This week was a busy one for tech M&A, with Cisco ( CSCO), Dell ( DELL) and Avaya all opening their wallets. On Thursday, Cisco confirmed its intent to acquire NDS, a developer of software for multichannel television networks, in a deal worth around $5 billion. The networking giant will use NDS to boost is Videoscape offering, which lets service providers deliver content over multiple devices. On the same day, Avaya announced its $230 million acquisition of videoconferencing and telepresence specialist Radvision ( RVSN), while on Tuesday, Dell grabbed network security firm SonicWALL for a rumored $1.5 billion. Cisco shares closed the week up 12 cents, or 0.6%, at $20.03, while Dell was down 5 cents, or 0.29%, at $17.30. > >> Bull or Bear? Vote in Our Poll
Sprint ( S) announced on Friday that it is walking away from the spectrum-hosting agreement it signed with LightSquared in June 2011. The move also signals that Sprint may move closer to its other 4G partner, Clearwire ( CLWR). Shares of Sprint ended the week up 9 cents, or 3.21%, at $2.89, while Clearwire was up 12 cents, or 5.58%, at $2.27.
For the coming week EMC ( EMC) will be hosting a news conference on Tuesday related to its Greenplum big data analytics division. Database giant Oracle ( ORCL) announces its third-quarter results after market close on the same day. -- Written by James Rogers in New York. >To follow the writer on Twitter, go to http://twitter.com/jamesjrogers. >To submit a news tip, send an email to: firstname.lastname@example.org.