A Texas Switchmaker Tries To Lasso Cash
DSC Communications is struggling to regain its footing. On Sept. 5, the Plano (Tex.) maker of digital switches said it had hired Goldman Sachs to help rope in fresh cash to develop products and fend off such giant rivals as AT&T and Northern Telecom. DSC's options for raising money include the sale of all or part of the company, as well as joint ventures or partnerships. Analysts say foreigners such as Ericsson, Alcatel, Siemens, Fujitsu, or NEC would benefit most from aligning with DSC.
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