NetSocket Buys Operax Assets

NetSocket Inc. has completed the acquisition of all Operax assets

October 8, 2008

1 Min Read

PLANO, Texas -- NetSocket is an emerging leader in the IP Service Assurance arena with an experienced management team, significant intellectual property, growing market traction and solid financial backing. The management teams of both companies are very excited about the synergies that result from the combination of the teams, products and technologies. This combination provides a proven, unique, industry-first IP Service Assurance solution with real-time per-session visibility, resource control and real-time Session2Topology™ correlation capabilities across multiple access network technologies. For NetSocket, it has always been a goal to provide a complete IP Service Assurance solution that includes all of the elements that will speed the broad adoption of a range of high-bandwidth IP services. The acquisition of the Operax assets will accelerate the process of reaching that goal.

NetSocket is devoted to maintaining and building on the trust and confidence that Operax earned as a world-class resource control solution. This acquisition strengthens NetSocket’s European presence and provides NetSocket with a significant team presence in Luleå, Sweden, as its European base of operations with key personnel including former Operax founders and technical staff. NetSocket is excited about continuing the market momentum achieved by Operax and looks forward to strengthening the partner agreements and customer activities that were already in progress.

NetSocket expects to provide additional details on the acquisition in 4Q 2008. Also, moving forward, all existing and future technology will fall under the NetSocket banner and be referred to in accordance with the NetSocket product and service naming conventions.

Operax AB

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