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
Burger King has introduced a donut burger in Israel to celebrate the Jewish festival of Hanukkah. The burger will be called the SufganiKing, a play on the Hebrew word for donut, which is sufganiyot. The burger will be sold for about $4. Ciena Corp., a provider of communications networking solutions, on Thursday reported a turnaround to profit in the fourth quarter on higher revenues and lower expenses. However results for the quarter missed analysts' estimates. Looking ahead, the company forecast revenue for the first quarter of fiscal 2017 in line with analysts' expectations. Wearable fitness device maker Fitbit Inc. said it has acquired the assets of struggling smartwatch startup Pebble, including key personnel and intellectual property related to software and firmware development. The acquisition excludes Pebble's hardware products. Financial terms of the deal were not disclosed.
comments powered by Disqus
Follow RTT