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Short Take: Ascend sells financial software unit

Ascend Communications said it has sold of its Astria financial software to French-based Atos, an information technology services provider. Financial terms were not disclosed. Ascend bought Astria as part of its purchase of Stratus Computer in August. Astria was originally a joint venture between Stratus and Atos. Ascend in August said it bought Stratus for its telecommunications technology and planned to divest itself from Stratus's nontelecommunications businesses.

Ascend Communications said it has sold of its Astria financial software to French-based Atos, an information technology services provider. Financial terms were not disclosed. Ascend bought Astria as part of its purchase of Stratus Computer in August. Astria was originally a joint venture between Stratus and Atos. Ascend in August said it bought Stratus for its telecommunications technology and planned to divest itself from Stratus's nontelecommunications businesses.