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

To: Herb Duncan who wrote (17829)	3/3/2000 5:37:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

Kanata,Ontario based Extreme Packet Devices specializes in semiconductors for high speed IP and ATM traffic management at 10 Gigabits per second rates, enabling the development of OC-48 and OC-192 multi-service switches. Extreme Packet was acquired today by PMCS Sierra for 415 million US.It was founded last year by CEO of NN. NN has around 10-15% stake and is using Extreme Packet fabric in its 50/450 platform(OC-48 and OC-192 and OC-768 under development). Looks as if NN has quite a lead over LU and CSCO. Both competitors do not have OC-192, where 50/450 have. Acquisition by leader PMCS underlines what NN have in its 50/450 gig switches. BURNABY, British Columbia--(BUSINESS WIRE)--March 3, 2000-- PMC-Sierra, Inc. (Nasdaq:PMCS - news) today announced the acquisition of privately held fabless semiconductor company Extreme Packet Devices, Inc., (EPD), for shares with a value of approximately $415 million (US$). biz.yahoo.com