ADVA Optical Networking SE agreed to acquire Oscilloquartz SA from Swatch Group. Financial terms were not disclosed.
ADVA said the Oscilloquartz product portfolio complements its own Syncjack offering and enables the company to deliver a complete end-to-end solution and smooth migration for frequency and time synchronization to network operators, a large number of enterprise verticals and governmental institutions.
“Synchronization technology is a critical element to the development of our networks; a critical element to the development of our business,” said Brian Protiva, CEO and co-founder, ADVA Optical Networking. “That's why our acquisition of Oscilloquartz is so important. The technology and intelligence we're buying here completes our synchronization delivery and assurance portfolio, it completes our Syncjack solution."