Nortel to Acquire Xros for $3.25 Billion
Mar 16, 2000 — BRAMPTON, Ontario, Canada, Mar. 16 -- Nortel Networks has agreed to acquire photonic switch developer Xros, of Sunnyvale, Calif., for $3.25 billion worth of Nortel common shares, fully diluted. According to Nortel, Xros' micro-mirror technology...