Cisco Systems and Dacom Form Strategic Alliance to Deliver New World Telecommunication Services; Extensive Agreement Covers Sales and Marketing, Product Development and Training.SEOUL, South Korea--(BUSINESS WIRE)--Nov. 23, 1998--Cisco Systems today announced a strategic alliance with Dacom, South Korea's premium telecom service provider, to jointly bring to market innovative, New World telecommunications solutions to business customers in South Korea and other Asian markets. The partners have already earmarked for development key solutions based on IP/VPN (Internet Protocol/Virtual Private Network) and ATM (Asynchronous Transfer Mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. ). In addition, Dacom has designated Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. as its preferred vendor for internetworking products and technologies. Under the agreement, Dacom and Cisco will collaborate on product development, and Dacom engineers will participate in beta trials and provide feedback on upcoming Cisco products. Cisco will also provide consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to Dacom to design and build a high performance, IP-based multiservice network infrastructure. Other consulting services will include network optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , traffic modeling and network management for Dacom's existing IP network. "Since our founding 16 years ago, Dacom has always been committed to our goal of creating an information soc Engineering Planning Unit. "We believe that IP will lead the way to the New World of telecommunications, an working with a leader such as Cisco, we can brial training courses. Dacom will become the first company in Korea to join the Cisco Powered Network (CPs services based on 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. . "Dacom ispplications and services, which will bring their vision of an information society one step closer to reality." "Cisco is very pleased with this announcement today. Dacom is clearly a world leader in the New World of telecommunications and multiservice networking," said Bill Nuti, president, Cisco Systems Greater Asia. "Korea is forward-looking, innovative and flexible - the quintessential quin·tes·sen·tial adj. Of, relating to, or having the nature of a quintessence; being the most typical: "Liszt was the quintessential romantic" Musical Heritage Review. New World society. Cisco is very proud to be a part of Dacom's effort to build an information society in Korea and we are confident that this alliance will lead to tremendous future development." Dacom Corp. is one of the major telecommunication companies in Korea, offering services that include international/local call services and enterprise network communication service (BORA-Net). For more information, please visit http://www.dacom.co.kr About Cisco Systems Cisco Systems, Inc. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) is the worldwide leader in networking for the Internet. Cisco news and information are available at http://www.cisco.com. Note to Editors: Cisco, Cisco IOS Cisco IOS (originally Internetwork Operating System) is the software used on the vast majority of Cisco Systems routers and all current Cisco network switches. IOS is a package of routing, switching, internetworking and telecommunications functions tightly integrated with a , Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and other countries. All other trademarks mentioned in this document are the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion