A new portal about Armenia featuring its travel and tourism www.welcomearmenia.com, one of the most popular Armenia information and services website, announces opening of its Business & Job Directory sections, providing professional information and services for employees and employers. These sections serve as effective feedback and online career center.

NEC Corporation, leading global provider of IT, network, and electron device solutions and Valista International Ltd., the leading provider of merchandizing, payments, and settlement solutions accelerating and automating digital commerce, have formed a strategic partnership to target payments solutions business opportunities in Japan with secure and flexible payments offerings.

Motorola, Inc. and Terayon Communication Systems, Inc. today announced that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Terayon's common stock for $1.80 per share in cash. The transaction will have a total equity value of approximately $140 million on a fully-diluted basis.

Konica Minolta Holdings, Inc., Konica Minolta Technology Center, Inc. and the General Electric Company today announced that they have signed a strategic alliance agreement to accelerate the development and commercialization of OLED (Organic Light Emitting Diode) devices for lighting applications. The goal is to bring OLED lighting to market within the next 3 years.