Unisphere Solutions of Chelmsford, Mass . and Convergent Networks of Lowell, Mass ., which also offer converged voice-data switching gear, are aiming for public offerings this year and hope to match Sonus's market success.
12.
Last month, XCom Technologies, a new Cambridge, Mass . firm that had just launched a voice and data switching service geared to the Internet, struck a $ 165 million stock deal with Level 3 Communications Inc . of Omaha.
13.
While Greater Boston has emerged in the last several years as a hotbed of start-up activity for advanced data switching and optical networking, it generally has lagged areas such as Chicago, Dallas and northern New Jersey in the booming field of next-generation wireless equipment start-ups.
14.
In the past few months, Ascend has won an impressive string of contracts to sell data switching equipment to some of America's hottest telecommunications companies, including Qwest Communications International, LCI International, GTE Internetworking and Williams Cos . These carriers are using advanced fiber optics to carry voice, video and data together over high-speed networks, slashing operating costs.
15.
"The price tag is good for Argon's equity holders, but still reasonable given that Siemens is buying a company at its early stage, " said Paul Johnson, a senior telecommunications analyst at BankBoston / Robertson Stephens " But Siemens is competing against very established players like Lucent, which made a string of much bigger telecom equipment acquisitions recently, and Cisco, the leader in the data switching and networking space.
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