Network Technology PLC said today it has bought certain assets of Maidenhead, Berkshire, firm Madge Limited from the receivers.

Network Technology said it has acquired the rights and copyright to Madge’s products, brand and website, as well as the remaining inventory. The assets will be absorbed by Network Technology subsidiary Ringdale Limited, making it the world's largest supplier of Token Ring technology.

The company hopes to provide a seamless transition for remaining Token Ring customers, as well as aiming to transfer them to newer technologies. Network Technology estimates Token Ring's installed base at 15m nodes.

In a statement, Network Technology said: “Madge’s customers will be able to benefit from Ringdale’s consultancy expertise in advising on the transfer to the latest networking technology.”

Despite being a technically superior technology, Token Ring has been unable to withstand the rise of ethernet, and new investment in it is rare. ®