|[April 23, 2007]
Genband Completes Acquisition of Tekelec's Switching Solutions Group
PLANO, Texas --(Business Wire)-- GENBAND(TM) Inc., a leading developer of next-generation infrastructure and multimedia application solutions for fixed, cable, and mobile service providers, today announced it has completed the acquisition of Tekelec's Switching Solutions Group.
With the acquisition complete, GENBAND now possesses an enviable portfolio of high-performance media gateways and multimedia applications. This portfolio of GENBAND solutions are deployed by some of the world's leading service providers including AT&T, Verizon, Cablevision, Charter, Videotron, Frontier, TDS, Windstream, Embarq, CenturyTel, T-Mobile, China Mobile, Softbank Broadband, Axtel, Primus, and Telepacific. GENBAND is headquartered in Plano, Texas with research and development facilities in Texas, China and India.
"We are very pleased to have this acquisition completed and look forward to taking GENBAND to its next stage in corporate development," said Charles D. Vogt, president and CEO of GENBAND. "As a private telecom company, GENBAND is now in a very unique position with a broad product portfolio serving a rapidly growing customer base that already exceeds 500. Integration is well underway and we are confident that existing and prospective customers will greatly benefit from our expanded product portfolio and enhanced research, development and support services."
GENBAND is a leading supplier of next generation infrastructure and multimedia application platforms for a diverse set of service providers worldwide. These high-performance gateway and multimedia application platforms enable fixed, cable, and mobile service providers to rapidly deploy new multimedia services, while providing a foundation to transition legacy networks to next generation networks. Headquartered in Plano, Texas, GENBAND has research and development facilities in Texas, China, and India. Additional information is available at www.genband.com.
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