I don't know if this HP/INTEL/MSFT and NORTEL story has been posted yet. Big announcement expected Monday.
news.com
Heavy hitters work the wires
By Corey Grice and Michael Kanellos
Staff Writers, CNET NEWS.COM
March 11, 1999, 4:35 p.m. PT
A group of PC and communications heavyweights is expected to announce Monday that the companies will build a new platform designed to carry telephony, data, and Internet traffic for large businesses, sources said.
The companies, including Microsoft, Intel, Hewlett-Packard, and Nortel Networks, will come together Monday at the Technology Museum of Innovation in San Jose, California, to discuss the platform initiative. In addition, Nortel and HP will unveil specific new products, according to sources familiar with the deal.
Intel and Microsoft will provide their core products--the new Pentium III chip and the Windows NT operating system--and ongoing technological expertise.
Intel chief executive Craig Barrett, HP chief executive Lew Platt, and Nortel chief John Roth are slated to attend the event, sources said. Microsoft's Bill Gates will appear via live broadcast.
Although further details remain sketchy at this time, the move will mark an increased effort by the companies to snag a larger portion of the lucrative telecommunications equipment market.
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