In the past 18 months, Nortel has spent $10.8 billion snapping up data and 
voice networking companies to beef up its offerings outside traditional 
telephone gear. Here's a sampling.


CLARIFY              Maker of software used for customer management such as
San Jose, Calif.     corporate help desks and support hotlines. This moves
$2.1 billion         Nortel into software applications.October, 1999

PERIPHONICS          Maker of voice-response systems for call centers. The
Bohemia, N.Y.        company adds new, more powerful software features to
$436 million         call-center systems that Nortel markets toAugust, 1999     
                     corporations.

SHASTA NETWORKS      Software maker rounds out Nortel's Net products for
Sunnyvale, Calif.    phone companies. The software lets them tailor-make
$340 million         Internet and data services for each customer and April, 
		     1999 charge accordingly.

CAMBRIAN SYSTEMS     Hot maker of optical technology used in metropolitan-
Kanata, Ont.         area phone networks. The core product, OPTera Metro,
$300 million         provides high-speed, low-cost fiber-optic links 
December, 1998       that should help unclog Internet bottlenecks.

BAY NETWORKS         The No. 3 maker of data networking equipment was on
Santa Clara, Calif.  the rebound when Nortel gobbled it up. Bay bolstered
$6.9 billion         Nortel's business in corporate networking.August, 1998


DATA: NORTEL NETWORKS CORP., BUSINESS WEEK