Cisco Systems and Texas Instruments are both staking claims in the Internet of Things space by forming partnerships with other companies in hopes of advancing this emerging area. Specifically, TI partnered with eight IoT cloud service providers and Cisco launched a challenge to help IoT startups get more visibility.
John Chambers, Cisco's chairman and CEO, saw his total compensation rise to $21.1 million during the company's latest fiscal year--up almost double from the $11.7 million he received in total compensation the year previous.
Juniper Networks CEO Kevin Johnson announced he is retiring after five years heading up the telecom networking company. Johnson, age 52, told Bloomberg that he is retiring to focus on "personal priorities" and will remain in the job until his replacement is found.
Cisco Systems CEO John Chambers predicted that the cost of transporting mobile data will follow a path similar to mobile voice: As networks become more efficient, the cost of transmitting mobile data will fall.
Due to the move to IP network architecture and because of its recent acquisitions in the mobile industry, research firm Strategy Analytics is warning that Cisco Systems could grow into a major player in the wireless network equipment space, challenging the likes of Ericsson, Nokia Siemens Networks and Alcatel-Lucent.
Much has been made in recent days of Cisco Systems breaking ties with the consumer market by selling Linksys, but if there is a broader telecom resurgence to be had for the company it will come through new networking products connecting with the latest technology trends.
Vendors are lining up to prove their technologies satisfy the aims of the planned nationwide multi-vendor public safety LTE network. Among those are Nokia Siemens Networks, Cisco Systems and Harris, which jointly announced completion of conformance and interoperability testing of their public safety LTE solutions at the Department of Commerce Boulder Laboratories in Boulder, Colo.
Cisco Systems has acquired Ireland's ThinkSmart technologies, a location analytics company that Cisco reportedly will leverage to bring greater intelligence about usage patterns, such as traffic trends, usage durations and peak-time fluctuations, to service provider and enterprise Wi-Fi networks.
Increased data traffic on LTE networks, accompanied by a range of operator efforts to deal with it, will be likely side effects of Apple's decision to include LTE capability in the new iPhone 5.
Session border controller vendor Acme Packet's shares declined almost 16 percent on Friday after revealing a lower than expected financial forecast for the second quarter of 2012.