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

To: jim bender who wrote (734)	12/11/1997 1:42:00 PM
From: blankmind	Read Replies (3) \| Respond to of 1629

from wsj interactive today (just asnd part) On the telecom-equipment front, Finnish company Oy Nokia Tuesday announced plans to acquire Sunnyvale, Calif.-based Ipsilon Networks Inc., the pioneer of a networking-technology effort called IP switching, for $120 million. Northern Telecom Ltd., another big telecom-equipment company, has been rumored to be interested in Ascend Communications Inc., a maker of networking gear. Market watchers say telecom carriers need more specialized equipment, including networking technology, more than ever before. Other telecom-equipment and networking firms, including L.M. Ericsson, Lucent, Northern Telecom, 3Com, Siemens AG, Newbridge Networks Corp. and others, have invested in Juniper Networks Inc., a Silicon Valley start-up that has ambitious plans to develop key components for high-speed networking devices in a bid to challenge Cisco.