Sycamore Networks to Start New R&D Center in China
Sycamore Networks to Start New R&D Center in China « H E » MN1 Exclusive :: email posted Friday, 27 July 2007Shares of Sycamore Networks Inc. (Nasdaq: SCMR) are up 15 cents, nearly 4 percent, to $4.19 on volume of 2.7 million this morning, still reeling from Tuesday's news that prompted shares to a high of $4.34 earlier this week. Offering network solutions for fixed line and mobile network operators across the globe, Sycamore Networks announced it will open a new Research and Development (R&D) center in China. "Our new Shanghai R&D center will strengthen our ability to deliver best-in-class…