Alcatel-Lucent acquires NetDevices

Bangalore, May 21 (UNI) Global communications major Alcatel-Lucent has acquired NetDevices, a city based private developer of services gateway products for enterprise branch networks.

Announcing the acquisition here today, Alcatel-Lucent's Enterprise Activities President Hubert de Pesquidoux said plans were afoot to expand operations of NetDevices both in the city and in United States.

NetDevices would deliver a market recognised, innovative and flexible enterprise networking platform designed to reduce the cost and complexity of managing branch office networks.

Mr Hubert said traditional architectures lacked the flexibility and programmability to deploy the new converged infrastructures in a cost-effective way. A fresh approach based on the innovative enterprise platform from NetDevices combined with Alcatel's core strengths of voice and switching would now help to deliver the best enterprise networks.

''I am very excited that by joining forces with Alcatel-Lucent, we can enhance the benefits of NetDevices' solutions to our customers and create new opportunities for our partners,'' founder and CEO of NetDevices Seenu Banda said.

The NetDevices team and products would be integrated into Alcatel-Lucent's enterprise business group and upon close of transaction they would report to Alcatel-Lucent's Enterprise Solutions Activities President Tom Burns.

The acquisition was subject to various standard closing conditions, including applicable regulatory approvals and was expected to close in the second quarter of Alcatel-Lucent's fiscal year 2007.

The terms of the deal were not disclosed.

UNI