Briefs: Nortel acquires router producer Tasman

December 27, 2005

San Jose router producer Tasman networks has been acquired by Nortel for more than $99 million cash in a deal expected to close in the first quarter.

Nortel said the deal would bolster its position in the fields of secure Internet Protocol telephony and multimedia networks.

Tasman's wide-area routers are designed to make it more cost-effective for business customers to deploy networks. Nortel said it would use them to augment its own convergence solutions for data and multimedia.

"We anticipate that the Tasman products will complement our enterprise infrastructure solutions and further our ability to provide seamless, feature-rich networks that support critical real-time applications -- including voice, video, and streaming multimedia applications," Nortel's Steve Slattery said.

Nortel plans to market Tasman routers as part of its Nortel Secure Router line aimed at small and medium-sized branch offices.

Copyright 2005 by United Press International

Related Stories

Recommended for you

Power grid forecasting tool reduces costly errors

July 30, 2015

Accurately forecasting future electricity needs is tricky, with sudden weather changes and other variables impacting projections minute by minute. Errors can have grave repercussions, from blackouts to high market costs. ...

Unusual red arcs spotted on icy Saturn moon Tethys

July 30, 2015

Like graffiti sprayed by an unknown artist, unexplained arc-shaped, reddish streaks are visible on the surface of Saturn's icy moon Tethys in new, enhanced-color images from NASA's Cassini spacecraft.

The sound of music, according to physicists

July 30, 2015

Joshua Bodon is sick of hearing "Somewhere Over the Rainbow." More specifically, he's sick of hearing one 25-second clip of the song repeated more than 550 times.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.