AT&T makes investment in Clovis Solutions

Nov 11, 2005

AT&T is making an unspecified investment in Clovis Solutions, a move AT&T says underscores its support for open networking standards.

The deal gives AT&T a stock position in Clovis, a Silicon Valley firm that produces a hardware platform and open-source application environment. AT&T said the deal was the latest in a corporate strategy of making equity investments in promising technologies that support AT&T networking objectives.

"AT&T strongly believes that a modular, open- systems approach is needed for the elements of our next-generation network," said Clovis' Hossein Eslambolchi. "We believe Clovis Solutions provides solid, scalable, carrier-class software for next-generation open-hardware and software platforms, which will increase the operational efficiencies of our network."

No other specifics of the investment or near-term goals of the partnership have been revealed.

Copyright 2005 by United Press International

Explore further: What Microsoft didn't say about Windows 10 is important to know

add to favorites email to friend print save as pdf

Related Stories

FACT CHECK: Both sides in Keystone XL debate bend facts

1 hour ago

Supporters of the Keystone XL pipeline, which would run from Canada to the Gulf, say the privately funded, $8 billion project is a critically needed piece of infrastructure that will create thousands of jobs ...

Recommended for you

Google delivers another earnings letdown, stock sinks

2 hours ago

Google has gotten into the habit of missing analysts' earnings targets, frustrating investors who believe the online search leader would be more profitable it wasn't pouring so much money into far-flung projects ...

Skin device uses motion to power electronics

3 hours ago

Can a skin patch power wearables? Skin-based generators have become an area of focus among researchers working on how to scavenge muscle motion whereby skin becomes a charge-collector. A detailed report in ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.