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Trapeze Acquires Newbury Networks for WLAN Asset Tracking
Trapeze Networks, which supplies wireless network equipment and management systems, has acquired Newbury Networks, a leader in WLAN location systems. Financial terms were not disclosed.
Newbury, backed by Idealab of Pasadena, California, enables enterprises to locate, manage and secure mobile assets over WLANs. For example, healthcare organizations use Newbury's asset tracking and management application, Active Asset to improve clinical efficiencies and patient care through real-time tracking and management of expensive, critical care equipment. Inventory managers in supply chain settings also use these systems to track the location of valuable assets in the warehouse. In addition, Newbury's security applications provide an added layer of authentication capabilities to limit network access privileges and protect mission-critical data and corporate assets from outside intruders. Trapeze has been an OEM partner of Newbury since 2006. The entire sixteen employees of the Newbury Networks team will remain at the company and will continue to support its current OEM and channel partners from its headquarters in Boston.
http://www.trapezenetworks.com/
15-Dec-08
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