SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 200.33-3.2%11:49 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scrapps who wrote (1422)12/18/1996 2:56:00 PM
From: David Lawrence   of 61433
 
Clipped from the San Fransisco Business Times...

RUMORED DEAL: Ascend Communications is said to be negotiating to
acquire Advanced Computer Communications, its Santa Barbara-based
competitor. Advanced was looking to go public early in 1997 with the
help of San Francisco investment bank Hambrecht & Quist and splinter
from its parent Newbridge Networks of Canada. But those plans will
be shelved if Ascend and Advanced Computer Communications strike a
merger deal.
Newbridge Networks has chosen Ascend's remote access hub over a
comparable product that was being developed by Advanced. Sources
also claim Ascend and Newbridge are talking about a strategic
relationship in which Newbridge would manufacture the Ascend
gigarouter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext