Bay Networks, a maker of computer network software, fell 1, to 27.

Bay Networks changed the name to the Accelar brand name in 1997.

Bay Networks' shares fell $1.375, to $48.875, on Nasdaq.

As the demand for remote networking has grown, Bay Networks has had to decide whether to build its own products or buy a solution.

Based on Bay Networks' closing price Tuesday of $50.25, the transaction was valued at $330 million.

Many people believe that many companies would want to buy a networking company like Bay Networks.

Bay Networks has stumbled, with product delays and falling profits causing two consecutive quarters of disappointing earnings.

There is talk that Bay Networks, with its stock price so low, is a candidate for a takeover.

The problem at Bay Networks is not technology; they've got plenty of that.

The problems at Bay Networks, he added, "are pretty straightforward."