Well this is a shocker!!!!

[724Skinsfan]

I worked as a network design engineer for a small company that was bought out by Alcoa-Fujikura. Two months later all of us were layed-off. The big company will evaluate assets and liabilities. If your division is generating revenue I think you'll be alright. If not, then you're right: it's resume polishing time. Hope everything turns out alright for you!