Cisco establishes IBM Business Unit in RTP, names Wellman vice president/general manager.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--May 10, 1995-- Cisco Systems, Inc., has formed a new business unit based at its newly occupied facility here, and has named F. Selby Wellman as the unit's first vice president and general manager. Cisco's IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Internetworking Business Unit is chartered to address the integration of existing SNA-based computer networks with non- SNA (Systems Network Architecture) IBM's mainframe network standards introduced in 1974. Originally a centralized architecture with a host computer controlling many terminals, enhancements, such as APPN and APPC (LU 6. local- and wide-area networks. The company inaugurated operations in the Triangle region of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. in 1993, and last month occupied the first building on its 43-acre site in Research Triangle Park. Over 200 people are currently employed at the site. Wellman spent 15 years (1968-83) with IBM in sales and marketing management positions of increasing responsibility, finishing as branch manager in the Large Account Division. He subsequently worked with several networking firms, serving in corporate vice president positions at Paradyne Corp., FiberCom and NetEdge Systems. His most recent position was as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FaxAmerica, Inc., a Jacksonville, Fla., firm chartered to build a nationwide facsimile transmission data network. John Chambers, Cisco president and CEO, said, "The formation of the IBM Internetworking Business Unit represents the first time an internal Cisco group -- versus an acquired company -- has been formed as a business unit. The establishment of Research Triangle Park as Cisco's eastern headquarters reflects our strong commitment to the IBM internetworking market. We have already succeeded in achieving a two-thirds share of this strategic market, and we anticipate our continued leadership in this rapidly expanding segment of the networking industry. Selby's considerable experience in the IBM marketplace, a well as with entrepreneurial companies involved in other segments of the networking market, will make him a valuable contributor to Cisco." Wellman, who joined Cisco in late April, reports to Chambers. Reporting to Wellman are Cisco's IBM internetworking engineering team, led by Cliff Meltzer, and product marketing team, led by Nick Francis. Wellman, 53, holds a B.S. degree in finance from Marshall University. He is moving his family from Roanoke, Virginia to the Triangle area. Cisco Systems, Inc. is the leading global supplier of enterprise networks, including routers, 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. and ATM switches, dial-up access servers and network management software. These products, integrated by the Cisco Internetwork Operating System(TM) (Cisco IOS(TM)) link geographically dispersed LANs, WANs and IBM networks. Cisco is headquartered in San Jose, Calif., and in the U.S. is traded under the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on symbol CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer . CONTACT: Cisco Systems Inc. Scott Anderson, 919/472-2323 Ulevich & Orrange Inc. Janis Ulevich, William Orrange, 415/329-1590 |
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