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Juniper Networks Inc. of Sunnyvale has signed a definitive agreement to acquire Kagoor Networks in a transaction valued at $67.5 million in cash, plus options and certain other incentives and equity compensation. Headquartered in San Mateo with a research and development center in Herzelia, Israel, Kagoor produces SBC systems that are installed in over 100 carriers worldwide, most of which also use Juniper Networks' platforms. Kagoor also brings powerful synergies through a number of common strategic partnerships including Lucent, Siemens and NEC. Juniper Networks will leverage the acquisition to establish an Israeli R&D center that "will tap into the strong engineering talent pool in Israel," the company said…

Global giant Hewlett-Packard has reclaimed the leadership position in the worldwide notebook PC market, according to a recent International Data Corporation (IDC) report. HP recaptured the top spot for notebooks with a 15.6% market share. The Silicon Valley-based company's unit shipments for the notebook segment worldwide grew nearly 21% percent quarter over quarter, almost 1.4 times the industry growth rate, according to the analyst firm's fourth quarter 2004 analysis. Additionally, the company's quarter-over-quarter growth rate was more than five times its nearest competitor's, it said. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion.

San Jose-headquartered eBay has selected BBDO to be its marketing agency of record in the United States. BBDO will provide integrated leadership across all parts of eBay's marketing operations, including Internet marketing, direct marketing, and print and television advertising, according to a company press release. eBay spent $455 million on global online and offline marketing programs last year. Of that amount, approximately $250 million was spent in US marketing initiatives. eBay's prior agency of record was the San Francisco-based boutique agency, Goodby, Silverstein & Partners...
 
Accepting the punitive action recommended by Japan's fair trade agency, the Intel Corp. has said it would change some of its business practices that critics contend gave the chip maker an unfair advantage in the personal computer market. But the world's largest semiconductor company said it still disagrees with the accusations and questions how Japan's Fair Trade Commission was applying the law. Santa Clara-based Intel's response came nearly a month after the agency ruled the company violated Japan's anti-monopoly laws by offering discounts in exchange for exclusive or near-exclusive deals with Japanese computer makers. The investigation was triggered by the complaints of rivals including computer makers Hitachi Ltd., Sony Corp., Fujitsu Ltd., Toshiba Corp. and NEC Corp. were offered discounts on the condition that they either use Intel processors exclusively or limit the use of competitors' chips to 10%. Japanese regulators claimed Intel broke antitrust laws as early as 2002. Intel's market share in Japan jumped from 78% that year to 90% in 2004, according to the research firm IDC. Rival Advanced Micro Devices Inc.'s share dropped from 18% to 8%. Under the order, the chip maker can no longer require customers - or can customers commit - to use Intel chips exclusively or near exclusively across product cycles, which typically span three or four months. Intel must now submit a bid for each cycle - even if a customer wants a deal to run longer.  The order also bars Intel from contractually requiring a customer from using Intel chips 100% of the time, though the PC makers can continue to do so if they choose. In 2004, Japan accounted for 9% of the company's total sales of $34.21 billion; and…

InfoSonics Corporation, the San Diego-based distributor of wireless handsets in the US and Latin America, has acquired a company with the distribution rights for Samsung cellular phones and accessories. The wholly owned subsidiary will be distributing Samsung cellular phones and accessories in Argentina through Jan 2007. The sales in Argentina will be handled on an agency basis by MultiRadio S.A., a local company based in Buenos Aires with more than 25 years experience selling wireless communication equipment, the company said.

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