Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Cisco Acquires U.K.-Based Ubiquisys for $310 Million

Networking giant Cisco Systems said today that it will spend $310 million to acquire Ubiquisys, a maker of indoor, small-cell LTE wireless networking gear, based in the U.K. The company specializes in making femtocells, miniature wireless base stations that boost wireless coverage inside buildings where traditional cell towers sometimes struggle. In a statement, Cisco described the deal as a “doubling down” of its own existing small-cell business.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work