Wednesday, November 28, 2007

Xtera Acquires Azea Networks, Extending its Subsea Optical Portfolio

Xtera Communications has acquired Azea Networks, a privately held company based in the UK and focused on delivering substantial capacity gains to existing undersea repeatered links, for an undisclosed sum.

Xtera said the acquisition extends its subsea product portfolio from the unrepeatered market to include repeatered subsea applications. Xtera's unrepeatered product line provides extended reach for new deployments and enables existing unrepeatered links to be upgraded to significantly higher capacities.

Azea's product line provides similar benefit to repeatered upgrades and initial deployments. By upgrading their existing repeatered assets with these solutions, service providers are able to achieve the capacity of a new system at a fraction of the cost of a new deployment.

  • Azea Networks was founded in 2001. Its leadership team includes Scott White (previously a co-founder of Atmosphere Networks), Mike Hynes (previously General Manager of the international optical division at Nortel Networks and President and General Manager of Nortel's global submarine business initiative), and Stuart Barnes (previously Technical Director of STC Submarine Systems, a co-founder of core optical switching equipment provider Ilotron, as well as Alcatel, Nortel and ITT).

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