On Tuesday, Shares of Alcatel-Lucent (NYSE:ALU), lost -1.99% to $3.94.
Nuage Networks, backed by Alcatel-Lucent’s (Euronext Paris and NYSE: ALU) rapidly growing IPR&T division, has the pedigree to serve the needs of the world’s biggest clouds. The cloud has made promises – the mission of Nuage Networks is to assist you realize them.
Nuage Networks, the Alcatel-Lucent (Euronext Paris and NYSE: ALU) venture focused on software-defined networking (SDN) solutions, declared recently that CenturyLink, Inc. (CTL) has selected its technology to provide networking functionality for CenturyLink’s Programmable Services Backbone (PSB) network architecture.
PSB is an open, software-enabled platform for delivering dedicated services based on NFV technology to CenturyLink’s enterprise and small and mid-sized business (SMB) customers at any time regardless of their location. It places applications and services close to the network edge so they can be deployed, modified and scaled rapidly as business demands change. CenturyLink was one of the first providers to use NFV to deploy firewalls and content distribution networks. The company recently declared that, in the coming months, it anticipates to start deploying a range of virtualized data and voice infrastructure services, counting customer premises endpoints.
“By moving virtualized network functions from a hardware appliance to a pure software environment coordinated by OpenStack and Nuage Networks, CenturyLink will be able to automate provisioning with a policy-based approach,” Nuage Networks Chief Executive Officer Sunil Khandekar said. “It allows CenturyLink to develop, launch and perfect virtualized network services rapidly.”
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Shares of Nidec Corporation (NYSE:NJ), inclined 0.77% to $19.62, during its current trading session.
NIDEC Corporation, declared the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 22 , 2015, following Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
Details of Share Repurchase
- Period of own share repurchase: From October 1, 2015 through October 31, 2015
- Class of shares: Common stock
- Number of own shares repurchased: 0
- Total repurchase amount: 0 yen
NIDEC Corporation manufactures and sells electric motors and related components and equipment worldwide. It offers hard disk drives spindle motors and other small precision motors for optical disk drives, electronic cooling fans, refrigerators, DVD recorders, laser printers, copiers, polygon scanners, automobiles, and other applications, in addition to vibration mechanism for mobile phones.
Finally, Xerox Corporation (NYSE:XRX), is now trading with -0.62% loss, and is at $9.62.
Xerox Corporation, declared the appointment of Darrell Ford as chief human resources officer and senior vice president of the corporation. He will join the company on Dec. 1, 2015.
“Darrell brings proven leadership skills and a strong background across all HR competencies,” said CEO Ursula Burns. “His sound business acumen and global perspective will assist Xerox to continue to adapt and to address the needs of our increasingly diverse workforce.”
Ford comes to Xerox from Advanced Micro Devices (AMD) where he has been chief human resources officer since 2012. At AMD, Ford assisted guide the company’s successful “AMD Way”, an ongoing effort to align the global employee population around a culture of commitment to assist create improved value for customers and shareholders. Before joining AMD, Ford was vice president of human resources for the Retail and Lubricants divisions at Shell Oil. He joined Shell in 2008 from Honeywell International, where he served as vice president of human resources and led their Centre for Organizational Effectiveness.
Ford, 50, has a law degree and an M.B.A. from Rutgers University. He is a member of Human Resources 50, HR Policy Association, American Bar Association – Labor and Employment Section, and the Society of HR Planning.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.