LG-Led Venture Buys Networking Gear Maker, Eyes Expansion.

Autor: Tolkoff, Sarah
Předmět:
Zdroj: Orange County Business Journal. 3/15/2010, Vol. 33 Issue 11, p1-54. 2p.
Abstrakt: The article reports on the separation of EdgeCore Networks Inc. from SMC Networks Inc., producer of networking products. It states that the move is part of its aim to get the attention of LG-Nortel Co. Ltd. of South Korea, which owned 60 percent of the company's stake. According to Seok Bin Mun, LG-Nortel invested in the company to expand its business in the U.S.
Databáze: Regional Business News