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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

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To: KellyW who wrote (2865)12/18/2001 5:48:48 PM
From: chojiro  Read Replies (1) of 3350
 
BTW, I wanted to get back to you...

Fundamentally, JNPR bought Pacific Silicon 3 weeks ago. Great acquisition.

It was Pac Broadband, not Pac. Silicon.


SUNNYVALE, Calif. (CBS.MW) - Internet router maker Juniper Networks signed a definitive agreement Monday to acquire privately held Pacific Broadband Communications for $200 million in stock.
Based in San Jose, Pacific Broadband develops cable modem systems that enable cable operators to deliver high-speed voice and data services. Its flagship product is distributed exclusively by Scientific-Atlanta (SFA: news, chart, profile) in the United States and Canada.
marketwatch.com
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