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TELLABS INC (TLAB)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 10/22/2009 |
8-K
| Acquisition/merger/asset purchase announced|
Docs:
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"Agreement and Plan of Merger Among Tellabs, Inc., Tellabs Willow Corp. and WiChorus, Inc",
"Tellabs acquires WiChorus to revolutionize the mobile Internet Extends mobile solution with innovative 3G/4G mobile packet core to help customers succeed Naperville, Ill. — Users want mobile Internet services anywhere, anytime. Sales of smartphones are growing more than 30% a year, and netbooks are taking root. As a result, Tellabs' mobile customers expect mobile data traffic to grow 30% to 50% a year for the foreseeable future. Such high growth demands scalable, next-generation network architectures to deliver 3G and 4G services. That's why Tellabs, a leader in mobile backhaul networks, will acquire WiChorus of San Jose, Calif. The combination creates advanced 3G/4G mobile networks that revolutionize the mobile Internet, deliver new applications to generate revenue and simplify networks t..." |
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