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Nortel Acquires Router Vendor Tasman Networks
By
ChannelTimes Staff
International Desk, Dec 28, 2005
Communications solutions vendor Nortel Networks is acquiring Tasman Networks, a California-based networking company that makes enterprise routers.
Nortel is paying $99.5 million for the acquisition, which it said will enhance its ability to deliver end-to-end converged enterprise networks. The acquisition is anticipated to close in the first quarter of 2006 and is subject to customary closing conditions.
Steve Slattery, president, enterprise solutions and packet networks, Nortel, said, "We anticipate that the Tasman products will complement our enterprise infrastructure solutions and further our ability to provide feature-rich networks that support critical real-time applications - including voice, video, and streaming multimedia applications."
Tasman, founded in 1997, delivers wide-area network IP routers. The company said that its products will augment Nortel's convergence solutions for data and IP multimedia customers and are planned to be marketed as part of Nortel's Secure Router line.
This portfolio, aimed at small to medium-sized branch office deployments, is designed to provide routing and multicast services; and is capable of running services such as voice, VPN, firewall, and quality of service simultaneously with wire-speed performance.
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