Tektronix Acquires Arbor Networks
Arbor Networks, a Chelmsford, MA-based developer of security and network management software, has agreed to be acquired by Tektronix Communications, the Texas-based firm now owned by tech conglomerate Danaher (NYSE: DHR). Terms of the deal weren’t announced, but it is expected to close next month. Arbor Networks was founded in 2000 by University of Michigan professor Farnam Jahanian and U-M PhD grad Rob Malan. It makes security software primarily for Internet service providers and data centers. The company has a growing presence in Ann Arbor, MI. Meanwhile, Tektronix Communications is affiliated with Tektronix, the Oregon tech institution that was bought by Danaher in 2007 for $2.85 billion. Back in 2004, Tektronix had acquired Texas-based Inet Technologies as its entry into networking software.
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