Comtech acquire Verso
Comtech Telecommunications Corporation acquires Verso Technologies' Network Backhaul Assets and Product Lines.
Comtech EF Data Corp., acquired the network backhaul assets and the NetPerformer and AccessGate (previously NMS) product lines of Verso Technologies. The acquired assets and product lines cater to enterprises and mobile carriers, and will be merged with Comtech EF Data's subsidiary, Memotec, Inc.
Memotec, Inc., a subsidiary of Comtech EF Data, is an innovative supplier of optimization solutions for cellular backhaul networks. Its flagship product, the CX Series, enables enterprises, GSM, CDMA and 3G operators to dramatically reduce network operating expenses by cutting transmission costs and extending the service capabilities for evolving networks.
Memotec's solutions are proven globally with equipment deployed in over 1,000 operational cellular sites throughout Latin America, the Middle East, Africa and Asia.
The NetPerformer products combine the functionality of a voice gateway and data routers, enabling enterprises to create digitally converged networks.
NetPerformer's voice and data compression over a single wide area network enable users to bypass the PSTN on calls between locations, eliminating toll costs.
AccessGate is a family of radio access network (RAN) optimization systems that reduce operating costs and enable the rapid expansion and migration of mobile wireless networks. AccessGate employs a unique, patented set of aggregation and bandwidth optimization techniques that enable operators to maximize network utilization, resulting in a significant reduction in recurring leased line, microwave and VSAT satellite backhaul expenses.