Sonus Networks will acquire privately-held Zynetix Ltd, which developed and IP-based voice switch for GSM networks. Under the deal, Sonus will pay approximately $13 million in cash and stock for Zynetix. The acquisition is expected to close by the second week of April 2007.
Zynetix’s newly developed IP-based GSM solutions are based on 3rd Generation Partnership Project (3GPP) architecture. The software- based solutions leverage the ubiquity of GSM handsets to provide enhanced services to end users. Unlike traditional Soft-Mobile Switching Centers (MSCs), which use IP only in the core of the network, the Zynetix technology leverages existing pico- and femtocell base station technology to extend IP into the broadband access networks.
Sonus said it plans to integrate the Zynetix technology with its products to create leading solutions that address the end-to-end IP wireless access needs of GSM and 3G network operators worldwide.
Zynetix was founded in 2003 and began its first product shipments at the end of that year. Zynetix solutions are currently deployed in more than 30 customers worldwide, including mobile operators, government agencies and private enterprises. http://www.sonusnet.com
