Nokia on Wednesday said it would take a 10 percent stake in struggling communications-equipment maker Redback Networks for $35.8 million. As part of the agreement, the Finnish phone maker and Redback ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Redback Networks, an Ericsson company (NASDAQ:ERIC) that develops IP-based routers and switches for 75+ percent of the world’s largest telephone carriers, today ...

Internet gearmakers Extreme Networks and Redback Networks yesterday both reported increased sales for the most recent fiscal quarter, beating Wall Street's expectations by a hair. Both also lost money ...

The networking equipment company emerges from bankruptcy protection and completes a financial restructuring, eliminating $467 million worth of debt. Marguerite Reardon started as a CNET News reporter ...

Eight months out of bankruptcy, Redback Networks is on the comeback trail, as it racks up a slew of new contracts. On Wednesday, the broadband equipment maker announced that Bosnia Herzegovina-based ...

Redback Networks filed for Chapter 11 bankruptcy protection Monday after the company failed to muster enough shareholder votes to restructure itself outside of court. The San Jose company, a smaller ...

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, 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 ...

DENVER — Redback Networks Inc. made a long-anticipated filing for Chapter 11 bankruptcy in U.S. Bankruptcy Court in San Jose, Calif. on Monday (Nov. 3). The filing was part of a reorganization plan ...

eSpeaks' Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

Redback Networks Inc., which makes equipment used to deliver high-speed Internet service, filed for bankruptcy protection, seeking to execute a recovery plan that almost all of the company’s ...