GENBAND to Acquire Cedar Point Communications

Genband_Logo.jpgGENBAND has signed a definitive agreement to acquire Cedar Point Communications, a worldwide leader in IP switching solutions for cable providers. The transaction is expected to close in January 2011, and is subject to customary approvals and closing conditions.

By acquiring Cedar Point, GENBAND will increase its existing market-leading position in cable VoIP and will add Cedar Point’s IP switching solutions to its product portfolio. With 7.5 million lines in service globally, Cedar Point will also add major tier 1 customers to GENBAND’s broad customer base.

Cedar Point solutions support residential and business services across a diverse customer base that includes leading cable system operators such as Comcast, Liberty, Charter and Kabel Deutschland. In addition to cable, Cedar Point serves CLECs, wireless operators and universities.

GENBAND’s solutions enable cable operators to provide secure, scalable and competitive multimedia services to both residential and enterprise customers with a portfolio that includes Applications, Call Control, Media Gateways, Traffic/Policy Management and Session Border Controllers.

Posted on Jan 04, 2011  Reviews | Share |  Digg
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