Nortel to Acquire Tasman Networks for $99.5M
Jeremy Kirk writes in InfoWorld:
Nortel Networks Corp. announced Tuesday it will acquire Tasman Networks Inc., a provider of enterprise-level routers, for US$99.5 million.
The cash deal is expected to close in the first quarter of 2006, Nortel said in a news release. Tasman, founded in 1997, is based in San Jose, California, and makes low-cost, standards-based WAN (wide area network) routers and other network gear.
posted by Fergie @ 12/27/2005 08:55:00 AM
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