August, 2009
China-only Nokia 3208c has touchscreen, knows the language
Posted on August 31, 2009 |
Nokia announced its second China-specific mobile phone - the Nokia 3208c. It sports a touchscreen in order to support handwriting, like its predecessor - the Nokia 6208cbut doesn't run on Symbian as you...
Nokia 3720 classic: Handle without care
Posted on August 31, 2009 |
The Nokia 3720 classic is putting on its boots, pulling on its anorak, slinging its rucksack over its shoulder and striding out into the unfriendliest of environments: water, dust, tough ground.you name it, this device promises to shrug it off...
Calix Raises $100 Million in Funding
Posted on August 31, 2009 |
Carl Russo, the legendary entrepreneur who sold a start-up to Cisco for $7 billion several years ago, can be proud of another milestone. On Aug. 31, Calix, a networking equipment company where Russo is CEO, announced it completed a $100 million round of funding lead by Foundation Capital. Russo tells BusinessWeek.com he poured in some of his own money as well.
What's the money for? It could be used for future acquisitions, to rev up production, and to enter new markets. "We thought we had an opportunity to accelerate our growth rate," Russo tells BusinessWeek.com. In 2008, privately-held Calix's sales of gear used in broadband networks rose 29%, to more than $250 million, according to the company. And while he wouldn't release this year's results, Russo says Calix has gained market share in 2009.
In the coming months, Calix hopes to benefit from Obama Administration's broadband stimulus initiative, a program designed to bring broadband into rural areas that Calix's carrier customers service. About 40% of U.S. rural service providers use Calix's equipment to deliver video and other broadband services to the home, according to the company.
The company may also consider growing its global presence beyond North and Latin America. "We have global aspirations," Russo says. Acquisitions may be in the works as well. So far, Calix has only acquired one company more than three years ago.
While it's been speculated that Calix may try to go public, that may not be in the cards for now. "It was never an issue raising funds [privately]," Russo says. "I am sure at some point in time [an Initial Public Offering] will occur."
Would Russo consider selling Calix? "We shouldn't build a business to be acquired, and we shouldn't build a business not to be acquired," Russo says. "If somebody starts writing us a check with a lot of zeros in it..."
Introducing the nondenominational Laptop Burka
Posted on August 30, 2009 |
For those of you in parts of the world where there remain only four or five sunny days--London, New York--the wonderful news that I am about to impart may well be a little frustrating.
However, for those of us in the deserving paradise of the American west coast, this is ...
Originally posted at Technically Incorrect
Digital City No. 47: Installing Snow Leopard and the fallout from falling PS3 and Xbox 360 prices
Posted on August 29, 2009 |
Episode 47 of the Digital City, where we install Apple's new Snow Leopard OS update; discuss the current round of game console price cuts; check out some Netbooks with HD displays; and
...Originally posted at Digital City Podcast
