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C-COR.net Buys Stargus

6/15/2004 3:34 AM Eastern

Weeks after buying Alopa Networks Inc., C-COR.net Corp. scooped up another company, agreeing to purchase Stargus Inc. for $17 million in cash.

Stargus provides network optimization, subscriber-usage reporting and capacity planning for cable MSOs.

C-COR plans to integrate the Stargus operation into its broadband-management-solutions division, and it expects the deal to add $8 million in revenue next year.

 

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