Exfo buys multi-channel telecom and datacom testing solutions Gnubi in a deal worth between $4.3 and $7.2 million
Exfo Electro-Optical Engineering has signed an agreement to purchase substantially all the assets of Gnubi Communications, including its technology, expertise, customer base and inventories, in a stock-and-cash deal that ranges between US$4.3 million and US$7.2 million.
Consideration paid consists of US$2.5 million in Exfo stock, US$1.8 million in cash and a cash earn-out based upon sales volume.
Gnubi is a supplier of multi-channel telecom and datacom testing solutions with an established customer base of Tier 1 optical transport equipment manufacturers and R and D labs.
The company's flexible product line enables cost-effective bit error rate testing (Bert) of Sonet/SDH and gigabit ethernet optical systems reaching data transmission rates of 10Gb/s.
The Gnubi solution, which is scalable for current and next-generation optical systems, can simultaneously test multiple communication ports in lambda routers, optical switches, cross-connects and DWDM systems (DS1 to OC-192, E1 to STM-64, GigE) on a single platform.
