Upstart company casts a shadow over Cisco Systems; Ipsilon sports new approach to managing computer-network connections
Article Abstract:
Start-up Ipsilon Networks Inc's new Internet protocol (IP) switching technology for moving data over computer networks is raising concern at market leader Cisco Systems. The technology is a threat to Cisco's lucrative networking equipment business, which includes packet switches, routers and other network connectors. The industry trend toward the single IP protocol is eliminating the need for routers because there is no need for translation. Ipsilon's IP switch eliminates router translation software and circuitry, resulting in switches that operate five to 10 times faster, but cost 50% less than routers. Ipsilon introduced its first IP switches in Apr 1996 and other switching companies are embracing the technology, including 3Com Corp and Ascend Communications. DEC has invested $5 million for an equity investment in Ipsilon. Industry analysts believe Cisco could lose a fifth of its current revenue and 25% or its profit because of market changes caused by Ipsilon.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Carrico is to join wife as executive for Cisco Systems
Article Abstract:
Bill Carrico is expected to be appointed as Cisco Systems Inc.'s senior vice president in charge of the unit that markets in the small and medium-sized markets. Judy Estrin is already Cisco's chief technology officer. She is married to Mr. Carrico. Mrs. Estrin was appointed to the position in March 1998. At that time, Cisco acquired Precept Software Inc. for $84 million. Mr. Carrico and Mrs. Estrin founded Precept.
Comment:
Bill Carrico to be appointed as co's senior vice president in charge of the unit that markets in the small and medium markets
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Ascend board accepts buyout offer from Lucent
Article Abstract:
New Jersey-based Lucent Technologies will acquire California-based Ascend Communications in a large stock deal. Industry watchers want to see whether the large AT&T spin-off can absorb Ascend and its newer technology more effectively than Ascend absorbed Cascade in 1997. Terms of the deal were not announced. Ascend has a market capitalization of nearly $17 billion.
Comment:
Company to acquire Ascend Communications
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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