Tektronix Communications, which describes itself as a “provider of communications test and network intelligence solutions,” announced on 9 Aug. that it will acquire Arbor Networks.
The deal, made for an undisclosed sum, is meant to help Tektronix build a brand in security, Tektronix Senior Vice President and General Manager Rich McBee told eWEEK.
“By adding Arbor to the fold, we establish a security beachhead, meaning that we are able to offer our fixed-line, mobile, converged/IP and enterprise customers the industry’s most complete set of IP security solutions to deploy, measure, monitor and secure their networks,” McBee said.
“Arbor will be able to accelerate investment in existing product lines, develop new and innovative solutions for data centre and mobile markets, and, overall, invest and grow the business in a way that they simply could not as a stand-alone company,” he continued. “In short, they will be better positioned as a solutions provider, helping customers address the security challenges they face while operating global business networks.”
Founded in 2000, Arbor Networks is headquartered in Chelmsford, Mass., and specialises in network security and monitoring technology. Arbor will remain a separate company, and the integration will happen primarily at the business level, McBee explained.
“This [deal] should help Arbor accelerate the delivery of infrastructure security solutions that are critical to the success of converged carrier network operators and next-generation data centres,” Arbor Networks CEO Colin Doherty said in a statement. “Arbor further strengthens Tektronix Communications with the ability to offer their customers best-in-class network IP software security and management solutions, along with differentiated, revenue-generating managed security services.”
The deal is expected to close in September.
CMA receives 'provisional recommendation' from independent inquiry that Apple,Google mobile ecosystem needs investigation
Government minister flatly rejects Elon Musk's “unsurprising” allegation that Australian government seeks control of Internet…
Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…
Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…
Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…