"U.S. Robotics Announces Strategic Agreement With Broadcom to Bring Internet Access Products to Market"
businesswire.com
Courtesy of JCIWarrior on RG's BRCM board. Thanks much, JCI ;-).
===========================================================================
>>>BW2044 JAN 06,2001 6:01 PACIFIC 09:01 EASTERN
( BW)(IL-U.S.-ROBOTICS/BROADCOM) U.S. Robotics Announces Strategic Agreement With Broadcom to Bring Internet Access Products to Market
Business Editors & Technology Writers
ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--Jan. 6, 2001--U.S. Robotics Corporation today announced a strategic agreement with Broadcom Corporation, the leading provider of highly integrated silicon solutions that enable broadband digital transmission of voice, video and data.
U.S. Robotics plans to bring to market cable modems and Home Phoneline Networking Alliance (HomePNA) compliant products by the second quarter of 2001 and develop future, cutting-edge communications technologies, based on Broadcom's chips.
"U.S. Robotics is aggressively pursuing technology that will enhance its Internet access products and provide customers reliable access to the information they need," said Van M. Andrews, President and CEO of U.S. Robotics. "This agreement with Broadcom has long-term strategic implications for both companies. U.S. Robotics will have access to Broadcom's leading technology, and Broadcom will benefit from U.S. Robotics' No. 1 selling brand, channel relationships and consumer products experience."
"Broadcom's leading high-speed networking chip technology combined with U.S. Robotics' strong brand heritage, consumer product design and distribution channel creates a powerful relationship that aggressively targets new opportunities for both companies," said Jeff Thermond, Broadcom vice president and general manager. "With this agreement U.S. Robotics can create affordable and advanced Internet access solutions."
ABOUT U.S. ROBOTICS
U.S. Robotics is the world's leading modem provider, bringing the Internet into millions of homes and businesses around the world. For three decades, U.S. Robotics has been at the forefront of modem technology, and in the 1990's was the first to boost analog modem speeds to the V.90 56K standard. U.S. Robotics has reemerged as an independent company and will continue its tradition of making the most reliable, simple and innovative Internet access solutions available. All U.S. Robotics resources - from engineering to customer support - are dedicated to fulfilling that commitment. U.S. Robotics is a privately held company headquartered in the Chicago area. For further information regarding our company and products, please visit our website at www.usr.com.
U.S. Robotics is a registered trademark of U.S. Robotics Corporation. All rights reserved. All other company names mentioned herein may be trademarks of their respective owners.(c)2001 U.S. Robotics.
--30--ah/ny*
CONTACT: Coltrin & Associates for U.S. Robotics
Ahmad Corbitt
Office: 212/221-1616 ext.30
Mobile at CES: 609/915-3306
ahmad_corbitt@coltrin.com
KEYWORD: ILLINOIS
INDUSTRY KEYWORD: HARDWARE INTERNET NETWORKING
TELECOMMUNICATIONS MARKETING AGREEMENTS PRODUCT<<< |
