Hasta La Gadget!

Nokia Siemens Networks has long been eager to shed as much weight as it can (unfortunately, including some staff) in a bid to turn around a business full of legacy hardware. The next on the chopping block, however, is a big one: the optical networking division. NSN has struck a deal to sell the fiber-focused group to Marlin Equity Partners and spin it out as a separate company. While the price of the deal isn’t public, we’re glad to hear that the 1,900 workers affected by the shift should keep their jobs if the agreement closes as promised, in early 2013. NSN chief Rajeev Suri makes no bones about the handover’s goal — it’s to let his company concentrate on LTE and other thriving businesses while giving the optical group a second chance through Marlin’s investment, if all goes well. We’re left with an NSN that’s considerably smaller than what we knew from its glory days, but it could be worth the hurt pride if the company stays standing.

Continue reading Nokia Siemens Networks sells off its optical business, swings focus to LTE

Filed under: Wireless, Networking, Mobile

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Source: GigaOM

Intellectual Ventures is best known for its tendency to sue everyone, but it’s going some distance to mend that bruised image through a newly spun out company, Kymeta. The startup hopes to improve the quality of satellite broadband through mTenna-branded, Ka-band hotspots made from metamaterials — substances that can boost and manipulate a satellite signal while occupying virtually no space, leading to self-pointing transceivers that are just a fraction of the size of what we use today. That still amounts to equipment the size of a laptop running at a peak 5Mbps, although it’s small enough that Kymeta sees hotspots reaching individual customers who want access from a boat, a car or the field. We’d just advise against tossing out the MiFi too quickly. Kymeta doesn’t expect the hotspot to be ready before late 2014 at the earliest, and that leaves many questions about how much of a hit we’ll take to the pocketbook.

Filed under: Wireless, Networking

Intellectual Ventures launches Kymeta spinoff, promises slim satellite broadband hotspots originally appeared on Engadget on Tue, 21 Aug 2012 17:29:00 EDT. Please see our terms for use of feeds.

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