Ascend Acquires Remote Access Product And Technology From Dayna Communications, Inc.; DaynaLINK Product and Technology To Be Incorporated Into Ascend MAX Product Family.ALAMEDA, Calif.--(BUSINESS WIRE)--Aug. 28, 1995--Ascend Communications, Inc. (Nasdaq: ASND ASND A Streetcar Named Desire (play) ) today announced that it has purchased the technology and related assets associated with the DaynaLINK product family from Salt Lake City-based Dayna Communications, Inc. The acquisition provides technology that Ascend will use to enhance the functionality of existing Ascend products and broaden the Ascend MAX product family, particularly in the fast-growing area of corporate telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. and remote access. Ascend will acquire the DaynaLINK technology and product rights for a cash payment of approximately $3 million. In addition, Ascend will employ the engineering team that developed the DaynaLINK product and will create a technology center in the Salt Lake City area. Lynn D. Alley, a founder of Dayna Communications, Inc., will join Ascend to direct the activities of the technology center. "The DaynaLINK product is an ideal complement to Ascend's MAX family of products, providing a cost-effective solution for customers requiring dial-up network (1) The switched telephone network regulated by government and administered by common carriers. Also called "plain old telephone system" (POTS) and "public switched telephone network" (PSTN). (2) A network that can be accessed remotely via analog modems or ISDN. connectivity for their small and remote offices. In addition, the DaynaLINK technology provides Ascend customers with additional capabilities needed for networking Apple products, as well as providing support for Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 95, Novell and Internet client software," said Mory Ejabat, president and chief executive officer of Ascend. "Also, we are particularly pleased that Lynn Alley and his team of engineers will be joining Ascend." Ascend Communications, Inc. develops, manufactures, markets, sells and supports a broad range of high-speed digital wide area network access products. These products use bandwidth on demand for applications such as Internet access See how to access the Internet. , remote LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. access, telecommuting, videoconferencing access, imaging, and integrated voice, video and data access. Ascend products also use bandwidth on demand to provide automatic emergency backup and peak-period overflow bandwidth for leased lines, frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. circuits and ATM circuits. CONTACT: Ascend Communications, Inc. Robert K. Dahl, (510) 769-6001, X-2309 Paula Cook, (510) 769-6001, X-2345 |
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