Tuesday, March 11, 2014

ADVA Optical Networking Acquires Oscilloquartz SA

ADVA Optical Networking SE agreed to acquire Oscilloquartz SA from Swatch Group. Financial terms were not disclosed.

Oscilloquartz specializes in network synchronization solutions, including high-quality quartz crystal oscillators.  The company, which was founded in 1949, offers technology for timing sources and timing distribution for legacy and next-generation packet networks. During its long history, Oscilloquartz has developed long-term relationships with hundreds of customers served by more than 80 distributors around the globe. The company is based in Neuchatel, Switzerland - the heart of Europe's traditional watchmaking region.

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."

http://www.advaoptical.com

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