Tekelec’s newly acquired switching division (formerly Taqua) reached the 100th customer milestone with the purchase of its iX7000 Class 5 packet switch by Oregon-based Axxis Communications. Tekelec’s “switch-on-a-card” platform is designed for carriers serving up to 5,000 lines. http://www.tekelec.com
- Earlier this year, Tekelec acquired Taqua, a provider of next-generation Class 5 packet switching systems, for approximately $85 million cash, plus the assumption of Taqua’s outstanding options.