Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

F5 Networks To Acquire Traffix Systems - Quick Facts

RELATED NEWS
Trade FFIV now with 

F5 Networks, Inc. (FFIV: Quote) said it has agreed to acquire Traffix Systems, a provider of 4G Diameter signaling products for telecommunications service providers. The terms of the acquisition were not disclosed.

F5 Networks noted that the acquisition is subject to the satisfaction of certain closing conditions and is not expected to have a material impact on its operating results.

According to Ben Volkow, chief executive officer of Traffix Systems, "Bringing together F5's superior expertise in IP for applications and data with Traffix's industry leadership in Diameter and signaling for the control plane, F5 has the unique depth and breadth to make the transition from 3G to 4G and IMS much simpler, cost effective, and non-disruptive for carriers."

Click here to receive FREE breaking news email alerts for F5 Networks Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
New Zealand's diary giant Fonterra lowered its forecast for farmer payouts for the 2014/15 season citing falling world dairy prices and a strong New Zealand dollar. The 2014/15 Farmgate Milk Price forecast was lowered to NZ$6 per kg of milk solids from its earlier estimate of NZ$7 per kg in May, the... Home improvement and building products company Masco Corp. said Monday after the markets closed that its second quarter profit jumped 78% from last year, as revenue increased and margins improved amid strong performance of its Plumbing Products, Installation and Other Services and Decorative Architectural Products segments. American Financial Group Inc. (AFG) Monday reported second-quarter net earnings of $106 million or $1.15 per share, compared to $110 million or $1.20 per share last year. Core net operating earnings were $99 million or $1.07 per share, compared to $87 million or $0.96 per share last year. Total...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.