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10 February 2006

Lucent to Acquire Riverstone

Lucent Technologies agreed to acquire certain net assets of Riverstone Networks for $170 million in cash. The deal includes substantially all of Riverstone's business operations, not including its cash and convertible subordinated notes. Riverstone is a supplier of carrier-grade Ethernet routers for the telecommunications market. Source: http://www.convergedigest.com/ Tags: , ,