Article Abstract:
AT and T, StrataCom Inc and Cisco Systems Inc announce plans to collaborate on developing switching gear that features a high-capacity switching technology called Asynchronous Transfer Mode (ATM). ATM switches have the enormous capacity requisite for carrying multimedia services, which combine voice, data, high-quality audio and video information. The three companies say they will standardize their products so customers can tie their networks together more readily. The next big battle in the international telecommunications-equipment market will most likely be fought over ATM. Japan's Fujitsu Ltd has already sold big ATM switches to US carriers MCI Communications Corp and Nynex Corp.
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Article Abstract:
AT&T and Pyramid Technology Corp have won a contract that calls for 50,000 workstations and 3,200 minicomputers, together with communications networking equipment. The contract, which is from the Internal Revenue Service (IRS), could be worth as much as $1.4 billion. IBM and its subcontractor, Arix Computer Corp, and Lockheed Corp and its subcontractor, Hewlett-Packard Co, also bid for the contract, but lost out. Pyramid's stock rose $3.75 when the news was announced, closing at $18 on Monday, Jul 15, 1991. AT&T was down 25 cents, at $38.25. According to the IRS, AT&T was selected because of technical superiority and contract support.
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Article Abstract:
AT&T is awarded a contract by the Department of Transportation (DOT) for the supply of as many as 40,000 workstations for the DOT's Office Automation Technology and Services project. The multistage contract has a potential worth of $850 million over the next eight years. The initial stage is worth a minimum of $18 million and will last three years. DOT can then exercise five one-year options to extend the contract.
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