Product category:
Stand-Alone Instruments
News Release from: Exfo Electro-Optical Engineering
Edited by the Electronicstalk Editorial
Team on 17 September 2002
Acquisition expands comms test portfolio
EXFO Electro-Optical Engineering has signed an agreement to purchase substantially all the assets of Gnubi Communications, including its technology, expertise, customer base and inventories.
EXFO Electro-Optical Engineering has signed an agreement to purchase substantially all the assets of Gnubi Communications, including its technology, expertise, customer base and inventories, in a stock-and-cash deal that ranges between US $4.3 million and US $7.2 million Consideration paid consists of US $2.5 million in EXFO stock, US $1.8 million in cash and a cash earn-out based upon sales volume
This article was originally published on Electronicstalk on 14 Dec 2007 at 8.00am (UK)
Related stories
Network tester runs up to 43Gbit/s
Module provides advanced Sonet/SDH and OTN test functions in a single module to address the demands of commissioning and troubleshooting 43Gbit/s networks.
Metro network analyser stretches up to 120km
Chromatic dispersion can be characterised with high accuracy from a single fibre end and testing polarisation mode dispersion from a single end is also possible.
The deal is expected to be neutral on a pro forma earnings per share basis in fiscal 2003.
Gnubi, a privately held company in Dallas, Texas, is a leading supplier of multichannel telecomms and datacomms testing solutions with an established customer base of Tier 1 optical transport equipment manufacturers and R and D labs.
The company's flexible product line enables cost-effective bit error rate testing (BERT) of Sonet/SDH and Gigabit Ethernet optical systems reaching data transmission rates of 10Gbit/s.
Further reading
ADSL2+ test set assesses service quality
Exfo Electro-Optical Engineering's AXS-200/620 ADSL2+ triple-play test set provides a combination of DSL and Ethernet features which allow for testing in any residential triple-play environment.
Ethernet test system eases setup
The AXS-200/850 Ethernet test module boasts simple pass/fail displays and one-touch function buttons to address the real-life challenges experienced by field technicians.
The Gnubi solution, which is scalable for current and next-generation optical systems, can simultaneously test multiple communication ports in lambda routers, optical switches, crossconnects and DWDM systems (DS1 to OC-192, E1 to STM-64, GigE) on a single platform.
Gnubi's multichannel test solution for optical transport equipment manufacturers fully complements EXFO's protocol-layer testing product portfolio which focuses on the network service provider market.
"By significantly expanding our coverage of the protocol-layer test market, this acquisition strengthens EXFO's overall position as a global supplier of fibre-optic test, measurement, monitoring and automation solutions", said Germain Lamonde, Chairman, President and CEO of EXFO.
"The Gnubi acquisition will allow us to leverage our sales channels and technology in protocol, optical and physical-layer testing in order to offer new solutions to telecomms and datacomms system manufacturers".
"EXFO and Gnubi share a strong history of innovation", said Jim Stevens, President and CEO of Gnubi.
"Our leading-edge test solutions combined with their existing product offering and worldwide sales channels should help EXFO expand existing customer relationships and create new ones in the optical transport equipment manufacturing and R and D markets".
EXFO plans to retain Gnubi's strong management and technology team which includes approximately 30 employees.
The Gnubi acquisition has been approved by the boards of directors of both companies, but it is subject to regulatory approval and other customary closing conditions.
The deal is expected to close by the end of the first quarter of fiscal 2003.
Lamonde also reiterated EXFO's earnings and sales guidance for the fourth quarter of fiscal 2002.
EXFO plans to release its fourth-quarter and end-of year financial results for fiscal 2002 following the close of markets on 25th September 2002.
• Exfo Electro-Optical Engineering: contact details and other news
• Email this article to a colleague
• Register for the free Electronicstalk email newsletter
• Electronicstalk Home Page
Search the Pro-Talk network of sites
