Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

C-COR Completes Purchase of Stargus; Acquisition Solidifies C-COR's Leading Global Position in Broadband OSS Market.


STATE COLLEGE, Pa. -- C-COR Incorporated (Nasdaq:CCBL CCBL Crescent Commercial Bank Limited (Pakistan)
CCBL Cambodia Campaign to Ban Landmines
CCBL Configuration Control Baseline
CCBL CPEDB Configuration Baseline Listing
CCBL Chinese Christian Basketball League
), a global provider of broadband communications transport products, software systems, and technical services, today announced that it has completed the acquisition of Stargus, Inc. (www.stargus.com) under the terms and conditions of the agreement previously announced on June 15, 2004, and July 6, 2004. Massachusetts-based Stargus is a provider of comprehensive network and service management solutions for cable broadband networks This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
You can assist by [ editing it] now.
, including network optimization, network security and abuse control, and bandwidth capacity planning. With the completion of this purchase, Stargus becomes part of C-COR's Broadband Management Solutions (BMS BMS
abbr.
Bachelor of Marine Science
) division, and the Stargus CableEdge(TM) product line will be integrated into the BMS ISM See ISM band. (TM) (Integrated Services Management) suite of OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware.  (operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such ) solutions for the broadband industry. The acquisition of Stargus, along with that of Alopa Networks completed in May 2004, solidifies C-COR's position as a global provider of the most comprehensive OSS solution on the market for broadband operators, integrating network, subscriber, workforce, and bandwidth capacity management under one modular umbrella offering.

About C-COR (www.c-cor.net)

C-COR is a top-tier global provider of optical packet and digital video transport communications products; end-to-end fiber-to-the-premise systems; comprehensive OSS solutions; and high-end technical outsourced field services--all supporting cost-effective delivery of voice, video, and high-speed data over advanced broadband networks. Headquartered in the U.S. with facilities worldwide, C-COR's mission is to provide our customers with second-to-none network integrity throughout the full network life cycle. C-COR's common stock is listed on the Nasdaq National Market (Symbol: CCBL) and is a component of the Russell 2000 Stock Index.

Some of the information presented in this announcement constitutes forward-looking statements made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements represent the Company's judgment regarding future events, and are based on currently available information. Although the Company believes it has a reasonable basis for these forward-looking statements, the Company cannot guarantee their accuracy and actual results may differ materially from those the Company anticipated due to a number of uncertainties, many of which the Company is not aware. Factors which could cause actual results to differ from expectations include, among others, capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
 patterns of the communications industry, changes in regard to significant customers, the demand for network integrity, the trend toward more fiber in the network, the Company's ability to develop new and enhanced products, the Company's ability to provide complete network solutions, continued industry consolidation, the development of competing technology, the global demand for the Company's products and services, and the Company's ability to complete and integrate acquisitions and achieve its strategic objectives. For additional information concerning these and other important factors that may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 19, 2004
Words:476
Previous Article:SIFY Reports US GAAP Results for the Quarter Ended 30th June, 2004.
Next Article:Research and Markets: A Unique Encyclopaedic View of the Credit Derivatives Market.



Related Articles
C-COR Announces Agreement to Purchase Alopa Networks.
C-COR Completes Purchase of Alopa Networks; Will Demonstrate Alopa's MetaServ OSS Platform Automating the Full Subscriber Life Cycle at SCTE's...
C-COR Announces Agreement on Terms to Purchase Stargus.
C-COR Signs Final Agreement to Purchase Stargus.
C-COR Reports Financial Results for Fourth Quarter and Fiscal Year 2004.
C-COR Showcases its OSS and Transport Solutions for Broadband's Digital Future at IBC.
C-COR Provides Business Update.
C-COR Announces Agreement to Purchase Business of nCUBE Corporation.
C-COR Appoints Roger Sherwood to VP of Service and Development for Global On Demand and OSS.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles