News In Brief: Cisco, Samsung, BT, Facebook, Thaicom, Motorola, Tele Atlas
Cisco said it would acquire SaaS-based web security provider ScanSafe for $183 million. If approved, the deal will close in Q2 of Cisco's FY10.
Mobile app distributor Handmark and Samsung have launched a new Global Venture Fund that will provide up to €168,000 to each developer.
BT has launched Hybrid VPN, a managed service that allows customers to access corporate VPNs via a secure public internet connection. The service, available in 130 countries, extends the VPN to employees in locations previously considered too remote or expensive.
Columbia Pictures will start production next week on a biopic about the creation of Facebook, The film, called The Social Network, stars Jesse Eisenberg, as Facebook founder Mark Zuckerberg, and Justin Timberlake, as founding president Sean Parker.
Thaicom will issue 7 billion baht ($209 million) worth of senior debentures to investors, in an effort to help pay the loans incurred during the launch of its fourth and fifth satellites.
Motorola is working closely with China-based handset makers rather than its former Taiwan partners for the production of entry-level and mid-range phones, DigiTimes reports.
Digital mapping and navigation provider Tele Atlas has secured a deal with Samsung to embed its maps into Samsung GPS-enabled mobile phones.