Spirent acquires DAX for $37 mn

Test & measurement firm Spirent on Tuesday said it would acquire Dax Techniologies for $37 million. The deal will be an all cash transaction. The New Jersey based firm Dax offers customer experience management (CEM) solutions whihch help telecom operators quantify their services offered to customers.

“Our service provider customers are deploying converged networks that need to support an ever-increasing range of rich applications and associated data traffic.  These complex networks generate massive amounts of data, yet provide a limited understanding of the customer experience,” said Eric Hutchinson, CEO of Spirent.

The acquisition of DAX will enable Spirent to combine measurements and data from its solutions in the lab and in live networks, delivering high-value solutions and expertise that help its customers deploy and manage complex new networks and services faster and more effectively, Spirent said in a statement.

“The addition of DAX positions Spirent well to help service providers with the unprecedented challenges they face when developing and managing new services in mobile and wireline network environments of rapidly increasing complexity.  This acquisition will enable us to strengthen our Service Assurance portfolio, expanding Spirent’s addressable market in the live network.”

The transaction is structured as an acquisition of the business, subject to customary closing conditions and is expected to complete within one week of signing. For the year ended 31 December, 2012 DAX reported profit before tax of $6.8 million and gross assets of $6.8 million.

“Rapid change in the mobile eco-system brings many opportunities and InTouch has quickly established a leading position in the fast-growing CEM segment,” said Frank Galuppo, CEO of DAX Technologies.

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