initial public offering (IPO).
The outlook is far from rosy for small and medium-sized merchants in the US that want to take their businesses online, according to a Forrester Research report.
Lucent Technologies yesterday promised the ability to transmit the equivalent of 15 CD-ROMs through the air in less than a second via its new WaveStar OpticAir networking system.
Fibre-optic networks are well established as a secure and reliable medium for long-range business connections, and on Tuesday four telecommunications companies announced a specification aimed at bringing their benefits to home users as well.
IBM announced yesterday that it is buying Whistle Communications, an Internet services company.
A Spanish subsidiary of British Telecommunications (BT) is set to build the world's largest Internet telephony network, Nortel Networks and BT announced yesterday.
Cabletron Systems has agreed to outsource its worldwide manufacturing operations to Celestica as part of a broader cost-cutting and restructuring plan.
UUNet, the Internet services division of MCI WorldCom, has announced significant enhancements of its dial-up Internet infrastructure and services for North American, European and Asian businesses.