EXFO Acquires ByteSphere Assets
QUEBEC CITY, CANADA — EXFO Inc. (NASDAQ: EXFO; TSX: EXF) announced today it has acquired the assets of ByteSphere LLC, a privately held software company in the Boston area that specializes in global IT management and network monitoring solutions.
This transaction extends EXFO's capabilities in network performance management for infrastructure monitoring through highly scalable device and network element polling. ByteSphere's solutions feature advanced patented techniques for infrastructure performance management, including network element polling and fault management. ByteSphere's products and tools are used by some of the world's largest tier-1 network operators and Fortune Global 500 companies.
EXFO has acquired all the assets and intellectual property rights of ByteSphere as a complement to its BrixWorx line of service assurance solutions, creating a powerful combination of network and service performance monitoring for mobile and fixed telecommunications. The combination of these capabilities provides unprecedented, real-time correlation between network element performance metrics and probe-based service performance metrics, positioning EXFO to drive the value of this raw data into correlated and actionable events for customers through advanced analytics and visualization.
Terms of the transaction were not disclosed.
EXFO (Nasdaq: EXFO; Toronto: EXF)