North American Network Operators Group

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Cisco Systems to Purchase Procket Networks...

  • From: John Curran
  • Date: Thu Jun 17 20:24:34 2004

"SAN JOSE, Calif., June 17, 2004 - Cisco Systems, Inc., today announced a definitive agreement to purchase the intellectual property, a majority of the engineering team and select assets from privately-held Procket Networks, Inc. of Milpitas, Calif. Procket Networks is a developer of concurrent services routers and has expertise in silicon and software development. This purchase will add a rich intellectual property portfolio and a team of proven silicon and software architects to Cisco's industry leading routing technology and products."

<http://newsroom.cisco.com/dlls/2004/corp_061704.html>

FYI,
/John