Here's a brief summary of last week's industry news:

Companies and Products

In a deal worth 1.2 billion euros, Alcatel-Lucent will provide broadband network infrastructure equipment and software to China Mobile and China Unicom.

Cree acquired the power electronics company APEI, adding module and system capability. Will this strengthen their pending IPO of the Power and RF segment?

Custom MMIC named John Greichen to the post of vice president of sales and marketing.

Ericsson is coordinating the European Union's METIS-II project, which will develop 5G radio system design and roadmap recommendations.

An IBM team has demonstrated 7 nm IC technology using SiGe transistors and extreme ultraviolet (EUV) steppers. For comparison, the size of DNA is 2.5 nm.

Keysight announced two new product capabilities: the UXA signal analyzer measures noise figure and demodulates analog signals. Signal Studio has been updated for 3GPP Rel-12, adding capabilities for testing LTE and LTE-Advanced designs.

In separate votes, NXP and Freescale shareholders approved NXP's acquisition of Freescale.

Peregrine Semiconductor announced UltraCMOS 11, Globalfoundries' 130 nm RF SOI process on 300 mm wafers.

Resonant released a white paper describing how their SAW technology reduces the size and cost of cellphone RF filters.

Richardson Electronics announced the company is forming the Power & Microwave Technologies group, led by Greg Peloquin. Seems like we've seen this play.

WIN Semiconductors reported Q2 revenue of NT$3099 million ($100 million). Revenue grew 10 percent above Q1 and 26 percent above last year's Q2.

Markets and Technology

After the Greeks overwhelmingly voted no and the country's financial system seemed ready to collapse, Prime Minister Alexis Tsipras backed away from the vote, EU finance ministers met all weekend, and we seem to have a framework to resolve the crisis.

3GPP Rel-13 begins to address IoT applications that have low data rates and require long battery life and low cost. The 3G4G blog has a good overview, citing a Huawei presentation.

Assessing Microsoft's recent write-down and layoff announcement, Wired concludes that Microsoft is ceding smartphones — at least hardware. Nokia's early dominance of cell phones is quietly passing into history.

22 rural Massachusetts towns have bonded together — $34.5 million worth of bonds — to construct a Gbps fiber network.

AT&T is also expanding 1 Gbps FTTH service, to suburbs around Dallas. 1 Gbps data rates runs "as low as" $110 per month.

We've noted Freescale's solid-state RF cooking technology. Here's a video demonstration from their partner Goji Food, showing a prototype system cooking a steak.

With cyber security breaches now a constant theme of life, U.S. and U.K. agencies recently "played" three weeks of cyber wargames, inviting banking and energy officials to participate.

Do you have digital amnesia? That's relying on technology to remember what we used to store in our brains.

Have a good week, and don't forget to check back for next week's installment of the Weekly Report.