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Short Take: Ascend invests in HydraWeb

As expected, Ascend Communications announced it has made an equity investment in HydraWeb, a start-up focused on load-balancing software technology. The two companies plan to introduce joint products based on the technology early next year. Terms of the investment were not disclosed.

As expected, Ascend Communications announced it has made an equity investment in HydraWeb, a start-up focused on load-balancing software technology. The two companies plan to introduce joint products based on the technology early next year. Terms of the investment were not disclosed.