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.


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