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Newbridge deal hails new North American player

Alcatel's purchase of Newbridge is another sign of an increasingly prevalent European invasion of North America by networking firms from other parts of the world.

 

  latest developments 

Alcatel's purchase of Newbridge is another sign of an increasingly prevalent European invasion of North America by networking firms from other parts of the world.

"This acquisition...would underscore Alcatel's determination to play catch-up to Cisco, Nortel and Lucent. But the single best question is how Alcatel will digest all the acquisitions."

- Benn Mikula, RBC Dominion Securities analyst

 
Alcatel buys Newbridge in $7.1 billion deal
update The French phone equipment maker acquires struggling Canadian networking firm Newbridge Networks.

Newbridge buy could shut out Siemens, 3Com
update Alcatel's $7.1 billion deal for Newbridge could signal the end of two high-profile alliances Newbridge has with Siemens and 3Com.

Alcatel, Newbridge in takeover talks
France's Alcatel is in "serious" talks to buy struggling Newbridge Networks, which has opened the door to a takeover.

Previous coverage
Newbridge plans to auction older networking gear
The Canadian firm plans to sell off some of its older gear through a Web site that aims to become an eBay of sorts for technology companies.

Networking firms feast on Net growth
year in review Sky-high public offerings, high-priced acquisitions and insatiable demand for bandwidth marked a manic year in the networking industry.