CASCADE COMMUNICATIONS CORP
POS AM, 1997-09-17
COMPUTER COMMUNICATIONS EQUIPMENT
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<PAGE>
 
      As filed with the Securities and Exchange Commission on September 17, 1997
                                                      Registration No. 333-06137
================================================================================

                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549

                       POST-EFFECTIVE AMENDMENT NO. 1

                                     TO

                                  FORM S-3

                        REGISTRATION STATEMENT UNDER
                         THE SECURITIES ACT OF 1933

                        CASCADE COMMUNICATIONS CORP.
           (Exact name of registrant as specified in its charter)

           DELAWARE                                        04-3099677
(State or other jurisdiction of                         (I.R.S. Employer
incorporation or organization)                         Identification No.)

     5 CARLISLE ROAD, WESTFORD, MASSACHUSETTS  01886-3600 (508) 692-2600
  (Address, including zip code, and telephone number, including area code,
                of Registrant's principal executive offices)

                          ________________________

                               DANIEL E. SMITH
                    PRESIDENT AND CHIEF EXECUTIVE OFFICER
                               5 CARLISLE ROAD
                     WESTFORD, MASSACHUSETTS 01866-3601
             (Name and address of agent for service of process)

                               (508) 692-2600
        (Telephone number, including area code, of agent for service)

                          ________________________

                                  Copy to:

                           THOMAS W. FURLONG, ESQ.
                        GRAY CARY WARE & FREIDENRICH
                         A PROFESSIONAL CORPORATION
                             400 HAMILTON AVENUE
                        PALO ALTO, CALIFORNIA  94301
                               (415) 328-6561
                                        
<PAGE>
 
                            DEREGISTRATION OF SHARES

          The Registrant hereby removes from registration under this
Registration Statement (No. 333-06137) 3,176,566 shares of Common Stock, par
value $.001 per share (the "Common Stock"), registered hereunder (the "Shares").
The Shares were originally registered in connection with the Registrant's
acquisition of Arris, Inc. On June 30, 1997, all outstanding shares of the
Common Stock were converted into the right to receive 0.70 of a share of common
stock, par value $.001 per share, of Ascend Communications, Inc. Registrant,
therefore, hereby amends this Registration Statement to withdraw the Shares from
registration.

                                   SIGNATURES

          Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets all
the requirements for filing on Form S-3 and has duly caused this Post-Effective
Amendment No. 1 to the Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in Alameda, California on September 16,
1997.

                                      CASCADE COMMUNICATIONS CORP.


                                      By: /s/ Robert K. Dahl
                                          ---------------------------------
                                          Robert K. Dahl
                                          Vice President and Chief 
                                          Financial Officer

     Pursuant to the requirements of the Securities Act of 1933, as amended,
this Post-Effective Amendment No. 1 to the Registration Statement has been
signed below by the following persons in the capacities indicated on 
September 16, 1997.

<TABLE>
<CAPTION>
                 Signature                                    Title
<S>                                          <C>

/s/ Daniel E. Smith                          President, Chief Executive Officer and
- -------------------------------------------  Director (principal executive officer)
Daniel E. Smith

/s/ Robert K. Dahl                           Vice President, Chief Financial
- -------------------------------------------  Officer (Principal Financial and
Robert K. Dahl                               Accounting Officer) and Director
 
/s/ Michael J. Johnson                       Vice President, Assistant Secretary
- -------------------------------------------  and Director
Michael J. Johnson

Victoria A. Brown*                           Director
- -------------------------------------------
Victoria A. Brown

                                             Director
- -------------------------------------------
Richard M. Burnes, Jr.


</TABLE>

                                      2
<PAGE>
 
<TABLE>
<CAPTION>
                 Signature                                    Title
<S>                                          <C>
/s/ Mory Ejabat                              Director
- -------------------------------------------
Mory Ejabat

Paul J. Ferri*                               Director
- -------------------------------------------
Paul J. Ferri

/s/ Anthony Stagno                           Director
- -------------------------------------------
Anthony Stagno

/s/ Jeanette Symons                          Director
- -------------------------------------------
Jeanette Symons

Steven C. Walske*                            Director
- -------------------------------------------
Steven C. Walske
</TABLE>

*By: Daniel E. Smith
     ---------------------
     Daniel E. Smith
     Attorney-in-Fact

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