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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (12963)	8/24/1999 10:36:00 PM
From: Ian@SI	Respond to of 18016

Ben D. mentioned 2 Boston area IP startups: I'm fairly sure one was Northchurch. I may be wrong in the second one being IronBridge. I'll see if I can find his story from last week. Ian.

To: pat mudge who wrote (12963)	8/24/1999 10:48:00 PM
From: Ian@SI	Respond to of 18016

You were right. Although both companies were mentioned by Dummett, Ironbridge was in the context that they would like to set out on their own, not be incorporated into the fold. Ian. ++++++++++++++ ... Analysts have said that Newbridge affiliates Ironbridge Networks Inc. and Northchurch Communications Inc., both Boston-area start-ups, will likely form an important part of Newbridge's IP strategy. Northchurch has developed router technology that works at the edge of either an ATM or IP network, to give a carrier's customers access to data, voice, video and e-commerce services. Ironbrige makes high-speed routers. Newbridge, through direct and indirect holdings, owns about 60% of Ironbridge and Northchurch. Lawlor declined to comment on whether Newbridge planned to acquire the minority interests in either or both of these affiliates. However, he said they are "key" parts of the company's growth strategy. A spokesman at Ironbridge said that the company's strategy has been, and continues to be, to hold an initial public offering sometime in the future to fuel growth. ...