Feeds

Nortel and Cisco chat prompts merger mania

Two plus two can equal five...

  • alert
  • submit to reddit

Designing a Defense for Mobile Applications

A little light conversation between the bosses of Cisco and Nortel was enough to send takeover rumour merchants into hyper-spin.

A Nortel spokesman confirmed that Bill Owens, newly-appointed Nortel chief executive, and John Chambers, chief executive of Cisco, met last week after a telecoms conference in Canada in which both said their companies were open to partnerships. But he would not say if the meeting was pre-planned or discuss what they discussed.

Cisco last week bought Procket Networks, the hugely ambitious networking equipment start-up, for $89m in cash. Procket ran through $300m in VC funds to develop a line of high-end routers, but was unable to find favour with corporate customers.

Nortel is mired in an accountancy investigation and has still to file accounts for 2003. It also under investigation by the Stock Exchange Commission and the Royal Canadian Mounted Police. ®

Related stories

No news is bad news for Nortel
Cisco unveils monster router
Nortel re-restates results, fires CEO

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Apple fanbois SCREAM as update BRICKS their Macbook Airs
Ragegasm spills over as firmware upgrade kills machines
Attack of the clones: Oracle's latest Red Hat Linux lookalike arrives
Oracle's Linux boss says Larry's Linux isn't just for Oracle apps anymore
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
FLAPE – the next BIG THING in storage
Find cold data with flash, transmit it from tape
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.