Xtera Communications Buys Meriton Networks
04/07/2008
Xtera Communications said Monday it has acquired Meriton Networks. Terms of the deal were not disclosed. With the addition of Meriton’s Metro Optical Networking portfolio, which addresses both the packet optical edge/metro and metro/regional ROADM market, Xtera said it offers network operators a partner for optical networking platforms. The acquisition of the Ottawa, Ontario-based company provides the benefits of a carrier class metro transport portfolio that delivers both cross-connect and ROADM switching, together with sub-wavelength grooming capabilities; proven R&D expertise in packet optical networking/carrier Ethernet transport and ROADM technology; and a global Tier 1 and Tier 2 service provider customer base, Xtera said. “As with our previous acquisitions, Meriton brings advanced technologies, additional customers, and geographical diversity, along with improved economies of scale, across our business,” said Xtera CEO Jon Hopper. “With this acquisition, Xtera Communications has moved significantly closer toward our goal of being a leading provider of converged Ethernet/IP and Optical Transport solutions.” Texas-based Xtera Communications is privately held; it supplies optical, IP performance and service solutions to terrestrial and sub-sea global service providers.
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