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May 8, 1997updated 05 Sep 2016 1:05pm

FUJITSU ACQUIRES NEXION FOR $130M

By CBR Staff Writer

Turns out the buyer for Swiss telecommunications group Ascom Holding AG’s loss-making Nexion unit (CI No 3,143) is Fujitsu Network Communications Inc, the supplier of Sonet synchronous optical network fiber-optic transmission equipment and carrier class core asynchronous transfer mode switches. Fujitsu has paid $130m for Nexion, an Acton, Massachusetts-based subsidiary of Ascom which develops asynchronous transfer mode switches with its own real-time traffic management software. Its newest product is the Nexen 8000 which integrates multiple network services into a single, unified network. Fujitsu will put the switch through its established sales channels, and says it will use its expanded product line to move into the integrated multiservice broadband networking market.

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