Short Take: Fore acquires ATM tools
Fore Systems has added asychronous transfer mode (ATM) video distribution and video conferencing products to its portfolio via the acquisition of Nemesys Research, based in Cambridge, England. Nemesys's hardware and software products transmit video over ATM networks with little or no delay to the user. The deal was completed for 415,000 shares of Fore stock, worth approximately $15.7 million. Nemesys will retain its Cambridge, England, headquarters, continuing as Fore's video and audio systems development group. The company has shipped video coders and decoders with management software since 1994.
Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
has added asychronous transfer
mode (ATM) video distribution and video conferencing products to its
portfolio via the acquisition of Nemesys Research, based in Cambridge,
England. Nemesys's hardware and software products transmit video over ATM
networks with little or no delay to the user. The deal was completed for
415,000 shares of Fore stock, worth approximately $15.7 million. Nemesys
will retain its Cambridge, England, headquarters, continuing as Fore's video
and audio systems development group. The company has shipped video coders
and decoders with management software since 1994.