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Exar buys Galazar Networks

Posted: 09 Jun 2009     Print Version  Bookmark and Share

Keywords:Carrier Ethernet  next generation network  telecommunication service  packet-based 

Exar Corp. and Galazar Networks Inc. have signed a definitive agreement under which Exar will acquire Galazar Network. Terms of the agreement were not disclosed.

"The emerging packet-based infrastructure offers telecommunication service providers not only increased bandwidth and manageability but the ability to expand their revenue base via new services," said Pete Rodriguez, Exar's president and chief executive officer. "Galazar's innovative Carrier Ethernet products will allow Exar to offer a broad range of silicon and software solutions to address this rapidly evolving, high-growth market."

"The combined product portfolio coupled with Exar's strong Tier-1 customer relationships and extensive sales channel will offer leading providers of telecommunication systems a comprehensive set of both packet-based and TDM technologies for next generation network architectures," said Paul Pickering, Exar's senior vice president of marketing.

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