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Wireless Federation » Nokia Siemens Networks to acquire Ethernet specialist Atrica

 Nokia Siemens Networks to acquire Ethernet specialist Atrica

  • October 26th, 2007
  • 2:18 pm

Nokia Siemens Networks has launched an acquisition bid for US-based global Carrier Ethernet equipment manufacturer Atrica, continuing its investments in the development of solutions and products for data-optimized networks. No financial details were disclosed The acquisition will allow Nokia Siemens Networks to offer end-to-end Carrier Ethernet The 180 Carrier Ethernet specialists at Atrica will continue their work as part of Nokia Siemens Networks. Atrica’s main strengths are an end-to-end Ethernet solution know-how with a portfolio including Ethernet, CPE and EGDE products as well as an associated services provisioning platform. Atrica is the first company to be acquired by Nokia Siemens Networks and is headquartered in Santa Clara, California (US) and with a development center in Tel Aviv (Israel). The acquisition is expected to take place before 1 January 2008 and is subject to customary regulatory approvals, the completion of standard closing conditions, and the agreement of a number of detailed implementation steps.

   


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