Briefs: Nortel acquires router producer Tasman

Dec 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

Explore further: Amazon ups Ohio jobs to 1,000, begins collecting sales taxes

Related Stories

Expanding the code of life with new 'letters'

17 minutes ago

The DNA encoding all life on Earth is made of four building blocks called nucleotides, commonly known as "letters," that line up in pairs and twist into a double helix. Now, two groups of scientists are reporting ...

Why Americans can't buy some of the best sunscreens

7 minutes ago

With summer nearly here, U.S. consumers might think they have an abundance of sunscreen products to choose from. But across the Atlantic, Europeans will be slathering on formulations that manufacturers say provide better ...

Social media & archaeology—a match not made in heaven

33 minutes ago

Archaeologists are avid users of social media, as well as online crowd-based funding and content-sourcing tools—deploying them to save sites, sustain the historic environment and protect history, often ...

Recommended for you

Project Jacquard to weave interactivity into textiles

1 hour ago

"Wearables" represents a broad-category of how we will interact with the digital world away from our laptop screens. It embraces arm bands, socks, bracelets, rings and watches. Google is now enhancing that ...

Silk Road website mastermind faces lengthy jail term

4 hours ago

The American convicted of masterminding criminal website Silk Road, which sold $200 million worth of drugs to customers all over the world using digital currency Bitcoin, will be jailed Friday.

Microsoft Research project can interpret, caption photos

6 hours ago

If you're surfing the web and you come across a photo of the Mariners' Felix Hernandez on the pitchers' mound at Safeco Field, chances are you'll quickly interpret that you are looking at a picture of a baseball ...

App data vulnerability threatens millions of users

6 hours ago

Researchers of the Technische Universität Darmstadt and Fraunhofer SIT have investigated Cloud databases and established: developers wrongly use authentications for cloud services thereby threatening millions ...

User comments : 0

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.