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Short Take: Terabit start-up to use ASIC chip

Terabit start-up Nexabit Networks will use application-specific integrated circuit (ASIC) chip technology from IBM for its forthcoming line of high-end networking equipment. IBM's chips will be a part of Nexabit's NX64000 switch router intended for the core of the Net. IBM already has a deal to build ASICs with another high-end start-up, Juniper Networks.