Networking equipment company Xylan has reported a jump in profits of over a third and also announced new network management software.
The US based company announced profits up 30.4 per cent to $6.4 million, while turnover increased 54.9 per cent to $64.2 million. Net profits for the year to December 31 were up 58.3 per cent to $24.1 million on revenues that rose 64.1 per cent to $210.8 million.
The company has also announced Switched Network Services (SNS), a software layer designed to allow easier management of a switched network. The company is working in conjunction with IBM and Checkpoint Software to create what Xylan describes as ?a single, uniform service layer providing the functionality required in high-speed, fully switched networks.?
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