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 : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Xpiderman who wrote (14943)	4/22/1998 9:44:00 AM
From: Scrapps	Respond to of 22053

As data and voice converge, networking giant Cisco is positioning itself to serve both traditional telcos that are moving into data markets, and data-networking firms that are moving into voice markets. On Monday, Cisco announced that it will partner with Ciena Corporation, a telecommunications equipment maker, to provide optical switch and router products. The move will help Cisco compete more directly with Lucent and Northern Telecom. Ciena provides technology for multiplexing, one of the chief methods employed by traditional telcos to move data across voice networks. Ciena's fiber-centric technology puts it squarely in the middle of the move to send both voice and data across Internet Protocol (IP) networks. There have been rumors that Cisco has eyed a takeover of Ciena, and this deal will likely renew such speculation. Cisco also announced a partnership with American Internet, a maker of software for IP networks. Cisco will license American's network-addressing technology. The privately held American has received funding from Matrix Partners, Charles River Ventures and Commonwealth Capital Ventures. In a further announcement, Cisco said it will hook up with NBX Corporation to develop products that allow the data networks of small businesses to carry voice traffic. The privately held NBX uses technology developed at the Massachusetts Institute of Technology to merge audio and data within an Ethernet network. The firm received seed funding in September of 1996 from the Harris and Harris Group. Three months later, J.H. Whitney and Co. lead a private placement that also included MIT. Last October, the firm raised $12.7 million from a group that included all the original investors as well as Morgenthaler Ventures, Commonwealth Capital Ventures, and Bessemer Venture Partners. Hello Xy...good to see you here. sorry if this one was posted already...it seemed to go with your's. It's from a day or two ago.