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 : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: George Bielski who wrote (4772)	8/18/1998 12:08:00 PM
From: George Bielski	Respond to of 8358

AOL selects Cisco routers to speed Internet access Reuters, Tuesday, August 18, 1998 at 11:40 SAN JOSE, Calif., Aug 18 (Reuters) - America Online Inc., the leading online service, chose Cisco Systems Inc. to supply high-volume network equipment in a bid to speed its subscribers' access to the Internet, the companies said on Tuesday. They said AOL will use Cisco 12000 Series gigabit switch routers that will increase both the speed and volume of AOL's Internet backbone, a data pipe that connects subscribers to AOL's online service directly to the Internet. A spokesman at Cisco, the world's leading provider of Internet equipment, said the deal was one of the largest to date for its gigabit switch router, a high-volume piece of network equipment used in the backbone of AOL's data network to switch billions of bits of data per second. Financial terms were not disclosed. "With the Cisco 12000 gigabit switch router, we found an excellent solution to position ourselves for continued growth," Joe Barrett, AOL's vice president of Internet Operations, said in a prepared statement. "AOL is currently supporting more than 730,000 simultaneous users, more than 18,800 Web hits per second, and continues to experience explosive growth," Barrett said. The result will be faster Internet access and improved response times for customers of AOL's online service seeking to connect to the Internet, an AOL spokeswoman said. By boosting the capacity of this direct pipeline to the Web, AOL eliminates the need to connect through multiple Internet exchanges, which slows the time it takes subscribers to link up to the Internet, she said. Previously announced customers for Cisco's gigabit switch routers include Frontier Corp.'s GlobalCenter unit, Qwest Communications International Inc. and Netscape Communications Corp. Eventually, the Cisco gigabit routers could help enable AOL to offer so-called quality of service features for which customers would pay extra in order to guarantee immediate delivery of high-priority communications. Such features are required in order for voice or video traffic to be delivered without interruption over the Internet and not become bogged down by lower-priority text communications traffic. America Online stock gained $3.06 to $107.50 in early trading on the New York Stock Exchange. Cisco stock was up $1.375 to $99.50 on the Nasdaq exchange. (NASDAQ:CSCO) (NYSE:AOL) (NYSE:FRO) (NASDAQ:QWST) (NASDAQ:NSCP) Copyright 1998, Reuters News Service