When the transaction is consummated, Ascend
Telecom Infrastructure Private Ltd.
Therapeutics is a biopharmaceutical company focused on the use of transdermal drug delivery technology to overcome therapeutic barriers and raise the standard of care for certain chronic conditions.
In conjunction with this acquisition, Veronis Suhler Stevenson, the owner of the Atwood and GEM companies, will invest alongside JPMP and maintain an equity interest in Ascend
Media as part of the sales transaction.
One Corporation, the parent company to a family of financial businesses that includes Amerix Corp.
Lucent"), pursuant to which, each outstanding share of Ascend
common stock will be exchanged for 0.
We believe that our core switching products offer the most comprehensive solutions in the industry," said David Misunas, vice president, marketing and product management, Core Systems Division, Ascend
For instance, factors which could cause actual events or results to differ from anticipated events or results include the rate of development of new and enhanced technology by Ascend
and its competitors, the integration of new businesses, the introduction and market acceptance of new products by Ascend
and its competitors, competitive pricing actions and marketing programs, among others.
We are pleased with the business partnership between BlueStar Communications and Ascend
that began with a $10 million financing package in August 1998.
continues to be the recognized leader in worldwide RAC port shipments in virtually every published report covering the market segment.
Two key Ascend
offerings -- IP Navigator and Navis management software -- put Ascend
over the top when we were evaluating their advanced switching solutions.
Company Leverages Expertise of Ascend
GIS Division for Design and
This award exemplifies Ascend
's leadership in building next-generation networking solutions that grow the businesses of our customers and serve the future needs of the Internet," said Kurt Bauer, vice president of product marketing, Access Switching Division, Ascend