In a surprise announcement last Friday, Belden announced a $133M cash acquisition of Trapeze Networks. The surprise wasn't so much that Trapeze might be acquired -- privately held and not having had the same level of success as its fierce competitors, it was not altogether surprising -- but who purchased it. There are several enterprise networking vendors that OEM rather than own wireless product line (i.e., Extreme, Foundry, Juniper, etc.) that could have benefited from Trapeze's wireless expertise, no one more than Nortel Networks.

Is there anything more infuriating than your off-site storage provider losing your backup tapes? I mean, ISN'T THAT THEIR PRIMARY BUSINESS FUNCTION!? I guess I shouldn't bark too loud, I've been known to lose a thumb drive or two. But there's a big difference -- my thumb drives never contain the personal banking information of millions of customers, like the unencrypted backup tapes lost from the Bank of New York Mellon did recently.