SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-67.5%Nov 7 11:47 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scrapps who wrote (5387)9/18/1997 1:54:00 PM
From: Moonray   of 22053
 
INTEL AND COMPAQ JOIN FORCES TO ACCELERATE
NETWORKING TECHNOLOGY AND STANDARDS;
COMPANIES PLAN JOINT DEVELOPMENT AND
TECHNOLOGY LICENSING TO FURTHER DEPLOYMENT OF
ADVANCED NETWORKING

HILLSBORO, Ore. and HOUSTON--(BUSINESS WIRE)--Sept. 18, 1997--
Intel Corporation (NASDAQ:INTC) and Compaq Computer Corporation
(NYSE:CPQ) today announced an alliance involving the advancement of
high-performance networking technologies, products and specifications. The
goal of the alliance is to further develop industry standards and to speed the
deployment and evolution of new networking technologies.

The two companies will engage in technology licensing, cooperative
engineering and product development. The results are expected to generate
more affordable, efficient and interoperable networks for IT managers. The
companies expect network interface controllers, adapters, switches, hubs,
xDSL technology and remote access servers to be enhanced by this
agreement. As a result of this alliance, customers will have faster access to
high-performance networking solutions based on industry standards and will
be able to deploy these solutions with greater ease. Both companies share the
mission to more tightly integrate clients, servers and standards-based
networking components, resulting in solutions with improved performance and
reduced complexity.

"With this agreement, we are delivering on our promise to provide
standards-based, seamless, demystified solutions for next-generation,
high-bandwidth networking," said Alan Lutz, senior vice president and group
general manager, Compaq's Communication Products Group. "We're certain
that this joint effort will inexorably alter the landscape of the networking
marketplace." "Intel and Compaq share a vision of matching network
performance with advanced systems such as those based on Intel's
high-performance Pentium(R) II processor," said Frank Gill, Intel executive
vice president and general manager of the Internet and Communications
Group. "Building on both companies' networking strength, the alliance
combines Compaq's system and channel expertise with Intel's leadership in
silicon and technology building blocks to deliver further advances for business
computing."

Each company has a heritage of creating products that solve customer
problems. This alliance builds on that proven track record and brings Compaq
and Intel squarely into leadership positions in the networking arena. This
collaboration will further magnify their strengths in bringing technology
products and customer support to the market. Both companies will work to
provide customers a smooth transition from Ethernet to Fast Ethernet to
Gigabit Ethernet. Gigabit Ethernet is just one example of where the two
companies plan to work together to bring high-availability networking features
to the server. Another area is port aggregation, which dynamically increases
bandwidth by combining multiple Fast Ethernet channels. The companies
expect to announce product based on this alliance in the fourth quarter. Intel
Corporation

Intel, the world's largest chip maker, is also a leading manufacturer of
personal computer, networking and communications products. Additional
information is available at www.intel.com/pressroom . Compaq Computer
Corporation Compaq Computer Corporation, a Fortune 100 company, is the
fifth largest computer company in the world and the largest global supplier of
personal computers, delivering useful innovation through products that
connect people with people and people with information. The company is an
industry leader in environmentally friendly programs and business practices.
Compaq is strategically organized to meet the current and future needs of its
customers, offering Internet and enterprise computing solutions, networking
products, commercial PC products and consumer PCs. As the leader in
distributed enterprise solutions, Compaq has shipped over a million servers. In
1996, the company reported worldwide sales of $18.1 billion. Compaq
products are sold and supported in more than 100 countries through a
network of authorized Compaq marketing partners. Customer support and
information about Compaq and its products can be found at
www.compaq.com or by calling 1-800-OK-COMPAQ. Product information
and reseller locations can be obtained by calling 1-800-345-1518.

Note to Editors: Compaq, Registered U.S. Patent and Trademark Office.
Netelligent is a trademark of the Compaq Computer Corporation. Product
names mentioned herein may be trademarks and/or registered trademarks of
their respective companies. Intel and Pentium are registered trademarks of
Intel Corporation.

Copyright 1997, Business Wire. All of the releases provided by Business Wire are protected by copyright and other
applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's
members, who are solely responsible for their content, accuracy and originality. All reproduction, other than for an
individual user's reference, is prohibited without prior written permission.
nasdaq!

o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext