COLORADO SPRINGS, Colo. — L.M. Ericsson's $2.1 billion offer for Redback Networks Inc. announced late Tuesday (Dec. 19) represents a 60 percent premium over the router company's recent stock price, ...

Redback Networks Inc., which makes routers used to direct data over broadband networks, said late Tuesday it has agreed to be acquired by Swedish mobile phone equipment maker LM Ericsson for $2.1 ...

Origin Energy reported that the Weatherford drilling rig 826 is currently on location in preparation for the drilling of the Redback South 1 exploration well. Origin Energy, on behalf of the L11 Joint ...

With $2.1 billion, company beefs up IP-routing expertise as it tries to help phone companies offer services like IPTV. Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone ...

Origin Energy, on behalf of the L11 Joint Venture parties, advised that the Weatherford drilling rig 826 is currently moving onto location in preparation for the drilling of the Redback South 1 ...

Telefonaktiebolaget LM Ericsson has agreed to acquire Redback Networks, a maker of carrier edge routers, for US$2.1 billion. Redback, in San Jose, Calif., makes routers for delivering voice, video, ...

Swedish telecommunications company Telefonaktiebolaget LM Ericsson has agreed to acquire Redback Networks Inc., a maker of carrier edge routers, for $2.1 billion. Redback, in San Jose, makes routers ...

Redback Networks, the edge router maker recently acquired by Ericsson, Monday unveiled its third-generation system which boasts a twofold increase in capacity for video networks, as well as other ...

SAN FRANCISCO, December 20 (bdnews24.com/Reuters) - Telecommunications equipment maker Ericsson AB will buy data networking equipment vendor Redback Networks Inc. for ...

SAN FRANCISCO (MarketWatch) -- Ericsson has agreed to acquire Redback Networks Inc. in a $2.1 billion cash deal, company officials said Tuesday evening. Telecommunications equipment giant Ericsson ...