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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (24242)4/8/1999 10:10:00 AM
From: Zoltan!  Read Replies (1) | Respond to of 77397
 
Thursday April 8 9:45 AM ET

Cisco Buys Telecom Equipment Makers

SAN JOSE, Calif. (Reuters) - Cisco Systems Inc. (Nasdaq:CSCO - news) said Thursday it agreed to buy two companies for a combined total of $445 million worth of stock, boosting its ability to help telephone companies upgrade their networks to handle more voice and data traffic.

Cisco, the dominant provider of routers for Internet traffic, said it would buy Fibex Systems and Sentient Networks, which make equipment that support the asynchronous transfer mode (ATM) standard.

dailynews.yahoo.com