Italian specialty fiber firm Prysmian has offered €840 million (US$1.15 billion) to buy fellow cable-maker Draka Holding NV (Amsterdam: DRAK.AS). The move is a blow to rival fiber-maker Nexans , which also wants to buy Draka, but its recent bid was deemed inadequate. (See Prysmian Lands Draka for $1.15B.)
France Telecom CEO Stéphane Richard has been chipping in with his take on the net neutrality debate by telling a conference in Montpellier that major bandwidth-hoggers such as Google (Nasdaq: GOOG) and Facebook should pay their way, reports Connexion France.
T-Systems, Deutsche Telekom AG (NYSE: DT)'s enterprise systems unit, is launching a cloud based IaaS (infrastructure as a service) offer for corporate customers. According to the vendor, the offering, which will be charged for on an hourly basis, will enable companies to engage in CPU-intensive research projects or simulations without the need to dip into their capital expenditure budgets to buy expensive hardware. (See T-Systems Launches IaaS.)
Google has agreed to delete all the personal data that its Street View vehicles accidentally collected from the UK's WiFi routers "as soon as possible" and will not be fined for its slip-up, reports the BBC. (See Euronews: Oct. 25.)