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 : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stephen B. Temple who wrote (2062)12/8/1998 8:50:00 PM
From: Stephen B. Temple  Read Replies (3) of 3178
 
Cisco to acquire router developer

December 8, 1998

InfoWorld: Cisco
Systems last week announced at CTI Expo,
in San Jose, Calif., that it will acquire
PipeLinks, a developer of Synchronous
Optical Network (SONet)/Synchronous Digital
Hierarchy (SDH) routers that can
simultaneously transport circuit-based and IP
traffic.

PipeLinks' SONet/SDH router allows service
providers to offer integrated voice and data
services at the edge of the network. The
router will use Cisco's Internetwork Operating
System software as a foundation and will
enable the delivery of services such as
managed Internet access and native LAN
services.

The acquisition is part of Cisco's end-to-end
optical internetworking strategy, according
to company officials. Cisco has been a
minority investor in PipeLinks since 1997.

Under the terms of the acquisition
agreement, shares of Cisco common stock --
with an aggregate value of about $126 million
-- will be exchanged for all outstanding
shares and options of PipeLinks not yet
owned by Cisco.

Cisco expects a one-time charge against
after-tax earnings between 0.03 cents and
0.06 cents per share for purchased
in-process research and development
expenses in the second quarter of fiscal year
1999.

The completion of the acquisition is still
subject to approval by the board of directors
of each company.

Cisco Systems Inc., in San Jose, is at
www.cisco.com. PipeLinks Inc., in San Jose,
is at www.pipelinks.com.

[Copyright 1998, InfoWorld]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News