ADVA Optical Networking Acquires Overture Networks
January 13, 2016
ADVA Optical Networking SE acquired Morrisville, North Carolina-based Overture Networks for an initial $35 million (with up to $5 million in conditional earn-out) to strengthen its NFV and Ethernet access capabilities. The deal combines ADVA's optical and access hardware with Overture's Ensemble NFV software and orchestration tools, expands ADVA's footprint in North America and adds roughly 178 employees.
- Buyers
- ADVA Optical Networking SE
- Targets
- Overture Networks, Inc.
- Sellers
- Morgenthaler Ventures, Questmark Partners, Globespan Capital Partners
- Industry
- Telecommunications
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ADTRAN Holdings Acquires ADVA Optical Networking in Business Combination
July 15, 2022
IT Services
ADTRAN Holdings, Inc. announced the closing of its business combination with ADVA Optical Networking SE. The companies received all required regulatory approvals and shareholder consent, and ADTRAN Holdings became the parent company of ADVA after exchanging tendered ADVA shares for ADTRAN Holdings shares.
-
Acorn HoldCo/ADTRAN Agrees to Takeover of ADVA Optical Networking SE
July 6, 2022
Telecommunications
Acorn HoldCo, Inc., in connection with ADTRAN, launched a voluntary public takeover offer for ADVA Optical Networking SE, securing 65.43% of ADVA shares via an exchange of Acorn HoldCo common stock. Acorn HoldCo intends to implement a domination and profit and loss transfer agreement to integrate ADVA with ADTRAN and realize operational synergies prior to year-end 2022.
-
Advantage Solutions Acquires Quantum Networks
January 8, 2020
E-Commerce
Advantage Solutions has acquired Quantum Networks, a New York City–based e-commerce retailer and agency that represents more than 100 brands across major online marketplaces. The acquisition brings Quantum's Amazon/marketplace selling and brand-management capabilities into Advantage Digital Technology to expand Advantage's omnichannel e-commerce and digital services offering; terms were not disclosed.
-
Nokia Completes Acquisition of Infinera to Expand Optical Networks and Webscale Presence
June 27, 2024
IT Services
Nokia has completed its acquisition of Infinera, bringing the optical networking supplier into Nokia effective at closing. The deal expands Nokia’s Optical Networks scale and is expected to accelerate Nokia’s product roadmap and growth in webscale and data center-related applications.
-
Otava Acquires NewCloud Networks
August 17, 2021
Cloud & SaaS
Otava, a secure hybrid cloud provider and subsidiary of Schurz Communications, has acquired cloud services provider NewCloud Networks to expand its product portfolio, network capacity and geographic footprint. The deal adds NewCloud’s managed security, backup, disaster recovery and Desktop-as-a-Service offerings as well as a nationwide 10Gb network and multiple new cloud nodes across the U.S. and Europe.
-
Keysight Technologies to Acquire Synopsys Optical Solutions Group
September 19, 2024
Cloud & SaaS
Keysight Technologies entered into a definitive agreement to acquire Synopsys’ Optical Solutions Group, a developer of optical design and analysis software tools. The deal expands Keysight’s design engineering software portfolio for optical systems design, analysis, simulation, and virtual prototyping, and is expected to close in the first half of 2025 subject to customary approvals and conditions, including regulatory review of Synopsys’ pending acquisition of Ansys.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.