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ACCC clears Optus to scrap HFC network and use NBN instead

The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read more

Juniper buy Acorn Packet Solutions

IT Industry - Deals

Juniper Networks has acquired Acorn Packet Solutions for approximately $US8.7 million.

Acorn develops products and technologies that natively connect legacy TDM and other circuit-based applications across IP networks. The company was founded in 2002 and its main market is the US Federal Government. Revenue in fiscal 2004 was less than $US1 million.