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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: JakeStraw who wrote (7614)2/14/2000 11:51:00 AM
From: Sarkie  Read Replies (2) of 8358
 
News February 14, 11:44 Eastern Time

Cabletron to establish four independent operating companies

FEB 14, 2000, M2 Communications - Cabletron Systems, a provider of networking
products and services, has decided to establish four independent operating
companies as part of a project to realign Cabletron's operations and
organisational structure.

The four companies - Riverstone Networks, Enterasys Networks, Global Network
Technology Services and Aprisma Management Technologies - will focus on the key
high-growth areas in the communications marketplace - service provider,
enterprise e-business, professional services and infrastructure management.
Initially they will all be Cabletron's subsidiaries, but it hopes eventually to
spin them out to shareholders as four separate publicly traded companies.

((Comments on this story may be sent to tww.feedback@m2.com))

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