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Short Take: PSINet to sell InterCon to Ascend

ISP PSINet announced it will sell InterCon Systems, its software subsidiary, to Ascend Communications in a cash deal. Terms of the transaction, which is expected to be completed in the first quarter, were not disclosed.

Paul Festa Staff Writer, CNET News.com
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ISP announced it will sell InterCon Systems, its software subsidiary, to Ascend Communications in a cash deal. Terms of the transaction, which is expected to be completed in the first quarter, were not disclosed.