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Newbridge acquires affiliate company

Voice, fax data consolidation

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Newbridge Networks has signed a letter of intent to buy Castleton Network Systems, one of its Newbridge Affiliates. Castleton develops packet voice technology and high performance network access products. The companies have worked together previously on a project to develop product solutions in advanced voice and enterprise access markets. The acquisition of Castleton will provide Newbridge with a significant addition to its own product and service offerings in the area of voice, fax and data consolidation for enterprise wide area networks (WANs). According to Terence Matthews, Newbridge CEO, the benefits to Newbridge are twofold: "First we can absorb and further leverage Castleton's existing technology and products. Secondly we gain access to a talented and motivated development team that can be deployed on current and future projects to take advantage of their skills and experience," he said. Seamless integration would enable Newbridge to offer powerful new products and product enhancements across the networking product family, Matthews said.®

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