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March 14, 2000 8:40 AM PST

Nortel buys Xros to get new switch

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North America's No. 2 phone-equipment maker agrees to buy Xros for $3.25 billion in stock, the latest in a flurry of acquisitions to gain fiber-optic technology.

The story "Nortel buys Xros to get new switch" published March 14, 2000 at 8:40 AM is no longer available on CNET News.

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