Feeds

Berkeley bought by Fore in swap of stock

It's NT behind it all, dontcha know...

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Fore Systems bought Berkeley Networks, a maker of NT based routing switches, in a stock swap valued at as much as estimated $250 million. The acquisition will bring large scale gigabit Ethernet backbone switches to Fore’s ATM based product line. It also broadens the scope of the company, known for its specialisation, giving access to businesses which tend to use Ethernet, rather than ATM because of the lower cost. The company plans to extend Berkeley’s application aware solutions across both ATM and Ethernet applications. According to Fore, the technology will open the possibility of integrating many new capabilities for directory enabled networking, policy based network management and firewall switching. “We are broadening our capabilities in the large enterprise market,” said Thomas Gill, president of Fore. “Our customer base expects us to come out with higher performing switches, both on the Ethernet and the ATM side.” Berkeley’s owners will get $220 million of Fore stock, with the possibility of $30 million extra in cash if the company meets revenue and development targets. The acquisition is expected to be approved next month, and Berkeley will become a wholly owned subsidiary of Fore. Fore expects to break even on the deal in its fourth quarter. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.