Nortel acquires Alteon to move at ‘web speed’

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Nortel Networks has acquired Alteon WebSystems, the leader in content networking. This move will accelerate Nortel’s ability to move content seamlessly across optical Internet and 3G wireless networks, and Internet data centers.

“We are ready to move forward at web speed to deliver high-performance content delivery services that exploit the Internet and create new profit opportunities for service providers,” said Dominic Orr, president of Alteon WebSystems.

Orr assumes the role of president of content networking, and will report to Anil Khatod, president of global Internet solutions.

“This is a major milestone in our efforts to bring a new level of intelligence and personalization to the Internet,” said Clarence Chandran, chief operating officer of Nortel. “The high-performance Internet will be able to prioritize and speed information to its destination by looking beyond the IP address and into the content sent by any given user. Alteon WebSystems broadens our capabilities for application service providers, Internet data centers, portals and web hosters.”

Alteon WebSystems pioneered the concept of web switching and is a provider of next generation Internet infrastructure solutions. Founded in 1996, Alteon WebSystems employs a staff of over 600 around the world.

Nortel Networks had 1999 revenues of US$21.3 billion and serves carrier, service provider and enterprise customers globally.

Nortel Networks

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