By Stuart Wilson
Nortel has stumped up US$99.5m cash for Tasman Networks, a company offering a portfolio of secure, high-performance enterprise routers. The move is intended to enhance Nortel’s ability to deliver end-to-end converged network solutions.
Nortel has stumped up US$99.5m cash for Tasman Networks, a company offering a portfolio of secure, high-performance enterprise routers. The move is intended to enhance Nortel’s ability to deliver end-to-end converged network solutions. The deal is expected to close in the first quarter of 2006.
“With the acquisition of Tasman Networks, Nortel will strengthen its position as an innovator in providing resilient end-to-end converged, secure IP telephony and multimedia networks,” said Steve Slattery, president, enterprise solutions and packet networks at Nortel.
“We anticipate that the Tasman products will complement our enterprise infrastructure solutions and further our ability to provide seamless, feature-rich networks that support critical real-time applications — including voice, video, and streaming multimedia applications,” he added.
Tasman Networks was established in 1997 and offers high-performance, wide area network IP routers that are designed to offer simplified deployment and provide a cost-effective investment option for companies.
Nortel intends to strengthen its convergence solutions for data and IP multimedia customers and will market Tasman’s product portfolio as part of its secure router line. This portfolio, aimed at small to medium-sized branch office deployments, is designed to provide full routing and multicast services; and is capable of running numerous services such as voice, VPN, firewall, and quality of service simultaneously with wire-speed performance. This capability is crucial to converging network services onto one platform and is designed to provide full bandwidth from the network consistently.
Nortel claims that it is the only company to have deployed more than 50 million enterprise telephony lines in addition to 50 million Ethernet ports. Nortel's IP multimedia solutions serve customers of all sizes in all industries around the world.