Sunday, February 26, 2006

Nortel Completes Tasman Networks Acquisition

Nortel completed its acquisition of Tasman Networks. Nortel paid US $99.5 million in cash for Tasman Networks.



Tasman Networks supplies a line of secure, high-performance enterprise routers. The company is now part of Nortel's Enterprise Data Networks business unit. The products from the Tasman acquisition are marketed as part of Nortel's Secure Router line.

http://www.nortel.com

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