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F5 Networks To Acquire Traffix Systems - Quick Facts

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."

by RTT Staff Writer

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