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


To: zbyslaw owczarczyk who wrote (13468)9/28/1999 9:23:00 PM
From: Francois Lavoie  Read Replies (1) | Respond to of 18016
 
I will add to your argument, zbyslaw, that when Cambrian was sold, it was under the terms of the sale that NN should have access to the Optera product line to make sure it was compatible with their ATM products. When Cambrian was an affiliate, the term was more "integrated directly into the switch".

From the press release:
KANATA, Ontario, December 9, 1998 -- Newbridge Networks (NYSE: NN; TSE: NNC) today announced it has agreed to sell its approximately 40 percent ownership position in Cambrian Systems Corporation to Nortel Networks. The transaction values Cambrian at up to US$300 million. The existing OEM agreement between Newbridge and Cambrian will continue under Nortel's ownership of Cambrian to ensure Newbridge has access to Cambrian's dense wave division multiplexing (DWDM) products.

"Our relationship with Cambrian over the past couple of years has enabled us to take the lead in integrating DWDM technology into our multi-services ATM platform," said Alan Lutz, President and Chief Operating Officer, Newbridge Networks. "Our agreement with Nortel Networks ensures that our customers' requirements for an integrated DWDM-ATM solution will continue to be met and at the same time allows Newbridge to consider the DWDM technologies of other vendors for Newbridge distributed ATM solutions."

Newbridge was the first vendor to demonstrate an integrated DWDM-ATM solution designed specifically for metropolitan area networks (MANs) when it unveiled the product in October at Networld+Interop in Atlanta, Georgia. The scalable, cost-effective solution combines DWDM-based transport with an ATM core infrastructure to deliver broadband services from a seamless, fully managed platform.

Deployed on the industry-leading Siemens / Newbridge MainStreetXpress 36170 MultiServices Switch, the ATM/DWDM integrated switching and transport platform enables service providers to maximize usage of their existing optical fiber cable infrastructure. By integrating switching and transport into a seamless system, service providers can simplify their overall network architecture, enhance their network and service management capabilities, and reduce their capital and operational costs.

The sale of Cambrian also demonstrates the growing dynamism and momentum of the Newbridge Affiliate program and its focus on bringing advanced technologies to market quickly and cost effectively while maximizing value to Newbridge and its shareholders.