Wednesday, August 10, 2005

Anritsu to Acquire NetTest A/S

Anritsu, the largest Japanese provider of communication solutions, agreed to acquire NetTest, a provider of network monitoring systems and field use communications test products, from Axcel, its parent company. Financial terms are not disclosed.

NetTest is headquartered in Copenhagen, Denmark and has 480 employees. Other primary locations for R&D facilities are in the U.S., France and Italy. For the year ended December 31, 2004, NetTest had revenues of approximately US$94 million with sales in over 70 countries.

NetTest's products address IP Next Generation Networks and their convergence, including UMTS/3G mobile and VoIP. The company also provides high-level field solutions that address the broadband access network.

Anritsu's president, Hiromichi Toda, stated "the acquisition of NetTest will accelerate Anritsu's vision to be a global market leader in test and measurement."

NetTest has been owned by Axcel II and management since December 2002. Since the acquisition by Axcel and management, NetTest has repositioned itself from an all optical strategy to a network performance strategy.

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