Alcatel-Lucent to acquire NetDevices

Californian firm to be integrated into Alcatel-Lucent's Enterprise Business Group

Written by Robert Jaques

Advertisement

Alcatel-Lucent has announced a definitive agreement to acquire privately held NetDevices, a California-based developer of services gateway products for enterprise branch networks.

Seenu Banda, founder and chief executive at NetDevices, said: " Alcatel-Lucent provides an ideal partnership with its global sales, service, and the development capabilities."

On close of the transaction, the NetDevices team and products will be integrated into Alcatel-Lucent's Enterprise Business Group, reporting into Tom Burns, president of Alcatel-Lucent's Enterprise Solutions activities.

The acquisition is subject to various standard closing conditions, including applicable regulatory approvals, and is expected to close in the second quarter of Alcatel-Lucent's fiscal 2007. Terms of the deal were not disclosed.

NetDevices was founded in 2003 and has 45 employees located in Sunnyvale, California and Bangalore, India.

Tags:

Further reading

Related whitepapers

Related jobs

Do you agree?

Most commented stories

IT white papers

Search vnunet IThound

Top categories

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Watch

05 Sep 2008

8.64 MBPodcast Special: Views from the Valley More...

Podcast image

04 Sep 2008

12.7 MBComputing podcast 4 September 2008 More...

Podcast logo

02 Sep 2008

8.39 MBEco-Entrepreneur Podcast: Bulldog More...

Poll

INTERNET EXPLORER 8

INTERNET EXPLORER 8

Are you intending to download Internet Explorer 8 when it becomes available?

Previous poll results

Spotlight

LogMeIn Rescue+Mobile

BlackBerry gets LogMeIn remote support

Rescue+Mobile lets a support technician take control of the handset   More...

Dell manufacturing plant

Dell planning factory closures to cut costs

Report claims that PC maker is looking to sell off...  More...

Google Chrome

More growing pains for Chrome

Google wrestles with licensing and security problems   More...

Smartphone

US takes 3G crown from Europe

Americans finally catch up with Europeans in adoption of 3G   More...

Primary Navigation