Merged Nortel faces network market gorilla

Article Abstract:

Northern Telecom Ltd. is acquiring Bay Networks Inc., a US-based firm with strong technology and a robust clientele, for $9.1 billion in stock. The telecommunications titan hopes the competitive advantages of its new acquisition will make it a player to be reckoned with in the computer network equipment market. Northern Telecom President and CEO John Roth does not believe that Bay is inferior to competitor and giant Cisco Systems Inc. Roth noted as an example that Bay's equipment runs of more electronic commerce networks than other competing gear.

Comment:

Is acquiring Bay Networks, a US-based firm with strong technology and a robust clientele, for $9.1 billion in stock

Asset sales & divestitures, Acquisitions & mergers, Office & Computing Machines, Office equipment, Northern Telecom Ltd., Bay Networks Inc., Article

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Shell eyes $17 - billion expansion

Article Abstract:

Shell Canada Ltd and its partners Western Oil Sands Inc., and Chevron Texaco Corp. are negotiating with each other over spending $17 billion on their oil sands project, the " Athabasca Oil Sands Project (ASOP)" as soaring energy prices bolster the economies of producing crude from the bitumen deposits of northern Alberta.

Financial management, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Company investment, Investments, Negotiation, mediation and arbitration, Petroleum industry, Shell Canada Ltd., Western Oil Sands Inc., Chevron Corp.

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C-Mac warns of steep revenue shortall

Article Abstract:

C-MAC Industries Inc. to be acquired Solectron Corp. Despite C-MAXC revenue shortfall, the acquistion of the company is still on track as is a major outsourcing deal with Nortel Networks Corp.

Sales, profits & dividends, Communications Equipment, Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Electronic components, not elsewhere classified, Other Electronic Component Manufacturing, Electronic Components NEC, Planning, Finance, Electronic components, Acquisitions and mergers, Telecommunications equipment industry, Electronics industry, Nortel Networks Corp., NT, Electronic components industry, Solectron Corp., SLR, Company Profile, Outsourcing, C-MAC Industries Inc., EMS

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