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Industry News

Fiber-Optic Transatlantic Cable Could Keep Milliseconds, Millions via Speeding Data to Stock Traders

March 21, 2012

Traders used to all buy and sell stocks in the same crowded room. Everyone received information at the same time, and the first guy to shout or signal got the sale. Today, using algorithms that exploit slightly different prices changing at slightly different speeds, and computers connected to exclusive fiber-optic lines that can buy and sell stocks within fractions of a second, high-frequency traders are able to buy low and sell slightly higher in virtually the same instant.

Souriau launches website dedicated focus on optical connectors & fiber-optic technology

March 21, 2012

Souriau has launched a new website with a dedicated focus on optical connectors and fiber-optic technology. The site compiles the full range of Souriau optical connectivity products, grouped by market, and includes detailed illustrations, data sheets, and catalogs.

March Networks Shareholders Agree Arrangement with Infinova (Canada) Ltd.

March 21, 2012

PRNewswire via COMTEX/ -- March Networks®, a global provider of intelligent IP video solutions, today announced that, at a special meeting of shareholders held earlier today (the "Meeting"), the shareholders of March Networks Corporation ("March Networks") voted to approve the previously announced arrangement under the Canada Business Corporations Act (the "Arrangement") pursuant to which Infinova (Canada) Ltd. ("Infinova Canada"), an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova Ltd. ("Shenzhen Infinova"), will acquire all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash.

Investors Embrace AboveNet Decision To Get Acquired

March 21, 2012

AboveNet, Inc. (NYSE:ABVT) recently topped its record price after taking a decision to get acquired by Zayo Group LLC in a deal valued at $2.2 billion as was unable to find a potential buyer last year.

Rwanda: Third Phase of ICT Development Plan Takes Off.

March 21, 2012

The third phase of the National Information and Communication Infrastructure Policy (NICI Plan 3; 2011-2015) which will see the development and use of new services acquired during phases one and two, was unveiled yesterday.

Chapel Hill might provide free Internet with public places

March 20, 2012

Chapel Hill’s plan to sell broadband service to local businesses and residents has been prohibited by state law, but the town still plans to move forward with providing free Internet access in public places.

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