<<1) Yurie - ATM access concentrator equals ASND's SA line.
2) Livingston - RAS/RAC equals ASND's MAX/MAX TNT line, although ASND does own MUCH larger market share.
3) New IP switch - equals (roughly) the GRF line.
They still need the ATM switching line (and customer base to go with it). This makes a case for ASND.
But, to avoid a lot of overlap, they either develop in house or take FORE. FORE is loosely aligned with NT, but very loosely from what I can tell. NN is aligned with Siemens and has too much older TDM gear in the portfolio.
So if I had to place a bet, it would be FORE, or develop internally.>>
Not "equals" - PARALLELS. You can't say that just because they bought
companies with comparable products, they are equal. You have to consider all aspects, hardware capabilities, software capabilities, customer base, market penetration, price/performance, etc.
Just buying Livingston doesn't give them TNT equality, and just buying
or developing ATM doesn't automatically give them CSCC equality. Do you think buying FORE or Livingston, that LU gets all of ASND's customers and market share?
There is a big difference from just being a player and being a leader. You aren't being realistic. If LU wants to be a leader, they either have to buy the leaders or fight the tough fight over the long term to become the leader. |
