Alcatel-Lucent has announced a definitive agreement to acquire privately held services gateway specialist NetDevices for an undisclosed sum.
The transaction is subject to certain standard closing conditions including regulatory approvals, and is expected to close in the second quarter of Alcatel-Lucent’s fiscal year 2007.
Once the acquisition is closed, the NetDevices team and products will be integrated into Alcatel-Lucent’s Enteprise Business Group.
Hubert de Pesquidoux, president of Alcatel-Lucent’s enterprise activities, said: “Today's enterprises are looking for ways to transform their businesses through the deployment of networks and services that enable their employees to work more efficiently, and their customers to receive a higher level of satisfaction. A fresh approach based on the enterprise platform from NetDevices combined with our core strengths of voice and switching will help to deliver best in class enterprise networks."
Seenu Banda, chief executive of NetDevices said: “NetDevices' services gateways bring all required services for a branch office in a unified package, dramatically reducing the network complexity for enterprise customers and small medium business. I am very excited that by joining forces with Alcatel-Lucent, we can enhance the benefits of NetDevices' solutions to our customers and create new opportunities for our partners."
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