Newbridge Networks Corporation ( Now Alcatel )

Newbridge Networks Corporation ( Now Alcatel )

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Newbridge Networks Corporation ( Now Alcatel )
  • $149.95

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Beautifully engraved certificate from the Newbridge Networks Corporation. This historic document was printed by the Canadian Banknote Company and has an ornate border around it with a vignette of a dat center and the comp[any's logo. This item has the printed signatures of the Company’s President and Secretary.
Certificate Vignette Newbridge Networks designd, manufactured and serviced a comprehensive family of networking products and systems that delivers the power of multimedia communications to organisations in more than 100 countries throughout the world. Newbridge products were the choice of an expanding range of customers which included the world's 200 largest telecommunications service providers, and over 10,000 corporations and government organisations. The company had facilities throughout Canada, the United States, Latin America, Europe, the Middle East, Africa and Asia. Newbridge Networks Corporation was a public company whose common shares were listed for trading on the New York Stock Exchange in the United States and on The Toronto Stock Exchange in Canada. On May 25, 2000, Alcatel (Paris: CGEP.PA and NYSE: ALA) and Newbridge Networks Corporation (NYSE :NN and TSE: NNC) announced the completion of Alcatel's previously announced acquisition of Newbridge Networks. The merger became effective today after the Superior Court of Justice (Ontario, Canada) approved the plan of arrangement, and after clearance by all competent regulatory authorities. Alcatel now owns all of the voting and equity shares of Newbridge Networks. By virtue of this acquisition, Newbridge Networks shareholders now hold, at their election, either Alcatel ADSs or exchangeable shares to be exchanged into Alcatel ADSs within the next five years. Through the acquisition of Newbridge Networks, Alcatel is able to immediately extend its world-wide leadership in wired and wireless multi-service broadband access solutions, which are the cornerstone of multimedia-ready next generation networks. It reinforces Alcatel's position in ATM, a key technology in voice/ data convergence and also positions Alcatel as a leader in the LMDS radio access networks.


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