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To: Greg h2o who wrote (41095)	5/16/2003 9:51:59 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

Alcatel Buys US's TiMetra Through $150 Million Share Deal Friday May 16, 2:56 am ET PARIS -(Dow Jones)- French telecommunications equipment supplier Alcatel SA said Friday that it will acquire U.S. Internet network equipment maker TiMetra Inc. in an all-share transaction worth around $150 million. Alcatel said it will buy all existing shares of the privately owned Californian company with Alcatel shares or Alcatel American depositary shares. Alcatel said TiMetra makes edge routers - installed within the last mile of Internet networks - which Alcatel doesn't have in its portfolio of products. TiMetra was founded in 2000 with the support of two capital firms - Accel Partners and Redpoint Ventures. Company Web sites: alcatel.com; http:/www.timetra.com