ADVA Optical Networking (XETRA: ADV.DE) is enhancing its network synchronization power by reaching a deal to acquire Oscilloquartz SA, a Neuchatel, Switzerland-based network synchronization vendor, from Swatch Group.
For ADVA, the immediate benefits of the acquisition are scale from both a product and customer perspective.
Oscilloquartz has established relationships with hundreds of customers served by more than 80 distributors worldwide. Its product portfolio also will complement ADVA's Syncjack offering and enables the company to deliver a complete end-to-end solution and smooth migration for frequency and time synchronization to three customer segments: service providers, large enterprise verticals and governmental agencies.
One area where ADVA is finding new network synchronization opportunities is the wireless backhaul segment. The vendor's new AnyCell Connectivity solution, for example, combines three key elements--carrier Ethernet backhaul, time and phase synchronization and managed optical front haul using WDM technology.
After meeting customary closing conditions, the two companies expect the deal to close in early April.
Financial details of the deal were not disclosed.
For more:
- see the release
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