TranSwitch to be a preferred supplier and a strategic partner of the Samsung Network Broadband Division
October 10, 2001
SHELTON, Conn. -- TranSwitch Corporation (NASDAQ:TXCC) today announced that it has entered into a strategic alliance agreement with Samsung Electronics, a world leader in the telecommunications industry. The Memorandum of Understanding (MOU) signed by both companies identifies TranSwitch as a preferred supplier and a strategic partner of the Samsung Network Broadband Division for the development of their next generation networking solutions.“This agreement reinforces a longstanding relationship between TranSwitch and Samsung and represents the opportunity going forward to align the TranSwitch roadmap with the Samsung product roadmap,” stated Dr. Santanu Das, President and CEO of TranSwitch Corporation. “Samsung has been one of our strategic customers for the past several years and this agreement recognizes TranSwitch’s contribution to Samsung Electronics in accelerating its time-to-market.” TranSwitch Corp.
You May Also Like