DSL Provider Scoops up Netscreen Firewall Goldmine
L. Taylor - April 20, 2000

Event Summary

In a $905million exchange of stock, Efficient Networks (Nasdaq: EFNT) acquired firewall appliance vendor Netscreen Technologies, a privately held company based in Santa Clara, California. Efficient Networks is a developer and supplier of Digital Subscriber Line (DSL) equipment and technology. Incorporated in Dallas, Texas, Efficient Networks first issued an IPO last July...