Lucent buys Ascend for $20 billion
the drenalizer
writes "Here is an interesting one for the ISP and telco
industries. CNN has an article
on this story. Reaction so far seems that ISP's are optimistic
about the deal and think that Lucent can benefit from getting
Ascend's SOHO product line and some of the mid range products
that they offer (and maybe Ascend customers will appreciate
more clueful tech support according to some). "
We get excellent speeds out of our MAXen. 6.0KB/s is the norm for good solid 56K connects. ISDN connections are a solid 14KB/s.
...Steve
Many of you are leaving out the fact that half of
Ascend is the former Cascade Communications (which
make AMT and FR switches). This is what Lucent wants. Forget the buggy low-end dial-in stuff. It's the core switching equipment which Lucent has customer's asking for.
that's a handful of loaded MAX TNTs
I heard rumors about this and am glad it happened. Some of the Ascend stuff I have to deal with is just brain-dead so maybe Lucent can address these issues. Then again, it's better then 3com racks so I can't complain.
Hey maybe with LT getting some new tech they will be able to build their el cheapo winmodems with actual functionality! From the troubles I have providing tech support for winmodems I certainly hope so. I'm not the only one. winmodems.org
I say I ain't giving you no tree fiddy you goddamned Loch Ness monster, get yo own goddamned money!
If you read my comment again you will see that I suggested that LT might be able to build working winmodems with Ascend's technology. Hell, they could probably build better winmodems with Pizza Hut's technology...
I say I ain't giving you no tree fiddy you goddamned Loch Ness monster, get yo own goddamned money!
i work for Cabletron. is that a good thing? your guess is as good as mine. I know that Gig is not too bad; sure it's got some problems, but it has only recently gotten its standards ratified.
One thing that Gig has over ATM is getting things going. with ATM you have to monkey with configurations all over the place. with Gig (like any other Ethernet), it's pretty-much PnP.
Back to the subject at hand: Lucent buying Ascend.... It was bound to happen that SOMEBODY was gonna get bought; at ctron, we heard rumors that it would be US. obviously that didn't happen. now it's us and Newbridge looking for a buyer. (personally, i think it'll be Newbridge that gets bought before Cabeltron.)
_______
When politicians are involved, everyone loses.
according to people who should know, Lucent is going to phase out the Ascend boxen...(shrug)
Brian
which makes equipment that can take 10/100 Enet, DS1, DS3, Voice, and Frame Relay and send it out an ATM trunk (anything from DS1 up to OC3, or multiple DS1's using IMA). And these of course talk directly to the Cascade ATM switches.
This merger is probably a good thing for both Lucent and Ascend.
-- hgc
-- hgc
Linux: There is no infringing code.
It's $20 Billion with a 'B'. 1,000 times bigger - and in stock. The value is now acually higher than $20 billion because Lucent's stock price rose on Friday.
And to think only 2 months ago Ascend offered me a cushy job which included $20,000 worth of Ascend stock. I'm happy where I am but, ouch, that really hurts.
"Where is my mind?"