Sentence examples for switch maker from inspiring English sources
The company said the C&K purchase would make ITT Industries the world's biggest switch maker.
The company is also trying to sell the switch maker NetVantage, which it bought in September 1998 for $77.8 million.
C1 Cisco Buying Switch Maker Cisco, the network equipment maker, said it would acquire ArrowPoint Communications for $5.7 billion.
Last week, RHJ said it was selling the Japanese switch maker Niles to the French automotive company Valeo for 135 million euros.
Alcatel has already made several forays into North America, including its $7.1 billion acquisition last year of the switch maker Newbridge Networks of Canada and its purchase in 1998 of DSC Communications of Dallas, an optical equipment company.
ABB, Europe's leading electrical engineering group; Ericsson, the phone and telecommunications switch maker in Sweden; Reuters, the financial-information company; and Invensys, a factory controls maker in Britain have all announced job cuts recently.
Suppliers, like track makers and switch makers, reported shortages.
Established switch makers like Juniper Networks and Force10 Networks, along with start-ups like Woven Systems, have also charged after the 10 Gigabit Ethernet market for years.
Extreme Networks and Foundry Networks found themselves the targets of a Lehman Brothers downgrade, which will likely pressure the shares of other switch makers, tagging networking stocks as Forbes.com's sector to watch today.
The company has bought just a few strategic players–such as optical switch makers Monterey Networks and Cerent Corporation, both on the same day in August 1999 for a combined $7.4 billion, and the optical networking division of Pirelli Systems for $2.15 billion in December 1999.
Nortel, for example, paid $3.25 billion for an optical-switch maker called Xros and $1.43 billion for CoreTek, which makes comparable microsystems for tunable lasers.While its rivals have been making strategic acquisitions, Lucent, one of the world's leading optical-technology companies, prefers to rely on its own resources.
