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Voip News
WhatsApp Begins Voice Calling Feature
WhatsApp is a popular messaging service that many people use in lieu of SMS messaging. Recently, WhatsApp began gradually rolling out a new VoIP feature that will allow users in India to engage in voice… →
Voxox Will Now Supply Cloud Phone Hosted VoIP
Every business owner is looking for ways to save money, time, and to increase the productivity of their business. Voxox, an internet phone service provider, is now offering a solution to this concern.… →
Voip Press releases
4PSA Receives 2014 INTERNET TELEPHONY Product of the Year Award
Orlando, Florida - February 4, 2014 - 4PSA - a technology leader in cloud communications software, announced today that TMC, a global, integrated media company, has named VoipNow Cloud OnDemand as a recipient… →
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 Huawei Acquires Symantec for $530 Million
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21 November 2011
Huawei, Chinese telephone and networking equipment maker, has recently announced that the company had agreed to acquire Symantec, its Hong Kong joint-venture partner, for $530 million.
US officials has already demonstrated their concerns about security issues. The acquisition is expected to be completed in the Q1 2012.
The partnership between these two companies has never been profitable, and the agreement between them to acquire full ownership in other one - eventually. Symantec, a computer security software specialist, had been the more logical choice to sell its share of the security and storage products vendor, founded in 2008, as the JV is under the Huawei execs’ control in Hong Kong.
According to Bloomberg, “Intelligence officials told that long-standing concerns about Huawei's ties to the Chinese military and its Ministry of State Security could cause U.S. officials to examine the deal more closely.”
And Huawei’s officials deny any ties to the Chinese government or military.
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