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Meriton Buys Mahi Networks

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OTTAWA, Oct. 3 -- Optical networking solutions provider Meriton Networks today announced the acquisition of Mahi Networks Inc. of Piscataway, N.J.; terms of the deal were not disclosed. The combined company will be known as Meriton Networks. Michael Pascoe, Meriton’s president and CEO, continues in that role, with Bill Gartner, Mahi’s former president and COO, assuming the COO position at Meriton. The acquisition is scheduled to close in 30 days. According to Meriton, uniting the company's high-speed optical networking systems with Mahi’s reconfigurable optical add/drop multiplexer solutions...Read full article

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    Published: October 2005
    Glossary
    optical
    Pertaining to optics and the phenomena of light.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    acquisitionsCommunicationsMahi NetworksMeritonnetworkingNews & Featuresopticalphotonicstelecom

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