Zhone Technologies acquired the assets of Gluon Networks, a start-up based in Petaluma, California for approximately $7.0 million. Gluon had been developing next-generation converged switching systems for service providers.
Gluon’s Converged Local Exchange (CLX) platform includes a switching and signaling gateway interface, supporting both North American and international standard variants. In addition to complying with federally mandated capabilities such as CALEA, LNP, and E911, the CLX supports Class 5 services, including Custom Local Area Signaling Services (CLASS), GR-303, TR-08 and direct host or remote-based copper termination for plain old telephone service (POTS). http://www.zhone.com
- Gluon Networks had previously disclosed more than $76 million in venture funding since its formation in late 1999. Investors included JP Morgan Partners, New Enterprise Associates and U.S. Venture Partners.
