Brussels, 22/05/2000 (Agence Europe) - The Commission has authorised plans by the French company Alcatel to buy Canada's Newbridge Networks Corp, both of which are active in telecommunications equipment. In late February, Alcatel bid more than USD 6 billion for its Canadian competitor, which was undergoing financial problems. The purpose of the transaction is to consolidate Alcatel's range of products with Newbridge's ATM (asynchronous transfer mode) equipment, used to transport voice and...