Sterlite Tech’s Italian unit to buy Metallurgica Bresciana for 47 million euros

Sterlite Technologies today said one of its subsidiaries will acquire Metallurgica Bresciana, a European specialised optical cable manufacturer, for 47 million euros in an all-cash deal. The acquisition, which will be done through Sterlite Technologies’ wholly-owned Italian subsidiary Sterlite Technologies SpA, is earnings per share (EPS) accretive and the deal is expected to be closed […]

D-Link unveils four Ethernet switches targeted for Industrial automation

D-Link has unveiled a line-up of Ethernet switches that are available in four variants – DGS-F3400, DGS-F3600, DES-F3200, and DGS-F3000. These switches are acclaimed to operate in extreme weather, resist shock/vibration, and surge ratings, thereby offering high redundancy and reliability. According to the company these switches are targeted for Industries such as the Oil and […]

Apple to ditch Intel radio chips by 2020

Amidst the Apple and Qualcomm’s legal battle, there were reports stating Intel would be the next radio and modem chipmaker for the upcoming iPhones. As of now, this year’s and probably the year after’s iPhones will most likely feature Intel’s chipsets, a new report claims that Apple has notified Intel that it will not use […]