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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO?
VRTL 52.44-13.6%2:50 PM EST

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To: Adam Smith who wrote (988)1/16/1998 9:06:00 AM
From: Dana Johnson  Read Replies (2) of 1119
 
Sonoma deal is inked!

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Jan. 16, 1998--
Retix(R)(Vertel(R)) (NASDAQ:RETX) Friday announced the signing of a definitive agreement for a new multimillion dollar investment in the company's broadband access equipment subsidiary, Sonoma Systems(TM).
The new investor group includes several leading networking and communications industry venture capital firms including Crosspoint Venture Partners, with more than $300 million in capital under management, and VantagePoint Venture Partners serving as co-lead investors. ...
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