The proposed merger between Ascend Communications Inc and Cascade Communications Corp (CI No 3,130) has attracted the attention of the US Justice Department’s antitrust division, reports the Wall Street Journal. The $3bn deal combined Ascend’s strengths in remote access servers and and routers with Cascade’s skills in asynchronous transfer mode and frame relay switching, in […]
The proposed merger between Ascend Communications Inc and Cascade Communications Corp (CI No 3,130) has attracted the attention of the US Justice Department’s antitrust division, reports the Wall Street Journal. The $3bn deal combined Ascend’s strengths in remote access servers and and routers with Cascade’s skills in asynchronous transfer mode and frame relay switching, in a bid to catch up with Cisco Systems Inc.
