Who is Xtera and Why is it Buying Metro Optical Vendor Meriton?

Following the acquisition, Xtera renamed the professional services group Traxe Global Services, which is now a subsidiary of Xtera based on Allen, Texas. Xtera then loosened its pursue strings to grab AscenVision, a Taiwan-based provider of IP enterprise networking and WAN traffic management solutions. And now comes the Meriton deal, Xtera’s largest acquisition to date, said Davison.

With Meriton, added Davison, Xtera will be able to offer its customers like Flag, an international carrier’s carrier, end-to-end solutions.

Xtera’s interest in expanding its position in the optical space is not surprising given sales of optical network hardware are up for the forth consecutive year, nearing $13.9 billion worldwide in 2007, according to Infonetics Research.

“2007 marks the highest revenue year for the optical network hardware market since 2001. Increases in all kinds of consumer and business voice, video, data, and mobile traffic continue to drive service providers to launch IP transformation projects and invest in optical networking gear. The burgeoning packet optical transport systems market, driven by these IP transformation projects, is already close to a one billion dollar annual market in 2007,” said Michael Howard, principal analyst at Infonetics Research.

Share this article: Email, Slashdot, Digg, Del.icio.us, Yahoo!MyWeb, Windows Live Favorites, Furl
Add this article feed to: RSS, My Yahoo, Newsgator, Bloglines