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BBN TO ACQUIRE BARRNet FROM STANFORD
From: David Farber <farber () central cis upenn edu>
Date: Wed, 22 Jun 1994 18:07:56 -0400
Aquisition Would Merge Leading Internet Services For New England and San Francisco Bay Area CAMBRIDGE, MA, June 22, 1994 -- Bolt Beranek and Newman Inc. (NYSE:BBN) and Stanford University today announced that they have signed a letter of intent under which BBN would acquire the Bay Area Regional Research Network (BARRNet) from Stanford. This agreement, when finalized, would allow BBN to merge its New England NEARNETSM operation, which is the leading provider of Internet services in New England, with BARRNet, which is the leading provider of such services in the San Francisco Bay Area. Financial terms were not disclosed.
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- BBN TO ACQUIRE BARRNet FROM STANFORD David Farber (Jun 22)