Sonus Networks confirms Zynetix purchase
Sonus Networks has said it has acquired GSm softswitch vendor Zynetix. Sonus will pay around $13 million for Zynetix. The acquisition is expected to close by the second week of April 2007.
Zynetix works with femto and pico cellular players like ip.access to extend softswitch IP functionality to the edge of the network, instead of merely in the IP core.
Sonus, which has worked with Zynetix as a partner previously, hopes the acquisition will allow it to position itself as an end to end provider of IMS based services, especially VoIP.
Hassan Ahmed, chairman and CEO, Sonus Networks, said, “By integrating Zynetix’s solutions into Sonus’ proven wireless portfolio, Sonus will accelerate the industry’s migration to IP-Voice communications. Zynetix provides Sonus with a new and unique technology solution to expand its presence in the high-growth wireless market.”
Andy Odgers, managing director of Zynetix, will join Sonus as Vice President of Wireless Technology.
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