Nortel buys Tasman to boost VoIP line
Planned acquisition of networking gear maker promises to improve Nortel's Net calling products.
Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
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Toronto-based Nortel Networks said Tuesday it plans to acquire Tasman Networks for $99.5 million in cash. San Jose, Calif.-based Tasman, founded in 1997, sells networking gear that Nortel said will improve its products for multimedia information such as voice over Internet Protocol (VoIP). Tasman's products are designed for smaller companies or branch offices of larger companies.
The deal is expected to close in the first quarter of 2006, Nortel said.