C-COR Completes nCube Buy

C-COR completes purchase of nCube

January 3, 2005

1 Min Read

STATE COLLEGE, Pa. -- C-COR Incorporated (Nasdaq:CCBL), a global provider of interoperable network solutions that include access and transport products, software systems, and technical services, all for the On Demand Internet Protocol(IP) era, today announced that it has completed the acquisition of nCUBE Corporation under the terms and conditions of the agreement previously announced on October 20, 2004. Beaverton, Oregon-based nCUBE Corporation is a privately held company and worldwide provider of On Demand media and digital advertising systems. With the completion of this purchase, nCUBE will be integrated with the Company's current software business unit, C-COR Solutions. Michael J. Pohl, President and Chief Executive Officer of nCUBE, will become President of C-COR Solutions.

   The purchase of nCUBE follows four significant acquisitions completed by C-COR during 2004 as part of its strategic plan to aggregate essential enabling capabilities--including optical transport equipment, OSS (operations supportsystems) software, and technical support services--required by the next generation of Internet Protocol (IP) broadband and telecommunications networks. Using digital technology and IP packet-based open standards, these fiber-based networks will carry On Demand subscriber services that will revolutionize communications in the home and business.

   With the acquisition of nCUBE, C-COR will bring a set of capabilities that will allow broadband network operators to profitably transition to an IP packet-based, On Demand delivery system in two key ways: first, by building the highway for delivery of optical packet transport services, and second, by helping broadband and telecommunications network operators to more efficiently manage their businesses with the industry's most complete and sophisticated suite of interoperable back office automation tools for network, content, subscriber, and workforce management.

C-COR Corp.

nCube Corp.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like