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Assured Access Technology Company
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March 5, 1999 | Reuters
French telecom group Alcatel said it agreed to buy Assured Access Technology, a Milpitas, Calif.-based developer of remote-access solutions for the Internet protocol market, for $350 million in cash. Internet protocol technology allows for high-speed, high-volume voice and data communications via the Internet. The transaction is expected to close in about two weeks.
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BUSINESS
March 5, 1999 | Reuters
French telecom group Alcatel said it agreed to buy Assured Access Technology, a Milpitas, Calif.-based developer of remote-access solutions for the Internet protocol market, for $350 million in cash. Internet protocol technology allows for high-speed, high-volume voice and data communications via the Internet. The transaction is expected to close in about two weeks.
