View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 5, 1997updated 05 Sep 2016 12:44pm

NETWORK PERIPHERALS ACQUIRES NETVISION FOR FAST ETHERNET

By CBR Staff Writer

High-performance networking specialist Network Peripherals Inc, which has found FDDI fibre networking technology too costly to base its business on, has taken a further step towards Fast Ethernet with the $6m acquisition of Netvision Corp, a Long Island-based manufacturer of high-bandwidth local area network switching and Gigabit Ethernet technologies. Netvision’s 12 engineers, headed by president and founder Robert Zecha, will form a new advanced technology group at Network Peripherals. Seven years old Netvision have been developing Gigabit technology for two years, working as consultants with other companies, and has produced 24 application specific integrated circuits and has designed its own low-cost switching technology. Last February Network Peripherals acquired Fast Ethernet workgroup specialist Nucom Systems Inc for $21m (CI No 2,857). The company attributed its recent first quarter loss of $754,000 to lower sales of its FDDI products.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU