logo
Share SHARE
FONT-SIZE Plus   Neg

F5 Networks To Acquire Traffix Systems - Quick Facts

F5 Networks, Inc. (FFIV) 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."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
KFC has brought its "Finger Lickin' Good" tag line to life by creating KFC-flavored nail polishes. KFC Hong Kong has partnered with advertising agency Ogilvy & Mather to make "Original" and "Hot & Spicy" edible nail polishes. The flavors contain natural ingredients and are based on KFC's two popular... Telecom giant AT&T Inc. has awarded a contract to host its web and mobile portals to Synacor Inc., ending a major portion of its 15-year old deal with Yahoo! Inc. The move by AT&T deals a blow to Yahoo!'s already shrinking search and display ad business and comes at a time when the struggling Internet giant is weighing offers from potential bidders. Chinese e-commerce giant Alibaba Group Holding Limited on Thursday reported an 85 percent surge in profit for the fourth quarter from last year on strong revenue growth, mainly driven by the continued rapid growth of the company's China commerce retail business. Shares of the company are gaining almost 3 percent in pre-market activity.
comments powered by Disqus
Follow RTT