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Staking a claim in a converging world

The reason heavy hitters from the PC world are teaming up with networking firms is simple, according to Hewlett-Packard chief executive Lew Platt.

The reason heavy hitters from the PC world are teaming up with networking firms is simple, according to Hewlett-Packard chief executive Lew Platt. It's where the action is, he claims. With an estimated $250 billion in telecom equipment sales expected by the year 2000, players like Nortel, Cisco Systems, Ciena, and others are making strong moves to make sure they get more than just a piece of that lucrative pie.

Nortel breaks down industry barriers
news analysis The barriers between the telecommunications industry and the PC industry continue to fall as companies claim stakes in the emerging market for so-called convergence technologies.

Heavy hitters join for telephony alliance
update Nortel Networks, Hewlett-Packard, Intel, and Microsoft team up to announce new technologies designed to carry telephony, data, and Internet traffic for businesses.

Ciena scoops up fiber optic firms
update Ciena, which has been seen as a possible takeover target, agrees to buy optical communication companies Lightera Networks and Omnia Communications for a total of $980 million.

Cisco calls on telecom market
Cisco Systems rolls out the results of a recent acquisition as part of a bid to replace widely used telecommunications equipment with new technology.