Tropos, ABB Ink Acquisition Papers
In a letter to the company’s “friends” this morning, Tropos Networks President/CEO Tom Ayers announced his company and ABB signed a definitive agreement for Tropos to be acquired by ABB.
No financial details were disclosed.
“The acquisition will bring Tropos’ world-class wireless mesh technologies and products as well as a team of highly skilled employees into ABB,” Ayers added.
When the deal closes, Tropos will become part of ABB’s global Utility Communications product group. “The combined business will provide customers and partners with a cost-effective solution for flexible, private distribution area communication networks supported by ABB’s global network of customer services,” Ayers explained. “ABB’s customer base, which includes the energy, transportation and mining sectors, and their extensive sales organization, will offer new and exciting geographic and vertical market opportunities for Tropos products.”
Tropos will continue its R&D efforts from its Sunnyvale, Calif., location, and its leadership team will remain in place. “Eventually, ABB will establish the Tropos location as ABB’s center of excellence for wireless communications technologies,” Ayers concluded.
In separate M&A news, Ixia completed its previously announced acquisition of Anue Systems Inc., a developer of network-visibility solutions (for more information, click here). ?
“This strategic move extends Ixia’s leadership in validating next-generation networks and applications running over wireless access infrastructure, cloud environments and converged data centers,” says Vic Alston, Ixia’s president/CEO. “Anue’s solutions provide visibility into network traffic in real time, enabling network operators and enterprises to quickly and effectively allocate resources for new services, new users and new traffic patterns. This insight into network performance, scale, and resiliency allows network operators to ensure a higher quality of experience across their production networks.”? ?
Anue’s Net Tool Optimizer solution connects data center and cloud environments to network analysis tools, allowing network engineers to aggregate traffic from multiple network elements and optimally filter the traffic monitored by each analysis tool. “With the Anue Net Tool Optimizer solution, IT resources are maximized, network troubleshooting is streamlined, and network monitoring capacity is expanded,” Ixia noted in a release earlier today. “Anue’s technology platform, coupled with Ixia’s strong market position, will create significant opportunity for Ixia to lead in the rapidly growing network visibility market.”
