Shares of Digi, a Minneapolis-based data communications equipment maker, fell 9 1 / 4 to 16 3 / 4 in trading of 3 . 1 million shares, more than 20 times the three month daily average volume of 152, 800.
32.
TRW and Canada's Teleglobe Inc ., a data communications equipment maker, said in November 1994 that TRW would invest about $ 100 million to $ 200 million of the needed equity and that Teleglobe would add about $ 50 million.
33.
In other stock activity, Teklogix International Inc . rose C $ 0 . 70 to C $ 16 . 15 it announced a C $ 5 . 6 million sale of wireless data communications equipment to Basel, Switzerland-based Panalpina AG.
34.
3Com has struggled in recent quarters because the parts of the networking market where it is strongest have matured and slowed, and it remains a distant second to Cisco Systems Inc . in the fast-growing sector of data communications equipment.
35.
Ascend Communications Inc ., a maker of advanced data communications equipment, will formally announce on Monday that it is selling its Stratus Enterprise Computer Division for more than $ 100 million to a group led by Investcorp, the Middle East investment group.
36.
Lucent Technologies said Monday it would buy the Kenan Systems Corp ., a leader in billing software, but declined to talk about the far bigger deal on Wall Street's mind, a possible acquisition of the Ascend Corp ., a leading data communications equipment maker.
37.
The Federal Trade Commission said on Tuesday that it was ending its nine-month investigation into partnership discussions that Cisco Systems Inc ., the No . 1 maker of data communications equipment, held in recent years with two rivals, Lucent Technologies Inc . and the Nortel Networks Corp . of Canada.
38.
Two of them went to Ascend Communications Inc . of Alameda, Calif . _ Cascade Communications Corp . of Westford, which makes high-speed data communications equipment, sold for $ 3.7 billion in stock, and Stratus Computer Inc . of Marlborough, a leader in fault-tolerant computers, sold in an $ 843 million stock swap.
39.
Two of them went to Ascend Communications Inc . of Alameda, Calif . _ Cascade Communications Corp . of Westford, which makes high-speed data communications equipment, sold for $ 3 . 7 billion in stock, and Stratus Computer Inc . of Marlborough, a leader in fault-tolerant computers, sold in an $ 843 million stock swap.
