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Technology Stocks : NOKIA NEWS

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To: Mephisto who wrote ()4/4/2000 11:02:00 AM
From: Mephisto   of 212
 
Nokia, Cisco sign networking deal

By Gareth Vaughan, CBS MarketWatch
Last Update: 6:40 AM ET Apr 4, 2000


HELSINKI (CBS.MW) -- Nokia Oyj and Cisco Systems unveiled a
non-exclusive networking deal Tuesday that aims to boost connectivity between mobile networks and Internet protocol backbone networks.

Nokia (NOK: news, msgs), the world's biggest cell
phone maker, is to market and sell interoperable
systems products including Nokia's Internet
protocol (IP) mobility core and Cisco's backbone
routing technology.

Nokia is to use Cisco's backbone routing, LAN
switching and enterprise products to build wireless
IP networking products for its customers.
Meanwhile, Cisco (CSCO: news, msgs) will train
Nokia's engineers to use its products and
technologies such as the Catalyst family of switches
and the Cisco 12000 Gigabit Switch Router.

"This non-exclusive agreement will give operators
the ability to have comprehensive wireless
systems solutions combining world class backbone
technology, mobile core, Internet network planning,
implementation and support services," the two
companies said in a statement."


Gareth Vaughan is a reporter for CBS MarketWatch in London.

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