| Telco Systems acquires ANDA Networks’ product portfolio |
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| Thursday, 21 April 2011 11:33 |
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Telco Systems, a BATM company and provider of multi-service Carrier Ethernet access and demarcation systems, has acquired the major assets and intellectual property of ANDA Networks in an all cash transaction.
ANDA is a provider of Carrier Class Ethernet and wireless backhaul platforms that deliver MEF-certified Metro Ethernet services over fiber, copper, and wireless backhaul networks. ANDA’s Ethernet over TDM products supporting IP/MPLS technology and Telco Systems fiber-based edge switching and mobile backhaul aggregation systems combine to offer an integrated range of carrier class, MEF-certified Ethernet solutions. The acquisition will add ANDA’s installed base of more than 30,000 system platforms at Tier 1 carriers’ networks in the U.S. and Canada to Telco Systems’ $2-billion worldwide installed base of service providers, mobile operators, and cable MSOs, reveals a spokesperson. “Telco Systems continually looks for strategic opportunities in order to grow both our business and product offerings. ANDA’s strong suite of Ethernet access products in conjunction with our multi-service Ethernet edge solutions will provide customers a complete range of choices for Carrier Ethernet regardless of the installed infrastructure,” says Avi Cohen, executive vice president of business development marketing for Telco Systems. “We expect that this acquisition will yield immediate benefits to Telco Systems, ANDA, and our combined service provider customer base.” "The combination with Telco Systems creates synergies in terms of technology and customers,” explains Charles R. Kenmore, ANDA Networks president and CEO. |
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