JDSU Buys More 4G SPIT Smarts
Determined to keep itself in the hearts and minds of the world's 4G LTE network operators, JDSU has acquired the OSS firm Trendium. It also said the purchase (for an undisclosed sum) helped it land a significant Service Provider Information Technology (SPIT) deal with a major mobile operator.
JDSU (Nasdaq: JDSU; Toronto: JDU) said in a press release that the addition of Trendium's network monitoring tools to its service assurance portfolio will help mobile operators collect and analyze information about their networks quicker and easier and "at a fraction of the cost" of other systems. (See JDSU Buys Trendium.)
JDSU says the addition of Trendium's technology helped it win a recent $10 million contract with "one of the top five mobile operators in the world."
The addition of Trendium is complementary to JDSU's 2013 acquisition of the network optimization and analytics specialist Arieso. (See JDSU Buys Mobile OSS Vendor for $85M.)
The optical components, test and measurement, and OSS vendor announced the Trendium acquisition as it unveiled better-than-expected fiscal second-quarter financial results. It posted revenue of $447.6 million, some way ahead of the $434 million expected by Wall Street.
— Ray Le Maistre, Editor-in-Chief, Light Reading