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Adva Acquires Ethernet Startup

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MAHWAH, N.J., July 26 -- Adva Optical Networking announced today it has signed a definitive agreement to acquire the remaining 70-percent ownership stake in Metro Packet Systems Inc., a private Ethernet startup company. "The team of nine engineers at Metro Packet Systems possesses extensive knowledge and expertise in the area of carrier-class Ethernet technology, particularly systems targeted at metropolitan access networks and customer premise sites," Advan said in a statement. "This acquisition underscores Adva's commitment to building up a second core business around Ethernet access...Read full article

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    Published: July 2004
    AdvaAdva Optical Networkingcarrier-class Ethernet technologyCommunicationsEthernetMetro Packet SystemsNews & Features

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