Showing posts with label Ekinops. Show all posts
Showing posts with label Ekinops. Show all posts

Monday, September 14, 2020

EKINOPS appoints Munière as CTO

 EKINOPS announced the appointment of Vincent Munière as its new Chief Technology Officer and Vice President of Research and Development.

Munière previously served at SFR (Altice Group), where he was most recently SVP, Network & OSS (Operations Support System) Engineering, managing a team of about 900 people and leading the network and IT OSS engineering activities. Prior to SFR, he spent 8 years developing solutions for carriers at Alcatel / Alcatel-Lucent in France, both in R&D and Pre-Sales organizations, and 3 years at ICO Global Communications in the UK. His dual background, strong customer focus and ability to understand the transport, switching and routing layers and challenges will be a great asset to deliver the innovative solutions service providers are looking for.

"We are very fortunate to have attracted such a talented executive and Vincent's experience will be invaluable to Ekinops. He knows how to deliver major technical innovations, define a strong technology vision and lead large teams through transformation programs to deliver on that vision. He comes in at a perfect time as we are migrating toward virtualization, 5G and edge computing which are areas he masters. His joining is a significant step toward continued growth and achievement of our strategic objectives," added Didier Brédy, CEO, Ekinops.



Tuesday, June 2, 2020

EKINOPS cites 10G win with European Tier 1 operator

EKINOPS confirmed its first major 10Gbps access win in Europe with a seven-figure contract.

The project, delivered by a European Tier 1 service provider, relies on EKINOPS 10G routers to build an entire communication infrastructure for a major national security agency. The EKINOPS solutions, installed in various data centers across the country, will manage keys and security policies according to high availability mechanisms while offering protection against attacks.

“This project demonstrates that our solutions can successfully answer the demanding challenges of major national government agencies,” said Philippe Moulin, Chief Operating Officer of Access Products and Services at Ekinops. “The key here is our capacity to deliver a high-throughput, completely integrated multi-function access solution. We are proud to have gained the level of trust required by the service provider and the end-user for this very high-profile project.”

In combination with EKINOPS 10G routers and VPN gateways, EKINOPS will supply its customer with a selection of existing solutions designed for small and medium size enterprise branches, all running on the same middleware: OneOS6. Ekinops’ portfolio of software products, running on OneOS6, combines routing, firewall, high-end VPN functionalities, SD-WAN, SBC, WAN Optimization, together with other VNFs, that can be enabled when needed. This comprehensive offering enables customers to replace managing multiple vendors’ operating systems with a single harmonized management solution, realizing cost-savings and simplifying management of resources.

“The 10Gb/s access market is a segment with few actors and a high price tag. We have identified this segment as an opportunity for EKINOPS to gain market share with Tier 1 service providers as it requires transport and access know-how. Our offering is differentiated with a high performance-over-price ratio which explains why our new 10G routers and Ethernet Access Devices (EAD) are already a success with significant volumes shipped,” added Didier Brédy, CEO, Ekinops.

Ekinops confirms major OTN switch customer

EKINOPS announced its first OTN switch customer, finalizing a deal with a major provider of telecommunication and digital solutions in EMEA. The customer was not disclosed.

Specifically, the EKINOPS Transport Switch (ETS) is being used to upgrade an existing optical transport network from 10G to 100G using a two-phase approach by first optimizing and simplifying the operations of existing 10G services before migrating the network to 100G. EKINOPS said its customer’s existing fiber optic network is used to transport sub-1Gbps to 10Gbps services between Europe and Asia primarily connecting global financial centers.  Extending from the Chinese border to Russia and Europe and using diverse routes across its service territory, the network provides highly reliable and resilient connectivity between the two continents.  High demand across this network has made the providers current operational model, largely dependent on manual reconfiguration of circuits and fiber connections, obsolete and has resulted in large amounts of stranded capacity. During the first phase of the project, the service provider will create a mesh architecture that will interconnect all of its 10G interfaces to support traffic without any physical change in the core network.  Phase two will entail deploying the 100G interfaces already available on the same line cards giving the service provider the control to upgrade on an as-needed basis and avoid having to make a full capital commitment upfront.

Thursday, May 21, 2020

EKINOPS secures additional financing

EKINOPS has secured a new €12 million credit facility from its bank partners. Ninety percent of the loan is guaranteed by the French state under the PGE state-guaranteed loan scheme.

In addition, EKINOP's U.S. subsidiary also secured financing under the Paycheck Protection Program (PPP) offered to SMEs by the Small Business Administration.

Wednesday, May 13, 2020

Ekinops confirms major OTN switch customer

EKINOPS announced its first OTN switch customer, finalizing a deal with a major provider of telecommunication and digital solutions in EMEA. The customer was not disclosed.

Specifically, the EKINOPS Transport Switch (ETS) is being used to upgrade an existing optical transport network from 10G to 100G using a two-phase approach by first optimizing and simplifying the operations of existing 10G services before migrating the network to 100G. EKINOPS said its customer’s existing fiber optic network is used to transport sub-1Gbps to 10Gbps services between Europe and Asia primarily connecting global financial centers.  Extending from the Chinese border to Russia and Europe and using diverse routes across its service territory, the network provides highly reliable and resilient connectivity between the two continents.  High demand across this network has made the providers current operational model, largely dependent on manual reconfiguration of circuits and fiber connections, obsolete and has resulted in large amounts of stranded capacity. During the first phase of the project, the service provider will create a mesh architecture that will interconnect all of its 10G interfaces to support traffic without any physical change in the core network.  Phase two will entail deploying the 100G interfaces already available on the same line cards giving the service provider the control to upgrade on an as-needed basis and avoid having to make a full capital commitment upfront.

“This is a significant win and represents a major milestone in the evolution of EKINOPS as a company,” said Francois Xavier Ollivier, Ekinops’ co-founder and Chief Operating Officer for optical transport. “It demonstrates our ability to bring new technologies to market quickly as well as the value we add for our customers through acquisitions.”

https://www.ekinops.com/products/ekinops360-portfolio/otn-line-of-products/ets-chassis-products

Ekinops acquires OTN tech fom Padtec

Ekinops agreed to acquire an OTN switching platform developed by Padtec, an optical communications system manufacturer based in Brazil, for €10 million in cash. The deal brings an experienced R&D team comprised of 25 engineers based in Campinas, near Sao Paulo (Brazil). Brazilian operations will be overseen by Jean-Luc Pamart, co-founder of Ekinops and VP of R&D for optical transport.

With this acquisition, Ekinops expects to be able to offer a complete OTN/DWDM solution for optical networks from early 2020, enabling flexible data traffic and support for the evolution of data speeds and protocols transmitted over 200-400G modulated optical wavelengths, eventually reaching 1 Tbps.

Ekinops plans to carry out a capital increase by private placement over the coming weeks, for an amount capped at 10% of the capital stock.

Padtec CEO Manuel Andrade said:

"The acquisition of the OTN-Switch Platform by a globally recognized company such as Ekinops is a validation of the capability of Padtec's engineers to develop state-of-the-art technologies deployable worldwide. Additionally, we are happy to enter into commercial agreements with Ekinops that will enable Padtec to offer the OTN-Switch on an OEM basis to our customer base in Latin America. This is a clear win-win agreement for both companies."

Didier Brédy, Chairman & CEO of Ekinops, made the following comments:

"The OTN technology developed by Padtec is particularly innovative and will enable Ekinops to take a major technological and commercial leap forward in order to advance its position with leading telecom operators. The agreements with Padtec, the leading Latin American manufacturer and supplier of optical networking equipment, will also allow Padtec to source the OTN products it needs from Ekinops. This major strategic acquisition means that Ekinops can target to triple its sales of optical transport products within 5 years."

http://www.padtec.com.br/en/
https://www.ekinops.com/

Tuesday, February 18, 2020

Orange Business picks Ekinops and Dell for uCPE

Orange Business Services has chosen Ekinops and Dell Technologies as partners for a new universal customer premise equipment (uCPE) solution.

The uCPE solution, which is a result of co-innovation between companies, combines Enterprise Branch Server IT and Virtualization Management. It uses hardware provided by Dell Technologies OEM | Embedded & Edge Solutions running middleware built by Ekinops. It will allow enterprises to consolidate their site connectivity and functionality with virtual network functions (VNF) management.

Enterprises can install VNFs remotely to a uCPE deployed at any site. A single box can run multiple network functions, such as routers, SD-WAN, firewalls and WAN optimization, allowing customers to provision new sites and services much more quickly. The Ekinops VNF certification program currently has certified over 30 third-party VNFs.

“Our global enterprise customers require increased flexibility in terms of connectivity solutions and infrastructure optimization. This uCPE solution developed with Ekinops and Dell Technologies will give enterprises further choice in terms of deployment and reinforces our ecosystem-based approach. We believe that flexible solutions such as these are essential for customers looking to run an increasing number of services at the Edge,” said Anne-Marie Thiollet, Vice President, Connectivity Business Unit, Orange Business Services.

“The combination of our middleware and VNFs with the powerful uCPEs and global presence of Dell will ensure the best possible quality, performance and support for Orange enterprise customers. We are committed to help service providers adopt software-defined networking, and our growing line of software products has proven to be at the cutting edge, as this announcement attests,” said Didier Brédy, Ekinops CEO.

“Our uCPE range offers an ideal solution for service providers who are looking to modernize operations for connecting branch locations to the WAN, reduce complexity and foster business impact,” said Sanjay Tyagi, Vice President and General Manager, EMEA OEM | Embedded & Edge Solutions, Dell Technologies.

http://www.orange-business.com

Wednesday, May 29, 2019

Ekinops acquires OTN tech fom Padtec

Ekinops agreed to acquire an OTN switching platform developed by Padtec, an optical communications system manufacturer based in Brazil, for €10 million in cash. The deal brings an experienced R&D team comprised of 25 engineers based in Campinas, near Sao Paulo (Brazil). Brazilian operations will be overseen by Jean-Luc Pamart, co-founder of Ekinops and VP of R&D for optical transport.

With this acquisition, Ekinops expects to be able to offer a complete OTN/DWDM solution for optical networks from early 2020, enabling flexible data traffic and support for the evolution of data speeds and protocols transmitted over 200-400G modulated optical wavelengths, eventually reaching 1 Tbps.

Ekinops plans to carry out a capital increase by private placement over the coming weeks, for an amount capped at 10% of the capital stock.

Padtec CEO Manuel Andrade said:

"The acquisition of the OTN-Switch Platform by a globally recognized company such as Ekinops is a validation of the capability of Padtec's engineers to develop state-of-the-art technologies deployable worldwide. Additionally, we are happy to enter into commercial agreements with Ekinops that will enable Padtec to offer the OTN-Switch on an OEM basis to our customer base in Latin America. This is a clear win-win agreement for both companies."

Didier Brédy, Chairman & CEO of Ekinops, made the following comments:

"The OTN technology developed by Padtec is particularly innovative and will enable Ekinops to take a major technological and commercial leap forward in order to advance its position with leading telecom operators. The agreements with Padtec, the leading Latin American manufacturer and supplier of optical networking equipment, will also allow Padtec to source the OTN products it needs from Ekinops. This major strategic acquisition means that Ekinops can target to triple its sales of optical transport products within 5 years."

http://www.padtec.com.br/en/
https://www.ekinops.com/

Saturday, April 13, 2019

Ekinops: Talks over Alcatel Submarine Networks discontinued

EKINOPS confirmed that discussions with Nokia regarding its possible acquisition of Alcatel Submarine Networks (ASN) did not reach an agreement. The discussion have now been discontinued.

Ekinops, which is based in France, supplies optical transport solutions for metro, regional, and long-haul applications. The company also supplies physical and virtualized deployment options for layer 2 and layer 3 network functions under its OneAccess brand.

Thursday, January 31, 2019

Ekinops announces 600G FlexRate module

Ekinops introduced its new PM 400FRS04-SF flexible rate line module. This new module triples the capacity of the company's 200G FlexRate solutions.

The new module supports coherent line interfaces from 100 Gbps to 600 Gbps.

Ekinops said its new module provides six QSFP28 client ports aggregated to a software selectable line port that automatically configures the modulation format and baud rate to create the optimal transport link. By selecting the bit rate and distance, the PM 400FRS04-SF automatically tunes its performance based on the settings so it can support any application from very short reach, very high capacity data center interconnect to long haul and even submarine transport. It can be installed in any Ekinops 360 chassis allowing customers to upgrade their networks without having to replace their existing equipment. 

The PM 400FRS04-SF also offers support for single fiber transport. Bi-directional operation over a single fiber strand significantly reduces operational expense by allowing service providers to cut their fiber costs in half.

"The release of our PM 400FRS04-SF just fifteen months after we released our 200G FlexRate solutions is a proud moment for Ekinops," said François Xavier Ollivier, Chief Operating Officer at Ekinops. "Tripling the line rate and adding functionality to our FlexRate solutions while also eliminating operational complexity is quite an achievement in that kind of timeframe. The market is advancing faster than ever and it is important Ekinops continue to provide the solutions our customers demand."

The module will be commercially available in the first quarter of 2019.

https://www.ekinops.com/


Friday, November 30, 2018

Ekinops opens North America HW in Rockville, Maryland

EKINOPS, which supplies optical transport equipment and router solutions for service providers and telecom operators, opened a new new North America headquarters in Rockville, Maryland.

The company said its new facility will support all main business functions and house a lab, a 7/24 hour support function, equipment spares depot, a training facility and provide additional administrative office space.

“Ekinops’ new US headquarters in Rockville will enable us to take our success in North America to the next level,” comments EKINOPS Chief Executive Officer Didier Brédy. “The market opportunity created by combining our optical and network access capabilities is significant, so it makes sense to bring our specialists together in a new facility. We have a lot of confidence in the value that our solutions continue to deliver to service providers worldwide and the US is a clear growth market for EKINOPS where we will continue to invest.”

Wednesday, October 31, 2018

EKINOPS intros OneAccess 10G Ethernet Access Device

EKINOPS introduced its OneAccess 10G Ethernet Access Device (EAD) for high-speed Ethernet services to Enterprise and wholesale customers.

The OneAccess 1651 EAD, which will be commercially available in Q1 2019, will enable operators to monitor thousands of Ethernet links centrally and generate service activation birth certificates without the need for deploying test equipment at the customer site.

EKINOPS said its new OneAccess 1651 EAD also enhances the L2 aggregation capabilities in optical transport deployments. The new combined solution draws on Ethernet packet multiplexing and grooming, enabling operators to transport Ethernet connections in a more efficient and flexible way over the optical network. This innovative pairing is the first joint development project by Ekinops’ Access and Optical Transport business lines.

“EKINOPS presence at the MEF18 conference allies perfectly with the focus of the event: to enable orchestrated communication services for the digital economy,” comments Pravin Mirchandani, CMO, Ekinops, France. “Our new Ethernet product will lower the cost of Cloud-enabling businesses for operators and CSPs everywhere. We are delighted also to report on the first example of how our newly combined access and optical transport specialisms are innovating to respond to the needs of operators; this time by increasing capacity on the optical network. Our commitment to openness in virtualization solutions continues to chime with operators globally, and is enabling them to migrate to NFV flexibly and at a pace they define, free from vendor-lock in.”

Sunday, October 21, 2018

Ekinops seeks to acquire Alcatel Submarine Networks

Ekinops confirmed that it has initiated preliminary discussions with Nokia Corporation regarding a possible acquisition of Alcatel Submarine Networks. No further details have been posted.

Ekinops, which is based in France, supplies optical transport solutions for metro, regional, and long-haul applications. The company also supplies physical and virtualized deployment options for layer 2 and layer 3 network functions under its OneAccess brand.


Ekinops posts Q3 revenue of EUR 21 million

Ekinops reported Q3 2018 consolidated revenue of €20.93 million, up 395% as reported from €4.22 million in Q3 2017. On a pro forma basis, with the consolidation of OneAccess and its subsidiaries backdated to January 1, 2017, Group quarterly growth came to 32%.

For the first nine months of the financial year, EKINOPS consolidated revenue came to €63.02 million, up 324% in total from €14.85 million last year. On a pro forma basis, nine-month growth came to 16%.

The top 10 customers accounted for 60% of the business during the first nine months.

Ekinops said it is seeing strong business momentum in all regions and that it is confident of achieving its 2018 annual guidance, which was revised upwards on publication of the first-half results at the end of September: consolidated annual revenue of over €82 million (versus 2017 pro forma revenue of €73.8 million) and an EBITDA margin of at least 5%.

Thursday, June 21, 2018

EKINOPS cites growth in FlexRate 100G + 200G modules

EKINOPS reported strong sales momentum its FlexRate solutions that provide 100 Gbps and 200 Gbps services in the same compact module.

The company cited double-digit growth for these next-generation service modules over four successive quarters since they were first delivered to customers in 2017. EKINOPS said the modules have been installed in over 15 new customer networks in just nine months.

“While we knew we had the right solution when we came to market with these new FlexRate modules and were optimistic for their success, even our best-case forecast models underestimated the demand we are now seeing for them,” said François Xavier Ollivier, Co-Founder & COO of Ekinops.

Ekinops debuts flexible line rate modules

Ekinops based in Lannion, France, a global supplier of next-generation optical networking equipment, introduced two new flexible rate line modules for its optical transport platform in metro, regional or long-haul deployments.

The two new modules – the PM 200FRS02 and PM 200FRS02-SF – employ dual QSFP28 client ports with software-selectable line side modulation that can be provisioned as either DP-QPSK or 16QAM to create 100G or 200G transport links. The new generation modules occupy only one-third the space of previous equipment, occupying only a single slot in an Ekinops 360 chassis, for three times the capacity per shelf. This makes it possible to fit up to 1.2 terabits per second of capacity in only two rack units. In addition, the PM 200FRS02-SF provides single fiber operation, giving service providers the option of cutting fiber costs in half.

Ekinops is also adding to the flexibility of the modules by introducing the PM 100G-AGG companion card for multiplexing up to ten 10G multiprotocol client services into a G.709 standard OTU4 that connects to one client port on the PM 200FRS02 or PM 200FRS02-SF.

Ekinops said its new modules will help service providers to reduce their capital and operational costs, improving the business case for deploying new capacity.

Friday, April 6, 2018

Epsilon deploys EKINOPS FlexRate in greenfield NYC metro network

Epsilon, a privately owned global communications service provider that operates a cloud-centric interconnect fabric, has deployed Ekinops' new FlexRate line module in a greenfield network.

Specifically, the deployment by Epsilon uses EKINOPS PM 200FRS02 FlexRate line modules to provide up to 200G of bandwidth for connectivity of 100GbE services to any of its 18 New York metro area Points of Presence (PoPs).

Ekinops said it was selected for its performance, flexibility, and scalability. Up to six modules can be deployed in a single shelf providing 1.2 Tbps of capacity in just 2RU and with ultra-low power consumption. EKINOPS was also the only vendor capable of meeting Epsilon’s accelerated four-week delivery schedule that was requested to meet specific customer demands.

The EKINOPS PM 200FRS02 employs dual QSFP28 client ports with software-selectable line side modulation that can be provisioned as either DP-QPSK or 16QAM to create 100G or 200G transport links.

Ekinops also confirmed that Epsilon will use its solution to upgrade its network in three major European cities — Paris, Frankfurt and Amsterdam. The upgrades will use Ekinops ROADM solutions as well as its passive filter solutions.

“Networks today are all about speed, not just bit rates, but speed to market and speed of delivery and Epsilon is a perfect example of this approach” said Mark Burton, Vice President of Sales EMEA of Ekinops. “The EKINOPS 360 platform with the PM 200FRS02 helps them in each of these areas today with 200G, while also providing the pathway to 400G when they need it.”

Tuesday, December 5, 2017

Ekinops debuts flexible line rate modules

Ekinops based in Lannion, France, a global supplier of next-generation optical networking equipment, introduced two new flexible rate line modules for its optical transport platform in metro, regional or long-haul deployments.

The two new modules – the PM 200FRS02 and PM 200FRS02-SF – employ dual QSFP28 client ports with software-selectable line side modulation that can be provisioned as either DP-QPSK or 16QAM to create 100G or 200G transport links. The new generation modules occupy only one-third the space of previous equipment, occupying only a single slot in an Ekinops 360 chassis, for three times the capacity per shelf. This makes it possible to fit up to 1.2 terabits per second of capacity in only two rack units. In addition, the PM 200FRS02-SF provides single fiber operation, giving service providers the option of cutting fiber costs in half.

Ekinops is also adding to the flexibility of the modules by introducing the PM 100G-AGG companion card for multiplexing up to ten 10G multiprotocol client services into a G.709 standard OTU4 that connects to one client port on the PM 200FRS02 or PM 200FRS02-SF.

Ekinops said its new modules will help service providers to reduce their capital and operational costs, improving the business case for deploying new capacity.

Aire Networks, which is Spain's fourth largest wholesale operator, is now using the Ekinops modules in its 27,000-kilometer fiber network that covers 90 percent of the country. The single fiber capability was key for Aire Networks, which was looking for a solution supporting 200G transmission in single fiber mode.

“We have been able to reduce the form factor in these new modules by a factor of three while reducing power requirements by a factor of two. That delivers an order of magnitude improvement in service density and network cost, key factors for Aire Networks and for other Ekinops customers when it comes to profitability,” said Mark Burton, EMEA Vice President of Sales at Ekinops. “This demonstrates Ekinops’ continued commitment to providing our customers the most efficient and flexible optical transport solutions.”


Tuesday, October 17, 2017

Ekinops powers Pennsylvania’s KINBER

Ekinops is supplying optical networking equipment to the Keystone Initiative for Network Based Education and Research (KINBER), Pennsylvania’s statewide research, education and community networking organization.

Harrisburg-based KINBER provides network connectivity and services – including IP, Ethernet, and wavelength services – to more than 80 organizations in Pennsylvania. KINBER owns and operates a more than 1,800-mile fiber network across the Commonwealth of Pennsylvania with access points in 47 of the 67 Pennsylvania counties.

For this upgrade, KINBER successfully installed two 100G long-haul connections using its Ekinops 360 platform. One span extends 166 miles and the other extends 609 miles of the East Ring of the PennREN Network with a round-trip latency of only 11 milliseconds on the longer route. KINBER’s PennREN network upgrade using Ekinops 360 represents the first availability of 100GE capability across the Commonwealth.

Ekinops noted that its equipment was installed over an existing third-party ROADM network.

Wednesday, October 4, 2017

Ekinops acquires OneAccess

Ekinops, a leading supplier of next-generation optical network equipment based in Lannion, France, completed its previously-announced acquisition of OneAccess

France-based OneAccess, founded in 2001 and with around 350 staff, is a supplier of software and hardware platforms to telecom carriers and service providers serving large corporate and SME customers. The company claims nearly 130 telecom carriers as clients, including 29 in the global Top 100, and has four R&D centres, located in Velizy and Sophia Antipolis, France, Louvain, Belgium and Bangalore, India. In 2016, OneAccess generated revenue of Euro 58 million and EBITDA margin of 9.1%.

For its part, Ekinops mainly addresses second-tier carriers, many of which are in the U.S. market.

Ekinops said the deal strengthens its position as a major player in transport, Ethernet and corporate routing solutions for telecommunications networks. The combined company will have revenues of approximately 76 million euros and EBITDA margin of 6.3% (2016 proforma). The market capitalization of the new group amounts to approximately EUR 119 million (as of September 29, 2017).

Didier Brédy, Chief Executive Officer, said, “With the completion of this acquisition, Ekinops will be a stronger company, positioned for future growth. Our shared technological vision, strong software culture and significant commercial, geographic and product sets complementarity will enable us to create value for our customers, employees, and shareholders.”

Tuesday, April 18, 2017

Ekinops and OneAccess Plan Merger

Ekinops based in Lannion, France, a global supplier of next-generation optical networking equipment, and the major shareholders of OneAccess, a provider of network access solutions, announced that they have entered into exclusive discussions for a combination of their operations, with the proposed transaction to involve the acquisition of OneAccess by Ekinops.

The combination of the two companies would create a major player in transport solutions, Ethernet services and business routing sectors with combined annul revenue of over Euro 76 million (based on data for 2016).

As an initial step, Ekinops and OneAccess will consult with their employee representative organisations, with a view to finalising negotiations once the opinions of those organisations have been received.

Under the terms of the proposed acquisition, OneAccess' enterprise value is estimated at Euro 60 million, or approximately 1x revenue, representing an equity value of Euro 58 million. Ekinops plans to fund acquisition through a combination of cash and shares, as a part of which it would implement a capital increase for the equivalent of approximately 50% of OneAccess' equity capital, with this transaction subject to approval by its shareholders.

Subject to shareholder approval, on completion of capital increase transaction, OneAccess' shareholders would contribute all of their shares in exchange for 50% of the value in cash and 50% in Ekinops shares. The new Ekinops shares would be priced at the average share price, weighted by volume, of Ekinops shares on Euronext between 30 March and 15 April 2017, but within the range Euro 7.25 and Euro 8.21. On completion of the transaction, OneAccess shareholders would own 20%-25% of the new company.
In addition, an earn-out payment based on revenue generated of not more than Euro 6 million would be paid to OneAccess shareholders for the 2017 and 2018 fiscal years.

France-based OneAccess, founded in 2001 and with around 350 staff, is a supplier of software and hardware platforms to telecom carriers and service providers serving large corporate and SME customers. The company claims nearly 130 telecom carriers as clients, including 29 in the global Top 100, and has four R&D centres, located in Velizy and Sophia Antipolis, France, Louvain, Belgium and Bangalore, India. In 2016, OneAccess generated revenue of Euro 58 million and EBITDA margin of 9.1%.

Through combining their operations, Ekinops and OneAccess would establish a major global supplier of optical transport and telecom network virtualisation solutions. The new company would have a total workforce of over 400 employees and combined revenue of Euro 76 million, with around 55% sales generated outside of France.

The transaction is currently expected to be completed during the summer of 2017.

Friday, June 10, 2016

Pennslyvania's DQE Comm Launches Wavelength Service

DQE Communications, a business network services provider in western Pennsylvania, has launched a wavelength service option.

Ekinops supplied its 40-channel reconfigurable optical add-drop multiplexer-based system.

DQE, which is a subsidiary of Duquesne Light Holdings, operates a 2,700-route-mile fiber-optic network serving 11 counties around Pittsburgh. That network serves 1,140 on-net buildings, 33 business parks, 15 data centers and multiple hub sites.

https://www.ekinops.net

Wednesday, December 16, 2015

Ekinops Supplies 100G DWDM in Kazakhstan

Transtelecom JSC, one of the largest service providers in the Republic of Kazakhstan, has deployed 100G DWDM optical transport equipment from Ekinops across its country-wide optical network and to the border of China.

Transtelecom owns more than thirteen thousand kilometers of fiber-optic cables throughout Kazakhstan, primarily along the railway lines. Transtelecom wanted to increase its backbone capacity in Kazakhstan and their ability to carry high capacity from China across to Russia. A major requirement for serving customers in China is providing low latency and the Ekinops solution was able to meet this and other requirements.

http://www.ekinops.net/en/press-releases/337-transtelecom-in-kazakhstan-chooses-ekinops-for-its-100g-dwdm-network-to-china