LightStream

LightStream
Type Subsidiary
Industry Computer networking
Founded United States
Headquarters United States
Parent Cisco Systems

LightStream is a LAN switching company[1] based in the United States. The company was a joint venture between Bolt Beranek & Newman Inc. and UB Networks. It was acquired by Cisco Systems on December 8, 1994 for $120 million in cash.[2]

References

  1. ^ Knell, Michael E. (Aug 10, 1993). "Business Lightstream starts networking". Boston Herald: pp. FINANCE 036. http://pqasb.pqarchiver.com/bostonherald/access/68130266.html?dids=68130266:68130266&FMT=ABS&FMTS=ABS:FT&type=current&date=Aug+10%2C+1993&author=MICHAEL+E.+KNELL&pub=Boston+Herald&desc=Business+Lightstream+starts+networking&pqatl=google. Retrieved 2011-04-28. "Lightstream's switch is an example of Asynchronous Transfer Mode, or ATM, which permits rapid shift of data. Bolt owns 80 percent of Lightstream and the rest will be held by Ungermann-Bass, a Tandem Computers subsidiary." 
  2. ^ "COMPANY NEWS; CISCO SYSTEMS TO BUY LIGHTSTREAM FOR $120 MILLION". The New York Times. 1994-12-09. http://www.nytimes.com/1994/12/09/business/company-news-cisco-systems-to-buy-lightstream-for-120-million.html. Retrieved 2011-04-28. "Cisco Systems Inc. agreed yesterday to acquire the Lightstream Corporation for $120 million in cash. Lightstream, which makes asynchronous mode transfer (ATM) switches for computer networks, is a joint venture of Bolt Beranek & Newman Inc. and UB Networks, a unit of the Tandy Corporation."