Lawrenceville Ga. -- Scientific Atlanta is now known as the Cisco Service Provider Technology Group, a report said Saturday.
The name change comes as Cisco Systems Inc., which owns SA, brings the Lawrenceville, Ga.-based maker of cable television converter boxes closer to its parent company, The Atlanta Journal Constitution reported.
The newspaper said Jim McDonald, SA's chief executive officer since 1993, will now serve as an advisor to Tony Bates, the senior vice president and general manager of the service-provider group.
Cisco bought Scientific Atlanta in 2006 for nearly $7 billion.
"Cisco took its time in making changes," company spokeswoman Peggy Ballard said. "They didn't just want to come in and change to a model where we wouldn't have success."
Sunnyvale, Calif. -- Yahoo! Inc. maybe running out of options in its attempt to prevent a hostile takeover by Microsoft Corp., industry analysts said Friday.
The two companies have held informal talks, CNet News.com reported, but neither company has confirmed what was discussed.
Microsoft offered to buy Yahoo! six weeks ago for $44.6 billion. Since then, Yahoo!, which rejected the offer, has pursued deals with other companies, including Google and AOL. But none of the negotiations have come to fruition.
Furthermore, Yahoo! can "all but rule out performance improvement as a viable alternative to match the value of Microsoft's bid," Sanford C. Bernstein and Co. analyst Jeffery Lindsay wrote recently.
Lindsay said Yahoo!'s next quarterly financial report would be "mediocre," the Seattle Post-Intelligencer reported. He also said a deal with another company included "near insurmountable" difficulties.
America Online (AOL) confirmed on Thursday, that it will acquire social-networking site Bebo Inc. for $850 million, in a move that will help the company expand its presence in the rapidly growing online advertising.
A Polish priest has been declared the winner of the 2008 Templeton Prize, an award that is considered the most cash-rich annual academic prize in the world. Rev. Michael Heller is not only a priest, but also a mathematician, scientist, and author, besides being a good friend of the late Pope John Paul II.
Apple Inc., which is already facing two lawsuits over iPhone’s battery, has been slapped with another lawsuit, this time over the technology used in its iTunes online music store and iPod music players to distribute digital media over the Internet.
Digital video recorder maker TiVo Inc. announced on Wednesday, that its customers would soon be able to watch YouTube videos on their televisions via its digital video recorders (DVRs), a fastest way to get the stuff one can’t wait to see.
Brussels -- The European Commission has approved Google's $3.1 billion acquisition of DoubleClick, increasing its potential for ad revenues.
Google, which won approval for the purchase in the United States in December, immediately declared the deal was done. Critics of the deal complained that Google, which has 28 percent of the Internet advertising business and records 58 percent of U.S. Internet searches, would become too dominant.
Industry observer Jeff Chester, executive director of the Center for Digital Democracy, told The New York Times, the approval "set the stage" for Microsoft Corp.'s bid to take over Yahoo! Inc.
Yahoo! recently turned down a $44.6 billion unsolicited bid from Microsoft.
Google's Doubleclick purchase may jeopardize some jobs, but analysts said the combination is well suited. Google concentrates on multiple placement of small ads, while DoubleClick targets more complicated ads targeted to a specific audience.
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