EXFO Sells Adaptive Service Assurance Division to Teleo Capital

Establishing NumoData opens a new chapter in AI-driven service assurance innovation.

QUEBEC CITY, November 3, 2025 — EXFO, the communications industry’s test, measurement, and monitoring experts, today announced the sale of its Adaptive Service Assurance (ASA) division to Teleo Capital, a U.S. investment firm focused on enterprise software and technology-enabled businesses. Teleo Capital has created a new company, NumoData, to accelerate service assurance innovation and bring advanced analytics solutions to market.

“EXFO’s adaptive service assurance solutions have helped network operators globally automate, analyze, and optimize their operations, and NumoData will now continue to innovate,” said Philippe Morin, CEO of EXFO. “This transaction allows EXFO to deepen its focus on test and measurement innovations powering the AI-driven expansion of fiber networks globally.”  

Employees and leadership of EXFO’s ASA division are transitioning to NumoData. EXFO retains a minority stake in the new company, and Philippe Morin will join NumoData’s board of directors to support a smooth transition and ongoing collaboration.

 

About EXFO

EXFO develops smarter test, measurement, and monitoring solutions for the global communications industry. We are trusted advisers to network operators, hyperscalers and leaders in the manufacturing, development and research sector. They count on us to deliver superior visibility and insights into network performance, service reliability and user experience. Building on 40 years of innovation, EXFO’s unique blend of equipment, software and services enable faster, more confident transformations related to 5G, cloud-native and fiber optic networks.

For information: 
Shelley Grandy for EXFO 
Email: shelley.grandy@exfo.com