(CSCC) Cascade Communications completes acquisition of Arris Networks; High-end remote access technology to be used in development of comprehensive, carrier class remote access solution.
The acquisition, first announced on April 22, will be accounted for as a pooling of interests.
ARRIS Networks, a privately owned company based in Westford, Massachusetts, is a developer of high-performance remote access technology for carrier class networks.
One of the world's fastest growing data communications companies and price/performance leader in Frame Relay, Cascade Communications Corp. of Westford, Massachusetts, is a global provider of wide area networking products for the public carrier, Internet Service Provider, and enterprise markets. Cascade delivers multiservice WAN switches and network management solutions that enable customers to seamlessly integrate existing technologies with ATM for cost-effective network expansion and investment protection. Cascade's B-STDX multiservice WAN switches and the Cascade 500 ATM switch offer the highest scalability and network capacity in the industry. Worldwide, private and public networks such as BellSouth, GTE, Pacific Bell, US West, LDDS WorldCom, and BT rely on Cascade products for unparalleled quality of service and high-performance WAN services. For more information about Cascade, please visit the company's World Wide Web site http://www.casc.com.
CONTACT: Suzanne M. DuLong Lucia F. Graziano
Manager, Investor Relations Manager, Public Relations
Cascade Communications Corp. Cascade Communications Corp.
(508) 952-1552 (508) 952-1291
email: email@example.com email: firstname.lastname@example.org
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|Date:||May 7, 1996|
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