C-COR Closes nCUBE Buy
C-COR Inc. said Monday that it closed its reported $89.5 million purchase of video-server vendor nCUBE Corp., which was announced in October.
Beaverton, Ore.-based nCUBE, sold by Oracle Corp. chairman Larry Ellison, will be integrated into software business unit C-COR Solutions. nCUBE CEO Michael Pohl becomes president of C-COR Solutions.
C-COR made several acquisitions in 2004 as part of a strategic plan to amass essential enabling capabilities -- including optical-transport equipment, operations-support systems software and technical-support services -- required by the next generation of Internet-protocol broadband and telecommunications networks.
Other acquisitions were gigabit-Ethernet-transport provider Optinel Systems Inc., network-optimization firm Stargus Inc., metropolitan-area-network-transport provider Lantern Communications Inc. and IP-services-support provider Alopa Networks Inc.
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