Johnson provided some details on the new product, which he described as more scaleable than Foundrys existing NetIron 40G router. The new device can deal with 480 million packets a second, he said, and will be launched later this quarter.
The exec added that the IMR will be positioned against the GSR, CSR, and OSR routers from Cisco Systems Inc. (Nasdaq: CSCO), as well as Juniper Networks Inc.s (Nasdaq: JNPR) T320.
Johnson also hinted that Foundry is planning its first acquisition. With the companys cash position up $112 million from 2003, the CEO said that the money could be used to snap up another firm. It allows us to acquire technologies and companies and get us to the next level."
However, the Chief got all cryptic when pressed on the likely targets: It will be focused more on adjacent opportunities where we can extend our reach. This is a scenario where we are a very patient company.
James Rogers, Site Editor, Next-Gen Data Center Forum
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