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FORE Systems, Inc., was a computer network switching equipment company based in Pittsburgh, Pennsylvania.Founded in 1990 to supply Asynchronous Transfer Mode (ATM) cards for workstation computers, it soon branched out to become a major supplier in the ATM switch market and the extended those product lines to add Internet Protocol switching and other devices.
The £2.8bn price for FORE Systems and the £1.3n spent on RELTEC took a heavy toll on Marconi following the bursting of the bubble in 2000/2001. In the first half of 2001, some of Marconi's major competitors such as Lucent Technologies and Alcatel had issued profit warnings, citing a large drop in orders from large telecoms groups.
Netronome was founded in 2003 by Niel Viljoen, David Wells and Johann Tönsing, who had all previously worked for Marconi. Niel Viljoen served as Chief Technology Officer at Marconi, having been General Manager at Fore Systems, acquired by Marconi for $4.6 billion in 1999. Viljoen served as the CEO and president of Netronome from 2003 until 2011.
(Reuters) -Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region's destructive wildfires on their operations, with some ...
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The Palos Verdes Peninsula, a Los Angeles County area that juts into the Pacific Ocean, shifted around 16 inches toward the ocean during last fall, according to NASA’s Jet Propulsion Laboratory ...
Berkeley Networks was acquired by Pittsburgh-based FORE Systems for US$250 million, and then which later was acquired by London-based GEC (now Marconi Corporation plc) for £2.8 Billion. See also [ edit ]
In 1903, Marconi founded the Marconi's Wireless Telegraph Company of Canada which was renamed as the Canadian Marconi Company in 1925. The radio business of the Canadian Marconi Company is known as Ultra Electronics TCS since 2002 and its avionic activities as CMC Electronics, owned by Esterline since 2007. [6]