Telco Systems Acquires ANDA Networks' Product Portfolio
Combination leverages customer and product synergies offering a complete range of Carrier Ethernet access, edge, aggregation and mobile backhaul solutions
MANSFIELD, MA – April 20, 2011 - Telco Systems, a BATM company (LSE: BVC) and provider of multi-service Carrier Ethernet access and demarcation solutions, announced today that it has acquired the major assets and intellectual property of ANDA Networks in an all cash transaction.
ANDA is a leading provider of Carrier Class Ethernet and wireless backhaul platforms that deliver cost-effective MEF-certified Metro Ethernet services over fiber, copper and wireless backhaul networks. Together, the Telco Systems and ANDA product lines leverage synergies between their complementary technologies. Ethernet over TDM products supporting IP/MPLS technology from ANDA and Telco Systems fiber-based edge switching and mobile backhaul aggregation solutions combine to offer a fully integrated range of carrier class, MEF certified Ethernet solutions. The acquisition will add ANDA's installed base of over 30,000 system platforms at Tier 1 carriers' networks in the US and Canada to Telco Systems' $2B worldwide installed base of service providers, mobile operators and cable MSOs.
“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,” said 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,” said Charles R. Kenmore, ANDA Networks president and CEO. “We believe that Telco Systems is the best choice for the short and long term for our stakeholders, customers, and people.”
About Telco Systems
Telco Systems is committed to providing network edge solutions which enable service providers to migrate their services from a circuit-based network to a more cost effective packet network. These solutions support voice, video and data traffic over the Ethernet edge network to create a high degree of reliability, service assurance and guaranteed service quality for both business and residential customers. By implementing intelligence in these edge network solutions, Telco Systems enables carriers to differentiate their services, transform the user experience and lower their overall operating expense.
Telco Systems is a wholly owned subsidiary of BATM Advanced Communications (London stock exchange ticker symbol: BVC). For more information, please visit Telco Systems' web site at http://www.telco.com.
About ANDA Networks
ANDA Networks, Inc., headquartered in Sunnyvale, CA, provides Carrier Class Ethernet and wireless backhaul platforms delivering cost-effective Metro Ethernet services over fiber, copper and wireless access networks worldwide. With over 30,000 platforms deployed on tier-one carriers' networks globally, ANDA's Metro Ethernet Forum (MEF 9 and 14) certified products allow carriers to solve scalable bandwidth and real time performance limits to facilitate migration of circuit to IP based packet wireline and wireless backhaul network services. The ANDA EtherTone® family of products enable carriers to deliver cost effective 3G, WiMAX, 4G backhaul services, Ethernet private lines, managed VPN, converged VoIP, and circuit-to-packet managed SLA services by leveraging highly economical Ethernet technology. For more information, please visit http://www.andanetworks.com.
Raylene Kadrmas, Telco Systems
Matthew McCarthy, PAN Communications
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