Telecom Lead America: GENBAND, a developer of IP
infrastructure and application solutions, has acquired Aztek Networks, a
supplier of switch consolidation and network migration solutions.
The acquisition strengthens GENBAND’s family of Network
Transformation solutions.
The line access technology acquired from Aztek further
enhances GENBAND’s Network Transformation offering by enabling operators to
eliminate legacy TDM sites, consolidate and modernize their core network and
realize significant savings in capital and operating expenses.
GENBAND’s global scale and professional services
capabilities along with its comprehensive and complementary IP switching,
applications and networking solutions, uniquely position the company well for
the future of the industry,” said Steven M. Bruny, CEO of Aztek Networks.
By acquiring Aztek Networks, GENBAND gains the Aztek
5000-series, which will be supported and marketed under the GENBAND G5 platform
brand.
The G5 Line Access Gateway, formerly the Aztek
5000LF, plays an important role in GENBAND’s Network Transformation offering,
providing a cost-effective solution for service providers looking to replace
legacy line access equipment as they modernize their TDM core networks to IP.
The Aztek acquisition strategically enhances our network
transformation capabilities with both innovative technology and talent,” said
Charlie Vogt, President and Chief Executive Officer of GENBAND.
Aztek Networks is privately held and backed by a number
of notable VC investors, including Verizon Investments LLC as arranged by
Verizon Ventures.
GENBAND’s ability to meet our network transformation
needs is strengthened through the integration of Aztek’s technology,” said Stu
Elby, vice president of Network Architecture and Technology, Verizon.
Recently, GENBAND
introduced GENBAND GENiUS IMS, a flexible and simplified network transformation
solution that provides best-in-class elements for both integrated and
distributed IMS environments.
editor@telecomlead.com
