Genband buys Aztek
April 4, 2012
Infrastructure and application provider Genband has announced that it has closed a deal to acquire Aztek Networks, a leading supplier of switch consolidation and network migration solutions.
“The Aztek acquisition strategically enhances our network transformation capabilities with both innovative technology and talent,” said Charlie Vogt, president and CEO of Genband. “We welcome Aztek customers, employees and solutions to the Genband family and look forward to offering the G5 platform, which is fully integrated into our network transformation portfolio. With this acquisition, Genband is uniquely positioned to offer our customers a true end-to-end network transformation solution – from the edge all the way to the core.”
As part of the deal, Genband gains the Aztek 5000-series, which will be marketed under the Genband G5 brand. The G5 Line Access Gateway offers operators a cost-effective solution to replace legacy line access equipment as they modernize networks to IP.
Prior to the acquisition, privately held Aztek Networks was backed by a number of VC investors, including Verizon Investments LLC.