Monday, September 15, 2003

General DataComm Emerges from Bankruptcy

General DataComm Industries emerged from bankruptcy protection on 15-Sept-2003. Creditors will receive payment of 100% of their claims over a five-year period, and shareholders will retain their shares subject to a one-for-ten reverse stock split.

GDC offers a range of NEBS Level 3 Certified, carrier-class network access products including integrated access systems for T1/T3, xDSL, DDS and analog services; modems/CSUs/DSUs, routers, Ethernet switches, LAN extension devices; Frame Relay probes and monitors; and network management systems.
http://www.gdc.com

  • GDC was founded in 1969 and was an early developer of data communications products.