Plano-based GENBAND acquires NextPoint Networks

by PegNews wire

PLANO — GENBAND, the Plano-based, market-leading developer of next-generation IP infrastructure solutions, today announced the acquisition of NextPoint Networks, a market share leader in carrier grade security solutions, including Session Border Controllers (SBC) and Security Gateways (SeG) for Fixed Mobile Convergence (FMC) solutions.

The NextPoint transaction is the latest in a series of acquisitions and partnerships. These include GENBAND’s acquisition of Tekelec’s Switching Solutions Group in April 2007, and Nokia Siemens Networks’ Surpass IP trunking gateway product lines in April 2008, as well as the establishment of partnerships with leading network equipment manufacturers such as Alcatel Lucent, Nokia Siemens Networks, Nortel and NEC.

“We are extremely focused on building our next-generation IP gateway business and the acquisition of NextPoint fits perfectly into our product development roadmap,” said Charles Vogt, president and chief executive officer of GENBAND. “By adding very competitive SBC and FMC security technology into our gateway solutions, we significantly increase our addressable market. The acquisition of NextPoint allows us to fulfill the critical security requirements our customers and partners face as they move toward and embrace IP-based technologies in telecommunications networks.”

“We couldn’t be more pleased with the combination of GENBAND and NextPoint,” says David Walsh, Nextpoint’s Chairman and new member of the GENBAND Board of Directors. “Joining GENBAND’s market-leading gateway technology with our expertise in security creates a winning proposition neither company could have achieved on its own. Gateways and security are at the heart of an IP-based network and we look forward to fueling GENBAND’s continued growth with more powerful, comprehensive and innovative offerings.”

Source: Genband