Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications-News Only!!! (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (697)	12/10/1997 4:08:00 PM
From: Maverick	Read Replies (1) \| Respond to of 1629

''But leadership is more than the best technology,'' he said. ''We are joining a Lucent data networking team on the move. It is backed by Bell Labs, has a proven heritage of premier customer relationships and delivers a leading professional services and support capability. Together we will set a new standard in campus networking.'' The Prominet group will team with Lucent's data networking organization in Concord, MA., only minutes from the Prominet headquarters in Marlborough. The purchase is expected to result in a one-time, non-cash charge against earnings. The charge involves an accounting writeoff assigned to in-process research and development and will be taken in the second fiscal quarter of 1998 assuming the transaction is closed by March. 31, 1998. Excluding this one time charge, the impact of the purchase to earnings in fiscal 1998 is expected to be immaterial. Prominet, a privately held corporation founded in 1996, designs, builds and markets a new generation of network center and high-performance workgroup LAN solutions serving campus LAN customers globally. The company employs more than 80 people. In September, Prominet began shipping its highly reliable P550(TM) Cajun(TM) Switch -the industry's highest-capacity, multilayer switch that provides 10/100/1000 megabits per second of capacity in a compact, fault tolerant 7-slot chassis. The P550 Switch's 45.76 gigabits per second (Gbps) of total backplane capacity means network managers can deliver more than 33 million packets per second of system throughput. In the first half of 1998 Prominet expects to begin customer trials of the P550(TM) Cajun(TM) Switch with Integrated Routing, enabling scalable, packet-by-packet, IP and IPX routing at wire speed with all the unrivaled Layer 2 switching capabilities of the initial P550 Cajun Switch - in the same 7-slot chassis. This new technology performs the same Layer 3 functions as legacy software-based routers, but at multi-gigabit speeds and at a fraction of the cost. The silicon-based implementation enables full multi-level Quality of Service (QoS) capabilities, including the ability to make routing and prioritization decisions based on Layer 3 and Layer 4 application information, all at full 10/100/1000 wire speeds. In September, Lucent introduced an enhanced portfolio of intelligent switching, access and network management products as a part of its plan to dramatically improve data networking performance. In October, Lucent said it will acquire Livingston Enterprises, Inc., of Pleasanton, Calif., a leading provider of remote access networking solutions for the Internet. The transaction is expected to be completed this month. As a part of its data networking portfolio, Lucent also offers industry-leading professional support services capabilities through NetCare(R) Services, a broad set of consulting, integration, management and maintenance services for multivendor data and video networks, voice systems and networks and call centers.