The spate of takeovers in the networking market continued unabated last week, with acquisitions announced by Cabletron and Fore Systems.
Cabletron revealed plans to buy the privately-held OASys Group of the US. Cabletron is expected to pay at least $9 million #5.2 million) for the com-pany in a stock-swap deal to be completed early next year.
OASys develops and supplies software that manages the sychronous optical network (SONET) devices used to run high-speed backbones. The takeover allows Cabletron to integrate its existing Spectrum network management products with OASys' technology. This would allow service providers to replace the disparate range of tools necessary to manage such networks at present with a single Spectrum system, reinforcing Cabletron's hold on the telecommunications market.
Cabletron has been throwing its dollars at the telecoms market recently, with the acquisition of Netlink for frame relay support and Network Express for ISDN remote access capabilities.
"The OASys acquisition will put Cabletron in a position of being able to manage the gigabit-speed carrier networks that will enable a new era of voice, video and data services," said Cabletron chairman, Craig Benson.
Fore Systems, a prominent player in the ATM switch market, announced it is to buy UK rival Nemesys Research for an undisclosed sum. Cambridge-based Nemesys produces ATM video encoders and decoders.
Nemesys will become Fore's video and audio systems development group, with its headquarters remaining in the UK. By marrying the acquired technology to its existing ATM switches, Fore hopes to provide users with a complete solution for high-speed video networks. Expected applications for such systems are videoconferencing, distance learning and remote video surveillance.
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