Advanced Fibre (AFCI) ** IPO Message Board

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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: SteveG who wrote (306)	2/3/1998 4:19:00 PM
From: SteveG	Read Replies (1) of 3299

<..Nortel hasn't been an acquirer so that seems unlikely..> ===== Nortel Eyes Acquisitions As Part Of Data Networking Push PALO ALTO, Calif. (Dow Jones)--Northern Telecom Ltd. (NT) said it is eying acquisitions as part of a new push into the data communications market. The telecommunications equipment supplier is looking particularly at acquiring fibre and 100 megabit Ethernet technology, said F. William Conner, president of Nortel's newly formed data networking unit. On a conference call with reporters, Conner described acquisitions, as well as partnerships and internal research and development, as the means Nortel will use to expand its product portfolio. The company already markets the Passport family of wide-area-network switches in addition to IP, or Internet protocol, voice products from its Micom subsidiary. In an announcement Monday, Nortel said it was forming a new division with 3,000 employees to focus on the data networking market.

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