You are here: silicon.com > Networks > Broadband & ISPs

Siemens splashes out on Redstone

By editorial@silicon.com

Published: 19 March 1999 17:49 GMT

Siemens has acquired US Internet specialist, Redstone Communications in a bid to boost its position in the US voice and data network market.

Founded in autumn 1997, Massachusetts-based Redstone specialises in IP routing technology.

The deal is the latest in a series of acquisitions for Siemens' newly-formed Information and Communications segment, Unisphere. It has already spent over $500m since it formed at the beginning of the month, acquiring Argon Networks and Castle Networks and a stake in Accelerated Networks.

Siemens also announced that it will launch Siemens Smart Card Systems, a new legally-separate company to be run by Siemens Business Services.

Financial details of the Redstone acquisition have not been disclosed.

Add comment

Print story

Email story

RSS

Top five takeovers that shook the tech world

Siemens Business Services*: Cutting Costs Through Efficient License Management

Insurance group sells IT department in €300m deal

Quocirca's Straight Talking: Convergence here at last?

The Bloor Perspective: Oracle's 11i under scrutiny, FI's future with Druid, and IT in the mega-merger

In silicon.com

Commentary

silicon.com Inbox: iPhone ad, red boxes, wi-fi piggybacking, sci-fi thinking "The more machines think, the less humans bother to think"

Peter Cochrane Peter Cochrane's Blog: Why your broadband's so slow Don't be so quick to blame the ISP

Latest News

UK broadband outcasts to get 100Mbps first

Fibre era fraught with roadblocks: EC

Home broadband gives kids better GCSE results

Gov't spends £18m on comms surveillance

C&W inks £8m deal to hook up Réunion Island

Zittrain: Android holds the key to free future

Jobs

Senior Security Analyst 45,000 + benefits + car, Wolverhampton

This is a role within a newly formed IT Security function dedicated to managing Information Security risks. Environmental Security Communications and ...

Software Engineer - BEAUTIFUL LOCATION & GREAT COMPANY

The successful candidate will be required to have experience with some of the following; - Design and develop software programmes to specific ...

Clinical Research Associate-Fastest growing CRO, Cardiology, Nottingha

Below is information about the company but save time APPLY NOW Full job description and company profile provided The environment is highly ambitious, ...

Special Report Focus

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.