Tellabs Acquires Wichorus for Undisclosed Sum

  • Feed Type
  • Date
    10/22/2009
  • Company Name
    Wichorus
  • Mailing Address
    3590 N. 1st Street San Jose, CA 95134
  • Company Description
    WiChorus provides a new class of intelligent wireless core platform that enables service providers to deploy large scale, profitable WiMAX and LTE networks. Leveraging this platform, our Intelligent ASN Gateway solution provides content management, advanced service and subscriber management, and network optimization, enabling service providers to capitalize on service differentiation opportunities and streamline operational costs.
  • Website
    http://www.wichorus.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the transaction, which was approved by both companies’ boards of directors, Tellabs will pay approximately $165 million in net cash for WiChorus.

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