More OSS M&A: Finland's Comptel buys Axiom

Finland-based OSS company Comptel Corp is acquiring U.K.-based OSS firm Axiom Systems for $13.8 million. The deal provides more evidence that OSS market consolidation is ongoing, as it comes just a few days after another OSS-themed acquisition, the purchase of Atreus Systems by Sonus Networks.

Comptel is primarily a wireless OSS vendor, and acquiring Axiom will give it a solid base of products for wireline IP networks, as well as major wireline customers, such as BT.

For more:
- check out this coverage at Light Reading Europe

Suggested Articles

Advantech announced on Tuesday that it made a new addition to its portfolio of appliances qualified by Versa Networks.

Through a new partnership, Wind River is working with Dell EMC on virtual RAN (vRAN) infrastructure use cases for 5G networks.

Google Cloud buys CloudSimple, which is a startup startup focused on enabling VMware customers move to their workloads to the public cloud.