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Nortel Buys Tasman for $100M

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TORONTO, Dec. 28, 2005 -- Canadian communications equipment maker Nortel has agreed to buy San Jose, Calif.-based Tasman Networks, a manufacturer of networking routers established in 1997, for $99.5 million in cash. The deal is expected to close in the first quarter of 2006. Nortel says the deal...Read full article

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