Siemens AG, the German electronics and telecommunications giant, is expected to acquire Argon Networks Inc . of Littleton, Mass ., a two-year-old developer of data switches, for $ 240 million, according to several sources familiar with the Siemens'plans.
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That came as Siemens of Germany was agreeing to acquire a handful of private data networking companies and as Alcatel of France agreed to acquire Xylan Corp ., a maker of data switches, for $ 1 . 7 billion.
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Each repeater included a base station-controlled cross-over data switch to swap traffic through a choice of two fibre pairs, the switch connections in successive repeaters enabled any desired connection to be made and provide a diversity path when required.
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But in the mid-1980s, Swirsky had become enamored with a company named Data Switch Corp ., a high-technology firm later acquired by General Signal Corp . He invested heavily in the company, for himself and for several clients, including Murray.
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Avaya comprises the three businesses under Lucent's Enterprise Networks Group, which sells business telephone networks, voice and data switches for those networks, voice messaging systems such as its popular Intuity AUDIX, and other equipment and services to " enterprises ."
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Kevin Klapper, senior director of hardware development for Sonus Networks in Westford, another voice data switch maker with 22 customers, said Sonus made a decision from its founding five years ago to use programmable network processors exclusively and avoid ASICs.
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But he maintains there were good reasons to believe in Data Switch : It had doubled sales for five years straight, Prudential rated it an " aggressive buy, " and Swirsky's own research and visits to the company's Shelton headquarters impressed him.
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MCK officials see their products as being an especially useful bridge between conventional " private branch exchanges, " or PBXs, the lifeblood of a big company switchboard, and devices now hitting the market that will link all voice calls into a data switch.
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Sonus Networks of Westford, Mass ., a maker of voice-data switches that had an explosively successful initial public offering in late May before coming back to earth, used its market-cap wealth to make a $ 735 million bid for a Texas-based " softswitch " maker.
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Meanwhile, Ericsson of Sweden, the maker of cellular phones and both wireless and traditional telephone networks, said it had agreed to acquire the Torrent Networking Technologies Corp ., a private maker of advanced data switches based in Silver Spring, Md ., for $ 450 million in cash.