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February 21, 1997updated 05 Sep 2016 1:02pm

PAIRGAIN TO PAY $94M IN SHARES FOR AVIDIA SYSTEMS

By CBR Staff Writer

PairGain Technologies Inc, Tustin, California maker of Digital Subscriber Loop equipment, is to pay about $94m in shares for Avidia Systems Inc, which develops Asynchronous Transfer Mode subscriber access multiplexers. It will become a subsidiary of PairGain.

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