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Alcatel Acquires Astral Point; Announces Overseas Ventures

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DALLAS, April 8 -- Alcatel has completed its acquisition in shares of Astral Point Communications Inc., a privately held company in Chelmsford, Mass., that develops SONET technologies. Astral Point's ON 5000 and ON 7000 products, which have been renamed the Alcatel 1675 Edge Gateway and the Alcatel 1677 SONET Link, respectively, are now part of Alcatel's portfolio. Through this acquisition, Astral Point has joined Alcatel USA. Alcatel also announced its following activities overseas: -- a multi-million dollar contract with Guangxi Telecom for a network, expected to be completed in the first...Read full article

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    Published: April 2002
    CommunicationsindustrialNews & Features

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