[71547] in North American Network Operators' Group
Cisco Systems to Purchase Procket Networks...
daemon@ATHENA.MIT.EDU (John Curran)
Thu Jun 17 20:22:45 2004
Date: Thu, 17 Jun 2004 17:21:58 -0700
To: nanog@merit.edu
From: John Curran <jcurran@istaff.org>
Errors-To: owner-nanog-outgoing@merit.edu
"SAN JOSE, Calif., June 17, 2004 - Cisco Systems, Inc., today announced a definitive agreement to purchase the intellectual property, a majority of the engineering team and select assets from privately-held Procket Networks, Inc. of Milpitas, Calif. Procket Networks is a developer of concurrent services routers and has expertise in silicon and software development. This purchase will add a rich intellectual property portfolio and a team of proven silicon and software architects to Cisco's industry leading routing technology and products."
<http://newsroom.cisco.com/dlls/2004/corp_061704.html>
FYI,
/John
