Alcatel-Lucent announces an agreement to acquire Tropic Networks

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April 6th, 2007 Leave a comment Visited 18 times, 1 so far today

Alcatel-Lucent announces an agreement to acquire Tropic Networks

Alcatel-Lucent (Euronext Paris and NYSE: ALU) signed an agreement to acquire substantially all the assets, including all intellectual property of Canadian metro WDM networking supplier Tropic Networks, Inc. This transaction builds upon the collaboration the two companies established in July 2004 with the Alcatel-Lucent investment and global supply agreement.

Bandwidth-hungry services for consumers – including gaming, IPTV and video-on-demand – as well as advanced data services like mission-critical business applications are leading operators to increase the flexibility and ease of use of their optical networks. This new service growth also requires automated monitoring processes to maximize network simplicity for the highest efficiency in service delivery.

Through this acquisition, Alcatel-Lucent takes a new, strategic step in focusing on cable MSO and telecom operators’ key requirements for simplified network planning, accelerated wavelength/service provisioning and advanced optical monitoring technology that eases overall maintenance activities across their optical infrastructure.

The further integration of key intellectual property developed by Tropic Networks, namely the Wavelength Tracker, enhances the competitiveness of Alcatel-Lucent’s optical product portfolio and gives operators the benefit of cost-effectively upgrading their networks according to the latest innovations in optical transmission. In combination with Alcatel-Lucent’s ROADM technology, the advanced optical layer management technology developed by Tropic Networks delivers the flexibility and security to maximize network efficiency and operational cost savings.

Read the complete Press Release





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