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Analysts expect regional telephone companies to expand into new markets and computer concerns to buy networking or Internet companies to round out their product lines.
Commerce Secretary Carlos M. Gutierrez and Steve H. Murdock, director of the U.S. Census Bureau, briefed at least half a dozen congressional leaders and members of their staffs this week to discuss the agency's contract to buy networking equipment and at least 500,000 handheld devices from Harris Corp. of Melbourne, Fla.
Under the new proposed rules, wireless carriers and other companies won't be able to use federal funds to buy networking hardware or services from "any company that poses a national security threat to the integrity of U.S. communications networks or the communications supply chain," according to a statement by FCC Chairman Ajit Pai.
You can buy networking; you can't buy friendships," says Fox.
She said that even in a downturn, companies need to buy networking equipment to keep their internal infrastructure and Web sites up and running.
Cisco, which itself accounted for 51% of MMC's business, rewarded IBM with a five-year, $2 billion commitment to buy networking chips from IBM, leaving MMC the odd man out.
Similar(52)
And Cisco also bought networking company Core Optics for $99 million.
According to Mine, UUnet bought networking products from Fore Systems because it was the first with an OC-48, 2.5-gigabit-per-second interface.
But AT&T spun off Lucent in part because local telephone companies were sometimes wary of buying networking equipment from AT&T, a company that was planning to compete for their local calling customers.
Which means if people stop buying networking equipment, e-commerce stops expanding.
PC and printer giant Hewlett-Packard said late Wednesday that it is buying networking equipment maker 3Com for $2.7 billion in cash, and also released preliminary fourth quarter results that beat expectations.
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