EXFO announced today it has acquired the assets of ByteSphere LLC, a privately held software company in the Boston area that specializes in global IT management and network monitoring solutions.
QUEBEC CITY, CANADA, April 1, 2014 — EXFO Inc. (NASDAQ: EXFO, TSX: EXF) announced today it has acquired the assets of ByteSphere LLC, a privately held software company in the Boston area that specializes in global IT management and network monitoring solutions.
This transaction extends EXFO’s capabilities in network performance management for infrastructure monitoring through highly scalable device and network element polling. ByteSphere’s solutions feature advanced patented techniques for infrastructure performance management, including network element polling and fault management. ByteSphere’s products and tools are used by some of the world’s largest tier-1 network operators and Fortune Global 500 companies.
EXFO has acquired all the assets and intellectual property rights of ByteSphere as a complement to its BrixWorx line of service assurance solutions, creating a powerful combination of network and service performance monitoring for mobile and fixed telecommunications. The combination of these capabilities provides unprecedented, real-time correlation between network element performance metrics and probe-based service performance metrics, positioning EXFO to drive the value of this raw data into correlated and actionable events for customers through advanced analytics and visualization.
Terms of the transaction were not disclosed.
“EXFO is thrilled with the acquisition of ByteSphere’s assets as it is very synergistic with our total solutions offering in service assurance and network performance management, especially in critical areas like small cells, wireless backhaul and metro Ethernet,” said Germain Lamonde, EXFO’s Chairman, President and CEO. “ByteSphere’s leading-edge technology adds expanded network visibility to EXFO’s highly acclaimed active IP/Ethernet service assurance solutions, which will allow customers to dramatically streamline network operations and improve overall network quality.”
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading providers of next-generation test and service assurance solutions for wireline and wireless network operators and equipment manufacturers in the global telecommunications industry. The company offers innovative solutions for the development, installation, management and maintenance of converged, IP fixed and mobile networks—from the core to the edge. Key technologies supported include 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, xDSL and various optical technologies accounting for more than 35% of the portable fiber-optic test market. EXFO has a staff of approximately 1600 people in 25 countries, supporting more than 2000 customers worldwide. For more information, visit www.EXFO.com and follow us on the EXFO Blog, Twitter, LinkedIn, Facebook, Google+ and YouTube.
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