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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (26876)4/13/1999 7:58:00 AM
From: Stormin Norman  Read Replies (1) | Respond to of 90042
 
Another acquisition, this one by CISCO. Source of BusnWire news is from myTrack.

(BSNS WIRE) Cisco Systems to Acquire GeoTel Communications Corp.; Cisco
Cisco Systems to Acquire GeoTel Communications Corp.; Cisco to Extend Internet
Infrastructure to Open Software Voice Call Centers


Business/Technology Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--April 13, 1999--Cisco Systems,
Inc. (NASDAQ:CSCO) today announced a definitive agreement to acquire
publicly-held GeoTel Communications Corp. (NASDAQ:GEOC) of Lowell, MA.
GeoTel is a leading provider of software solutions for distributed
voice call centers for enterprise and service provider customers. This
acquisition underscores Cisco's commitment to a New World
communications network where data, voice and video traffic will travel
over a single network infrastructure based on the open,
standards-based Internet architecture.